Yesterday we shared a chart for ETHUSD (Ethereum) with a bullish bias... Here we are looking at it shorter-term (4H timeframe), let's see what we have. Prices for ETHUSD are trading above EMA10 while gaining momentum up. The indicators are bullish and everything is pointing to a nice jump... We are looking at $260 followed by $273 plus more... Here is the...
After our last chart/update, ETHUSD had a strong drop/reversal, the bears now have the upper hand. For Ethereum (ETHUSD) prices are now moving below EMA50 ($219). This signal is only confirmed once the daily candle closes. If prices close above EMA50 this signal is invalid. If ETHUSD closes below EMA50 or $219, then we are likely to test the 0.786 Fib....
Bitcoin (BTCUSD) just experienced a huge rejection at EMA50 and prices broke below all major support lines in the form of EMAs. BTCUSD is now trading below EMA10/50/100/200 and MA200. Finally, support was found at $8300 or EMA300. This is the next important support level. If EMA300 breaks (1), we are going to see Bitcoin go lower and hit $7900-$8000 which is...
Bitcoin (XBTUSD) is now trading within an ascending triangle and showing a strong/bullish chart... Let's take a quick look: Consolidation has been strong with prices staying always above EMA10. We remain bullish above EMA10 ($9105). The ascending triangle pattern is a bullish pattern, so more strength for the bulls. The MACD is bullish and the RSI...
Our last chart for Origin Protocol (OGNBTC) came in late January, on the 22nd, and this altcoin pair has been growing since... But, what happens next? With a bullish chart and prices trading above EMA10, OGNBTC is posed to continue growing. All the targets are marked on the chart. Previous analysis: Conditions for change This is a very strong chart with a...
KAVABTC (Kava) just hit the same support level (1,2) that was hit in Oct. '19 and led to a 140%+ wave... Similar results can happen now. Now that this support level has been activated, KAVABTC bounced and moved back above EMA10 after printing a higher low, indicating that prices and start to move up from here. On this chart, I marked the potential path and...
We've been tracking and trading ANKRBTC with great success... The chart looks full bullish, let's take a closer look. Prices are trading above EMA10 and MA200, meaning that the bulls are in control. If prices move and CLOSE below these levels, we switch our view from bullish to bearish. Above MA200, ANKRBTC can easily continue to grow (1). But if prices move...
Ankr Network (ANKRBTC) is now trading back above MA200 or 25 satoshis (0.00000025)... This is a bullish development. After a strong bullish wave that started in late Jan., ANKRBTC started to retrace. EMA10, EMA50, EMA100, and MA200 all were conquered and then tested as support. Now that these levels have been confirmed as strong support, the growth can...
DECENT (DCTBTC) just printed the biggest volume bar ever on the daily timeframe and the highest volume on the weekly since the 2017 bull market bull run... What will happen next? Below you can find the weekly chart for DCTBTC: Here we can notice that prices went flat while trading at All-Time Lows and now, after moving above EMA10, lots of buying printing a big...
One of my friends is telling me that Elon Musk is promoting Dogecoin (DOGEBTC) again and this can produce some FOMO and push prices up... But we don't trade based on fundamentals, so let's see what we can get from the charts... Let's start! Dogecoin (DOGEBTC) has been printing higher lows and doing solid consolidation. Prices are now challenging MA200 (28...
We have Ren Protocol (RENBTC) moving higher while gaining momentum... Prices are now aiming at new highs. The ATH for RENBTC is sitting at 0.00001396, which is just 55% away from current prices, here we are looking at the weekly timeframe. If the bulls continue to push, which looks very likely based on the signals coming from this chart, RENBTC will not only...
Yesterday, BKXBTC (Bankex) challenged EMA10 on increasing volume and peaked at 26 satoshis... At the same time, bullish divergence is being printed on both MACD and RSI... This is a friendly reminder that BKXBTC is getting ready to move. A new low was also hit yesterday which makes things easy for trading. - You can set a stop loss at 20 satoshis... Any close...
Here we are looking at BTCUSD (Bitcoin) on the daily timeframe. Yesterday, 5th-March, we had prices for BTCUSD move and close above EMA10 ($8984), switching the potential towards the bulls. EMA50 at $9095 is now being challenged and closing daily above this level can send Bitcoin flying towards the $9500/$9900 price range. EMA300 has also been tested as...
COSBTC is now moving above EMA100 (0.00000120), this opens the door for additional growth. Yesterday the biggest trading volume was printed in this cycle to try and break this resistance, EMA100, it pretty much looks like prices will close above this line (blue) today. The next target is clearly mkared on the chart. Namaste.
It's been a while since my last analysis on the XRPBTC (Ripple vs Bitcoin) chart... This is one of our favorites. XRPBTC printed a higher low on low volume... This retrace is coming to an end. Many other altcoins pairs have a similar chart, a strong retrace that produced a higher low, and ended up in a strong bullish breakout, this can happen for Ripple as...
It's been a while since my last analysis on the XRPBTC (Ripple vs Bitcoin) chart... This is one of our favorites. XRPBTC printed a higher low on low volume... This retrace is coming to an end. Many other altcoins pairs have a similar chart, a strong retrace that produced a higher low, and ended up in a strong bullish breakout, this can happen for Ripple as...
HBARBTC (Hedera Hashgraph) resumed its growth and is now gaining in bullish momentum... Let's see what we have here. On the chart above, I marked the most important resistance levels based on Fibonacci proportions with magenta dashed lines. I used the color blue for support levels (dashed blue lines for support). The MACD is showing a bullish cross. The...
ETHUSD (Ethereum) conquered EMA50 (1) back in early January 2020 and recently tested this same level as support (2). With EMA50 confirmed as support (prices remain trading above this level), ETHUSD can resume its growth. EMA50 here is marked with a magenta line and is sitting at $218.60. Now that EMA50 has been tested, EMA10 ($232.15) is being challenged with...