already erased the impulse wave but it's really easy to see. left up the corrective as I see it retrace to 9488/9450 and small bounce before another corrective to 9124 is one way, or 4th touch breakdown immediately of the uptrend line. alternatively bounce from 9488/9450 and send it. I'm of the opinion Monday's halving will either reverse a volatile trend or a...
Hi Traders! The market is making lower highs and higher lows. That's why we see a triangle in the chart. As you can see there are two trendline: One is coming from above und one from below. Now the two trendlines are so close to each other, that the market is squeezed in between. It follows, that the market has to break in any direction to move further. We...
Method: Bollinger Band/Keltner Channel squeeze happens when upper & lower KC enter into BB. Use RSI and Momentum to help determine price direction. Works great on daily charts when squeeze happens with increasing RSI and Mom (ideally above 0). However, the longer the stock is in the "squeeze", it develops a base in that price zone. Longer base means stronger...
ZIL price-action has been traveling through a channel since August with a few attempts testing the upper zone of the Green channel highlighted on the chart. We believe a new attempt to test this channel resistance is on the way. Squeeze momentum has been stretching on daily Time-frame with a bullish divergence on four hour TF. The Major red dotted Resistance...
7400 high range 6390 low range Reassess at 6300s. Stay safe during the holiday trading season, futures are a difficult game. Shakeouts are always possible. Arm yourself with mathematics. If you are unfamiliar with cryptocurrency, please check the date. It is almost 2020. Read my article, please, it is linked. Thank you, goodnight and goodmorning.
Litecoin/Bitcoin (Binance) Litecoin has been following the down triangle and is now being met with resistance at the 0.007000 - 0.007100 range. As we can see there is starting to be a swing back to the upside starting. On the 3hr chart we are looking for the reversal back to the upside. Looking at the buy & Sell walls on Binance it's estimated that to...
Litecoin is currently trading between 2 support and resistance zones, roughly between 88 and 108. The top of today’s candle touched the 100 EMA but the fast 21 HMA has started to turn up. Also, the fast squeeze indicator has turned green and the slow squeeze has turned dark red, a sign of a potential upward move. We’ll see if price can break and stay above $100...
In this second video for today, I finish going over the chart for Bitcoin, showing how I use the Hull Moving Average in my analysis.
Here's the first of 2 videos where I go over my current though process on the technical analysis of bitcoin.
Bitcoin, Litecoin and VeChain are all breaking through their short term support levels today. Bitcoin looks headed down to the 9,500 level and with the 4 hour Squeeze indicator turning dark green, price looks very bearish. Litecoin is just about at it's next support level at $87. The squeeze indicator has also turned dark green so some selloff is expected at this...
Bitcoin sold off this morning to 10,144, right into a support zone. Price has been unable to break above the EMAs. If this support area holds, there will be a nice Head and Shoulders pattern, which would put the next move up to the resistance level at just under 12,000. If support does not hold here, then I would be looking for another price drop to the 9,000 to...
Bitcoin has been consolidating for 4 weeks since the last big run up. Price has found support @ .764 fib, the breakout point of previous resistance. So is this the end of a 4 week consolidation / bull flag period? This week’s doji still looks much stronger than any other of the top alt coins, with only Litecoin showing any signs of strength. This could be good...
The Squeeze indicator is turning green on the 4 hour XRP chart and the 21 period EMA is poised to cross over the 50 period EMA. Price is moving up into a band of resistance, capped by the 100 EMA. Definitely a battle zone ahead between the Bulls and the Bears that could end up forming a bullish cup and handle pattern. (Not investment advice)
Bitcoin and Litecoin push higher breaking through key resistance on the moving averages on the 4 hour charts. The CBG Squeeze indicator has also turned green on Litecoin.
The 4 hour bitcoin chart shows a potential cross of the 50 and 200 EMA. While many are saying this will leading to a big move (could be either bearish or bullish), the facts don't point to such a reality. Scroll to the left and see for yourself. While sometimes it does lead to a big move, at other times it leads to just more consolidation. For me, the big...
I won't say much in this bit of text. It's all explained on the video why I think a bullish pump north is more probable than a bearish bust south. The markets are there to prove me wrong. But I have to evaluate what I see.
Hello! Here you can find a long trade for XRPUSDT. Happy trading!