BTC Finaly has reached the top resistance of the Symmetrical Triangle created from yesterday's rally up. The 4H is Overbought with Divergences showing on the Hourly + lower time frames. As previously stated before, the StochRSI for the daily looks like it needs to hit the bottom before we fully launch up for our next rally to 11K, with that being said it looks...
Hi everyone, so here is a DASH analysis for crypto traders First of all, we've the blue line that is the downtrend from daily chart, this is a hard resistance that DASH have to the next few days As we know, BTC push the another altcoins, and BTC is on a bull movment, so this make me feel excited to the altcoins, so let's talk about DASH an triangle has ben...
Cup and handle pattern could mean bullish continuation. Measured move up provided. Approach 1: Buy the breakout if volume is convincing. Would not recommend to traders not actively monitoring. Approach 2: Buy the retest of neckline (see green line path as an example). Not financial advice. Education and entertainment, only.
After the successful long trade, NEO has potential to establish a mid term bullish trend if able to hold pink/blue zone. If the trend is to break, I would suggest longer term accumulation purchases in the green zone. Not financial advice. Entertainment and education only.
Daily Looking at our highest timeframe we see price has broke and tested our ascending triangle as support. Stochastic RSI showing momentum is bullish. A daily close above $9,700 activates our trade. 4Hour Shifting over to our pattern timeframe we see price is having trouble breaking through our $9,700 zone. A 4hour close above this level activates our...
Turquoise (light blue) shaded areas in my chart are formed whenever you get a consecutive day with either green or red vertical bars in my MACD. A green vertical is formed when you get a green candlestick but MACD bar drops. A red vertical is formed when you get a red candlestick and MACD bar rises. This has only happened six times this year. Each time except one...
ICXETH shows good pinbar after touching support at 0.0052 level. Profit targets can be 0.007 (70% of position) and 0.009 levels (20-30% of position)
It seems like we need a little pullback. If you still didn't take any profit, now it's good time to do so. After price will reach 0.00010-0.00011 level, we can discuss new entry points.
Looking at our pattern timeframe we see price has formed a triple top @ 0.00001800 Price is retracing towards our support level 0.00001450, however there is no signs we will hold at this level. Expecting a drop towards 0.00001360, confirming our uptrend. Stochastic RSI showing momentum is bearish.
Our "Crypto Scalper" Trade Indicator has correctly identified a buy in point on the 3rd of May 2018. Using this buy in point and selling at today's price, you would have expected to net 43.01% PROFIT!!! IN 24 HOURS. The increase in price may also be explained by positive developments including: April 3: Loom Network SDK Alpha release April 5: Loom...
VEN (VeChain) has a very strong chart showing. Recently it broke the Symmetrical Triangle towards bullishness and is now challenging the local 'Double-Top' resistance. If it breaks this, which seems likely, then we should see a rally up to the next resistance levels where it could retrace and find support on the current channel's resistance (turned support). Once...
After bulls led BTC breaking the daily lower highs yesterday, they stalled out and were unable to keep the advantage. We have not broken the top of the daily bull move yet, which ETH broke 10% ago and BTC broke last night. I personally have not looked back at LTC after my initial trade, and will continue to stick with lead bull ETH for that reason. The moves in...
ETH bulls continue to stair step higher just riding the higher lows on the hourly for days. Using this trend as your guide and moving up stop losses would still have a bull in this profitable trade. This kind of move looks like it will be a climax that indicates the top. A big bull volume move that has us thinking "who is still buying up here" before a complete...
BTC had a very quick pullback on high bear volume dropping a few hundred $$ which was a sign the high of the day was likely in. Fortunately for bulls it has been healthy consolidation since then as we watch the tightening hourly range. Bulls will be looking for continuation towards $10k today but if we lose the hourly higher lows highlighted we will look for 4...
Broke Triangle Respecting Trend Line T/K nearing a Bullish Cross
Have updated daily chart. As previously posted the grey triangle area is set within important diagonal trend lines (especialy so if they begin with a fractal top or bottom). I'm now using the fractal low of $8,652.2 and $8,818 to construct a diagonal trend line on the basis that the market today May2 wont break below . A break below this trend line if set-up...
ICOs to be evaluated on Monday May 7th. Any decision the SEC makes will be critical in determining the future of bitcoin and other cryptocurrencies. The printed fractals are both from 2013. The RED means we're in the April bubble. the BLUE means we're in the November bubble. I'm bearish @ 13-14K until proven otherwise. Stay neutral until we determine sentiment...
Daily Looking over at our highest timeframe we see price has recently formed a double bottom inside our major support zone @ 0.0010000. Price has broke our resistance @ 0.0014000 and tested for support. Currently testing our resistance @ 0.0018000, waiting for higher low to form. 4Hour Shifting over to our pattern timeframe we see price has formed a double...