As the chart above shows, $7.2k is the next likely stop for Bitcoin.
Right now the price has consolidated upward toward the $7.4k range for $BTC.
One of the main factors that I personally attribute to this is the fact that $BTC got a boost from CMC this morning from their exchange API messing up (so they say).
Basically what happened was that that their...
From some time NZDUSD is at the bottom of the channel.
The golden rule of trading (doesn't matter if it's currencies, stocks, cars, video games) is to buy when it's cheap and sell when it's expensive.
When you are buying TV - you know which one is cheap, and if you are doing little research you can say that some time ago the price was higher/lower and on that...
ECT is one of the project still holding firm defying the Bears. With Coinbase announcement to start the process for listing ETC, there has being a strong hold, Prices drop synchronous with falling crypto marketcap but returns higher from the previous highs. Also, there is speculation of a surge should the SECs approve BTC ETFs. Recent bear slide has pushed the...
Price pattern of BCH often seem same as the of ETH. The bears continue to slide the prices despite positive news that Robinhood’s zero fee crypto trading platform has added support for Bitcoin cash. As mentioned from previous analysis about the vulnerability of the network, this con also impact on a further price fall. We expect price to hold at previous...
Looking at the price action today reminds me of the first analysis . Prices rallied during the short bull excitement but began to fall as the bears returned. Looking at the chart, prices are expected to find support at $405 as price may continue to fall during the weekend. A break at this support will send the smart contract platform token seeking support at...
With the bulls lacking strength to push bitcoin price to $7000, the king of cryptocurrencies has been found sliding again. A continuation in price fall during the weekend may find a support point at previous low around $5803. A break from this support may send the king looking for cover at $5000 or just below. Though most investors wouldn't want that, one of them...
BTC ranging still albeit looking bearish, a little bounce here till it falls down to that long standing support line. I expect it to bounce there and create another higher low. The point of interest will be the next push up, if it fails to create a higher high and that lower high fractal is created I expect a fall down to the that gold zone (major...
EURJPY looks quite bullish. I have one long position I opened below channel bottom, but I'm not that sure about that decision, so I will wait with building bigger position until chart will cross SMA100.
So here is my game plan: I will open long above SMA100, and if I'm right I will keep position to orange dashed line I put on chart. I'm not convinced to keep...
BINANCE:ADABTC 240 on Binance.
currently below 0.618 levels of 3278
suprisingly low volume
above 20, 50 and 200 EMA
support to be tested around 2400
stronger support at 2100 and 1700-1900
high chances of price pullback
Feel free to comment and discuss.
DNT is a fast mover today. Broke out of the horizontal resistance, and may go on to retest the recent high near 1067 satoshis.
But I must war, it is still in the range to form a double top. It may need more time to consolidate as well, there is low volume, and this was a strong upmove. However, I can see it reaching this price target within coming days. It's a...
Waiting patiently on the next dib for Bitcoin .
I will share this unique indicator (combines Price+Momentum+Volume Analysis all together) to anyone who likes and commends his or her thoughts on UncleBo . Positive Mental Attitude For The Win :)
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BEPL looking like in Consolidating and Forming the " Descending triangle " pattern on day charts.
Price recently got rejected from 50% levels recently and moving side ways with lower levels.
Although its making strong support at 155 - 160 levels, but looking at overall trend and nifty , price likely to break the support.
This confirms the bearishness and...
In the previous chart I said that we had some possible scenarios.
What's happened? Btc raised to the big red rectangle ( a big resistance), then dropped to the green dashed line (good support).
What is the next move? In the prevoius chart I said that the rsi in h4 would fall in the red circle (oversold zone). Now from this point we could see a bounce up... all...
The swing trade turned out pretty amazing which I mentioned in my last chart for BTC and before that as well.
It hits the 61.8% fibo and gives a reversal. No we can see some upside to 10,500 Target Area to reach towards the Median
line of the fork and also the trend line. For time being we can see BTCUSD on the up side but it will be a struggle for it to
break...
