BigBitsIO

BigBitsIO 199 views ・

COINBASE:LTCUSD Has had an interesting 2019 already having a 7x move from ~20 to ~140. Now at ~60 there appears to be another momentum change approaching on the weekly chart. First notice that the forecasted MAs suggest a 50 over 100 weekly crossover sometime at the end of the year. This would follow a forecasted crossover for COINBASE:BTCUSD with the same MAs...

BigBitsIO 68 views ・

BINANCE:BATBTC has been moving great over the last few weeks, although progress will be hard to come by soon I think. Resistance is visible in the red box. Two times the areas circled in red in the red box held as support, but the price is now approaching from below meaning they could prove as points of resistance. The 50 day SMA is forecasted to cross above...

BigBitsIO 113 views ・

While many alt-coins like BINANCE:BATBTC are roaring at this particular moment, BINANCE:ETHBTC seems to have slowed down some. I've circled several areas on the candle chart in the idea snapshot that shows where ETH bounced from support, with a low Stochastic RSI which swiftly bounced. However, we are coming up against a long downtrend in the market indicated by...

BigBitsIO 76 views ・

COINBASE:ETHBTC has been looking pretty strong lately. On the weekly chart it appears to be one of the leading altcoins (as expected) in trading vs. BTC. The weekly chart has several indicators now trending towards bullish bias. The daily chart that I'm highlighting however is not as clear at this moment. I've circled two areas of interest on the price chart. ...

BigBitsIO 88 views ・

COINBASE:BTCUSD is having a rough few days. Price is dropping hard and it seems there isn't a consensus of where support will come in. I'm not willing to take a position just yet, but I do want to say that having the RSI already at historic low levels is a bad thing on the daily chart, it does represent some improvement. The major drop from 6k to 3k had RSI...

BigBitsIO 90 views ・

COINBASE:ETHUSD looks like it's in a favorable position for a long at this point in time. 1 - Price is holding above the 50 period SMA on the 4H chart, while at the same time the price has been trending down in a narrow range over the last few days. 2 - MACD momentum is turning. This does not mean a lot, but in order for it to flip to being bullish again, the...

BigBitsIO 244 views ・

POLONIEX:XRPBTC looks like it is in a good risk to reward position to go long on the weekly chart. The MACD is turning bullish if the weekly close confirms the crossover. Regardless, with the MACD already so low it would be pretty difficult to cross back down again without a major sell off. This is crypto, so I'll have to monitor that situation. Stochastic RSI...

BigBitsIO 60 views ・

What appears to be a falling wedge, and an extended period of time oversold on the Stochastic RSI makes me strongly consider going towards BINANCE:LTCBTC on the 4h chart. The same isn't entirely true for the daily chart here, but this isn't a longer play anyway. DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be...

BigBitsIO 152 views ・

BINANCE:NANOBTC has been taking a pounding, much worse than many other alts. NANO is still a top 45 coin on CoinMarketCap at the moment despite the continued bleed. Unlike many other alts, it didn't get a lot of relief this last week or so and is just now approaching its 50 day SMA, which is coincidentally a spot which had once serve as support as circled in the...

BigBitsIO 79 views ・

BINANCE:BATBTC is testing potential resistance. I've circled the past support at this current level in the past on the BINANCE:BATBTC daily chart. I'm not quite sure the market is ready for #AltSeason as BITSTAMP:BTCUSD appears poised for a major move soon. The RSI and StochRSI are nearly oversold or are already oversold. The price itself is approaching the...