Hey, fam, welcome on another analysis for the day. In fact, it's not much of an analysis, but rather a conspiracy theory. Looking at the Bitcoin chart, we can clearly see that the market is bearish, or should I say dinosauirish for the moment. As it can be inferred from the chart, the price is forming another Stegosaurus reversal pattern. The last time a...
Market in the last 24hrs
XRPUSD seeing sideways momentum after dropping 0.2$ in the last weeks. The big drop can also be supported by a large trading volume. Trading volume was very high in the last 24 hours.
Today’s Trend analysis
The price is expected to follow the current consolidated movement till the price reaches the middle Bollinger Band.
A quick update on $BTC prices and direction.
Currently still looking very bearish, prices failed to break the top red order block acting as resistance and also rejected the grey order block sitting in the same zone as resistance.
Price have made a move lower and currently testing the next grey order block as support, refer to the grey zone below...
A quick update on $ETH price movement.
We spoke about the sell off on our last $ETH post and prices have fallen into the larger grey order block at the bottom of the chart and has acted as first point of support. Prices are still showing no signs of turning bullish as there is not enough buy volume entering the market. The sentiment as it stands is...
I'm back from a much needed break over the past 7+ days.
No charts, no trading, no tradingview, no twitter.
I was planning on not returning until October 1st but the price action is too juicy and had to get back into it.
We seen Capitulation, then manipulation, and now we should see a squeeze to trap panic sellers using leverage.
$46,700 is an...
Dear Traders/ followers,
Here is AppY Crypto aigain,
Now since we have seen the correctional phase of wave 1-2, it is time to build up some long positions into the 3e cycle wave,
This wave is considered as the most explosive waves and therefore I have on the medium and long term a very bullish mindset. However, keep the fundamentals in mind.
If global economy...
According to the technical analysis is above, I expect one last dump to around 40k, a small pull-back around 60k, and then heading up towards 100k and 150k-300k target area with the most probable single PT around 250k by the end of the year.
Looking at the Cardano (ADA) 4hr chart you will see we broke out to the downside, but have not yet reached the target level of $1.64 (This could still play out with a further downward move), however we have strong support at the $2.00 level, which for now is holding up, having been retested it twice (20th Sep and 21st Sep). Currently the price sits at $2.15 with a...
The graph shows our bullish areas represented by green areas where we must look for trend reversal patterns. Each buy position I will enter long securing the position with the aim of maintaining up to approximate minimum ranges of 55,000.
Analysis carried out on a daily basis for SWING operations, inside you can make scalpilg perfectly.
Bitcoin is characterized...
Are you scared?
today I'm gonna talk about OMG Net. OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum...
The potential for formation of a large triangle 244% like in my publication on June 28, 2019 at the price of 11347.08 and from it a reversal-correction to the zone 5307.19 (squeezes are an accident, not a plan), then from this zone a reversal and exit to break through the triangle 10666.
Notice that the price is now in that one target zone that I indicated 2...
So we got the much anticipated sell off that we spoke about on our last post. Price fell and broke through the order blocks acting as support perfectly.
As this has been a large sell off we will want to see a strong rejection of support, giving us a large wick and good amount of buy volume compared to the average overall volume.
The grey zones are...
BTC is starting to look weak.
As I explained yesterday, I am expecting BTC to dip to 39k in the next two weeks. However, I was expecting one last push at 51 before dropping. Nevertheless, BTC has accelerated down, invalidating the bullish flag and breaking the 50 MA, which was support for the previous two months. If the daily candle closes below the 45700 (50MA),...