Hi,
During the downtrend, I have found a SHORT-TERM buy opportunity. I haven't seen this set up on the Bitcoin chart for a while and I would like to share my thoughts with you about that situation.
Short-term bet against the trend.
Just a little intro, as said, we have a downtrend and we can call it even crypt-long-term downtrend because it has been "running"...
Hi,
We might get some trading opportunities because the Bitcoin price has reached the tip of the Triangle. Triangle breakouts have been pretty successful and hopefully, this time it is not an exception.
Luckily this is not just a triangle. Those two trendlines, red and green, are also short- and mid-term counter-trendlines (CTL) which have guided us into the good...
The cryptocurrency market is flashing red again. Specially EOS lost over 3% in the last 24 hours. The digital coin now is fighting to come out of a sideways trading trend below $3.0. At the same time EOS is trading below the 100 SMA and the 50 SMA on the daily chart.
The nearest resistance for EOS/USD is 2.70 area which is critical. This area includes 50, 100...
Hi,
Before the weekend, I would like to quickly point out similarities from last year's movements around this time (end of the year). The last year's dump started in the first half of November, this year's slow grinding downwards started also in the first half of November.
2018 falling found a short-term bottom around 24-25. November
2019 falling has found a...
Hi,
Bitcoin price has collapsed and looks like it may fall even deeper than that.
You have seen those lines before but a quick explanation. Since 2019 June, the price has moved downwards. It has printed clean lower highs and lower lows. Lower lows have been pretty bumpy and sloppy but lower highs have been clean as a whistle. Basically, those two bottom...
#BAT ready for massive accumulation zones, perfect time for looking this coin, sincerely im gonna buy if price reach the trend line, if not my grey zone is perfect for long term investment.
Ethereum is struggling to settle above $148.00, however, with little success so far.
The initial support awaits us at $147.70. It is reinforced by 1-hour 50 SMA and the lower line of 1-hour Bollinger Bands. A clear break here could extend the bearish pressure to the lower line of 4-hour Bollinger Bands at $144.90. Once it is out of the way, the sell-off may...
Ripple’s XRP has crashed below $0.2200 and touched $0.2089 during early Asian hours. The digital coin is down over 2% in recent 24 hours.
Right now the price is floating below the H4 100-day and 50-day SMAs curves. The daily RSI indicator has stays inside the oversold zone, while the MACD indicates increasing bearish momentum, following a period of...
With markets drowning in so much US-China trade news as of late, it’d be remiss of us not to notice Bitcoin’s sizable fall for the last 24 hours. Chinese authorities have raided Binance’s offices in Shanghai and shutting down it. Authorities in China obviously have extended their crackdown on crypto-related activities.
BTC/USD broke 200-day SMA to the downside...
It was a bearish day for the major cryptos on Thursday. But Ethereum is performing fairly well despite the recent heavy losses seen across the broader cryptocurrency market this week. However, continued gains above the $180.00 level are now needed for rally towards $ 190 and to the top at 197.64 of the ETHUSD pair’s short-term trading range.
Looking downside, an...
Litecoin fell by 3.02% on Monday. Following on from a 0.55% slide yesterday, the sixth-largest digital asset has been moving sideways recently. But the bullish trend stays intact as long as the price is above $60.00.
On the intraday level, LTC/USD is seems ready to re-test the lower line of 4-hour Bollinger Bands ($60). A sustainable move below this handle will...
After an increase of approximately 70% ONT now makes a bullish flag with accumulation in the average of the plotted channel. It is sturdy at H4 MA 21 and supported at 50% Fibo traced from the last high to the top. It's worth keeping an eye on the next few hours.
ALT MCAP seems to be in a falling wedge pattern,which is bullish.
Alt season or I would rather say mini Alt season is expected if it successfully breaks out upwards.
for it to breakout upwards , BTC has to consolidate at some point with a significant decrease in BTC dominance.
I was able to find the range that we are stuck in a couple of weeks ago. Let's continue to stay weeks ahead and let's plan for what's next. The way I see it these are the two likely scenarios:
1) If we stay around $8300 and then bounce up to retest the 200MA then we'll possibly go over it and onto the $9500 area (Which is big because that will signal a healthy...
Hi,
I don't even know where to start because I have so much to talk about. The simplest is to start from the beginning, right? :)
This will be quite a long post. A lot of bearishness inside of it because I cannot talk about long-term bullishness before I haven't seen any crucial signs. What are the bullish signs? I'll talk about that at the end of this post.
I...
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There is a high probability that the correction will be completed soon. In the range of 7600-7100 I will make purchases. The possibility of that we will come to the level of 7000$ I told in my previous idea
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