These are the Fibonacci retracements I am watching for BTCUSD today :
Current intraday trend likely UP
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (38690)
TP could be @ Fibo level 0 (37169)
Again these are just EXAMPLES ; these are the simpliest way to...
Recent events sending Dogecoin to increase by 400%, with a combination of 4/20 and pure demand.
Elon musk is obviously doing his bit to quite literally put DOGECOIN TO THE MOON and is a big contributor towards the rises, and market volatility.
We must also take into consideration the HUGE amount of DOGECOIN that is store by apparently GameStop. Regardless of who...
Greetings fellow traders!
First time TA on Decentraland! I'm a gamer myself. So, this is one of my favorite crypto projects. Obviously I'm bullish. ^_^.
Technically speaking we're seeing a pretty big symmetrical triangle on the 1H chart. Looks like EMI 1 is signaling a bullish reversal or confirming a support. If it does, it will confirm the bullish pennant....
40K for BTC. Huge milestone. 1 trillion market cap for the whole of cryptocurreny as of yesterday.
But where next?
If this 4HR closes green it forms a nice hammer, keeping bullish momentum with almost a 2K wick at the bottom.
As a result I belive that would be the end of the bearish divergence leg down
However, if we get a 4HR crossdown on the MACD be cautious as...
EOS has strongly bounced back after an unexpected sharp fall. We can ti continue the uptrend.
I'm bullish on the EOS . Enter Long on EOS only after it breaks the resistance line.
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We finally got our 12h sell signal but the daily looks like it can go for one more poke up. I am scalp short with the intention that the daily will try to send us to 11.2-11.4s. Waiting patiently for our 12h RSx oscillator to cross down.
Stay tuned to see if we get a second 12h sell signal which will stamp the structure & send us down to low 10.4s
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those who followed the moon saw a new all time high and are up 170% so far with support from a buy3. No sell signals yet suggests continued upward momentum but we could soon see a retest.
no one can really see the future that's why we analyze the past using mathematical patterns to give us an idea of whats to come. Don't have the time to watch charts all day? let...
Here's a long-overdue update on the long term ETH/BTC chart. Many months ago, I speculated that we could be seeing a similar bottoming period play out to what happened in 2016 between Ethereum and Bitcoin. This would then ultimately lead to a new all-time-high for the ratio. Unfortunately, that idea failed to play out and ETH headed to some new yearly lows against...
A Bloomberg report, breaking down information from 13 top exchanges, shows that inside a very limited ability to focus time, Bitcoin (BTC) prospects exchanging volume has developed to about half of spot exchanging volume. This is an indication of a developing resource class. The successful activity of the fates market may furnish controllers with the certainty...
FTM/BTC has been building some good bullish momentum lately after completing this Adam and Eve we have detected, as well as a clean breakout of this parallel channel , we can anticipate price to keep rising for the short/mid-term ; our MACD gave yet again another bullish pulse today signifying that this run may have just started ... Remember to Progressively...
Ladies and gentlemen! We are currently at a potentially lower risk entry for $ALGO! We are showing Bullish Divergence with Down Sloping Consolidation after an Impulse up and you just so happen to be at the PCZ of the Bullish Cypher! Refer to Update 2 on the Bullish Cypher pattern for potential areas of price reversal! You really don't want to drop under 524 sats...
The technicals are telling me to go short, the fundamentals (LTC Halving) are telling me to go long. So... Pick your poison.
If you are conservative then you would want to wait and see where price is going. We have a strong rejection of the down-trending trendline and if this move continues, consider a short. But if the price breaks and closes above the red...