This time we applied less known indicator called ZLEMA = Zero Lag EMA.
This indicator was invented by the John Ehlers and Ric Way.
Their goal was to eliminate the inherent lag in all trend following indicators which average the price over time.
This time we applied it to BTC long-term chart with a 3D interval.
Take a look...
Don’t be afraid of today’s red market.
This is just temporarily.
Investors have to take their profit after significant bounce up.
Although we may expect to have a small correction on BTC, in general, we started building the 5th wave on the Elliot Wave pattern.
Please take a look at the chart.
At the end of 2011 we had a start of the 1st wave.
Elon Musk has recently announced Dogecoin is his favourite cryptocurrency.
As a reason, he mentioned it is impossible for anyone to control it.
On the April’s Fool Monday there was a poll made on Twitter among Doge community who the best CEO for Dogecoin would be.
As a result, Elon Musk has won (Vitalik Buterin, Charlie Lee and Marshal Hayner have...
Do you know what falling dominance of BTC means?
Yes, you are right. The more bullish the market is the smaller dominance of BTC is.
It happens when the market is positive about the future and people invest in other projects than BTC.
It means they are not afraid anymore and put their money somewhere else than the safest crypto so far BTC.
As you can...
We made some experiments with the time frame and we noticed one interesting thing.
We applied simple indicator such as Moving Average.
We used a 3-day interval meaning one bar is the equivalent of 3 days.
We used one quick (7 periods) MA and one slower (30 periods) MA.
Take a look at the chart.
Every time 7-period MA crosses up 30 – period MA we have...
Here is the most honest version of the current situation on BTC.
As you can see we are in the long-lasting tunnel which started in May 2018.
Since that day we did not manage to jump out of it.
All movements were present inside it.
In order to change the trend, the price has to jump over the current resistance level at $4400.
But before that happens...
We have observed the VET for a while.
It looks really decent.
It can give us a 140% cumulative profit within the upcoming weeks.
It bounced up from the ATL (an all-time low) on December 18.
It definitely went up at the beginning of March 2019.
From that point, we have a swing party.
Look at the volume – we have a much interest combined with...
Last week we showed you 3 very good news derived from technical analysis on BTC.
• Ichimoku Cloud - On the 1D chart, for the first time since the beginning of 2018, the price chart maintains over the cloud.
Additionally, the price is over...
We have good news regarding Stellar.
First of all, they announced the partnership with IBM World Wire, a real-time global payments network that optimizes cross-border payments, forex, and remittances.
As Coindesk reports:
“Announced Monday, six international banks have signed letters of intent to issue stablecoins, or tokens backed by fiat currency,...
Here is another buying opportunity.
The price is currently saturated but let's wait for the correction.
There will be a buying opportunity.
We think it will take a week or two.
Potentially within next swing, we can earn 50%
Weis Waves show us there is massive demand and almost no supply.
Be patient stay cool!
Thank you for reading.
BTC holds pretty strong even though we had this massive bounce up lately.
In term of technical analysis, the situation looks very healthy.
Here is why:
• Ichimoku Cloud – the favourite indicator of people from Asia where the cryptos have the highest volumes.
On the daily chart, the situation is the best possible. This is the best setup.
We made this analysis using different perspectives and different time frames.
The results are promising and we can be very close to starting a new bull run.
Here are the technical analysis details:
•Ichimoku Cloud - On the 1D chart, for the first time since the beginning of 2018, the price chart maintains over the cloud.
Additionally, the price is...
Today, we have prepared today a big picture of the BTC price – since 2013.
This is all on the log scale.
It will help us to understand fluctuations and see that current correction is a normal thing.
So at the end of 2013, we had a massive growth on BTC price – 900% in just 60 days.
After that long correction had started and many said that BTC was dead, it...
We have good news regarding technical analysis on BTC.
• For the first time since Aug 2018, we observe this bullish cross. MA50 is about to cross MA100 on 1D chart.
When that happens this is a strong signal for investors to BUY.
• Solid positive trend on MACD
• Since Dec 2018 we have a positive trend on RSI, too.
• Remember to enter the...
Here it is. Our weekend analysis.
This is another proof of how powerful are combined Bollinger Bands and WBM BUY/SELL Indicator.
We want to show this using 12H chart on BITCOIN.
There was also the possibility to trade short for example on Bitmex.
This trade took us 5 months.
It doesn't take into account any fees on the platform. Please note that....
Welcome to the new week.
Of course, the most interesting chart is BTC chart.
The global crypto trend relies on it.
So here are details of the technical analysis.
It looks pretty decent we must say
• We are in a positive micro uptrend
• Ascending bullish triangle observed – we are close to breaking $4200 and further $4300
• Volume - since...