Ripple (XRPUSD) did great and grew a lot in just a few days... We had a great chart out about this move. Now, things changed and prices are retracing... It is time for the smaller capped altcoins to grow. Here we have XRPUSD showing a lower high after a peak and prices breaking below EMA10. We will see lower prices and here I've marked the next support. Namaste.
Ripple (XRPUSD) did great and grew a lot in just a few days... We had a great chart out about this move. Now, things changed and prices are retracing... It is time for the smaller capped altcoins to grow. Here we have XRPUSD showing a lower high after a peak and prices breaking below EMA10. We will see lower prices and here I've marked the next support. Namaste.
Let's have a quick look at Bitcoin short-term. This is the BTCUSD pair on the 1H timeframe, let's read the chart. We can see prices moving below EMA10/50/100 and MA200 (black line). Bear volume starting to increase as soon as prices moved below MA200. The MACD moving below zero while curving down. Weak RSI below 40. Strong bearish candle on 2-Aug....
Swipe (SXPBTC) is bouncing now and multiple signals support this move. We have strong volume coming in, higher than the daily average. Prices bounced off the 0.618 Fib. retracement support level. The RSI is really strong and prices are moving above EMA50. On a close above EMA50 additional bullish action can take place with the next target being the magenta...
Binance Coin (BNBBTC) is getting back on track and we can notice a very strong green candle with bullish indicators. We can say that the retrace is complete and prices can resume going up. The first target is sitting at MA200 at 0.0021076 followed by 0.0026219. This is not financial advice. Namaste.
Did you get to see my XVGBTC trade idea with the classic ABC Correction? We are very likely to have a similar scenario develop for VeChain (VETBTC). This is not the only possible scenario of course but it is the most common one. After a strong bullish wave, it is completely normal to have a strong correction before any additional growth is printed on the...
Regardless if it happens in 3 days or 3 weeks, Verge (XVGBTC) will end up green. We mapped a perfect retrace on the 1st of July (see it below). Now that the 0.786 Fib. retracement level has been hit, which is also where MA200 is sitting at right now, Verge can work its way out of this correction and resume its uptrend. The thing is that the technicals are...
The newly formed uptrend for BlockMason Credit Protocol (BCPTBTC) remains intact... We can expect additional growth for this altcoin pair. The bullish bias remains above the last low at 0.00000160. If prices break and close below this level, the uptrend is dead and prices are likely to go lower. Any trading above this level and we expect a higher high on the...
This is it folks... Bitcoin (BTCUSD) peaked. Here we can notice a strong bearish divergence between Bitcoin and the MACD/RSI. We also have the Bitcoin CME Futures GAP which I wrote about on July 28... Prices are now clearly aiming lower. All the support levels are marked on the chart. Namaste.
We have multiple signals here telling us that the Loopring (LRCBTC) retrace is likely to be over... Let's have a look at those for learning and entertainment purposes. 1) First, we have a strong green candle today moving above EMA10 and EMA50. 2) We see that LRCBTC bounced exactly at the 0.618 Fib. retracement level relative to the bullish wave from May until...
The chart for ARKBTC continues to be solid/strong. Last week, when a Doji was printed, we saw a test of EMA50. This week, prices tested EMA10 but quickly moved back up. Now we have ARKBTC trading above EMA10 and EMA50 on the weekly timeframe which we call solid and strong. The MACD stays above zero and the signal line; bullish. The RSI is really...
I remember the "fight" between Ethereum and Bitcoin lovers... "On Ethereum is going to be #1..." "Oh no, its Bitcoin..." Well, Bitcoin is #1 for sure and that has always been the case... I confess, I am one of the Bitcoin lovers, but let's have another look now and see how things change. Bitcoin & Ethereum now move together... They are both ONE (1). We have...
This is it folks... Bitcoin (BTCUSD) peaked. Here we can notice a strong bearish divergence between Bitcoin and the MACD/RSI. We also have the Bitcoin CME Futures GAP which I wrote about on July 28... Prices are now clearly aiming lower. All the support levels are marked on the chart. Namaste.
Bitcoin seems unstoppable and we see prices going higher... Here I am sharing for your convenience the short-term "stops"/targets on the way to $13,764 ($14k). Below the current price, you can also find the different support levels starting with $10843 or EMA50. I hope it helps. Namaste.
Here we have Humaniq (HMQBTC), a low volume altcoin trading pair. With a recent break of resistance, in the form of a descending trendline and EMAs, we can expect additional growth. The next target is marked here at 45% from the current price and up to 84% on a strong jump. These targets can be hit easy... Just as we saw with the other altcoins that I shared...
I just shared a lev. trade for Bitcoin Cash (BCHBTC) since I believe it can go higher... Based on the signals coming from this chart. We have prices moving above the 100 periods Exponential Moving Average line with a strong RSI and bullish MACD. Everything is looking green and with a bullish Bitcoin, we can expect long-term growth for this and many other of the...
Ripple (XRPBTC) is now on the move again and gaining momentum... Here I am charting the next short-term target. We see prices testing below MA200 (black line) just to quickly move back up printing a "v pattern". This "V pattern" is a bullish signal and can lead to additional growth. The RSI, MACD, and trading volume all support this move as a real one. Make...
Bitcoin had a very strong close in July at $11350, hitting a new high and the highest price since August 2019... 1 year ago. This is a huge development and opens the door for additional bullish action. We've been aiming at the highs $13k/$14k on multiple timeframes if the $10400/$10500 barrier was taken out... This is true in the monthly timeframe as well. ...