VEN is sitting just under 20 RSI on the daily. The chart is pretty bearish and there is no support until 9k satoshis. I believe that we will slowly trend up due to a buy the rumor sell the news event with the $BTC ETF. I place the horizontal resistance levels at 35k sats and 40k sats. This is where I would plan on placing my exits in this bounce.
Keep it simple!
I've labeled a soon to be buy zone area, as we approach what could be your big day! Or not!
We have some sell signals, but has been that way since the rise years ago.
We have momentum change occurring on the 4 hour, which still could see a slight sell into my bounce area.
Amazon has not seen a wall yet, so I created one for him. I know right! ...
While walking risk-wise on razor thin ice the "S&P 500" confirmed on Monday, July 2 that the low it made on Thursday, June 28 is the new support. Therefore the market is soon going to test where the price resistance above is. I think this price area might be between 2755-2760 (or higher). I wanted to share this idea before today's open, but ran out of time. At ...
Hello Lads and Ladies,
As it was requested today, I will be looking into FUNBTC. There were talks about a possible Cup and Handle forming, so lets take a look at it.
In the last few days FUNBTC has been taking some very nice gains and has bounced from the bottom support to the 38.2% fibs line and has even touched the 50%.
Now the question would be if this can ...
Keep it simple.
Let me start out by saying I do not like this chart, or the data provided with it for the past 2 years. The bottom is not exactly seen yet confirmed.
Assuming we found the bottom, we could have a short bounce play here. Ive labled the sell zone accordingly.
I see buy signals, momentum swing bullish, and a end of wedge pattern forming.
Theres ...
We will start off with the already many times charted and traded 4h chart and then increase up until the monthly, to get a general understanding of what is happening with NEOBTC.
I personally thought that it will be an easy chart but here I am again charting at 2am.
Alright, what we see here is first of all the big blue dotted downtrend line. NEOBTC was ...
My coin of the day is REP (augur.) Buying in simply based on previous patterns/price action. MACD and RSI are less than desirable but oh well. Volume/Price action look decent enough to bring it near the top of the channel again. My target is more conservative than that, as you can see.
My target for this current bull run is somewhere in the 7000-7500 range, over the next couple of weeks. However unless massive vol shows up then, the bulls will most likely gas out again and we will continue to head back down to 5000 for a retest of the high of Aug 2017. I expect a stronger bounce then, and hopefully we get one, because 3000 is the next strongest ...
The price has been looking very bullish over the last couple of days as the resistance level of the triangle is starting to be seriously tested, a triangle like this usually breaks out the bottom but a break out the top is looking very likely. If the price is able to break this resistance level we could see highs of around 150.03. The price may break the triangle ...
It currently looks like LTC has managed to breakout the support line of the descending triangle, this is not good for the future price of this pair, as the analysis is starting to look very bearish. We see that this pair has been moving for a long period of time creating this triangle and it has finally broken out, I think the price would retrace back to the ...
No, I'm not crazy.
Rewind to April ... April 11 to be precise ... we crossed that important green trend line ... and then, while I was sitting in a movie theater getting ready to watch a movie (I think it was Star Wars, Last Jedi ... good movie by the way) ... green, 1300 points of it.
You see that green line we have now ... some define it as the upper parallel ...
Last time we bounced from 5.8 we continued to rally unto 20k. There we have some heavy support and supply zone. We can also see the we have bounced around this area 3 times or so since falling from the top of the mountain that is known as 20k. Daily RSI also heading into Oversold Territory.
That being said any bounce we have will be short lived compared to the ...
Line Graph of BTC/USD making a perfect bullish pennant for CoinMarketCap and Coinbase investors not paying attention to candles. Bounce overdue?
Line graph version of: https://www.tradingview.com/chart/BTCUSD/6JK8fXOc-Everyone-got-fooled/
COINBASE:BTCUSD BITFINEX:BTCUSD BITSTAMP:BTCUSD
BTC tends to bounce between the SMA "belts" of my indicator, I think this could easily happen, if it does I think it will delay the bottom of this bear market in bitcoin, it could be a tradeable bounce.
We take a look at TAT and see that the bounce off of the year support level of $1.25 is already in progress. We are looking for it to break $1.50 with volume before we consider a position.
The head and shoulders pattern looks like it would form once again. We have saw a double bottom form at the support level and the price has broken the neckline of the double bottom and looks like the price is now retesting the broken neckline, if this broken resistance now acts as a support level its a great position to enter a long trade. If the price starts to ...
The price has finally broken out this triangle! It looks like the price has taken the option of breaking out then returning back to the broken resistance and then bouncing. The price from here looks to be very bullish, the RSI has positioned itself in a better position to see further bullish moves. Everything at the moment seems to be pointing towards a bullish ...
