Cryptocurrency

It's just a Sell

We had a bull move that was quickly smashed down by the bears, proving that without extreme oversold conditions, or a change in the daily/weekly trend, the bulls have little going for them. Make rules and stick to them "I will not trade crypto bullish until the daily trend changes in their favor" and Stick to it! Personally I believe this market right now is ...

XRPBTC XRP in the triangle, that looks like for continuing to growth in nearest future, but all market is falling now, trend - downward. Divergence between RSI indicator and real price move lead to decline price. Look at this. Short from resistances, it's position trading, not bad strategy for now.

When was still April I set this bearish target of 5.2K you can see below on related ideas "Battle for 7.8K" and market make lots of swings and finally hit it and break it down immediately so I need to get back to the broader picture with circles coming from the ATH so after many many harmonics getting broken we can figure out where is this rabbit hole ...

This is a follow up from Analysis dated back to Feb 15, on related ideas, where I predicted an year long bear wave 4 with btc going down as low as 3.0K !! On this follow up I would not trash the 3.0K but will put a new perspective into place using a projection of what happened back in 2015 to current scenario. The 2015 crash ended after hitting the circle fib 1.0 ...

The bear break of the weekly pattern has magnified into a significant crash the last few days as we free fall through zones with a lack of support. The bears have complete control and RSI levels are meaningless. Bulls looking to buy need to wait for trend changes on the hourly which we have not seen in the last 2 days. Remember... IT CAN ALWAYS GO LOWER. Burn ...

Traders, Here we have BTCUSD on daily chart. As we can see, there are too many pattern on this chart. All of them were true to reverse the price "Harmonic pattern with double top and three H&S: 2 were bearish and one bullish. We have a bearish one right now. With a target 3350$ and from there we will update. Kindly check related ideas and support with like ...

Unsurprisingly (though disappointingly), we're witnessing a great Black Friday sale for cryptos. The question we should be asking is how low this can go and where it will stop. I personally think $140 can be a support. If broken, $100. Under that we have $50. At the same time, good entry points may be coming soon early next year.

TP = 75.792 hit as the price broke the previous 1W support aggressively (STOCHRSI = 0.000, Williams = -96.586, CCI = -263.5802). 1W indicates the MA200 = 62.982 as the buy spot but technically we put the demand zone within 54.850 - 64.104, just a plain range around the the 1M MA50 = 57.483. Our next and final TP for Monero's bear cycle is still 64.104, which will ...

Here is the chance to buy 5k BTC during EXTREME oversold conditions (daily and 4H), I believe this is a good opportunity to get long for the 6k floor re-test. We are in the channel support - taken to the closes, as well as very close to the 23.6 support level. I believe we will rally back towards 6k by the end of the year. Best time to buy? when blood is on the ...

Hello guys, I'm here again to show my idea over the chart BTCUSD. Today I saw in social media how much people got desperate about the crypto market and the bloodbath of today and last week, I even saw people that lost a lot of money glambing instead of trading The reason of this feeling is the lack of knowledge and the unprepared psychological to lead with ...

Hey guys, This is part 2 of our Ethereum trade thread. Part 1 can be found here: https://www.tradingview.com/chart/ETHUSD/ISZJsyzx-ETHUSD-20-Cyclical-Trade/ Looking at the chart we can see that the selloff will likely continue as we trade down and within a significant falling wedge. While this is a reversal pattern, in general cryptocurrencies fully complete ...

The coin eventually broke the 13.55 1W Support hitting that medium term target and is now close to our 8.78. 1W eventually developed a Channel Down (RSI = 31.809, MACD = -12.044, Highs/Lows = -6.4159, B/BP = -12.9319), which despite being oversold can even extend to a 3.80 Lower Low as part of the bearish cycle completion. We will update near the end of the year ...

TP = 126.55095 & 100.21 in extension have been hit as the 1W Channel Down (RSI = 32.823, MACD = -79.360, Highs/Lows = -47.2926, B/BP = -89.0185) eventually broke Augusts 127.00 bottom and is now making an attempt for 69.914 (the monthly SMA100 is 70.58). We believe that the demand zone is located between 20.000 - 70.000. We are near the end of our multi-month ...

Amid another harsh cryptocurrency sell-off today, Bitcoin (BTC) is down roughly 20.02% month-to-date while Ripple (XRP) is up 5.48% month-to-date. After XRP flipped Ethereum (ETH) last week to become the second-largest cryptocurrency by market capitalization, speculation is beginning to build surrounding whether or not it will do the same to BTC in 2019. We ...

XRP continues to remain resilient on this heavy selling Monday EMAs continue to remain flat with a slight upward bias showing that bulls are putting up a strong fight We are pulling back into this demand zone right now, which has been a place where bulls have been playing defense and if they want this run to continue they will need to once again hold price ...

Hey guys, This is part 2 of our Bitcoin trade thread. Part 1 can be found here: https://www.tradingview.com/chart/BTCUSD/aDe7xLTH-BTCUSD-40-Cyclical-Short-Trade-Last-Leg-of-BTC-Bear-Market/ While Bitcoin has found ground for now, fortunately for the bears the market is so tense that any cracks will be easy to exploit. The trend is in our favour and we are ...

As you can see there is huge technical support at the current price. The EMA (144), the Trend line, and the daily support pivots. If next week's candle doesn't confirm the new lower trend , then we should be seeing some huge gains very soon.