We are going to analyse ENJ/BTC today. It's the first time we are going to look at low cap altcoins against bitcoin. Why just now?
It's not any secret, bitcoin dominance has been falling. Despite this trend, many altcoins look very good on charts. Crypto cycle has remained the same. Growth - fall - connsolidation and again. As bitcoin was rising from...
Hello traders investors and community. This is an update analysis on my recent SHORT analysis about LTCUSD.
As you can see in the chart it reached exactly my SHORT target at 97.602, there is also a second target at 83.270 which...
*** This article is not for sell or buy. If you liked this idea, please, 'Thumbs up', 'Follow', 'Comment'~^^
If you look at the title, main chart, and secondary chart, you can easily understand. Therefore, the explanation is omitted.
 13.11 ~ 17.12 (about 1470d) >> 0.85% >>  17.12 ~ 21.05 (about...
As we have seen that the price is stuck at the same price as it dumps last time. Now there is still a chance the price can be drop. Because we have recently interview with most professional experts in the blockchain. Alaa Mekki from Matrix-Coin. They said that the price is stuck on the same history as it was happened last year from 6000 USD to 5000 USD for a...
Bitcoin is a valuable property. In future we need this kind of exchange mediums. So long-term trend still positive but its price is closely related to business cycles. This is for it being as an exchange medium. In trade war situation, more secure commodities like gold are more interesting and exchange medium ones are not.
Technically, below 9575$ and 8850$ strong...
If you look at bitcoin price moving during the last month, you will find it easy to recognize that the trending is a rising trend matching Wyckoff pattern. There are 3 phases included in this market trend: drop, callback(not back blending sorry :)), and second verification, and also you can see during the second verification the volume is not extending but...
Again Bitcoin is in the choppy zone as it's just risky to open a long or short at the movement
Triangle pattern breakout could give us a better idea of the next movement
The above resistance is quite strong and on the top failed to break out the level of 10,200$ multiple time
On the Flipside, it tested 9500$-9600$ mark multiple time
I would prefer to wait...
DISCLAIMER :- This is not a financial advice.
Buy MCOBTC right now,
Place stop loss at 0.0000359
and take profit at 0.0000489
or at whichever price you like. :)
Remember, always risk 1% of your capital.
If you have any questions/doubts, feel free to comment below.
Happy Trading. :)
Bitcoin is in the midst of a developing trading range. Despite what many hope to be the start of a strong bull rally - it is necessary to view what is happening, without biases, hopes and desires.
In my last analysis post of bitcoin I talked about bull profit taking. Last week the bears created a strong bear bar and sell setup for a failed bull breakout and...
Comparison of a same bubble structure between the Silver bubble and the total market cap of crypto (exl. Btc)
If alts don't produce a higher high around here, then new lows are to be expected, with a slow and long decling of several years.
Of course maybe a few alt coins will probably survive this pattern and will show a more bullish pattern than shitcoins and...
Total alts cap broke out the ascending channel and looking for discovery below the channel. If we count the wave, then we should be nearing a bottom any time soon. We are sure everyone is surprised why the alts seems to still be in a bear market.
Some alts devs can , we can count a number of projects whose devs don't have money to run the project anymore , some...
bitcoin is starting to show some signs of weakness however its not over yet based on its history we can expect a sharp rally towards 11800 if that area holds than we have more upside to come however, if it is unable to close above that level over the weekend than my bets are on the down side towards 9000 area in the short term.
CROUSDT is at a good technical point.
It's the first time since it's been on Coinbase, it has reached overbought levels (RSI(10) over 70)
I would assume this technical trend is especially important for cryptocurrencies.