Get started

Kraken

ADA BULLISH BEFORE BREAKING OUTKRAKEN:ADAUSD ADA has seen some great pumps as of recently, pushing up to $0.17 then quickly back down to around $0.125 (buy back level). Looking at the awesome oscillator we see sell pressures are starting to build up, which is confirmed by our distance above the EMAs. Expect sell pressures to continue but slowly wane as price begins to move closer to EMA's, then we will see another big boom near $0.20. Looking at the trend based fib extension, we are at the 1.618 level, anticipate that to drop near 1 and then push back up between the 2.68 and 4.236 levels. All three of these indicators line up nicely, giving a strong sentiment of whats to come. This is not financial advice! Please trade at your own risk.
KRAKEN:ADAUSDShort
by mattforutan
2
ETH TO GO BULLISH AGAIN ONCE EMA20 CROSSES BACK OVER EMA50KRAKEN:ETHUSD Here is some more analysis using EMAs looking at 1 hour candles. You can see with each pink circle, once the EMA20 (blue line) crosses above the EMA50 (black line) we enter a bullish period. This spike continues until EMAs even out and the EMA50 crosses back over. Looking at the green circle we see EMA50 is currently still above, once that turns we are bullish. These two EMAs are very standard for cryptocurrency analysis. This is not financial advice! Please trade at your own risk.
KRAKEN:ETHUSDLong
by mattforutan
4
Bitcoin Perpetual Swaps v Spot basis suggest overlev longs Bottom indicator showing some important Perpetual Swaps contracts vs Coinbase price basis baseline = spot price basis positive = swaps trading at premium (generally strong over-leveraged LONG exposure ), push longs paying funding to shorts basis negative = swaps trading at discount (generally strong over-leveraged SHORT exposure ), push short paying funding to longs We can observe ongoing existence of what is likely to be over leveraged longs. The swaps been trading significantly at premium. Trading at premium mean that swaps funding rates rise substantially and consistently putting pressure on longs since longs pay shorts. Market-markers are on the receiving side of that funding to offset the risk of being against the trend while providing liquidity to a market that may for the moment may be losing some steam on the demand side waiting for a pullback Price been trading consistently above the trendline which remain intact but the swap-spot basis suggest a strong pull may occur in the future. Staying full long (specially if entry is very recent) in what looks like a very possible local top, even if we wick towards 20.1k, is very risky.
BITSTAMP:BTCUSD
by D7R
7
Long BTC, Hermès is coming 1. fib pullback 0. 5-0 .38, first long target: 8500-8888$ 2. Currently, it is under a Descending channel but with shrinkage, the trend may be changed at any time, so wait and see. If there is a huge dump, then wait for the first target to buy, but if it falls below the lower boundary, the stop loss is decisive. If the huge jump appears, break above the pressure line and stand firmly at 9404$, just follow the trend and chase long. 3. The overall trend is still rising. The bull market pattern has not changed. 4. According to the Elliott Wave Theory, there will be a fifth wave in the future, long-term target position: 10400$-12000$-14000$ Hit like and support me! Welcome to share your comments!
KRAKEN:BTCUSDLong
by HolidayCoffee
4
Bitcoin View dd. 28-05-2020 updated! Use link 4 real chart!I posted on 28-05-2020 my Bitcoin view and to keep the view and updates transparent and verifiable i keep updating that view until we enter into a new state to make new projections about it. I do not want to clutter updates with complete new ideas posting, that is why. This way you can see the progress and development of the analysis to follow without losing the history of it (right or wrong. more posters should do it like that imo.) Itis better to follow me to get the latest update on my Bitcoin view dd. 28-05-2020 then making news ideas all the time. Discuss, follow to get the updates faster and like. Happy Trading! Dany CryptoDesperado
B
by CryptoDesperado