BlockTechEv

BlockTechEv Updated 

Hello Traders In the 1D timeframe looking solely at chart patterns, it seems likely that we break upwards towards 64c and that 58c becomes the new support. However, expect high volatility before the 22nd And remember, XRP is NOTORIOUS for PUMP and DUMP. Alerts + buy orders + stop loss ____________________________________ Not Financial Advice Best Regards, Evelyn

13:14

BlockTechEv Updated 

Hello Traders A Quick video update on XRP. I'm also taking you through my process when I'm trying to determine the direction of the price in the near term. Trade Safe and Best Regards Evelyn

BlockTechEv Updated 

Hello Traders XRP is a tricky one. What I like from the current upward pressure we find ourselves in, is that it appears to be much more organic than the sudden pump and dump we saw a few days ago. The higher timeframes are showing potential for sustained upward pressure. However, my current target is focused for the next 8 hours and is set at 56c. If we reach...

BlockTechEv Updated 

Hello Traders As pointed out, ETH is in a clear Ascending Triangle pattern. Now, usually this would be seen as Bullish BUT my bias is Bearish. I'll tell you why: 1) Probability of a breakout ABOVE is 15% (simple math counting failed tries). This already is enough for me not to risk a long here 2) Low volume 3) Unpopular opinion: DeFi simply cannot afford ETH at...

05:57

BlockTechEv Updated 

Hello Traders A Quick video update, I'm currently scalping however I am watching higher timeframes to see if we can shift to sustained upward pressure, currently we do not see sustained upward pressure in higher timeframes yet. My scalping targets at the moment is sideways movement between 61c and 64c. IF the indicators show the correct circumstances as...

BlockTechEv Updated 

Hello Traders XRP is bullish on lower timeframes and so far the 15h chart is the highest confirmation so far of a bullish run. If this volume and buying pressure continues, next stop will be flipping the 1D timeframe to bullish. When that happens, I will make another update. Current resistance lies at 51c. Previous test failed, if we concur 51c my next target is...

BlockTechEv

From using and analyzing the current stance of the @WyckoffMode indicators, I'm expecting ETH to drop to the 900's. IF the BLUE LSMA crosses below 50 with the RED RSI in the 12h, we could see a drop or a wick down to the ORANGE BBands. On the 2d timeframe, IF the GREEN energy crosses below 50, we could retest the YELLOW basis of the BBands. This gives the range...

BlockTechEv

A double top formed on the 12h Ethereum chart. A double top is a significant sign because it is observed as a strong bearish indicator. Double top's may (not will) correct up to 30%. If the demand zone holds, ETHUSD remains bullish. Best Regards Ev

BlockTechEv

Chart Art as an icebreaker... And now the million (us)dollar(t) question : What is driving the Bitcoin rally? USDT is a stablecoin supposedly backed 1:1 by real $, yet it has been surrounded by controversy since the Hong Kong company behind tether and Bitfinex never presented an audit of their reserves which are held "off shore". In fact in 2019, Tether's own...

BlockTechEv Updated 

A quick update on Ethereum... It looks like ETH is about to melt some faces today 🚀 Finally breached the 0.034, an important resistance and phycological level that I've seen many were watching, including me. Trade Safe and make many profits 👍 Ev

BlockTechEv Updated 

Back on 21 NOV 2017, Ethereum shows some promising upward movements. However, on November 27th an alert for exhaustion occurs (red triangle) and all the other indicators are appearing heavily overbought. What I would like to point out is that DESPITE looking exhausted, ETHUSD kept climbing parabolically all the way until 7th of January 2018 ! I see similar chart...

BlockTechEv

It's been a good ride, but what goes up must come down - BTC has definitely overheated and now it is time for a correction. It is healthy, and a normal part of the market cycle. I expect alts to follow until BTC stabilizes but this is just my opinion. Hit that like button👍, many thanks ! Ev

BlockTechEv

ETH is currently testing the .5 Fibonacci retracement from its previous ATH. On lower timeframes, ETH is consolidating just underneath the 0.5 fib. There is a strong resistance cluster that ETH is facing right now, which will need to become our new support in order to confirm bullish sentiment and a potential break towards previous ATH. If we break above 0.5,...

BlockTechEv

Let me figure this one out, and please jump in if you will: XRP was created out of thin air to be Ripple's coin. The "value" being that it will be used in RippleNet to revolutionize the banking industry wrt fast, cheap cross border payments etc. So can we say that effectively it would be like Nvidia selling a digital chip that you can buy, saying it's value comes...

BlockTechEv Updated 

Hello Traders An update on the previous idea after we've touched the 40c zone Happy Festive Season and safe trading! BlockTechEv

BlockTechEv

By looking at the current 12h candle, SMA, and RSI, I think it probable that we revisit 600 area. Watch how my previous idea played out Trade safe and happy festivities BlockTechEv ________________________________________________ My posts are not financial advise

BlockTechEv Updated 

If you haven't watched the video prior to seeing this, I'd recommend watching the quick 6min video first. Otherwise this chart may seem messy. However, if you watch the video you will see and understand drawn-in potential support zones, channels, demand zones, fib and sma support and then all the colorful lines will appear more sensible. I use multiple...

06:38

BlockTechEv

Taking a look at technical analysis using Fibonacci, SMA lines, support and resistance, demand zones and RSI to determine where XRP is going. Many of you might have heard by now that Ripple "may" be sued by the SEC, which seems to be implicating the price today. Whether or not that is the reason for the sudden decline in price, is up for interpretation. AND I...