Hello Traders! Today’s analysis will be on Bitcoin’s recent developments, Bullish Divergence and CME futures gap filled, could a bounce be more probable from current rage? There are a few technical indicators that point towards a market bounce Points to consider, - Clear bullish divergence on hourly timeframe - Major resistance at .236 Fibonacci level - Major...
Hello Traders, Welcome back, today’s update will be on ETHUSDT , an epic short from previous technical analysis!, will ETH continue or rebound back, IMO I think we’ve still got further downside potential… Points to consider - Respect of the .236 Fibonacci Level, in confluence with daily support - RSI grinding on its resistance - Local resistance at .50 Fibonacci...
Hello Traders! BTC breakout came to fruition, major structural support broken, hope you all profited from this long awaited breakout! What Now? Points to consider, - Key structural support broken, now resistance - Price testing lower support, in confluence with .50 Fibonacci Level - Important CME gap filled - $8490 - $9053 - Volume climax - RSI severely...
Hello Traders! Another update today, this time it’s AUDUSD pairing, possible triple bottom? Points to consider, - Major resistance at 0.688 - Price retraced back to .618 Fibonacci level - Stochastics showing upwards momentum - RSI broke out of its apex - EMA’s projected to turn bullish - Bull Volume has been increasing The AUDUSD pairings has had a major sell...
Hello Traders, Today’s update will be on XRPBTC from previous technical analysis, the retrace happened, what next? Points to consider - Price retraced and tested new support (R/S – flip retest) - Price respected .618 Fibonacci Level - Local resistance is .382 Fibonacci Level - EMA’s giving price resistance - RSI respecting trend line - Volume Declining...
Hello Traders! Today’s chart update will be on ICXBTC pairings, Potential Ascending Triangle, Points to consider, - Trend currently bullish on 240 timeframe - New Higher Low potentially in place - Structural resistance in confluence with .382 Fibonacci Level - Stochastics showing upwards momentum - RSI bouncing of local support - Volume extremely low - EMA’s...
Hello Traders, Hope your enjoying your Sunday! Today’s chart will be an update on ETHUSDT paring, potential bearish divergence or a continuation? Points to consider - Current parabola trend - Consecutive Higher Lows in place - Respected resistance - Testing local support (Potential New Higher Low) - RSI coming into apex - Stochastics in lower levels...
Hello Traders! Welcome to another update, Today’s chart will be on ADABTC pairings, potential trade setup Points to consider - Trend recently putting in higher lows - Price tested major resistance - .618 Fibonacci Level - RSI testing upwards trend line - Stochs showing upwards momentum - EMA’s giving price support - Volume increasing, above average...
Hello Traders! Late but an update on Bitcoin! Times ticking break outs coming… Points to consider - Trend is technically putting in higher lows - Bull impulses getting smaller, Breakout Imminent - Volume rapidly declining - RSI neutral - Stochastics neutral - EMA’s neutral - Still no trade till breakout Bitcoin really is on the verge of a breakout as all...
Hello Traders! Today’s update will be on XRPBTC coming out of a nice strong breakout with convincing volume! Points to consider, - Strong resistance broken - Volume climax - Support at .382 Fibonacci (S/R Flip) - Stoch’s showing downwards momentum - RSI testing structural support, needs to return to neutral territory - EMA’s yet to meet price XRP has broken...
Hello Traders!, Another chart today worth having a look, LTCBTC Inverse head and shoulders break! Points to consider, - Trend coming out of bear market - Broke resistance and neckline - Increasing bull volume - RSI in overbought territory - Stochs in upper region - EMA’s holding price support - Perfect respect of the 1.414 Fibonacci extension Litecoin...
Hello Traders, Welcome back to another update, this time on BTC, The Calm Before The Storm! Bitcoin has been trading within a very tight range coming into its apex within the macro descending triangle formation. Usually this is a bearish formation, however coming from a very strong impulse move up, we can literally break either direction… Points to consider...
Hello Traders! Welcome back to yet another chart, Today’s chart will be on ETHUSD’s recent developments Points to consider - Potential daily lower high in place - EMA’s turning bullish - Price broke through resistance , .618 Fibonacci Retracement - RSI broke its resistance - Stochs in upper region - Bull Volume increasing ETHUSD has had an impressive...
Hello Traders! New Week Monday Today’s chart will be a bit different, we will have a look at the longer term projection of BTC, remember this is pure speculation, no certainty… Points to consider, - Parabolic rise that retraced and held support - RSI held above 60 in the bull market - Stochastics traded above 70 in the bull market - EMA’s held price as...
Hello Traders, Another chart worth having a look – Telstra Corporation Limited ASX Points to consider - Monthly double bottom - EMA’s turning bullish - Broke resistance, turned potential support - Stochs testing upwards region - RSI Testing upper level resistance TELSTRA is looking quite similar to previous price action before a 92% rise in value! We...
Hello Traders, Welcome back to another chart, Today’s chart will be on the MJ sector – CRON Points to consider, - Price is trending bullish up retest of trend line - Local resistance a .618 Fibonacci Line - RSI coming into apex - Stochs testing resistance - EMA’s giving price resistance at current given time - Volume is well below average - VPVR, showing...
Hello Traders!, Update on recent BTC developments!, New potential formations on the chart, Hourly Inverse Head and Shoulders! Points to consider, - Potential Inverse head and shoulders - Trend is currently consolidating - .618 Fibonacci acted as support - Price testing neckline - Potential Triple top if price meets calculated target - RSI respecting up...
Hello Traders! Today’s chart will be on EOSBTC, potential bullish divergence! Points to consider, - Bullish cross on EMA’s - RSI broke resistance - Volume picking up slightly - VPVR showing low volume of transactions - Price putting in lower bottoms as RSI puts in higher bottoms (Bullish Divergence) EOSBTC is looking quite interesting on the daily...