Quantamize proprietary machine learning algorithms have generated a 3-day "Do Not Own" signal for Ethereum Classic.
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Any updates to this 3-Day forecast will be shared, as signals are re-run daily.
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Price is once again re-testing the top of the descending channel where it has been rejected three times already and the stochastic indicator is also giving a sell signal. As long as price continues to respect the top of this descending channel the btc short bias remains valid. Target is still 5-6k.
Hey Traders,
we've an Intraday setup which is bullish on BTCUSD so Forex/FUTUREs Traders can take an advantage with quick wave,
so, First let us understand how we plotted our Intraday Levels In accordance with our Stoploss and Target
1. L1 Purple Extension is plotted from all time High ($19900) to Recent.Lower low ($6000) - (0.382)
2. L2 Yellow Extension is...
EDO/BTC broke out of a long down channel and made a high of 32k sats. After doing some correction, the price is moving up back again and we can see a short term break out which can continue the upside trend. RSI has turned bullish while MACD is also showing a bullish divergence.
TRADE SETUP
BUYING RANGE : 31K SATS AND BELOW
STOP LOSS : 27K SATS
TARGET : 36K, 42K...
PPT downtrend looks like it is pending a breakout and has also formed a falling wedge, a very BULLISH pattern in crypto.
buying the breakout or local swing high, selling on the way up.
risk: low
stop loss set at hard support (lowest white horizontal line)
falling wedge (wikipedia)
The falling wedge pattern is characterized by a chart pattern which forms when...
Hi Guys.
Here is an updated video of the previous B chart we posted. The price played out as expected and we do not see this as bearish is anyway.
Have a fantastic new years and may 2018 be our best year yet!
Ascending Triangle was broken last night with a big sell-off. Price declined sharply and found support at $8.61, a previous support level.
The Bollinger Band also provided support and price is not trading above the BB Midline, with another tag of the resistance level at $9.71 possible.
If you like this post, please click the Like button, tell your friends, and...
Today, 13 December 2017 OmiseGO marketcap is 1.1 M
Expecting OMG between 8th and 6th on marketcap
this would mean ---> marketcap: 5 - 10 M
price --> 5x to 10x from today
Because of the significant Low on the Volume on the Head and the upcoming retracement Bitcoin will make in my opinion because of the holydays and the CME Futures lunch it is possible.
The following days will show :D
