Here we have a very fast and steep decline for STPTBTC followed by a strong bounce in prices. If prices drop really fast, it is a signal of a correction. In a bullish cycle, we can see fast drops followed by sustained growth. If we were to have continued bearish action we would see slower drops when prices are moving lower. We also have low volume on the drop...
The S&P 500 Index (SPX) just printed a candle that signals a stop... It is early to call it a top if we go by candlestick reading but this market is now undecisive. If we have a weekly close below EMA10 we are very likely to see a huge drop of up to 8%. (-8% for the SPX) We already have strong bearish signals developing on the daily timeframe... The bears...
The S&P 500 Index (SPX) just printed a candle that signals a stop... It is early to call it a top if we go by candlestick reading but this market is now undecisive. If we have a weekly close below EMA10 we are very likely to see a huge drop of up to 8%. (-8% for the SPX) We already have strong bearish signals developing on the daily timeframe... The bears...
Bitcoin (BTCUSD) is now aiming at $9100 or EMA50 on the weekly timeframe... Hit LIKE to get started! Last week we got a higher low and also a candle close below EMA10, signaling a switch from bullish to bearish short-term. With prices now trading below EMA10, Bitcoin is aiming lower. The next support is sitting at $9100/$9250. Marked by EMA50 and the...
Bitcoin (BTCUSD) is now aiming at $9100 or EMA50 on the weekly timeframe... Hit LIKE to get started! Last week we got a higher low and also a candle close below EMA10, signaling a switch from bullish to bearish short-term. With prices now trading below EMA10, Bitcoin is aiming lower. The next support is sitting at $9100/$9250. Marked by EMA50 and the...
We just had a look at the TOTAL and OTHERS.D charts... They both look bearish. Now we are looking at TOTAL2, which represents the total market capitalization for cryptocurrency excluding the KING... BITCOIN. To keep it simple... Regardless of the bounce or no bounce... The TOTAL2 chart is aiming at MA200. In other words... The crypto market cap. excluding BTC...
Here we have the OTHERS.D chart... Looking bearish like the TOTAL chart. Here we have higher highs and higher lows but with mixed signals... First, big bear volume is coming in this weekend. Change tends to happen at the end of the week because there are fewer people watching... The whole game is based on the few taking money out of the many so the bots are...
According to the Crypto Total Market Cap. (TOTAL) chart, crypto is going down... This can be just a correction that will end in a higher low, which is a bullish signal but Bitcoin and the TOP10 altcoins are aiming low based on the signals coming from the chart above. In the past two days, we have the highest bear volume since May 2020. This high volume to...
Ok... I know what's on your mind... Hit LIKE to get started with this analysis now! We predicted Bitcoin (BTCUSD) hitting around $9600 but... As soon as this happens a new question comes up... Will it resume growing or will it go lower? Let's keep it simple shall we? Bitcoin is very likely to go lower. Now, I am not saying this based on upcoming news...
About Maker A better money Digital currency that can be used by anyone, anywhere, anytime. Maker is a smart contract platform on the Ethereum chain that backs and stabilizes the value of stablecoin DAI through a dynamic system of Collateralized Debt Positions (CDP), autonomous feedback mechanisms, and appropriately incentivized external actors. MKR tokens are...
Ok... I know what's on your mind... Hit LIKE to get started with this analysis now! We predicted Bitcoin (BTCUSD) hitting around $9600 but... As soon as this happens a new question comes up... Will it resume growing or will it go lower? Let's keep it simple shall we? Bitcoin is very likely to go lower. Now, I am not saying this based on upcoming news...
We have another higher low for Theta Fuel (TFUELBTC). We stay strongly bullish above MA200, EMA200/EMA300. Currently, prices are also trading above EMA100 which held as support recently, and EMA50 which is being conquered today. As soon as prices move above EMA10, the green line on the chart... We can expect prices to move up again. Note: Additional...
Here we are looking at QuarkChain (QKCBTC)... Let's play a game. This pair is trading near strong support marked by the 0.618 Fib. retracement level as well as MA200... The bullish action can easily resume here. We also have the 0.786 Fib. retracement support... If prices go lower, this is very likely where the next move will start to form. I am predicting...
Decred (DCRBTC) is showing bullish divergence with the MACD and RSI... This is a strong signal. At the same time, DRCBTC is trading at All-Time Lows, literally. The STOCH is oversold and trending up. The RSI is looking strong at low prices. The MACD is still bearish but showing bullish divergence... These signals are telling us that DCRBTC can easily move up...
Loom Network (LOOMBTC) has been growing since the mid-May low printing higher highs and higher lows. The last jump peaked at 0.00000456 with a bounce taking place at 0.618 Fib. Hitting this support level, the 0.618 Fib. retracement support can signal the end of the retrace... We stay strongly bullish above this level. If LOOMBTC can stay trading above...
About Tap (XTP) Tap offers one-stop services for cryptocurrency participants and aims to remove financial boundaries by supporting connections with banks and exchanges. Tap offers a Mastercard to EU and UK residents. Tap claims to hold a DLT licence from the GFSC and claims to be the only company in its sector regulated to hold fiat and crypto. After depositing...
Golem (GNTBTC) has been holding nicely above EMA10 after the 22-Aug. peak. This is a tough chart to trade of course, but the potential is clear for prices to move straight up. Conditions for change If prices move and close below EMA10, we are likely to see a drop that will hit at the least 0.00000839 or EMA50. This is not a piece of trade advice. Make sure to...
I am looking at Golem right now, GNTBTC, and we can see really high volume. Yesterday's volume bar is as big as the one printed on the 15-Feb. when a peak was hit. Prices also moved and close above EMA10/50/100 and MA200... Which tells us that the bulls are now in control. Chances are GNTBTC will now resume its move up. Conditions for change If prices for...