Great news for Bitcoin bulls as the Gaussian Channel has entered into green territory for the first time in 270 days.
During the previous Bull Cycle this event took place in January 2016 and was accompanied by the new bottom ($365), a price Bitcoin never saw again. What followed was a consolidation phase inside a Triangle pattern and on an Ichimoku squeeze a new...
This wedge we're looking at spans over a year, 518 days. Since May 2018, price has been consolidating.
Yellow lines = 4H levels
Red lines = daily levels
Purple line = weekly level
Now in May 2019 we see that aggressive spike up and test of the top of the wedge multiple, multiple times. Actually broke out of the wedge, then moved back in a day later. It dropped...
Weekly Levels = Purple
Monthly Levels = White
XRP moves a bit different than BTC, ETH, LTC, etc.. It is a coin that moves in silence and just when everyone thinks its dead, it has parabolic rises of over 1000% within a month or so.
As you can see here on the Weekly XRP chart, the 1st wedge consolidated from April-Dec in 2017. Roughly 10 months. From there we...
It's pretty clear now that we're at the beginning of the next bull cycle. I drew an uptrend from the bottom of the market on December 15th, and so far its been respected. That hammer candle just nailed it in, 8 months later. (no pun intended)
ETH looks like it will have 3 parabolic waves up to its current ATH. So at the time of writing, ETH looks like its...
We spotted Basic Attention Token (BATBTC) over a month ago. We expected the drop and the jump that is about to follow...
This trade idea is meant as a reminder to all of our great readers, supporters and followers who would like to profits from this pair.
BATBTC will enter strong bullish action soon.
Note: BAT knows how to sustain an uptrend, so once it takes...
The priceline of Contentos (COS) / Bitcoin cryptocurrency has formed BAT pattern and entered in potential reversal zone.
Here we have a consolidation level at 0.00000286 sats.
I have defined the targets using fibonacci sequence accordingly:
Buy between: 0.00000313 to 0.00000295
Sell between: 0.00000346 to 0.00000410
Atif Akbar (moon333)
We have already said a lot during yesterday's session (see chart below), the uptrend may need some consolidation or it could be a real reversal as it happened in the past. With this in mind, we show our idea about impulsive waves, and from a technical point of view we do not exclude a return around wave (IV).
Yesterday we published our bearish setup on the daily...
The wedge we're looking at spans over 400 days starting on August 12th, 2018 and should breakout before September 28th, 2019.
This month, August, we should just see XRP accumulating between 0.30-0.32. The Monthly chart confirms this, you can look at it for yourself.
September is the month our lives will change. At this point, $XRP has accumulated enough to test...
ETHUSD In Weekly Chart Look like and cup and handle pattern
In the domain of technical analysis of market prices, a cup and handle or cup with handle formation is a chart pattern consisting of a drop in the price and a rise back up to the original value, followed a smaller drop and a rise past the previous peak.
If you are looking for trade oppurtunity then...
LTCUSD In Daily Charts we see the ascending triangle pattern.
I think Taking entry now is Bid Risky But there is the best Risk to Reward setup 7% Riska and 27% Reward this is only for the Risk taker
First target at $ 101-second Target at $125.
For Non-Risk-taker wait for Market Break upside of Ascending triangle pattern. Target is $125 After Ascending triangle...
You don't need my indicators to do what I'm doing here. Every indicator on my chart is a derivative of a Bollinger Band.
I've been trading forex and crypto for several years now and would like to share some of my findings. Let me ask an important question. Would you ever expect to have a trading edge using the same strategy, default setting indicators, and...
We had a nice rally but don’t forget we are still in the holiday's mode.
During this time the general interest thus volume is getting smaller.
It happens especially in August when people from the northern hemisphere are on their holidays and they don’t think about crypto but about food, beer and swimming pool.
As we previously claimed we will stay in...
Don't get carried away by the recent price action. XRP is simply copying the pattern of the 2015/ 2016 cycle. Based on that we less than 5 months away from the next mega bullish break out that has first target the previous All Time High.
Keep it simple. It is a cyclical process.