A little late with publishing this TA but is still fully ongoing
It seems that most expected an immediate bounce after the Consensus Summit 2018 but this didn't happen, e
From a fundamental stanpoint there are mostly good news but we lack volume and big investors
Some hours ago price broke a daily support @8240, entered in a bearish scenario and confirming the...
Now we can see that IOTA just fighting on 200EMA... If the price will go below the 200 EMA we can see support right under the EMA on 1.5$ region.
I personally believe, that BTC will go lower and take Alts with him. So We can see IOTA around 1.3 - 1.1 where are strong supports.
At the moment ARK is powerful in technical analysis and also fundamentally strong coin!
Ark maid breakout from resistance and now it makes a healthy correction (This is also due to BTC decline)
Many criteria's is on the same place and ready to GO!
Good Luck!
This is the bounce we are most waiting for.
I see many bull divergence from some of time frames such as 30 min, 1hour and 4 hour.
In addition, i see that we will break this falling wedge.
The bull scenario:
The thing is, we need to close above the red line 50-MA (recent support) around 8300 for daily candle today.
If it happens, we will see a tweezer bottom, and...
BUY ZONE #1 = .00003075 - .00003110
BUY ZONE #2 = .00003219 - .00003264
TARGET #1 = .00003200 - .00003238
TARGET #2 = .00003310 - .00003346
TARGET #3 = .00003468 - .00003504
STOP-LOSS = .00002960
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
Lot of people are still bullish about NY Consensus conference, because of the last years. I Think BTC need to see once again bottom to go finally UP. (bullrun in 1st week of june)
We are perfectly retest 200EMA couple of times and go lower. Today 8 EMA crossed 200EMA and once we break 8200 zone, we will go 7800 zone. After that it will be really easy go trought...
Fractalization. IF and IF we follow this fractal this what gonna happen.
We may have some last consensus manipulation and get to retest 88ish again and maybe a little over it, as our recent bear flag allows us to lift next time more than 88.
This will load up some extra longs to fuel our next downward movement.
Which will give us some fuel to finish bear flag...
The new candle on 1 day chart had just formed as we just close the day per UTC.
The new candle is bearish engulfing candle that embody 2 previous candles and it just makes the pattern looks like three falling pattern.
As we see, the pullback as the over sold on 4hour has make a channel that ready to break down.
The channel on 1D chart formed from 50 MA and 100...
Pretty self-explanatory chart. However if you still need breakdown, here you go!
No sign of reversal here. I expect it to either continue on its current bullish trend, or breakout to new and unexplored highs. RSI is overbought. MACD is showing a bearish divergence (but well within the confines of what's normal). Current retracement will hit bottom of channel...
Hey fellow traders,
While trying to make sense of the bitcoin movements of the past weeks, I find that the fib retracement levels from last years latest bullrun still control much of the movements. Pretty much every high, every low and every sideways movement of the past few months is connected to a fib retracement level of this bullrun.
Our latest struggle has...
Tenkensen and kejinsun are both under price action creating a tk crossover in a bullish move up all indicators are aligned saying the bull run is about to start as the bulls and the bears take the battle inside the cloud with the bulls having a strong push up Tline and K line both pointing in an angle up as both are tight together under price action if our first...
Hi 14-16.May is big event Consensus 2018, today few coins, which have some talk on this events go up fast, so in wednesday is there few coins with big potential for grow up.
Waves last months grow up from 54000sat to 76000sat, now is possible another big impulse in Consensus.
Ichimoku confirm big uptrend, break cloud, and conversion line and based line turn...
BTC continues to go as planned. We are creating an equilibrium pattern currently, expecting some volume to flow in and to see a break out here shortly. Continue to move your stop losses up as the price moves up. DON'T get caught holding the bag, because when we drop, we are going to drop fast!
Hope to see you on the moon
Disclaimer: I am not a financial...
