Based on this 900+ day resistance trend line for LTC, what seems to be the next logical price movement? Place your bets.
I've been trading BTC for years at this point. I have seen many equilibrium patterns play out. This particular BTC EQ pattern is one of the largest I have seen. It will break. In Bitcoin, market contraction leads to market expansion. There is no telling if it will go upwards or downwards. The most important thing to do is be in a position to react appropriately to...
Tezos just saw a 20% move off of its current trading range around the $1.00 area. I believe smart money will begin taking big positions in this coin at this time as they accumulate XTZ these low prices and prepare their positions for the next Bull Market. This is a coin and a project to keep your eyes on.
Hooray!!! BTC 3-Day Golden Cross not seen since 2016 confirmed. Hopefully, this will shake up the price action and break the monotony!
If anyone was around for the 2017 #NEO run, we all know how this one plays out. I'm not missing it this time around. #LONG
BTC has been on fire. The weekly RSI is at levels not seen since the December 2017 $20k top. This is an idea based on the BTC 60-day cycle. The RSI is showing Bearish Divergence, which could signal that buyers of BTC are becoming exhausted at these levels. Based on the 60-day cycle and the bearish divergence, there is a possibility that BTC will pull back to...
BTC is looking like a coiled spring ready to take off and test the $6,000 level. BTC has touched the Fib levels perfectly as it has laid out a series of higher lows and higher highs. I would look for BTC to break out of this Bull Flag to meet resistance around the $5,800-$5,900 level. After that, who knows? That $6,000 order book is going to be big.
Looks like BTC is forming a clear Bull Flag Pennant. If it breaks out, I would look at the $5,500 resistance zone as a next target.
Tezos fundamentals are looking strong as it breaks out bullish from a long weekly EQ pattern. Major Bullish RSI divergence. Increased accumulation volume. First on-chain protocol upgrade almost complete via formal verification! If you understand 3rd Generation blockchain tech, you may want to start building a position w/ XTZ at these prices:)
ETH/USD is about to have a Golden Cross on the 12 hr chart. Let's see if this signals a major momentum change and we start to see ETH head upwards past $200 and beyond. This indicator if realized could identify a great time to add to LONG positions for ETH.
Disclaimer: This chart was inspired by a popular Youtuber and experienced trader. It's an important trend which should be shared and studied. Based on Bitcoin price action in 2014/2015 Bear & Bull Market, the 50 day and 200 day moving average crossovers were clear indicators of the beginning and end of the Bear and Bull markets. Based on the current 50 day and...
(Disclosure: Another user posted a similar chart pattern. I wanted to emphasize it's importance and get maximum exposure on this idea as it appears there will be a BTC trend reversal based on these powerful and important patterns and indicators) On the BTC linear chart, Bitcoin has been forming a large descending triangle very similar to the one created after the...
BTC seems to be forming a symmetrical triangle. Being that the overall monthly trend is still bearish, the odd favor BTC breaking to the downside. However, with the RSI showing bullish divergence, there is a chance BTC will break to the upside and head towards the resistance range of $4,100-$4,200. If not, you can expect BTC to break downwards towards the $3,200...
Pepsi has been on a tear recently. After a major sell-off from a $122 high to a $94 bottom, PEP has made an incredible 18% recovery. Today, July 10th, the breakout volume on the open was incredibly strong. With the daily RSI is getting close to oversold conditions, I could see PEP short-term price recovering to previous support level around the $109 level,...
Maybe Yes? Maybe No? Who cares? I'm drunk.
BTC is currently in a falling wedge pattern that is getting more narrow as the price range consolidates. Based on Fibonacci levels, we can draw probabilistic outcomes for BTC medium-term price action. As BTC moves down the falling wedge pattern, the levels I am watching for a major trend reversal are $7,500 psychological and the .78 Fib level ($7,200). How the...
Based on the BTC DAILY Stochastic RSI, BTC needs to reverse and find a bottom before returning on an upwards price trajectory. The weekly Equilibrium pattern, weekly reversal inverted hammer candle, and 4-hour Bearish Engulfing candle, show signs that BTC is looking to find lower prices in the short to medium term. I have outlined 3 "Buy Zones". When the BTC...