ETHUSD is following BTC's lead and after it broke its monthly downtrend and 159.00 Resistance, is now consolidating.
Levels to watch:
- The former Resistance is now the Support (156.50) and is a symmetrical one, all the way back to April.
- Similarly 188.85 is the symmetrical Resistance level. Those two create a high volatility zone.
- The hard technical...
Here we have Litecoin (LTCH20) retracing. We can clearly see a break of EMA10 and EMA50 being tested.
Since Litecoin grew by 29% in this last wave, it is likely to see prices retrace further and test at the least the 0.618 Fib. retracement support, this would also match EMA200.
You can find all the important levels marked on the chart.
We are active here on 8X....
PrimeXBT has investigated the markets and found some relevant data about BTC/USD that we would like to share with you.
Bitcoin is the most mentioned search term relating to innovative value transfer systems, data from social media for the topics of “payments” and “fintech” reveals. BTC received 957 mentions in December, as the digital...
Bitcoin Cash (BCHH20) just broke above EMA10 on really high volume, above-average. This can signal the end of the retrace and the beginning of a new move.
We are active here with 10X, which is super high risk and for advanced/experienced traders only.
Remember never to trade with leverage unless you are already familiar with trading and are already successful,...
Here is my full trade signal for Tron on BitMEX.
Wishing you great profits, success, wealth, and health in 2020.
Trade: LONG TRXH20 | TRON
Buy-in: 0.00000180 - 0.00000190
Stop-loss: Close daily (D) candle below 0.00000177
The yellow circled candle... That's the signal.
This is supposed to mean that prices are going higher... But one signal is never enough, for us, to make any buy/sell decisions, so we look for other signals to support this one.
We can see the MACD and RSI curving but prices for EOSH20 are still below EMA10 (green line).
The circled candle is a reversal signal...
We are active with Bitcoin Cash (BCHH20) with leverage on this drop. We are aiming at the 0.618 or 0.786 Fib. retracement support.
I won't detail the chart signals for this one as this is for experienced/advanced traders only.
Avoid leveraged/margin trading.
Start simple (Buy and hold to later sell for-profits).
Study, practice, take your time...
Looking at Bitcoin (XBTUSD) short-term (1H) we can see that prices are now trading below EMA10 and EMA50 while the two indicators have a bearish cross.
The MACD and RSI are trending down and volume is really weak after multiple lower highs.
If XBTUSD fails to move back above $8093, prices are very likely to drop.
What's your take?
Feel free to share with us in...
The charts for Ripple (XRPH20) are almost ready.
Our trade goes for 338% on 8X leverage, prices are still within buy-in range.
You can see additional details on the chart. Click here for more:
This is not financial advice.
Leveraged trading is intended only for...
We are seeing EOS Token (EOSH20) moving within an ascending triangle and gaining momentum.
Notice the higher lows and the black trendlines, prices are clearly moving higher.
Volume is still average but EMA10 and EMA50 have been conquered recently.
This chart can lead to some great gains.
We are active here with the following details:
Litecoin (LTCH20) is now trading above EMA50, strong potential for a bullish to happen next.
We are seeing volume slightly increasing to break above EMA50.
We are seeing other BitMEX pairs/instruments having bullish breakouts.
The RSI is now strong.
The MACD is turning bullish.
LTCH20 can easily grow here.
The blue dashed lines are there to mark our...
Here I have the Cardano (ADABTC) chart for you, it is made with the intention of being simple and easy to read/follow, while at the same time it can be entertaining or simply show you the direction in which I believe Cardano will go.
Today's candle is looking really strong for ADABTC.
With this type of chart, another drop can easily follow before the bullish...
Waves (WAVESBTC) printed three massive green volume bars in the past three days... This is the highest volume we've seen since July 2019.
We also have a break above EMA10 and WAVESBTC now trading above EMA50. The EMA50 break needs daily candle closure for confirmation.
The RSI is strong while the MACD is showing bullish divergence and allows for additional...
Basic Attention Token (BATBTC) is gaining strength... The RSI is now at 67, this is the highest it has been since April 2019 as it moved down, on the way up, the RSI only reached this level in February, before producing a very strong 130%+ profits wave.
Now, BATBTC has even greater profits potential since we are looking at its price on the lows... To April's 2019...
Welcome to PrimeXBT’s latest trade idea, focusing on EURAUD’s price action.
Combine China’s numbers with stronger Markit Services and Composite PMIs from many European countries and with the EU as a whole, and we get a strong case for a move higher in EURAUD.
EUR/AUD bears will look to short near 1.625 with stops above the key resistance level....
Going back to MA200 on the 4H timeframe, Bitcoin (XBTUSD) has been going above and below this level on multiple occasions, basically giving us a sideways Bitcoin since late November.
This Bitcoin looks like it will eventually make a strong move to either side... In the meantime, the altcoins continue to grow.
We can clearly see a descending channel marked with...
On the 4H XBTUSD chart, the battle for MA200 continues.
Looks like the bears are gaining momentum while the bulls are losing control.
Prices for XBTUSD are now below MA200, the main resistance that needs to be conquered if Bitcoin wants to continue moving higher.
On this chart, below MA200 is bearish.
Above MA200 we go with the bulls...
Who do you think...