Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018. Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 49.04% PROFIT!!! The increase in price may also be explained by positive developments including: April 27: ...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018. Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 35.13% PROFIT!!! The increase in price may also be explained by positive developments including: April...
ETH has a couple spikes in bear volume the last couple days that have hindered the bulls a bit. ETH has a bit more work to do to be as close to daily continuation as BTC is. The ETHBTC chart is getting extremely tight with 3 daily inside bars. Watch this chart for the break. Bulls need to see continuation today, and the ETH chart is much more split than BTC...
BTC is on the verge of breaking to a daily higher high on the bounce if the bulls can see a push this morning. If we reject from here the daily will form a lower high and we will see a tightening pattern within the highlighted support and resistance lines. Important for the bulls to show up or we could stay in this range into tomorrow. Healthy consolidation...
Nexus has been on a good rin and finally broke through the 20, 50 and 200 period moving averages. The 20 and 50 periods are still below the 200 though but a cross of the 20 day may happen. I have been waiting for a correction to look for possible entry and we may have it soon. Right now we have a large momentum drop and a lot of selling going on which is normal...
I have hopes for Emercoin and we saw a positive breakout back into the bull area, but alas we broke the trend line and the channel only to find resistance against the 200 period moving average. Until this happens, I do not see a valid entry here though I continue to bide my time. Volume again is too low for there to be a break though that can always change. ...
DGB is showing some signs of life here and I have my eye on this coin for investment. We have the current candle sitting on both the 20 period and 50 period moving averages with a possibility of a crossover if price continues to climb which is a good bullish signal. We are still well above the 200 period moving average so these are all nice bullish signals for...
BTC is on a slow pace but we have some good signs coming out of her today. We broke a trend and have a candle above the 20 period moving average which is a good sign. For the trend to really be confirmed, we need to see tomorrows candle close above the 20 period moving average and maybe even see a drop and retest it as support. $7870 is the next line of...
Analysis of BTC on the Daily Chart. - BTC has been trading between $7-$8k for a good bit now. This is a sign of accumulation. - Volume has been decreasing (part of accumulating) so I expect some major moves in about a month or so. - The 10 EMA is catching up to those green candles which is a good sign. Once the 30 catches up and supports it that usually means BTC...
Here's the long set-up, The trend- line break should get noticed pretty soon. Target 1: $200 Target 2: $225 SL: $145
I believe that the WXY Correction is about to be complete. The Y is currently forming and on several degrees of wave analysis, it is likely that the asymmetrical triangle will lead to a breakout of a larger third wave, which coincides with the coiling of the MACD (which should happen in about 1-3 months). The steady uptrend seems to have formed a nice X, but I...
hey traders, as you can see we didn't manage to blast off the resistance which tells us bulls are not strong enough to take control hence the bears still in control, I saw so many bearish signs which I will be explaining: - Head and shoulders, which is a very bearish pattern which indicates reversal from bullish-to-bearish. - The volume still descending, which is...
The price for the third time reached a strong level of support and rebounded, the volumes are weak, so it's too early to talk about growth. If you bought $110-120, the first target for sale is to place it in the $140 area and see how the price will react to the trend resistance line, put the stop for $115, if it falls down, you can go out without loss or a...
Note the low of this consolidation does not HAVE to hold, that would just be ideal for bulls. Keep an eye on the ETHBTC chart as we are looking for some more short term clarity on who the leader is. There have been two instances in the last 24 hours where ETH has shown bulls to be a bit more explosive than BTC. Patient traders are waiting for more clarity on...
Currently watching healthy consolidation after the bull break yesterday morning. The 4 hour time frame is the most clear for watching this set up in my opinion. Bulls are within striking distance of the daily resistance to break for continuation and higher highs. If we break the low of this current consolidation, it will just prolong the amount of time in the 4...
Hi my friends, btc looks very good nowadays. There is a lot of good news in the market aslo ;) And those choices are bullish or bearish? Im bullish short term here now, i think we will reach 8500\8700 then we need to see how the market reacts again on the big resistance. If we break that wall, im bullish as f*** I see big resistance is 8500 \ 8700 I see two...
Here is a longer term perspective on Ethereum. The market has had a minor decline along with the bitcoin market after it got rejected by 0.382 fib level. It’s essential that the price breaks above it to give us bullish confirmation. If it’s not able to break upwards from the 0.382 fib level, it’s likely to test support zone at $500.00 - $530.00 and move lower. In...