if we consider BTC price movement during the last week, in my opinion, we should be concerned about the immediate future. In fact, analyzing the daily chart it easy to see the pennat in which prices are closed in.
In the chart, descending highs are clearly identified as well as the supportive area. In this second case we can pointing out two...
analyzing the biggest cryptos I would like to point attention out on ETHUSD because, in my opinion, price is close to an important supportive level.
This level is a static supportive area around at 250 USD and once it is broken down I think ETH could drop towards 200 USD with first target to 220 USD.
ETH during the last rebound is resulted as one of...
following EOSUSD during these last days I'm convinced this could be at a good long entry point.
I know it's exactly the opposite I wrote one week ago but I did't expect all this resiliency against BTC. In fact, if we also analyze EOS against Bitcoin we realize how EOS is leaning on the 200 daily MA and this can facilitate rebound of price. So if we...
analyzing the biggest cryptos I would like to point attention out on EOSUSD: in my opinion price is close to an important watershed level.
In fact price is near the trend line supporting the bullish movement started from the end of October, 2017.
It represents an important supportive area: we can consider this level to around 7 USD and once the level...
I think BNB against BTC is completing an interesting setup. If we look at this token we can appreciate its resiliance against BTC: characteristics very rare during this last BTC run period.
If we analyze the chart we can find two completely different situations on the basis of time frame we analyze: on the 2h time frame we can see a strong bullish...
I think BATBTC is completing an interesting configuration: in fact if price is able to break steadily 0.000055/0.000056 (R1) area it can rise to 0.0000585 (R2) as first step and then to 0.000066 (R3).
I think is very interesting considering prices have been congesting for several months.
Volume is particularly high and this could favor the bullish...
BTC is in a very interesting technical situation. After the important rise of last days, it is remaining in the range between 7450/7600 USD (R1), representing an interesting level of volume accumulation. If this congestion was broken up, probably prices could rise to 7800 USD (R2) area and then around 8000 USD (R3), since it is a psycological...
at the moment DASHUSD is in touch with an important resistance level. In my opinion, if prices are able to stay above 280 USD (R1) for a couple of hours, loading indicators, it could develop a run to 300 USD (R2) as first step and then to 320 USD (R3) as second target.
In case set up is triggered, stop loss would be set to 268 USD.
Volume is not...
I think SALTBTC could be in a good technical environment to try a further run. In fact, if it is able to break 0.000225 BTC (R1) it can go to 0.000248 BTC(R2), where there is a first resistance level, and then to 0.00028 BTC area (R3).
Volume are good enough to support this vision and indicators are set to substain another possible rise. In case set...
I think it could be very interesting buying EOSUSD because it's breaking a descendent trend line, starting from hystorical highs, and the 200 2h MA.
Volume is rising.
If EOS is able to remain around 8 USD (R1), better above, at the end of this 2h candle we can buy it putting the first target to 8.30 USD (where we find a first weak resistance), even if...
ZRXUSD appears to me very interesting at current price becaus the trade has a favorable risk/reward factor.
ZRX started, about 3 days ago, a short term bullish trend with first target to 1.2 USD and 0.00018 against BTC.
For about one day ZRX remained around the resistance area we can find between 1.02 USD and 1.05 USD (S1) but now it found the...
I think DASHUSD at current level represent a possible good entry point if examined on daily time frame. As you can see from the chart this crypto could rebound form two main reasons: the first one is DASH is on an important supportive area either respect to USD or also BTC and the second reason is related to volume, which is rising during the last...
EOSUSD is in a very precarious situation. If prices are not able to rebound from the actual level, the likelihood is very high it comes back to around 6 USD. At the moment price is near the trend line supporting the bull trend started during November, 2017. It's a critical point. If we analyze EOS against BTC on a daily chart, we see it's in touch with...
looking for something of interesting to trade during these extremely boring trading days I came across this token appearing quite intersting.
Due to the small volatility of these days is necessary to narrow time frame: in this cases I generally use a 2 hours time frame, not too long and not too short.
From this chart we can see ETPUSD in a good bullish...
after a recent very heavy bearish period of all cryptos now they seem to have found a supportive level.
Till several days ago I was convinced cryptos were destinated to collapse further, because the volume were high only when prices were falling. But after a false short signal they rebounded roughly, stopping the bearish movement. On this asset you...
After an attempt to rebound of some days ago, BTCUSD at the moment appears very weak and destinated to return below $5000.
It's very likely once it broke $6000 (S1) area, prices are destinated to come back to the first support in area $5400 (S2) and then there is room
to fall around $4400 (S3), where there is a strong supportive area.
ETHUSD is near the upper trend line of the triangle where prices are bridled from several months.
Now we have to see if it's strong enough to break this trend line. Yesterday prices touched the trend line for the first time, in area $545 (R1), but suddenly were rejected by the dinamic resistance, coming back to the area $520. We have to wait and see if...
BTCUSD seems to be very uncertain in its movements during this days. If we analyze the chart we can point out immediately the lack of volume. This scarcity keep prices into a very narrow range and for the moment there isn't any sign to allow us to take a position.
Prices are in an important supportive area after the recent drop. If we think BTCUSD...