Chart says it all. What happens after the triple bottom will be very telling as to what kind of second half of the year we are going to have. Hold on to your hats.
Bull pennant formed, breakout pending. Resting on strong historic support. Strong fundamentals - roadmap update, hard fork and testnet all due before the 10th of July. BCN BUY: 100-110 SELL: 118 130 148 200 Stop loss: 190 Here is a look at the historic support -
I’m just playing around with different scenarios! Market is what it is and it’s the weekend, so I’m setting up buying opps. Unless we really tank to 2018 lows, this will be my last big buy. I’ll sit back and watch what happens. Of course I’ll chip away here and there, but I will not be focused on day to day price movement!
SHORT setup for the Canadian and Yen pair. Economic reports suggest that the Yen may gain strength over the Canadian Dollar later today. If so, this will support the TA suggesting a ranging pair moving downwards. Wait for a good entry point! Confirm that price is not breaking out of the channel. Best entry would be to call a fakeout early.
A lot of people are watching the bitcoin chart right now. Its also very "nice" to look at with very nice technicals . Here are my reasons for me to watch it : - 3 impulsive waves -Valid Trendline ( 3 touches ) - Nearing 7.8k support Important to know : Right now we have no bullish entries the key area to watch is 7.8k. We have to see what happens there....
After weeks of power from the US bulls, it seems that they're finally running out of steam. Could we now be witnessing the turn of the bearish trend? Or do the US-backers still have some strength left in them for one final push down to the 1.17000 support line?
LOOM/BTC is looking triggered af. It's entire existence on Binance has resulted in a symmetrical triangle. A break at the apex with an entry at 62 sats with a 20% price target would be ideal.
Consensus 2018. A catalyst filled with rumors, hype, news, and demand. Sideliners fill finally pull the trigger, word will spread, there is no stopping the cryptocurrency train. We actually had tons of strong news about Crypto and Bitcoin lately that is bullish. I will be looking for price action buy signals near my blue horizontals. Will ride the trend up to...
Always look BUY opportunity when You have uptrend and always look sell opportunity when You are in a downtrend (more to forex then crypto but still..) At the moment fundamentally strong coin BLZ/BTC shows us good BUY opportunity: 1. Strong channel upwards 2. Resistance becomes a support 3. Supported with 100EMA 4. Possible W formation (double bottom) chart pattern...
What do you think is going to happen? Many factors at play right here.
4h Chart is at 20 RSI. Historically bitcoin hasn't went below 20 RSI since 2016 so chances of a bounce are pretty good. Good short term play. Happy Trading :)
AION fell to 0.786 level of fibo. it's very young coin, so it's not clear how Elliot's waves work for it. but it bounced from RSI support, that's pretty good. AION team will speak at Consensus 2018 and present some projects of theirs. Also, listings are possibly coming soon. resistance levels are marked due to previous movements and fibo
NEO currently is at 73 USD, I think there is enough space to profit till 82 USD. First of all , NEO looking very bullish much like all market atm,but I don't trust too much so ill adjust my stoploss as I go and would lock profits at around 82 which is where the price ill hit the downtrend line. This hit could lead to a drop of the price and that is why im...
U.S. Dollar is moving up after finding new strength in Americas political scene. This pushes all XXX/USD pairs down. Our indicators have been firing shorts on EURUSD for the past two weeks. A major level was breached at 1.21500 and price literally hasn't looked back. This is one of the strongest trends forex markets have seen in awhile. Be prepared for continued...
I think Litecoin is obviously due for a breakout. But it could also fall back down to $145 if it doesn't retain this momentum
Bitcoins daily MACD has just crossed bearish. I've observed bearish divergence in the RSI on several time frames for the last week. I'm calling short here. 10k proved to be formidable resistance. It seems that all bullish momentum has been lost for now and the bears are beginning to take control.
Bullish divergence on the hourly chart MACD and RSI. Support from trend line at 4200 Sats Entry 4200-4400 Stop-Loss below 4000 Short term profit targets T1: 4900 T2: 5200 Long-Term Cup and handle pattern. However, I see a bearish divergence on the MACD and RSI so be careful in the long term. This is my trade follow at your own risk!
My view of trading BTC the following days. Also have a look at possible bullruns of LTC and ETH. Just invest what your willing to loose. Peace out! - Monsi