Looking at the 4h time frame we see room for growth on the indicators + symmetrical triangle pattern visible. (This is not financial advice, this is a volatile market where anything can happen)
RSI higher lows, MACD crossed. It's likely that GVT is preparing for an outbreak.
The Pivot Point System in this idea is from yesterday. Inside the blue area: On Wednesday, the red dashed down-trend-line, the blue dotted uptrend-line and the Pivot Point at 11366 crossed in one point. Today, the red dashed down-trend-line and the green dashed uptrend-line will cross. It is very unlikely that BTCUSD can break these triple and double resistances...
Hello Trading Maniacs. As you can see on the lovely chart, Ripple is about to go to point of no resistance and gaining bullish market sentiment. Our baby is not going left behind so we expect XRP is putting on her dancing shoes and going for it. Short term projection is + at least 33% increase! On the chart you see inverted head and sholders, but extended ones....
In these bearish times, NEO has weathered the FUD storm with exceptional grace, stability and even prosperity. 2-month old articles being re-posted by traditional financial institutions and journalists who want nothing more than to see Cryptocurrency collapse - Fear mongering and overreactions to misinterpreted information has seen BTC sharply decline over the...
In the chart of BTCUSD, we can see three overlaid triangles of different time ranges. This overall picture matches perfect with the otherwise undecided situation. A triangle is a trend continuation pattern and often easily to interpret. An outbreak of a triangle is usually a perfect starting point for a trade. However, right now, it is not even easy to decide,...
1. If we break into green zone there is high risk long position for 1 day with big outcome. 2. Most likely gonna stay in blue zone and wait for next outbreak opp. 3. After short downmovement outbreak into the redzone for new support at blue line.
buy zone: 0.000290 stop loss: 0.000230
Iota is in a Bullflag, looks very bullish, and broke local downtrend
At the green flag there are three signals in one spot. One is the EMA 50 (yellow). Then we have the 0.764 fib and the hard resistance. The space between the blue and the red trendlines is entered and the hardresistance is also touched but not broken yet. The Stoch RSI and the volume are too overbought/low. But there is still hope for a rise in Bitcoin price. If...