I'm starting to think we may have a multi-day runner here folks. There's a solid channel with an strong linear support trend boosting these parabolic gains, and it just blew past 400sats before pulling back a moment ago. I'm expecting it to calm down for a few hours before possibly getting started all over again. Keep a close watch, be ready with stop loss just in case.
Hottest coin on binance right now and it doesn't look like it's found a steady position yet. Could be volatile but also looking very bullish with current setup. I'm buying until it breaks the channel, stop-loss at 210-215
GL
technical analysis clearly shows that we are going to the motherfuckin moon boys. buckle in because selfkey has some killer partnerships coming your way >:-)
Today NEO has approached strong support area, which could be a decision point for the upcoming move. The support is based at btc 0.0055 area, which is confirmed by two Fibonacci retracement levels.
First is 127.2% Fibs applied to the 18.03 - 30.04 corrective wave up. Second Fibs is applied to the corrective wave up after the break of the previous low, formed on...
Very steady and loyal pattern! this one knows how to make gains, steady and consistency is key. Every now and then your allowed a cheat meal or a drink but the progress is strong on this one this is in it's prime!
Bitcoin Sunday Chart Update and Key Trade Points
So far this looks like a good Reverse/Inverse Head and Shoulders in classic formation with a perfect retest of the neck-line yesterday at 7600 (even more so because no one seems to have really mentioned it - the low today here is 7600 precisely).
It carries with it a minimum implied upside target at 8163 on...
ETHUSD Update and Key Levels Ahead
Won't quit - grinding higher off a new little dynamic still
forming - so far so good still.
First support for day traders at 589.
Then Near term support building at 564 with more important
medium term support at 543.
On the upside we can see clear congestion at 610 up to 615 -
an eventual break and hold above here would be...
In the beginning of May, WhiteCoin has found the support at 88.6% Fibonacci retracement level, that is 635 satoshis. Since then XWC/BTC has been going up exponentially and has already reached 2180 satoshis, providing a strong 250% gain over Bitcoin.
But how far can it go, and will it stop growing any time soon? Well, today WhiteCoin has broke above the 61.8%...
GameCredits has found the support at 88.6% Fibonacci retracement level, that is 14k satoshis. The support has been rejected several times on a daily time-frame, followed by the move higher and break above the 50 Moving Average.
Currently the Moving Average is acting as the support and this could be the starting point for the uptrend continuation. The key...
Bitcoin Coinbase Update 12:52gmt 07:52est
Although it's rallied above the 8768 line and held the the little
retest the rally from there has been very lame so far.
Looks to be waiting for more buyers going into US open. They
need to be there or this long shot will get stopped ...raising
stop to 8810 as if it gets hit it will come back to the 8768 line...
Stratis seem to start getting the upside momentum against the Bitcoin. STR/BTC found the bottom at 46k satoshis, went up and then rejected 8/1 Gann Fan trendline. Since then Stratis has been moving steadily upwards and recently broke above the 68k satoshis resistance as well as the 200 Moving Average.
Price has been consolidating for the past week and now the...
Bitcoin Bitfinex Feed Sunday Update
The first short yesterday from 7049 was stopped out at 7061
for a 12 point loss. Bitcoin went on to make a high after that
at 7071 - a poor stop by 12 points. This is my bad here, not
the chart's - just a poorly judged spot for the stop. Sorry for
that one.
Anyway the second time it broke 7050 gave another chance to
short...
Bitcoin Wednesday Update Key Levels Today
Altough we made over 500 points on the downside yesterday
and 200 or so on the upside the last long from from 10755
went wrong and we were stopped out for around a 50 point
loss. Sorry for that one.
Bitcoin has since fallen away and back down the same
parallels after making lows at 10400 on Bitfinex in Europe. A...
Bitcoin BTCUSD Key Levels Today
Busted out of the long just under the target at 11738 on the
Bitfinex feed with the high at 11700, some 38 points shy of
the final completion target. Cruel Bitcoin. We were looking to
short from the target - those who did so have been rewarded
for their courage. If you were one of them then well done to
you. It was close to...
Bitcoin Sunday Update Key Lines and Levels Today
Overnight Bitcoin has made a minor double top at 11530-11500
with a rejection spike into the secondary high showing loss of
upside momentum and the first sign that this rally is showing
of running out of steam here. In the process it has lost the
support of the lower big rising parallel and is now making a...
