I tried to make a good reflection of the whole cryptomarket. I only could do this with coins that been trading for more than a year. Otherwise the chart did not work. So I made a chart with the following coins:
BTC, ETH, XRP, LTC, DASH, NEO, MONERO, XEM
If people also wanna chart on this chart use the following...
My last BTC analysis was pretty great, we found a bounce from $3,390 and we almost have touched the first target which was the $3,500.
Currently, I can say that the BTC price probably goes higher from here (at $3,400) and it will achieve the first target $3,500.
Altcoins are on the good shape and they react nicely with this BTC current small movement...
As I mentioned on my previous post: "Bearish confirmation: Here is enough if we get a 1H candle close below $3,500", it was enough and now the price has touched the first bearish target area which was $3,350.
I made a bit longer pause between my BTC analysis because there was not much to say and not much where to start to make a technical analysis. Now...
NEO coin is setting itself up for another southward movement!!
BITFINEX:NEOUSD is down by more than 96% over the past 12 months!!. NEO has been rejected by the 7.90 level and If it drops below the 200 MVA, we are looking for another significant drop to the @5.5 level, thats another 27% wow!
From my experience stay on...
History tends to repeat itself and bitcoin has done this before more than once, the last time it had a similar drop in value and had a period of several months before a steady rise. Looking at the weekly chart I believe that bitcoin has bottomed out at $3000 and will be range bound up to $5000 dollars (roughly) for several months before rising up to the $6000...
There might be good RR, but needs to keep an eye for levels.
I am going to wait to go to the Demand Zone and then I will buy long. My target would be 1. & 2.
I do mostly wait for double confirmation. If not double confirmation, then I would just target lover RR. Because usually goes back to test it.
Good luck :-)
The area between the $3,500 and $3,700 looks like almost the same as it was the area between $6,000-$6,500, a lot of fake movements up/down and Bart moves here and there. As it was then and as it is now, my recommendation is still - stay away from the market(!) but still, let's try guessing some possible moves and some possible movement confirmations...
Got a lot new followers the\ past month and lot of people thanking me for my calls! That's awesome and I would like to thank you for liking and following my trades.
Before beginning my analysis, I would like to state that the following is my opinion, one that I will trade. This is a very high risk trade since BTC is in a "no-trade" area. However, I am deciding to...
*DISCLAIMER* - This post is just for fun. The scenario I am going to lay out in the following write up may or may not come to be true. If it does, I am not a financial guru. If it doesn't... I am, definitely not a financial guru. Layman's language will be used to address as wide an audience as possible, please to do not take...
After active growth, which began on December 17th, sellers started correction. Correction began sharply after attempts by customers to update the high:
The fall looks pretty strong. Look at what small rebounds buyers can do during this fall:
When the narrow consolidation over the price...
After the last wave of the fall, which began on November 6, sellers could not reach $ 0.28. I wrote about this price more than once in my ideas. Throughout last week, the beautiful growth lasted and buyers have tested the global trend line of this coin, which can not be broken through for a year. Pay attention to what volumes buyers have come to this trend line...
Market update for Bitcoin:
Sentiment is still very bearish and people are expecting lower levels according to our sentimental analysis.
When there is a huge amount of shorts open (36700.13 BTC at time of writing) and the chart is showing a bullish signs such as bullish divergence then there's always a higher chance for the market to move upwards than continue...
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.
not prediction of waving in the comming weeks and months. With global signs of ending of boom, after QE made by FED, BOJ and ECB, and start the phasis of QT, cryptosphere is set on phasis of slow accumulation after bubble bursting. This phasis shloud take some time (year or two), the longer the better the next one bubble will be formed (in 2021/22). Year 2017 was...
Im buying VIBE here.
VIBE have found support on the 50 and 100 days ema. I think it will try another move up, possible 40 - 90 % gains on this trade if it plays out.
See chart for targets and stoploss!
-We are a Community who help each other as good as possible, but especially the most recent ones who need to learn from someone who has already...
Hey guys whats up! Here's a very big opportunity to buy BTCUSD and stay for long.It was under correction since the beginning of these year. Now it's the right time to Long it and be patient..I am expecting that BTC would reach 1 million by 2022. You will regret if you miss it, So don't miss it. Good Luck.
Digibyte has been moving inside the yellow triangle for more than one moment and now it is waiting for BTC move before breaking upward or downward.
Risky trader can buy now but with a close stop loss.
RSI curving up.
Let's see if it will moon or dump to previous strong support 0.00000324.