Bitcoin move isnt looking good at this point where there is no volume and the formation of a scary pattern is under way in short time frame. Staying above 11k is good. But breaking the green zone completes the formation of Head and shoulders which is bad. Bitcoin has 100 MA support and also the trend line support at present. But with no volume everything gets...
if the correction is done ready to go up we might as well look for extended correction of BTCUSD .right now I think we are ready for another impulsive wave to the upside. even the RIPPLE is on the buy area for long run. invest with proper risk
This is simple chart with Parabolic Stop and Reverse (PSAR) and Momentum Average Convergence Divergence (MACD) FIBs are used on both. Resistance is FIB .5 for the candles. FIBs are set at the ultimate lows and highs for each. Interesting that the MACD signal line (Blue) is just at the MACD zero line. This is a strong Bear Market still. Trade dips...
Price is reaching support zone(693-749), in my opinion this is a good opportunity to go long, target to previous high(2047) However if this support zone fails, looking toward the next support at 436
Just wait for the proper entry point, according to the rules: 1 -2 tick above the signal bar Again, ITeksignal is given a great opportunity for spotting early trend. See you on the Trade......
Verge seems to be getting ready to make a move, but staying conservative and neutral till they drop some news on Wraith. With the whole crypto space looking ready to blow up (Anticipating BTC to break 20k) XVG has a good tech and setup but I am staying conservative since there are so much better Crypto plays but this should definitely be on watch!
To buy or not to buy at the all time high? The cryptocurrency world is full of mania, hype and volatility. The latest greatest token gets pumped until dumped. And for the past few years, fortune favors the brave who continue to HODL for the long term. But just how volatile? We can look at the measure of 30 day historic volatility using an chart study...
ETHUSD testing strong resistance to retrace down, possible test at 760 support then continue down trend
Round numbers look like some support: $11,000 and then $9,000. Also a monthly pivot going to be offering support at the $9,000 mark.