if you see an ascending candlestick in time 15, inter the buying position..... i hope the target is touched as in the previous analysis.
Possible rebound after the price has reached the Fibonacci level which is very close as a value with the 20 days Moving Average. If the fast line of Stochastic will cross the slow one, it can be considered as a confirmation of this scenario. All eyes on the Powell`s speech tonight!
Objectively: - Ethereum is holding 0.025 support since nov17 - RSI at oversold area - We'll probably see a move when Bitcoin consolidate. Targets: 1. 0.03097 2. 0.04000 3. 0.05221 Stop: 0.02140 *** Manage your stop according to your risk management. This is not financial advice.
Ripple started the month with the right foot, with it’s price crossing the 20 days Moving Average and creating a green candlestick above the later, which is often considered as a confirmation of the bullish trend. Unfortunately, what was expected to be a good sign for the following days has turned out to be just an illusion because the trend has...
Even if in the last 7 days the price lost almost 19% from it's value, February can be still considered a very good month for EOS, as the total growth is close to 56% today. The beginning was hard, with the price moving sideways in the first week, but once the trading volumes have gained consistency, the price has found the necessary strength to cross the 20 days...
After 21 consecutive days, period in which the price of Litecoin has moved in a range between the minimum of 29.82$ and the maximum of 34.67$, has finally found the strength to cross the 20 days MA and to stabilize above it. In the last 3 days, since the Bullish trend has started on a 1D chart, the price has been increased with 6.37% based on promising trading...
If we go back in the days in which the whole sector used to go through amazing times, a movement like the one registered by the price of Ethereum on the 8th of February would have had less chances to be considered impressing. But nowadays, after the market drop we could see in 2018, a price movement from 105$ to 121$ is huge and for sure it brought back some of...
As with Ethereum, the price of Iota has followed the same pattern with 3 different occasions : 1. The price increase which was registered on the 15th of December has been announced by the MACD's crossover on the 10th, the RSI's level of 48 registered with one day before and confirmed by the Stochastic with it's "fast" line coming above the "slow" one on the...
After 2 days in which the trading volumes have increased, the price of Ripple has manage to stabilize above the 20 days Moving Average and new bullish trend on a 1D Chart has started. A similar price evolution like the one from today has been registered 2 times in the last 3 weeks but in both cases, the price lost it's ground afterwards, as it follows : * On...
After a period in which it has crossed multiple times the 20 days Moving Average, the price of BNB has finally settled above this one on the 2nd of February and the bullish trend which has started was also confirmed by the green candlestick which has been created in the same day. This growth of 2.7$ which means about 40% was caused by the increased trading...
Supported by the increase of the total market capitalization and by the positive trading volumes registered in the last 6 consecutive days, the price of NEO has followed the evolution of most of the coins and has registered a growth of 1.61$ or almost 23%. It's important to notice that after the price has crossed the 20 days Moving Average, the first candlestick...
Despite the majority of the crypto currencies that appear to be moving slowly but surely at lower prices, Tron is about to register the 7th consecutive week since the trend is on the rise. Thus, we could see how the price went above the 20-day moving average by mid-December, recording an increase of about 0.0069$ (or 34%) since then, based on some trading volumes...
After it's last failed attempt of crossing the 20 days Moving Average on the 20th of January, the price of Cardano seems to be set to continue it's bearish trend, influenced by the low demand for the coin despite it's very well looking project. Since the 1st of January, the coin has registered a loss of 0.0029$ (representing only 6.90% from it's initial value)...
As we have mentioned on the previous post about Ethereum, the price has registered a bearish trend since the 10th of January, once it crossed and stabilized below the 20 days Moving Average, with it's daily range movements decreasing as well. Like before, the RSI and the Stochastic still have "oversold" positions and on top of this, we can also add the position...
The end of the year has represented a good period for Iota, with it's price increasing from 0.2506$ on the 17th of December to 0.3726$ on the 10th of January, registering a total growth of 48.63%. Although the odds were looking favorable, the coin was pressured afterwards by the drop of the market capitalization, with the investors being concerned more about the...
Since the 10th of January, once the price has crossed the 20 days Moving Average and the Bearish trend on a daily chart has begun, the price of Ethereum has registered 12 consecutive days in which it has been moved sideways with an average daily movement of 11.2$. At this stage, it is traded below the Pivot Level (Average Price) of 125.53$ and it also had 2...
After 2 failed attempts (on the 20th and 21st of January) of changing it's direction, the price of Tron has bounced back from the 20 days Moving Average and it has registered 3 consecutive days of growth, continuing it's bullish trend. Another important thing to mention is that the price of Tron has failed to break yesterday the Resistance Level of 0.0275 but it...