*Today we LONG L1: 791x L2 strong: 785x Target: +>100$ Or up to 3 Red point in the Chart or Higher *Soft Short at: S1: 8110 S2: 8369 S3: 8498 Target +50$ each point.
Trend is bullish so buying at bottom of channel is good. If it breaks then short. Use SL
Hello dear community! It took a time to bring few important details together. If you look on my previous charts and posts, they combined few ideas of Wyckoff method, Dow theory and chart patterns. I remember the middle of January when Bigdog published an idea of BTC short and that we not only gonna see it reaches 15k again but we will see also lows of 1k. Last...
Ethereum, the biggest coin used for token sales and ICO's, Now that the volume has died off on the daily and we bottoming out on the rsi, i feel like this would be a good time to long ethereum I'm going to wait for it to hit around the $430-470 range before I consider longing on bitmex I might miss the boat on this if it doesn't reach my entry price the RSI...
Time to open up longs
Hey guys (and girls!?), Becky here for another TA. This time we're looking at Litecoin! Litecoin is going to follow BTC movement, these two go along. There is no real support level down there. I think we will be seeing a 100% give back from the move to $350+ and only then enter an actual bullish market on LTC. I am SHORT on LTC right now 100% and taking this...
Hey everyone, as promised here's my monday analysis on BTC. 2days ago I predicted BTC would go sideways during the week end and break $8200 on Monday only to keep going down... Well that's pretty much what is going on RIGHT NOW! I think BTC will reach $7750 area very soon, There is a big square up there which makes me believe that we might not bounce of that...
ETH here is setting up the for the second part of the three part bear trend. Basing this entirely off of TA and past trends not FA. The first part is the 50%~ drop, which are just about to complete. Im expecting this first part to end around .055. Here is where the second part will begin, this second part is the chop / sideways zone where bottom shorters and fomo...
Performed some in-depth analysis on DMI/ADX which has revealed an interesting pattern with regards to BTC . - If ADX is low (below my threshold), in an uptrend DI- can be above DI+ and still continue an uptrend. - If ADX is high (above my threshold), as long as DI+ is about DI- then uptrend should continue. - If ADX is high, it represents a much more volatile...
As can be seen by the ADX and the three candle reversal - it looks like a little bit of Swing Trading can be done according to the charting patterns of 1H.
What's up people. Welcome to yet another Technical Analysis on BTC. Let's get right into it! The weekend is here, the volume is low and no drastic movement happened in the last 2 days or so. As we all know the big boys aren't working or taking any trades during the week end, hence the reason why the volume is nearly always low on saturday and sunday. We are...
Very simple easy to understand chart we have here, and ill keep it short and sweet. Bulls need to break the 9200 level to form a new uptrend on the short term, and the bears need to break down 8200 to continue the bear trend. Would like to see some significant bullish volume soon to give me more confidence in this move. Follow My Twitter For More Calls: twitter.com
Hello ladies and gentleman, boys and girls. Lets look at Xbtusd. We can see a trading channel formed and holding solidly. The long term down and uptrend has not been breached yet. Weekly chart is bearish with a bear flag. On the 4hr we can see a mini head and shoulders forming. The height of which gives us a target perfectly off the 7600 long term uptrend forming...
BTC missed my take profit and long target by about 40$, and is currently resting on a previous sup turned resistance. The 66 EMA is also acting as resistance as well as some fibs so we are seeing plenty of confluence here. This is a no trade zone here for me. Will close shorts from 9150 if we break upwards however im leaning towards a breakdown here. Bulls should...
What's up everyone. Let's get right into it. BTC has been going sideways for days and this usually indicates a BIG breakout in either direction. Here are the 2 possibilities I am seeing: $9200 - Week End Low Volume - UP Movement BTC goes up to retest the $9000 level once again and at the same time square up the big red candle right below it. $7600 - Bear...
Previous move from XBT/USD-Bitmex is recovering from downward momentum to continue after local profit levels were taken in previous longs. Divergence forming as buying volume is outweighed by the value of the coin based on previous closing averages. Looking for a short-term retracement to 7800~ USD or bottom of previous move, potentially failing that level.