Bitcoin , sitting at $9500 at the time of this analysis, is sitting on the uptrend side of the Bollinger basis, and all micro frames < 1D showing indications of continued buying support.
This analysis is clear cut and suggest BTC will soon be above $10k and potentially half-way to $20k by the time we get though August. The summer is usually a dead season /...
Welcome to this quick update guys.
Hope you all have been following my short term BTC updates that I'll be posting everyday. It can help you to make decisions on scalping, spot trading as well as Buying the local bottom and selling the local tops.
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Coming back to this chart, BTC made a low at $9112 as per my last update....
We going to present you why we believe XVG may have a big uptrend moviment.
Now the price is at the buying zone,
From maximum to minimum the price has already droped 98%
We have a very big bullish divergences on RSI on wekkly...
My custom indicators have signaled multiple times on the daily and hourly charts. Our target price is 80.80+
My calls are already in the green and I'm ready. I should have shorted it after it signaled "short" in the meantime.
Bars below turned from red to green which is a positive trend indicator
The MTL is close to a strong level of support. It is an excellent level to buy for an oscillation trade due to the good probability of reversal.
How to proceed in this opportunity?
There are 2 strategies.
The first and the simplest is to buy the asset now with a stop below the last lower level. This is the easiest strategy, as there is no need to...
Hello guys thanks for coming by to this update on ETH. In my last update I said we can break the $200 level soon if the resistance trendline is broken. ETH broke the resistance yesterday.
ETH also seems to be having a Golden cross in this 2 hours chart. It did broke above the resistance trendline and waiting for a retest.
BTC pair seems bullish too which will...
Bitcoin Halving Analysis & Predictions
So, in this analysis we're going to try to predict the price of Bitcoin against the US Dollar for around the 12 May (on the 3rd Bitcoin Halving Event!). We're also going to try and predict the future price of this asset through to the 4th halving event in 2024 - these predictions are based on chart analysis of BTCUSD from...
gold rebounded from uptrend line breaking through SMA 100
price at the end of bearish correction wave 4 from elliot waves ,start its bullish impulse wave 5
MACD shows start of bullish momentum
RSI above 50
so its expect further buying to supply zone around 1600
This impulse looks a bit weird (look at the 1/4 overlap). Another option is that it isn't an impulse and just the start of a bigger move.
Current wave looks done so I expect a (small) retracement. Pay attention IF we lose $0.225 and $0.215.
Ripple needs a move to $0.23092. Only then we can become long term bullish. But I have to admit that this looks...
Here at YouCanTrade, we have been keeping watchful eye on defensive stock Raytheon NYSE:RTX, which has been trading below its 8 day EMA over the past 2 weeks of trading. The last two days of positive market activity has helped Raytheon pullback to its 21-day moving average, which could be a signal for taking a position in the direction of the downward trend....
Short term forecast
Looking for a clean break above 0.663 / within April-May
TA: POWR has been consolidating for a couple weeks between 0.053 - 0.063 and the longer
it tightens within this range, the higher the probability of a volatile move when it finally breaks out.
An ascending triangle has been forming over the last 5 weeks and as per history, larger time...
Hello my friends, today I will look at an important observation showing a repeating pattern on a larger scale.
It also shows the events which occur the next weeks and months before the final XRPUSD break-out will...