BINANCE:QTUMUSDT QTUM did have a good raise last days. Today it shows many of bullish sign that makes me confident to give it another try. The bullish signs are including: - Double bottom pattern on daily chart. - MACD, macd line cross up zero line. - The Tenkan-sen crossover the Kijun-sen (of Ichimoku Kinko Hyo). There will have a small pull back of QTUM due...
BINANCE:QTUMUSDT After reached nearish top high at $3.69, QTUM entered a short correction ending up at Fib. 23.6% ($2.22). QTUM has gained its bullish since the start of May 2019, drawn 4 consecutive green candles that gives strong uptrend on indicators, including: + RSI breaks downtrend resistance, as shown on chart. RSI is facing 50 value, which is a...
BITSTAMP:BTCUSD After 504 days of bearish time of the 2017 bull run, BTC price has dropped 85% from its top high. Since Feb. 2019, BTC has gained good momentum and entered a bull run that pushes price up to more than 50%. From two simple and well-known indicators applied on weekly chart, which are the Bollinger Bands (BB) and the Simple Moving Average (MA50), one...
BITSTAMP:ETHUSD ETH is running to the end of 1st primary impulse wave. ETH will meet $200 before would have a correction (2nd primary wave) to ($137 - $124) area, which are Fibonacci 50% and 61.8% supports. After correction, ETH will keep its rising, as 3rd wave starts. A rising wedge pattern is marked on chart. It is a continuation pattern, which means ETH...
BITSTAMP:BTCUSD This rally of BTC has made weekly RSI entered bullish area (RSI above 50 value) for the first time after 462 days in bearish area. We are just in 1st cycle wave and there is more room for BTC to grow but in this year BTC will be in consolidation phase and the price can not break last top high near $20000. In short-term point of view, BTC is...
CRYPTOCAP:BTC.D BITSTAMP:BTCUSD As mentioned on previous post, BTC dominance (BTC.D) has strong influence to altcoin health. Prediction of BTC.D movement helps us better timing for next alt season. BTCUSD chart is attached to the chart for reference. ADX and DI indicator tells us that BTC.D is in a modest uptrend, confirmed by RSI indicator. Due to strong...
CRYPTOCAP:BTC.D As usual, after a pump of BTC it gets stronger and everyone wants to buy it. The demand leads to a sell off on altcoin market, resulting in a 3 to 5 times decreasing rate of most altcoins in comparision to the increasing rate of BTC. After BTC is cooled off, capital will flow to altcoins because of their attractive profit, causing altcoin...
BINANCE:BNBUSDT BNB is a strong coin, supported by world's biggest exchange - Binance. BNB entered a massively gaining on 1st quarter of the year 2019 due to lots of good news related to Binance exchange, such as IEO releasing, a lauching of new binance chain and a new dex (decentralized exchange). The rise of BNB recalls me the BTC bull run in last December...