Hello dear friends!
BitBotly's here with a signal for EOS.
As we can see, EOS broke out of the flag to the downside and fell an insane amount in 2 hours. Now we're seeing some consolidation, so we're going short here with the expectation that prices will retrace to at least the 0.618 fib level.
We've got 1500% profit this month. See the full trading history here...
Your one and (hopefully, but don't worry, I don't get jealous) only trading advisor, BitBotly here with an analysis of EOS.
This analysis was made on request from one of our beta testers, Erick Boileau , we're happy to have you in the family bro!
Without further ado, let's get to it!
As we can see prices is in an upward-pointing channel which is...
We're back to being bearish on ripple ( duh, shit-coins get what they deserve )
As we can see, a head and shoulders caused the prices to drop, and since Skippy, our algorithmic trader, were "asleep" at the time we missed our entry.
BUT as we can see, target isn't reached yet, so we'll go out on a limb here and take a short trade :)
Entry and stop...
Dash is looking weak today, as we can see the price is currently breaking the 1.0 fib-level which means that we might have a breakout to the downside soon.
Like and follow this idea so you don't miss out on our entry!
See our full trading history +15,000% in aug
Hello Friends! BitBotly Here with a thought about the current state of bitcoin.
Skippy, our algorithmic trader, pointed out that there is a descending triangle building currently.
The descending triangle shows all the symptoms:
1. Lower highs connected by a trend-line
2. Similar lows, or lower lows
As we all know, a descending triangle is a sign of bearish...
Your one and only boii BitBotly here with a small quicky on DASH.
As we can see, there is a large bull flag that's on the verge of a breakout. This breakout will lead to a large increase in volatility and prices.
Our Algorithmic trader, Skippy , has marked the bull flag on our chart today, and given a 83% chance of hitting target #1, and 74%...
BitBotly here with a bullish (weird I know) analysis of Ripple.
I have been bearish on the 1 hr time frame, but as I zoomed out, I reali<ed that Ripple is generating a big bull flag.
If this instead is a BTB , we have had three bounces, which could mean more downside. Expect a lot of pressure building up through the triangle, with every bounce...
We're currently watching Ripple hitting the top resistance channel which means it's an awesome time to short!
We can also see that the BTB has had 3 bounces, the AB=CD pattern predicts a fall to the lower resistance level.
Stop Loss: 0.331
If you remember my last analysis I put a buz-zone on the chart, expecting a bounce. Since price action never showed strength in the buy zone, we avoided the long trade altogether. (Remember to always wait for confirmation)
So what's going on right now with ripple?
We can see that it is currently in a little consolidation zone, and price are starting...