BTC Update: BTC is still safely above its 50MA and its 200MA. Note that the 50MA is pointing upwards and the 200MA is pointing sideways. If the support levels hold strong and if and when BTC is able to push above the Upper Resistance Zone and the Pitchfork Median Line then........ we will witness a GOLDEN CROSS on this 1D timeframe. BTC is back above its...
Very quick VET 6hr chart update VET has broken UPWARDS from its Triangle Pattern. A successful 6hr candle close above the descending trend-line is crucial. A successful retest of the descending trend line as support will also be another great positive sign. With the Long Horizontal Support Area, VET was also in a potential Descending Triangle, so it's a really...
Quick VTHO 1D chart update: VTHO is still in the Equilibrium Zone of the Ichimoku Cloud for this 1D timeframe. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating the mid-point of the short-term momentum is slightly upwards. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid-point of the mid-term momentum is sideways. The Ichimoku...
Lets have a look at the BTC 1D chart using the Ichimoku Cloud with the 20,60,120,30 settings and a few other indicators and squiggly lines: BTC is in the Bullish Zone of the Ichimoku Cloud for this 1D timeframe. BTC has closed 4 daily candles within the Bullish Zone for this 1D timeframe. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the...
Very quick and dirty ADA 1hr chart update: On the 1hr chart, ADA is in a potential Falling Wedge Pattern. A Falling Wedge Pattern in an uptrend is a potential Bullish Continuation Pattern. Obviously this is all dependant on what BTC does tonight. ADA has found some resistance at its Bollinger Bands Middle Band Basis 20 Period SMA on this 1hr timeframe. Note that...
ADA 1D chart update using the Ichimoku Cloud 20,60,120,30 settings: The Ichimoku Cloud Lagging Span (Tenkan Sen) is indicating that the mid point of the short-term momentum is upwards. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid point of the mid-term momentum is sideways. The Ichmoku Cloud Lagging Span (Chikou Span) is indicating that...
VTHO 1D chart update using the Ichimoku Cloud with the 20,60,120,30 settings: Note that VTHO is in the Ichimoku Cloud Equilibrium Zone for this 1D timeframe. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the mid point of the short-term momentum is sideways. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid point of the...
BTC is still above its upwards Pitchfork Median Line (A,B,C) on this 1D timeframe. BTC is still above its Bollinger Bands Middle Band Basis 20 Period SMA on this 1D timeframe. Note that the 50EMA (Yellow Line) has finally crossed back above the 200EMA (Red Line) on this 1D timeframe. BTC has found some resistance at its Least Squares Moving Average level (LSMA)...
Quick VTHO 4hr chart update: After yesterday’s massive price rise, VTHO has dropped back under the Upper Bollinger Band which should come as a surprise after such a large rise. Note that we have had an extreme expansion on the Upper and Lower Bollinger Bands so a BB contraction and price dip is a possibility and should not come as a surprise. VTHO is back below...
VeChain is still above its Pitchfork Median Line for this 4hr timeframe. VeChain is still above its 50EMA (Yellow Line) for this 4hr timeframe. VeChain has found some resistance from its Least Squares Moving Average (LSMA) (White Line). If you are waiting for positive confirmation for this indictor, a successful 4hr candle close ABOVE and RETEST off this...
VeChain analysis: VET is back above its 50EMA for this 1D timeframe. VET is still above its Bollinger Bands Middle Band Basis 20 Period SMA. Note that VET is still walking upwards on the inside of the Upper Bollinger Band. VET has found some resistance from its Pitchfork Median Line. If you are Long and waiting for confirmation then a close and successful...
BTC has had a successful breakout and retest off its sideways channel resistance as support but its still best to wait to see where this daily candle closes and how. Note that we may have a potential Hanging Man Candle pattern on this daily chart so its best to keep an eye on how this daily candle ends and also how tomorrows candle begins and ends for...
BTC Daily Chart Analysis: (Unbiased & just telling it how it is) BTC is still ranging sideways within its massive sideways channel. Note that even if BTC drops back down to $30K, it will still be considered ranging sideways so you should be prepared for this because it will become more of a possibility especially if BTC continues failing to break ABOVE and more...
ADA 4hr chart: ADA is above its 50EMA for this 4hr timeframe. ADA is back above its Bollinger Bands Middle Band Basis 20 Period SMA. ADA is still above its ascending support line. ADA is above its Volume Profile Visible Range (VPVR) Point of Control (POC) for this charts visible range. ADA is above its Volume Profile Fixed Range (VPFR) Point of Control (POC)...
A quick look at the VeChainThor (VTHO) 4hr Chart: VTHO is still above is 50EMA for this 4hr timeframe. VTHO is still above its Bollinger Bands Middle Band Basis 20 Period SMA. VTHO had shot up outside its Bollinger Bands Middle Upper Band but has now re-traced back below the Upper Band. Overall Volume has increased and note that the last 6 Volume Bars have...
VeChain daily chart update: VeChain had broken upwards through its Falling Wedge Pattern on the 22nd July. VET has broken upwards through its downward trend-line and successfully re-tested it as support 4 days ago. Note that VET had successfully tested its Major Longterm Upwards Trend-line as support twice on the 20th-21st July. As noted on the chart, VeChain...
ADA Longterm Weekly Chart: ADA is still above its Weekly 50EM. ADA is back above its Upper Yellow Pitchfork Resistance Line, ADA needs to close this Weekly Candle above it. ADA has found some resistance from its Bollinger Bands Middle Band Basis 20 Period SMA for this 1W timeframe. Note that the Bollinger Bands Lower Band is starting to curve upwards for this...
BTC Daily Chart Update: BTC is back above its Weekly 50EMA. BTC is back above its Bollinger Bands Middle Band Basis 20 Period SMA. At the moment, BTC is above its Bollinger Bands Upper Band so we could see a re-tracement back under the Upper Band or BTC could continue walking up on the outside of the Upper Band. BTC has broken upwards from its Descending...