There is a potential short-term uptrend on NANO/BTC pair. A bounce at the 0.5 fib level support will create divergence on the oscillators favoring some short term gains. The main trend is still down though. It has to complete the correction, before the upcoming massive 3rd wave up.
Same scenario on Bitcoin. Some people call it fractal, the rest just say "this time its different". Retest of 9k (minimum) is needed for confirmation as support zone before the bull run.
Complex correction on ICX, oversold levels like the majority of the alts while Bitcoin dominance approaching its peak. Very close to find bottom, but still has some downwards action after a small bounce.
Cardano lost more than 70% of its value after the all time high earlier this year. Is it a dead project or a great opportunity for a buy? As it gets closer to find bottom, it creates some opportunities for a short term swing trade or a "buy and hold" longer term one. Closer look on the hourly, its showing some strenght.
We have a very ugly WXY correction on NEO/USD pair. I dont see any clear impulsive waves up , so that leads me to an extended correction of WXYXZ . As you can see in the graph, the chances of going higher are good enough , but the chances of dropping after that are a lot more . Conclusion, potential bullish short term, bearish in a longer term.
While everyone is so busy with the ol' famous question "When moon Bitcoin, sir?!?" , Litecoin has a more "clear" answer to that. The only alt coin out of the big ones that has a clear impulsive wave up and shows that the correction is more likely over. But that doesnt mean that the only way from here is upwards. If you want to know whats gonna happen the next...
Low market cap, low volume ( may be volatile in a price movement ) . Falling wedge into the last wave of correction ( c ). Chances are it will bounce on the first box, hit the upper line of the wedge and then come back down to the slimmer box before taking off. As always, watch for divergence and VOLUME , volume is more important, especially on coins...
After an impressive 100% increase of the price ( up from 6k ), bulls are slowly running out of steam as bears are about to take over for the next days. Mixed signals for trend reversal or deeper correction. Bitcoin has to retest lower levels as there is still high demand on the 9k-10k area.
DGD seems interesting atm. I was gonna post this 15 mins earlier but there was an issue with my ISP. Technically it touched the slim box, but go easy on this, there is no DIV to confirm a reversal. Volume is slowly rising though.
ICX still in correction, looking for that sweet point B. Targets and entry points on the graph. Remember, BTC pairs are tricky, always keep an eye on Bitcoin !
Currently consolidating on 4th wave. Serious support is at lower levels but its on an extreme bull run and i dont expect it go that low. Entry and exit points on the graph.
We will get the answer around Feb 14th.
So Black Friday sales appear to be over. But is there gonna be a Cyber Monday ? I personnally believe that thats quite likely ! I want to see how Bitcoin will move in the next 50 hours in order to confirm its new bull run. I tried to keep the chart as clean as possible this time. On your left you can see some fib levels. They have the same starting point but...
BNB has picked a lot of momentum after it broke the recent down trend. RSI favors it but i believe it needs a little more fuel before the igniton! Most likely move to least likely: Orange path > Red path > Green path Same thing for the BNB/BTC chart, its over extended, but not for long. I expect a drop below 13675 sats, with strong support at 12200....
Notes : You are looking - as per always - at a log chart . This is a revised idea of my inital one ( ). Its based solely on Bitcoin's rally over the past year. Interesting ideas to check : As far as i know, tradingview has a bad precision on angles, i think it could be a lot better if it was possible to...
This is the perfect example of how hype drives the market. EOS has been moving mostly side was ( ups and downs) for about a month now. There is a big announcement coming on EOS in less than 20 hours from now. The past hours, while the market was trying to recover, EOS started its journey and it looks like its half way through. Targets are in the graph. They might...
If you have followed my previous idea, you would see that something like this was likely coming. Unfortunately the last bump delayed this by a few days ( 3 ). Thats ok, fear no more! This is the last correction on BTC - IMO. It would be much much better in the following 30 days ! Hold and dont panic! As always, when money is taken out of the market, the whole...
Seems like LTC is gathering some fuel before it takes off. Note that its performance is highly depended on its older brother - based on history .