The unstable situation in the cryptocurrency market , a sharp change in investor sentiment and fear of the continuation of a total fall in prices motivated us to update our global forecast for the Vechain coin . We remember that in a completely opposite situation on the market, when everyone believed exclusively in the continuation of the cryptocurrency market...
It is indeed an important development as not only did it break above this key MA for the first time since May 12, but Bitcoin is also at the highest price level it's been since May 26. What I am interested at on this idea is to know which pattern you think the price will follow (since the Channel Down displayed in dashed lines was invalidated with this break-out)...
vechain challenging the 1.618 fib channel level
not easy to find assets performing like this.
ask your financial advisor about vechain to see if it is right for you
some people who trade vechain have experienced euphoria, depresssion, denial, shock and anxiety.
trading vechain is not for everyone
the combination of the 350 MA low and the 18 MA low is a favorite of mine
a perfect test of the 350
a great place to pick off weak hands
18 MA is well above now and curling back up
lets see how well this chart ages
not financial advice
xrp resting up here in the spa of bullish divergence
as long as the 100 MA high/low channel holds I am bullish
of course the exchanges are going to have to liquidate all the leveraged longs before moving up so expecting some sort of wick down before starting a new leg up
lots of bearishness out there - something is in the air
*** Continuation on previous post ***
Keeping it short and direct to the point, crypto is known for symmetric triangles or triangles in gerneral.
And just like BTC, we have 1 piece of the puzzle, a bullish wedge or a cradle setup for an up-break as I write this.
ETHUSD 6H Chart is looking great, in my OPINION. Nicely touched my previous resistance from July/August as well as a perfect bounce off the 50 simple. Stoch has cooled off and just started to turn upwards, OBV is showing that the volume is flowing into the up moves and flattening out for the down moves, buyers may be wearing out the shorts. Now approaching an...
Bitcoin is still in a weekly downtrend consolidating at major support at the 55 EMA. Consolidating on major supports makes the support more likely to breakdown. We have rejected from the yellow 21 EMA, and the 21 EMA and red 10 SMA have downward slopes, indicating more sell pressure down. Trade below last week's low at 7765 and we will most likely begin the next...
Enjin has a profitable gap between now and 730 - almost with zero resistance in between. That may bring 15-21% profit. Near breakout now, but overbought at lower timeframes, so either jump on the leaving train with small amount, or wait for pullback.
Bullish entry 625-628
Pullback zone 610-620
Main target ...
As you can see BTC is ranging in an uptrend channel on H4 time-frame.
We have a HID BEARISH DIV but we still have room to touch the upper trend line of this channel .
long TP: 5.5k to 5.6 k
short TP: 5.2k to 5.1k (after touching the previous swing high)
After an unsuccessful attempt by sellers to break through the $ 3800, the rollback began after the fall. There were quite good volumes, and after the break of $ 4080-4130 $, the prospect of a reversal appeared. In my previous idea , I was waiting for a rollback of 4700-4750 $, but the price did not reach this price zone and stopped at a level of 0.618 from the...
I've been watching BCHSV which resulted from the BCH fork that occurred a few weeks ago. Here are a few thoughts:
Fundamentally I think exchanges and significant market stakeholders are betting on the ABC version of the fork - BCHABC - which indicates to me that BCHSV will likely undergo and remain heavily discounted, or at least experience heavy...
This is a post so I could do a self evaluation of my trades. I'm a long term bitcoin bull but trading this as a bear market. Overall, I have done extremely well but want to look for areas of improvement while also providing information that is educational to new traders. Links to these updates here:
Nov 20 - Bitcoin...
Hi TradingView Family :)
Been quiet here since the market has been slow, which is a saving grace and allows me to focus on my personal life + business ventures. Here is my TA for TRX. NOTE: I am on a 1-2 months hold for this coin and I expect it to be my biggest payout in crypto yet.
We finally hit the middle point of the cup & handle that I see forming. We...