You can't be confident with your forecasts on 100%.
That’s why we estimate two scenarios at once. You can be either bullish or bearish. On our chart we show how to act in the worst case scenario and how to act in the best case scenario.
For basis we are using BTCUSD chart from GDAX (Coinbase Exchange).
We have used:
1. support and resistance levels
2....
Upon looking at our 2h candlesticks you can see we have entered a consolidation period. Bears and Bulls can't decide which way to push price. What we are going to look for next is bullish or bearish confirmation, that is, a deviation from the consolidation trend, this confirmation will be the indicator on where price is going to go. (The tall wicks on top and...
I am making it a point to keep a close eye on SegWit activated coins, so as to chart their progress over the course of their technical development. VTC is the newest SegWit-activated coin, with 100% of all nodes signalling support. I am excited to see how atomic cross-chain swaps effect prices, and the overall advancement of the crypto-sphere.
Here we have VTC in...
Many People are In Limbo Right Now in Decred and Have Asked Me to Publish My Idea About It.
I don't know Anything About this Instrument so I Can be Totally Wrong.
Bullish Scenario Signs:
Significant Bullish Engulfing with PullBack Above the Broken Trend Line are Bullish Signs But Needs Daily Close for the Confirmation, if Daily Closes Above the Trend Line it Will...
PINK recently broke out and hit an all-time high market cap of $693k, #154 coinmarketcap.com. (Sorry for all the color on this chart) my target price range is 196-220 sats before it will find the next level of resistance and retrace to find new support. The highlighted area in blue under the target price was the previous breakout range where there was a double...
