Monero is showing bullish signs, MA20 is over MA50, RSI confirms it, but is near overbought. Market is seems to be testing prior resistance level, if trend gets confirmed, go long. Risk/Reward is over 5. XMRBTC pair is bearish, and slightly bullish on the last 5 bars on the 4H chart. WNZ Get live updates and analysis of the cryptocurrency market: t.me
STEEMBTC, while sitting near a major support zone, has formed a rising channel within the 4H chart. Mayor downtrend from a descending triangle is really strong, and price close to the line. Should a bounce be confirmed from the support zone, new entry opportunities might emerge. BTC uncertainty is playing a major role on this trade. WNZ Get live updates and...
Price Seems to be just about to hit the trend line again witch leaves and posable entry point. SETUP If the price breaks through the trend we have a Long position setup with targets around 49.90 and a stop at 49.15. On the downside, if price rebound off the trend we could be looking at another run to the support at 48.55. This gives us a short entry with...
Heres a quick one Looks like there is resistance around the 49.60 price which is roughly where were at now, this also is in keeping with the top of the trend line. On the upside So it looks like if price closes over 49.60 we would have broken both resistance and trend, indicating an entry for a long position with targets around 49.90. On the down side, ...
$SC in BTC pair is looking weak with the BTC running up past ATH. However SC is a strong coin and is bound to rebound. Most likely scenario we touch the recent trend line again before breaking for a bull run. As always volume will be the best indicator to tell and confirm breakouts.
ZECUSD broke major downtrend, and is now on an uptrend channel. Based on risk/reward, is close to the same level (1) on both entries. ZECBTC is another story. This trade will allow you to diversify your portfolio.
The STRAT/BTC pair is looking weak due to BTC pushing ATHs. Expecting a bigger retracement, as we just completed a 5 wave. Possible buy in zone would be .5 fib. Or on a bullish breakout.
Looking at the weekly for all euro pairs across the board. Eurjpy is the only pair that have potential uptrend continuation based on my data. I found a Bullish Gartley Pattern formation just as market was closing this pass Friday. However, my view long term is it will go down just like the rest of the Euro pairs. Going into next week, I will be looking to buy it...
Trading BTCUSD can still be a challenge, just one day after Segwit. However, volatility measured by ATR on a 22H basis, is under 50 right now, price shows resistance in the 2580-2660 zone before, during and after Segwit. DMI is in Trend, and Stochastic, back-tested the last 30 days, although slightly over-trained is crossing on the downside as a signal of...
Entry Market Order @ 0.89232 T/P @ 0.90880 Limit - 1 Day Personal analysis only. Please use your own rules & strategies prior to entering market.
$DGB formed a bull flag on 2H candles. With enough volume I see it breaking out. Look for the confirmation breakout as well as volume to back up the run.
ARDR Is showing a nice bull flag formation and looks very close to breaking out. Entry on volume breakout is the safest option.
ETHUSD broke the descending triangle from the 4H perspective, but still on the daily chart is not so convincing. However, a rising channel can help define short-term entries. The channel already tested a High at $232 from the resistance zone and reversed. The next reversal could occur from a short term resistance level or from the rising channel. RSI...
Watch RSI as it has topped off on 2H. STR is one of those coins that shines on volume, definitely keep and eye on it. On longer time frame hard to judge it's new targets because of the added supplies from previous bull run.
Big pump with BTC fud being almost over, bulls are definitely coming back strong, watch the volume to confirm break outs.
With BTC fud coming to an end, bulls are coming back to the market. Ethereum has triggered early reversal from down trend and is looking to confirm the breakout. Buy on high volume and tested supports.
On XRP/BTC we are nearing the point of depression on the market life cycle. A point at which buying becomes safe for a reversal entry. Look for volume increase and possible big buys from players. Pass 7000 would say we are entering another bull trend.
The market decided that they were not comfortable with the price we were at yesterday. If you follow my post, you'll remember how often I talk about the bottom trendline of my GREEN channel. It is significant. Still is. Once we entered back into the channel, I bought BTCUSD again. I updated my trailing stops often to follow the bottom of my GREEN channel...