The chart above is pretty self evident. Short Term stay in cash. I find it interesting that BTC has bounced off of the 365 day MA, will it hold? At this point opening trades on BTC is closer to gambling than trading. I am still long term bullish on BTC but if the Recovery Ascension Line I've drawn is violated and a candle closes below it we are going to 6510...
Hi ! First try. XVG makes a nice Cup and Handle, Volumes goes down. Waiting for breakout confirmation. Buy signal around 0.00000880 and 0.00000915. I accept all advices, thank ! This is not financial advice bla bla bla bla.....
Verge - 23rd on Coinmarketcap.com Waiting for XVG to make the C leg down. Placed buy orders on the .786 and .88 fib levels.
After some classic buy the rumour sell the news action, Verge is in a free fall right now. Look at the bearish Div on RSI and Stoch, the double death cross on the 4h and the extended 5th Wave which usally indicates that the retracement will be very deep. I am not saying that we might have a bounce here and there but the bottom should be around 480-600 Sats where...
We have a classic price action setup forming! 4 of my favorite price action criteria's in one level zone: 1. Strong support 2. Support crosses with trendline 3. Crossing happens exactly in Fibo 70.5% level 4. And those criteria's supported with EMA&MA200 in this level zone. *5. There we need some bullish price action from candlestick also (Hammer, Morning...
BITCOIN BTC 1 day chart - Is playing a very nice descending wedge - Histogram is not showing me any sign of bullish divergence - RSI making higher low and not showing me any bullish divergence - Willy plot is showing me a nice W ( W structure = bullish ) - Willy MA moving below the -50 into bearish territory - I do think BTC is in a bit of a no mans land area...
Selling seems to have cooled off Bullish divergence Use fib levels as a rough guide as to when to take profits
Shrank the target box just for sh**s & giggles.
Verge (XVG) seems to be struggling after the news came out. This coin has a huge community backing it up. So, there will be a turn around soon. Especially considering that there will be some events in mid and end june. But for now the next few days, you might lose some money with this coin. I think that there is around 10-15% loss potential right now. The advice...
My Assumptions: 1. Bitcoin doesn't do any crazy moves. 2. The Verge team screwed up the chart with the overhyped announcement of the partnership with Pornhub. Some people may have lost their believe in XVG. 3. The spike around the date of the announcement doesn't count. 4. The Fans of Verge are strong hodlers. My Predictions : We're looking at the 4h chart,...
Verge entering a buy zone here, was hesitant to proceed but looks like there is a chance BTC will give alts a time to shine. Not much to say on this one, price is in an accumulation area, bullish divergence (not shown) and sell volume decreasing. Price targets are not time dependent and are shown in their current location for reference only. Will take SL at -5%
# Weekly Looking at our highest timeframe price has formed a lower high at 1300 satoshis, followed by another lower high at 900 satoshis. Stochastic RSI showing momentum is heading towards the downside, next support level at 500 satoshis. # Daily Shifting over to our pattern timeframe we see price broke it’s uptrend and is now respecting our daily downtrend....
Verge (XVG) new entry (buy in range). Verge upcoming events (these are factors that can affect a coins price possitively): - Verge (XVG) - Amsterdam Meetup (9-June). - Verge (XVG) - Verge Social Network Launch (30-June). Verge Trade Analysis by Alan Masters TRADE INSTRUCTIONS Buy in: 0.00000590 - 0.00000710 Verge (XVG) Targets: (1) 0.00000949...
This is what i can see in my chart, i am not a pro TA maker so take everything you see here with a grain of salt.... actually a lot of salt. also this chart points towards some patterns which need still to be completed,confirmed and supports that will need to hold. Any suggestion or correction will be very welcome. D1 MACD has crossed, RSI seems to need a bit of...
wait for 600-550 area to buy, may break the triangle down, be careful.