Well, I did not expect such a great downmove since binance listing to be honest.
But there are some things to be discussed:
1. The price is near at the breakout zone before binance listing
2. nevertheless there are a lot of improvements since then such as binance listing itself and the VPN partnership with trustzone
3. fundamentally bcn is a lot undervalued at...
BTC has had a picture perfect bullish consolidation with a pop through the log downtrend resistance.
It's pushed up into a bearish rising pizza slice, I expect it to fall back into the consolidation green box and test the log S/R before making its next move.
We've been in this disgusting descending triangle for the last few candles shown. This is news for all you bears out there, in the short term we're looking at some decline. Candle touched the descending line at the 0.618 fibonacci retracement and was rejected hard, you can see where with the red arrow on top. Stoch RSI is overbought and we're on a decline there as...
With BCH only 31 weeks old we are still dealing with a bull calf, well known for their sudden bursts of energy, high testosterone levels and aggression, after castration normally before 52 weeks these bull calf's (now called a steer) tend to mellow down with the added benefit of reduced aggression due to lower testosterone levels, high muscle pH, higher quality...
Price is trading inside the Cloud in neutral territory. From a Ichimoku
perspective, with slightly higher highs/lows, it may be waiting for a
bullish Cloud twist, before making a real breakout attempt to the
upside. Ofcourse, Bulls may worry that price has moved below the
Weekly pivot point at 122, but we do see the yet untraded Monthly
pivot point at 114.5 which...
Update time !
XZC recently broke below its uptrend line . It looks as if its finding support for the beginning of a new up trend . It could follow the ghost channel , if it does a new uptrend will be confirmed , otherwise it will break down and follow the red arrows , trying to find support on the given line .
I will update as it goes on !
I will not be...
Very simple and plain trade, with clear target and stop loss available.
BUY at current levels with averaging upto 0.00180.
Targets should be 0.002, 0.0021, 0.0023, 0.00243 and possibly 0.00265
Stoploss just below the red horizontal line around 0.00165 area
Happy trading :)
This is an interesting move folks; identifying an ascending broadening wedge pattern has the same chance more or less to continue downward or to breakout and go upward. In my opinion, based on the bigger trend's descending triangle wedge, and the minor descending triangle wedge following it (the fib retracements placed on the graph), my bet would go towards the...
Without a doubt this test above the 7 year downtrend is Gold's best shot yet to breakout and begin a ferocious move that will coincide with the dollar getting crushed like the 1988 Rothschild owned Economist cover where a phenix rises up in the ashes of the burning dollar with a coin around its neck titled 2018. Something is about to happen. We all know that the...