We waited for the weekly candle to close for BTCUSD (Bitcoin) to see if prices would either close above or below MA200 at $5524... MA200 failed to hold and now EMA300 ($4740) is being challenged... What happens next? The trading volume is really strong on the drop, it is the highest since November 2018 and there is surely additional room for a drop. If prices...
Peercoin (PPCBTC) is starting to wake up after a new all-time low and years of bear action... Let's take a look. Let's start with the long-term chart, here we have the ATL sitting at 0.00001950: Over 12,000 potential profits from current prices to our ATH (we are using Nov. 2016 peak prices as all-time high). Consolidating since July 2019. The RSI just...
Aeternity (AEBTC) just had a strong bounce and is trying to recover. Even though prices moved below our 'MAIN SUPPORT' and a new low was hit, the week closed above the 8-Jan low (0.00001616) which maintains the bullish chart structure. Back to the chart above, looking at the candle printed on the 13 March, this looks like a bullish hammer. This is a reversal...
The chart for Bank Of America (BAC) is looking bad long term, there are many signals pointing to a very strong drop. The last time this company had a crash, it shredded over 95% of its value... The same might happen again. Let's take a look at some of the signals: Let's start by looking at Divergence , you can spot this marked with a light blue line on...
My dear cryptocurrency traders here is one of the top altcoins projects out there... UnikoinGold (UKGBTC) is showing a strong and bullish chart, let's take a look! Prices are now trading above EMA100, which has been rejecting UKGBTC since August 2019. Trading above this level can lead to massive growth. The MACD is on the bullish zone and ready to jump... Let me...
OSTBTC printed a higher low compared to August 2019, when most of the major altcoins hit a low point. Right now prices managed to close above MA200 which opens the door for additional growth... Full trade signal below! ---- Trade: OST | OSTBTC BUY: 0.00000125 - 0.00000145 TARGET: 1) 0.00000170 2) 0.00000190 3) 0.00000222 4) 0.00000255 5) 0.00000305 6)...
Just a quick follow up on my last update for the SPX... I see more red. After prices dropped the first time I was expecting a bounce and it took place... Now we are seeing a higher low... It won't do much. I believe there will be another failed attempt at resistance before prices start to move lower. The Coronavirus situation will get worse before it is fully...
Just a quick follow up on my last update for the SPX... I see more red. After prices dropped the first time I was expecting a bounce and it took place... Now we are seeing a higher low... It won't do much. I believe there will be another failed attempt at resistance before prices start to move lower. The Coronavirus situation will get worse before it is fully...
The BTC Dominance (BTC.D) chart is showing multiple bullish signals... Is Bitcoin about to go up? First we notice the ascending triangle, which is a bullish pattern. Prices are now trading above EMA10 while challenging EMA50 and EMA300. We have a reversal candle on the 13 March. Both the MACD and RSI are bullish and strong. All these signals are...
We waited for the weekly candle to close for BTCUSD (Bitcoin) to see if prices would either close above or below MA200 at $5524... MA200 failed to hold and now EMA300 ($4740) is being challenged... What happens next? The trading volume is really strong on the drop, it is the highest since November 2018 and there is surely additional room for a drop. If prices...
Good Saturday my fellow cryptocurrency trader, how are we feeling today? We are waiting for the weekly candle closure for the next Bitcoin (BTCUSD) weekly (W) update. While we wait, let's take a look at the daily (D) timeframe, here I marked the different important resistance and support levels on the chart, we are also going to be using longer period EMAs......
ZILBTC (Zilliqa) has been printing a series of higher lows and bullish/green volume is now becoming predominant on this chart. MA200 (black line) is being challenged as I write this. This indicator right now is sitting at 68 satoshis (0.00000068), as soon as ZILBTC manages to conquer this resistance, we can see its price starting to move up. Conditions for...
Good Sunday my dear cryptocurrency trader, here we have for you the Bitcoin Cash (BCHBTC) daily chart. Today I would like to share with you the bullish targets for Bitcoin Cash, meaning, the levels at which BCHBTC will find resistance on the way up. On the 12-March BCHBTC had a very strong drop, but the candle that followed on the 13 produced even bigger jump...
Let's take a look at the GTOBTC (Gifto) chart, I believe this one will go for MA200 once more. GTOBTC Chart Signals Increasing volume. Break above EMA10. Challenging EMA50. Falling wedge (bullish pattern). RSI bullish. Bullish divergence with the MACD. Our targets are clearly marked on the chart. This same altcoin trading pair on Bittrex is...
Most of our altcoins retraced together with Bitcoin just to leave behind a very long-wick and prices rushing to quickly move back up... But what will it be, more down or reverse up? This all depends on our "decision point", in this chart this point is sitting now at MA200 or 0.0003850. Above this level, EOSBTC can easily start growing again. Below this...
Ontology Gas (ONGBTC) just hit a new All-Time Low (ATL) but the weekly candle close will be really strong... This in turn will send out a bullish signal. ONGBTC is now trading above EMA10, EMA50, EMA100, and MA200 after hitting a new ATL. Trading volume is also really high today. What this signal is the upcoming change of trend. You can find additional...
Good Saturday my fellow cryptocurrency trader, how are we feeling today? We are waiting for the weekly candle closure for the next Bitcoin (BTCUSD) weekly (W) update. While we wait, let's take a look at the daily (D) timeframe, here I marked the different important resistance and support levels on the chart, we are also going to be using longer period EMAs......
STORJBTC (Storj) just moved below MA200 and bounced, printing a long-wick, when it hit support... What will happen next? We have prices trading in between MA200 (0.00001510) and support (0.00001124). If prices can remain above support and break MA200, then we will see STORJBTC move up with strength (green arrows). But if instead STORJBTC moves lower and...