weekly charts

the BLX chart has the cryptomarket charted since 2011 and during that charts entire existence we have always held support above the 200 week moving average (in blue) We have now touched it again and are seeing a relief bounce....judging by the weekly stochrsi we will likely see a nice bounce here. However I think t his rally may be temporary I think we may ...

For a variety of reasons I no longer believe that $2,718 will be the bottom of the 2018 Bitcoin’ bear market. I am now very confident that we will return to $1,000 before finding a bottom. That is due to Tyler Jenks’ hyperwave theory and the Point of Control on the Visible Range Volume Profile with > 2 year look back | Calling for $35 ETH before the end of 2018, ...

DJIA is headed lower tracking investors rotation from stocks into 10yr T-bonds. I am seeing the index breaking down towards 22-21k. Oil has already shed considerably and metals are trading lower too which effects Dow Jones Industrial sectors. Technically we breached a weekly Insidebar to the downside and traded back which gives us an opportunity to get back into ...

Please don't trade based on my technical analysis alone. This is only meant to provide you with new ideas and new insight to improve your own unique approach to trading. I don't expect to accurately predict what the price will do. I just enjoy imaging different scenarios that could happen. Enjoy! Altcoins have been on a dramatic bear run ever since topping out in ...

So, it seems I over-estimated BTC. It doesn't pump as expected, until not yet, we still have half a day until the weekly candle close. If no miracle happens, and the weekly closes like this, this would be certainly a very bad sign, and we would continue to dump down to the SQRT support, at around 2k. The question then is, what will happen in 2019. Two ...

Some quick but important analysis on the weekly chart of bitcoin as we enter the middle of December 2018..... firstly PLEASE click on the thumbs up/like button and leave a comment below if you have any questions or thoughts on this ...

Hi fellows, There is an excellent R:R short opportunity on this trade. Price may retest prior week's high so be cautious when opening a position.

History doesn't always repeat itself but it often rhymes.

Bitcoin clings to the last reference support, unfortunately it does it below the R & S and far from the horizontal support. These conditions make the analysis very difficult and subjective, leaving no option but to wait for it to generate an analysable structure according to my system. The next important support is at 2500. I'm not saying that I think BTC is going ...

I have been shorting LTC/BTC for days now. I believe technically that it can reach this target. What are your ideas on this coin?

LTCBTC has been holding quite strong despite how other coins have seriously dropped in prices. However, this coin has the potential to fall more based on some little technical studies. We found this analysis on two measurements. 1. The 38% and 50% Fibonacci retracement levels: You will notice a support and resistance were formed at 0.00759 and 0.00985 on the ...

Whats up everyone ? Coming back with a position trade, we are holding since 4 weeks on GBPCAD. The trade was first taken on the 4h timeframe bases, but as we zoomed out our take profit got larger. We are now on a daily timeframe analysis with two correction levels marked in yellow boxes. Our entry was at the top of level 2 correction and is now in profit +350 ...

The weekly timeframe seems to clearly show where the sellers are pushing the price of Bitcoin to. Or are we going to have a retracement to test the $5000 resistance area at the end of this week, as the RSI approaches the oversold region? Please share your ideas?

Look in buy in the 104 to 95 price range

Stochastics(60,3,3) below 50 on confirms downside bias

Hello, The descendig triangle target has pretty much been reached. The 200 week MA seems to be supporting the price. The RSI is touching the oversold condition. I would not be surprised with a relief rally into the 128 week MA, around 5k, before resuming the drop. Best regards, Alexandre Simões

Seems like my weekly rsi is different or lower from other's who may be at 30. I am below 30. Why is this?

The 3-week RSI is the same as the support in 2013. It's probably good to see the holder holding and the volume growing. That support line drawn on the chart is where the last part of my capital will go. All-in to the new top.