The last 48 hours of price action have been pretty much in the range where a correction and an up move are still almost equally possible. We're going up or down... Useful info right? well luckily there's things we can look for even amidst total market confusion to help us reach more accurate conclusions and turn an "up or down" scenario into watching for tactical ...
The whole market made a short pump upwards. This was due to the fact that BTC' bounced upwards from my mentioned level at $6250. BTC' move pulled all the altcoins upwards as well and like I said the whole market got enjoy pretty nice bullish momentums.
From the technical perspective, currently, Bitcoin trades above the major counter trendline which is pulled from ...
Tron is in a very complex symmetrical pattern. There exists 3 differences in price, and 1 difference in time between adjacent waves. This fits within the rules for a symmetrical and also lines up nicely with the end of the more clear symmetrical that has formed on Bitcoin. Because the major trends are usually correlated we've likely found a bottom here and will ...
This is the range I am watching today for short term action on BTC.
The bulls MUST see a break to continue proving themselves as the bears remain comfortable on all longer term time frames.
The 4 hour, daily and weekly are all still forming lower highs.
With a bear break we will continue to erase that little bounce from yesterday, and we will be right back to ...
The last 9 months for the crpyto market has been a brutal place for the bulls and long term hodlers. Ethereum has seen nearly a 89% drop from the top to the recent bottom of $170.
Looking at price action alone, many would say the Ethereum bear run is far from over. However, when taking volume into account, others could say the bottom may be near.
- The Analysis - ...
BTC monthly chart tells me an interesting story: The story of 3's
After the ~$20k high in December we followed it in January with a massive bearish candle with a high for $17.2k to a candle closing at $10.1k even though the low of that month went to $9100. Still this candle closed higher than December's opening. This January candle starts our sequence of candle 1 ...
Bitcoin has had a strong down day today, pretty much hitting consolidation support which is the level which could act as a mini support before hitting the proper support zone below properly. Usually these non official support levels would be disregarded by me but in light of price stopping there, having some compelling reversal candles there before jumping, it ...
Topics spoken about:
15m ascending triangle, broke down
15m hammer yet still can’t get to 6385 wick high and using that bottom range as resistance
1h chart 6380s past support now resistance
Daily barely covers the previous move to the downside
Volume weak on daily
Daily fibs show 6600 still as resistance
Monthly chart looks absolutely brutal. Must close above 6385
This is a possible outcome for a retracement to the 0.61 fibonacci level.
For those who missed the move they could place an order on 0.25 cts of EUR right on former resistance (now support) of the descending wedge.
I bought before, during, and at the end of the move. Will continue to accumulate at 0.25 cts.
XRP price is getting in a bullish zone against US Dollar and Bitcoin pair. XRP/USD could advance above the $0.33 level if buyers remain in control. Price also crossed 100 SMA which gave some more fuel to bullish momentum.
XRP formed low at the $0.25 level, double test it and reversed to the upside. The best thing in reversal was clear close above the $0.30 level. ...
ETCUSD is trading firmly within the 4H Channel Down (RSI = 42.146, MACD = -0.144, Highs/Lows = -0.0604, B/BP = -0.2995) and on its next Lower Low should hit our TP = 9.5050. This will be a Lower Lower for the commanding 1W bearish pattern (RSI = 38.303, oversold on STOCH, STOCHRSI, Williams), so a rebound is expected at 9.000 towards the 0.5000 Fibonacci at ...
Bitcoin is looking very strong technically and fundamentally. Reports on government regulation have been coming in positive and the changing sentiment of media outlets is sparking public interest. This comes at a moment when bitcoin has experience an extended slump from all time highs at the beginning of this year.
Bitcoin is shown to be out-performing the ...
Foreword
Given Monero’s bullish price action as of late, it has received a slew of attention around the crypto community for its stellar performance.
Therefore, we’re going to go ahead and cover the coin again to see what’s happened since we last took a look at it.
Monero Price Analysis
https://www.tradingview.com/x/fqSLKtAt/
The chart above displays the ...
Hello All,
We are currently testing the 50% fib on the 1 HOUR chart and BTC is trying to press a bit higher and to plow through even more fibonacci roadblocks on its way higher. Personally, I dont think BTC will make it that far as volume has no impressed me thus far. Second of all like most of us we have seen this pattern play out over and over again and I'm ...
NEOUSD is on a descending course both on the 4H Channel Down (RSI = 44.300, MACD = -0.258) and the 1W Channel Down (RSI = 36.441, MACD = -11.531). On 1D however it is restrained by a 19.85 Resistance and the 13.55 support, which is slowly approaching. We expect a test (and most likely break-out) in the coming days. TP = 8.78.
Monero is keeping the 4H Channel Down intact (RSI = 43.399, MACD = -0.281, Highs/Lows = -1.4470) after yet another Lower High rejection at 122.70. However the rebound off the 96.555 Lower Low is maintaining a Triangle (blue dotted lines) on 1D (neutral RSI, Williams, CCI, Highs/Lows). If the 100 mark breaks in the next 3 sessions, then the Channel Down will ...
