For Tezos (XTZBTC) we also have a lower high as we saw with MATICUSDT... Prices can continue to drop. Yesterday's candle is also sending out a strong reversal signal that favors the bears (down/red), here is a close up: Trading volume is also higher on the red side the past day... There can be more drop. Namaste.
MATIC Network (MATICUSDT) is trading within an ascending channel... But the chart isn't bullish. We have a lower high (orange box) last month compared to March, this can be a peak. We have a break below EMA10 while the indicators are trending down. Prices can continue to drop here. This is not financial advice. You need your own research and strategy...
drag mouse over note for real number When first eth cycle finish 2018 we enter in new cycle and accumulation long eth/usd and eth/btc on bitfinex (printing tether) and soon is time for finish this sec cycle with big eth pump.
Over the past few days, Cardano has seen tremendous growth as a result of the Shelley launch date announcement. Massive spikes like this are almost always followed by a temporary market short. This is confirmed by the MACD and Bollinger Band SMA breaking strongly to the downside. I expect consolidation around $0.07, maybe slightly lower. After consolidating, the...
GraysScale BTC is middle-term Bearish
Looking at Cardano specifically, it has built a strong bullish climb since the beginning of April, consistently staying above the SMA line on the bollinger bands, providing a nice floor. You can see this on the 1 Day charts when expanded out over 3 months.
Hbar/USDT Esta en un buen rango de acumulación con objetivos alcistas bastante pronunciados. Si sumamos que la dominancia comienza a flojear y otras altcoins que estaban en figuras similares estan teniendo altos crecimientos, es cuestion de horas que estalle hacia arriba mientras que BTC se comporte.
By the end of May who will be on 🔝? Currently XRP and Tether are having a dominance war Tether being slightly higher during the day, however now presently sitting 0.01% below. As a result of this just beware of the sentiment this will may create and opportunities that arise coming into this weeks trading :). Click baiting articles may swing a market. XRP:...
The big question is, will bitcoin follow Tether market cap? - I guess so.
Interesting correlation between Tether market cap and BTC price action. So far in 2020, Tether market cap pumps have acted as a precursor to big BTC rallies. Tether market cap pumped on: 1/6/20: BTC rose 43.06% 4/1/20: BTC rose 56.9% Average 2020 BTC move following a Tether market cap pump = 49.98% We just saw another Tether market cap pump on 5/14/2020. If the...
The wisest option is to hold and wait if the prices will break the trendline. If the prices will not break the trednline - it might be seen as a buy opportunity and vice versa, if the prices will break the trendline, it can be seen as a Sell Opportunity.
Seeing recent price action I couldn't help but begin to react to potentiually early signals of a short. Between the two pennants we can see where it moves 'sideeways', but is this consolidation or rather, capitulation. Now we saw the price drop, then stablise into what i SEE as a bearish pennant. I then overlaid another pennant, conforming to fib levels and...
I present this chart as it consolidates all my previous charts, with annotation and two vital indicators I had not published. So you will notice on this chart the various themes I have been discussing, including the most recent 'Flag' analysis which I will attach below, but also two indicators at the bottom. MFI and CMF indicator. Now is not the time for an...
As we can see bitcoin had quite a nice move depending on your disposition and management. This flag forming right now is of HIGH SIGNIFICANCE, and I won't be explaining it as I fear if one is not able to interpret autonmously, neither will they be able to trade what IS GOING TO BE an absolutely CHAOTIC and RISK FILLED area, and consequently will end up REKT. Risk...
drag mouse over note for real number all big "smart" money income, tether print and halving hype move price only on 10k ??? looks like he take real usd on other side and now start playing Musical chairs game with all beckup "stable coin" time to move crypto and usd on regulated exchange
We have established the ranging zone quite evidently, with the exception of wicks falling above and below. But I want to put forward a theory based on an observation I see. We know that markets are not linear in nature, and naturally run in cycles irrespective of any fundamental or circumstantial factor. It is fact, the market is cylical in nature. I just want...
Let's cut to the chase on this one. In trading it is vital to be contemperanous and respond accordingly with risk management in mind. I post this analysis as neutral however; I am far from being neautral but I am beyond certain doubt that we are nearing the end of what appears to be a squeeze. We are either going to break up or down, and very hard and very quick...
So again ladies, gents, cats, dogs and cryptowarriors. I am short, and I will allow the chart to speak for itself. Focussing on Fibonacci levels as ascertained from the ATH to the most recent low. If you look at the interaction between 0.5 and 0.618 fib levels, you will see this is when significant price movements occurs. I urge you look for the correlation, as...