The days of long waiting are over, we are approaching the apex of the triangle we have been moving for so long at. Currently btc is trading at $6592 as shown on our chart is that it will soon make another attempt to break the downtrend, which we think has a good probability to break and once that happens, bitcoin will be freed on its way up in that uptrend...
BINANCE:SCBTC Siacoin is completing a bullish Cup and Handle formation. With such a gap in volume profile a breakout above 114 sats would bring a nice green candle to potentially 155-162 sats. We are conservative and we choose a lower target at 127 sats. They also announced a very positive hardfork that would surely bring more optimism in the Siacoin...
BITFINEX:BTCUSD Bitcoin volatility is finally back! After almost a week of consolidation and sideways movement, bitcoin has finally taken a step forward tonight. We saw a dip next to the bottom of our uptrend channel, seen on the chart. Price fell straight into the support line of $6430, where bulls managed to hold back. As you see this is a critical level...
BTC Update 01.10.2018 With market moving absolutely sideways past few days we haven’t had much opportunities to catch a profitable trade. Hence we spend the time trying to predict the next move of the market and upgrading our set of tools for analysis. Currently as we’ve shown btc is trading into an ascending channel that will lead us to test the upper...
BITFINEX:BTCUSD Alright, a good week for scalp trading bitcoin has passed. Swing traders had one good opportunity to long. Our last update we predicted if we don't hold 6500, we will be going down and we dipped to as low as $6350 levels. After the nice bounce its visible bitcoin is trading in an uptrend channel. That channel if not broken will lead us to our...
BITFINEX:ETHUSD studying the eth usd chart looks like we may pump some more if we break that middle yellow line in the middle of the channel. lets see : ) targets should be 226 usd. if we get rejected in the middle the odds are to test the bottom trendline of the channel.
BITFINEX:BTCUSD BTC Update 24.09.2018 Bitcoin almost reached our predicted target at $6900 zone and was unfortunately rejected in the short term for now. As now everyone is watching at that descending triangle formation it was predictable that market makers wouldn't allow the price to touch the trendline from the first attempt. Currently we have two possible...
BITFINEX:ETHUSD after amazing gains, eth is overdue for some small retrace. Lets see if we can catch this and open another profitable long position targets indicated
BITFINEX:XRPUSD Short at given area targets shown in red
BITFINEX:BTCUSD Bitcoin is currently chilling in the $6400 area. After yesterday's rally we had a nice bullish engulfing candle on the 1H chart. As we suspected the retracement from that impulsive move was very bullish, also to the first fib line, which indicates that at this point bears are hesitant to push the price lower so they don't get trapped again. We...
bounced off support 2 times, now with btc recovering we may see 2 targets hit
BINANCE:CNDBTC CND hit 0618 fib, small bounce expected and then downtrend continues. Back to ~200 sat levels.
BITFINEX:BTCUSD We are doing a bit larger timeframe chart this time. This is a representation of our old chart on Bitcoin as you will notice is trading into a descending triangle. Today some fud was released about Tether being disfunctional that caused a pure manipulative drop down to the support at $6200. It is the weekly support levels and we anticipate it...
BINANCE:ETHBTC According to our analysis ETHEREUM has some more fuel in it after the drop. We see it going to hit both targets Target 1 - 0.03648 Target 2 - 0.0402
BITFINEX:BTCUSD BTC has been moving in range during past few days. In our previous update we said the targets that we aim for. First significant resistance is at $6700 area, where it is possible after a rejection to see a small retracement. However if we confirm a breakout by closing a 4H candle above this triangle, we should be aiming for higher...