I am back to share my TA with you!
After months and months of downward price movement, finally there are some good signs in the chart again.
After breaking all of the support areas, it found support at the lowest regions at around 1000 SATS.
Last time I told you ‘Price is now at a strong support level and I think there is a good chance of...
Pair : #SOLVE / #BTC
RSI : 49
TA Notes :
- MACD : Showing a bullish behavior crossing over in favor of the bulls.
- RSI : Is in a good position showing a bullish behavior too at a neutral position for a leg upward move for now.
- EMA : Looking very good for the short term and showing a good bullish trend indication.
- Volume :...
Solve.Care (SOLVEBTC) hit a low on the 15th April and has been in an uptrend since.
On the 5th of June, it hit a peak at 0.00008195 which sent this pair into correction mode...
We believe that the correction might be over after SOLVEBTC printed the first green volume bar, is now challenging EMA5 and is showing hidden bullish divergence on the RSI.
If the bulls...
I have had a nice vacation and now I am back to share my TA with you!
Clearly, the correction has not been finished at the time of my last post. SOLVE broke all the support areas and the 50 and 100 day MA, which is very unexpected and quite bad. From the top it has 'corrected' 76% in BTC value, this is extremely much in a bullmarket. However, this...
Here a new TA on solve, we have retraced to the .618 of the last move, normally a solid support level. Solve is also trading in an falling wedge, a bullisch continuation pattern. However, we have no confirmation of braking to the upside yet.
For me the bullisch case will be comfirmed if the price surges up to 0.00005000 and closes a daily candle...
I hope you all have been trading well in this bullisch market. I have made an update on my cup and handle theory, this one just seems more correct to the chart.
We have been trading downwards for a few weeks now and made the necesary corrections. This is healty in my opinion.
Now we are trading in an upwards sloping triangle which usually break to...
0. Let me tell you in advance. There is no direction. The following is a strategy for chart patterns. Please note that patterns can break at any time.
1. Box 1, Box 2, Box 3, and Box 4 maintain similar patterns such as Eliot pulses (12345-ABC) and Triangular convergence in the process of creating C waves. The difference may be masked by whether it is upward...
First of all, please take a look at the fundamentals and the great development team of Solvecare, this a great project for the long term.
Second, look at the chart! There is a clear cup and handle pattern forming and I believe that we will experience a golden cross soon, this wil take us to the goal of 0.0005367 BTC and eventually 0.00006547.
I call this...
Solve.Care (SOLVEBTC) betrayed us in the past when manipulation and oversupply took our money, but now it is trying to move again and this time with good volume.
We have an active trade since 0.00001200, let's see how it goes this time.
I added some targets to the chart above.
The last low is always the stop-loss, yet, this is not a piece of trade advice.
Solve.Care (SOLVEBTC) is on the move again.
In my previous analysis, we were expecting a breakout of the falling wedge... it didn't happen.
Now, a strong green candle showed up with massive volume. This is indicative of an upcoming move.
This volume is higher than all volume bars printed before.
The MACD is trending up and gaining momentum, while the histogram...
Our earlier Solve.Care (SOLVEBTC) trade went negative and hit our stop loss... But as life always does, here comes a second opportunity from which we can profit even more.
Look at the volume bar on the far right... Huge volume.
Take a look at the profits potential...
And finally, look at the falling wedge.
This can make a massive move to the upside...
-Falling wedge pattern created in the 4H chart depicted by the green pattern.
- RSI at around 41 which seems a good level of demand supply balance.
- EMA50 and EMA89 still needs to flow downwards under the price movement.
- A breakout and close above the green resistance line is a must to confirm a rally upwards and an elliotts wave creation.
- Volume showed a...
Remember Solve.Care I shared a chart when it was added to Bittrex a few weeks back, it went quickly into retrace and now is moving after consolidation.
Take a look, I am sharing the resistance levels, which is where Solve.Care will find resistance on the way up.
Today's breakout has enough strength to signal additional bullish action.
Hit LIKE to show your...
Solve.Care (SOLVEBTC) has just been added to Bittrex and it is doing some crazy numbers.
There are basically no sell orders in the book. I bought to ride it for fun.
Here some info from their website:
Healthcare on Blockchain
Global blockchain solution for coordination, administration and payments of healthcare
Solve.Care platform is designed to simplify access...