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...
I just shared Siacoin (SCBTC) recently but people keep asking about it, this is a famous altcoin. Here it is... The general perspective is 100% bullish. We are now witnessing strong consolidation and all that is needed here is patience after you bought to let the chart fully develop. Any chart/pair can take multiple months to move from one level to the...
It is clear now that the bulls are taking the lead on EOSBTC... We are seeing a very strong bullish candle today. Prices are going above all the minor EMAs on increasing volume and bullish indicators. We are very likely to see EOSBTC grow some more... Here is the previous chart: Remember to always be patient... Buy and hold, to later wait patiently for your...
Ripple (XRPBTC) is preparing for another round of bullish action. We can see EMA100 tested as support and prices moving back up above EMA50, MA200, EMA10, and EMA200... Signaling that the bulls are coming back in with force. The trading volume is still low but we are on a Friday/weekend. The MACD and RSI both support a bullish move. Conditions for change...
Ethereum (ETHUSD) moves back to follow Bitcoin (BTCUSD). On the last move, ETHUSD went on to post a higher high while Bitcoin printed a lower high... The chart for Bitcoin was clearly bearish but Ethereum instead looked like the bulls had won. Now we have prices breaking below EMA10 on increasing volume and momentum building upon the drop. Bearish divergence...
Bitcoin (BTCUSD) is showing the first red weekly candle in the last 4 weeks while having low volume. We still have several days left this week but a red/bearish close/candle can signal a local top. If this week closes red, we are very likely to see BTCUSD test EMA10. EMA10 right now on the weekly timeframe is sitting at $10204.5. Bitcoin has been bullish...
Bitcoin (BTCUSD) is now aiming lower with multiple indicators showing bearish signals... It all depends on this next "critical support" level. The price for Bitcoin on the 4H timeframe is facing resistance at the EMA200 brown line. Right below this level, we have EMA300 as strong/critical support. This level decides what happens next. The range goes from...
About JUST JUST aims to build a fair, decentralized financial system that provides stablecoin lending and governance mechanisms for users around the world. JUST is a two-token system. The first token, USDJ is a stablecoin pegged to the US Dollar at a 1:1 ratio and is generated by collateralizing TRX via JUST’s CDP portal. JST, the second token, can be used for...
BitTorrent (BTTUSDT) is holding strong above EMA50 with increasing volume. The bears pushed down with no luck... While prices remained above EMA50, the MACD above zero, the RSI strong with the trading volume increasing/going up. We are likely to see strong bullish movement develop for this known altcoin. The next main target is clearly marked on the...
We just saw another shakeout take place while DigiByte (DGBBTC) retraced after a new peak was hit. Let me tell you that the uptrend is still intact. Today we ended up with a higher low for DGBBTC compared to 21-May. Right now we have early signals developing in favor of the bulls. We have above-average volume coming in. A strong bounce taking place just...
About Polkadot Polkadot is an open-source project founded by the Web3 Foundation. Polkadot is a sharded protocol that enables blockchain networks to operate together. The DOT token serves three distinct purposes: governance over the network, staking, and bonding. Source: Coinmarketcap.com Website: polkadot.network ------- Polkadot (DOTBTC) is new and we have...
Paxos Standard (PAXBTC) is now showing multiple bullish signals and a clear bullish breakout is about to take place. Let's start by looking at the chart patterns and signals. 1) We have the "Cup pattern", which is bullish in nature. 2) We also have the "3 Heads pattern" which is also known as "Inverse Head & Shoulders", also bullish. For the chart...
Ethereum (ETHUSD) moves back to follow Bitcoin (BTCUSD). On the last move, ETHUSD went on to post a higher high while Bitcoin printed a lower high... The chart for Bitcoin was clearly bearish but Ethereum instead looked like the bulls had won. Now we have prices breaking below EMA10 on increasing volume and momentum building upon the drop. Bearish divergence...
Bitcoin (BTCUSD) is now aiming lower with multiple indicators showing bearish signals... It all depends on this next "critical support" level. The price for Bitcoin on the 4H timeframe is facing resistance at the EMA200 brown line. Right below this level, we have EMA300 as strong/critical support. This level decides what happens next. The range goes from...