Technical analysis:
. KYBERNETWORK/BITCOIN is in a downtrend bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested...
Looking for a 4 hour lower high and tightening range for the next couple days.
Note ETH pulled back the hardest of the 3 (BTC, ETH, LTC) and therefore has the most ground to make up.
LTC was also hit hard last night but the morning bounce has much more strength than ETH does.
Still work watching for the weekly higher low to form if the bulls can break a...
BTC forming a tightening range on the daily with a higher low trying to form to put us back in a tightening pattern.
Remember the last time the bulls had any conviction with to start April and the bull move started after a daily equilibrium.
Looking for clear break Thursday or Friday. Bulls still have proving to do and the bears have favor in this pattern until...
The price is back again near the 6,000 level after being rejected yesterday on two strong bearish 1H candles (Engulfing, Three Outside Down on Highs/Lows = -33.0071, B/BP = -85.7219). 4H remains within a Triangle pattern (STOCH = 45.730, Williams = -46.245) which breaks id 5,928.28 is crossed. 1D remains a standard Channel Down (RSI = 33.875, MACD = -370.000)...
Hello everyone!
We have a massive triangle on 0x...
Expecting more downside moves to the 0.40000 zone (key level and psychological level)
After: moon ???
0.400000000000000000000000000000000000000000000
Bearish touched lower Bollinger band (20, close, 3) also same fractal pattern LHHL as previous (Williams fractal not shown on chart). Given bearish tone of day chart it looks like bitcoin going to test lows. Also Volume Oscillator signalled a sell (white zone, red, then white) - zones represent three fractal patterns of either HLH or LHL (white zone divergence and...
Closing price of 26th June ended below the open of 25th causing me to review my long position.
It was reason for me to review because on 24th there was a divergence between MACD histogram and the opening and closing price. The close of the 25th was a bullish signal in my opinion (marked with yellow arrow) because it closed outside the open and close of the 24th...
Another simple big picture that bears love. Using weekly chart, and log scale. Note that the last peak which I've used to draw red trend line coincides with around the time of "bonfire of vanities weekend" when Warren, Mulder, and Bill were doing Bitcoin down, and Warren called it "Rat Poison". Bill said he would short it if he could.
NOT ADVICE. ALL STANDARD...
Technical analysis:
. TRON/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone...
Our " Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 24th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 58.71% PROFIT!!!
The increase in price may also be explained by positive developments including:
...
Hi Guys,
In this analysis, I will share my opinion on ETHUSD. This may not be so technical rather I want to explain what I think can happen.
Now, ETHUSD is moving lower very significantly, and many traders think that the "hype" is gone. However, I think there is a pretty good chance, structure wise to revisit the low of 357.87 with a big spike lower, followed by...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 31.84% PROFIT!!!
The increase in price may also be explained by positive developments including:
April...
TP = 7.4356 hit earlier that expected, as the 4H Channel Down (RSI = 40.255, MACD = -0.420, B/BP = -0.3270) declined further. EOSUSD will be now looking for a 1 day consolidation, which will either lead to a 9.3064 Resistance test and rejection or further downside towards out next TP = 5.9782. As long as 1D trades within the well defined bands of its Channel Down...
After bulls slowly faded and consolidated all night in the crypto world, ETH took it a bit harder with a loss of support.
Neither LTC nor BTC lost 4 hour support for comparative weakness the last 18 hours or so.
Bulls will need a clear trend change on the hourly to shift momentum as the bears have full short term control.
Daily EMA 12 resistance will continue to...
BTC continues the pattern where bulls have no momentum for a follow through after a news bump.
We have been slowly consolidating and fading for over 18 hours as the bulls try and establish a 4 hour higher low.
Bulls need to break the hourly lower high pattern to shift momentum back in their favor.
Daily EMA 12 will continue to be key resistance to watch on any...
As expected, Ripple continued its calculated decline within the 1D Channel Down (RSI = 32.626, Highs/Lows = -0.0233, B/BP = -0.0848) as it broke the previous 4H Rectangle. 4H is still neutral (ADX, CCI, Highs/Lows) as it has been consolidating following the hit on a major target (0.46014) and support level. Our TP remains 0.4000. XRPUSD will eventually break the...
TP = 420.31 hit much sooner than expected, as 4H searched the 1D support more aggressively (MACD = -11.200, B/BP = -22.1840) without entering into a Rectangle consolidation. With 1D on highly aggressive Highs/Lows = -24.7820, our next target for ETHUSD is the 357.60 April 01,2018 low. The last TP (under circumstances) is the November 02, 2017 low = 273.77 (will...
Weekly
Looking at our trend timeframe we see price is currently testing our major support level at 30000. Momentum heavily shifted towards the bears. Looking for a weekly reversal at this level, otherwise sitting on my hands until we reach our next major support at 5000 satoshis. Leaning towards the drop before we radically shoot up.
