Bitcoin has had an amazing rally so far, but I think momentum is drying as we start to range. Now I think we might have a small drop from the upper part of the 10K to 12K range. We had a bearish divergence with the biggest top on the 29 of July, not making a higher high on the STOCHASTIC and Ultimate Oscillator, this could mean a possible trend reversal. Volume...
Iota has been quite a resilient coin, but the interest in it has been consistently dying off. It had a big PUMP just recently as it's an older coin (from 2017) and has quite some market cap, but it really doesn't have the volume nor the interest to keep this up. I'm expecting a big correction from this high, but I'm still using a tight stop loss. Maybe we will...
We have formed a triangle after the massive PUMP, that puts above the 9K range. But I have grown distrustful of triangles with BTC, after seeing a few breaks the opposite direction I was expecting. I'm looking for the Cloud to act as support before we continue the uptrend, but before I think the triangle will break Down. Price rejection of higher levels looks...
So XRP is not the strongest altcoin out there, and the overall Crypto Market is starting to get more bearish, as a possible COVID dump might be approaching If that would happen XRP would probably dump harder than most coins.
BTC:USDT has been pretty stable despite a small drop, even though we had quite an impressive twitter hack, that should have caused a bigger DUMP as the hackers brought some negative press. We are now back at the lower part of the 9K range, we have just broken slightly above the Ichimoku cloud, now we held the 9K support quite strongly not getting below 9048, so...
$LINK has proven to be one of the most solid investments in the past 2 years. Showing impressive amounts of resilience and volume above all other altcoins. Now after this pullback there is a good opportunity for longing, we have the 100 MA acting as support together with supports from previous price highs. The Ichimoku cloud is bearish but the red kijun line...
Ripple has a long and dreadful record of dumping their own currency news.bitcoin.com thenextweb.com There is no way the company won't dump their bags pretty heavy after this impressive +15% pump in just a few days (for a coin that's been steadily declining the past 3 years) Ripple is way too centralized and way too traditional a company, they will probably...
Price has been consolidating for the past few weeks, with 7.5K being the clearest level of resistance. Market structure has been a very good, consolidating even though we didn't make perfect higher highs and higher lows, it's pretty clear the market is moving towards 7.5k and UP. We also had a golden cross on the 7th of April a pretty good bullish signal. The...
The market has been consolidating against resistance at 7.4K which means lots of shortstops and buy orders are just above this, if we could hit a massive amount of them would be triggered fueling an upward move. We had two large swing lows, with the last one higher than the previous, neither of them could go below the 7K or even touch 7K, which shows that bulls...
The market has been quite weak lately with a lack of any consistent market force either bullish or bearish as we approach the end of this triangle. Now, the whole world is bearish because of Covid19, and the world's economy is slowing down, and Bitcoin IS PART OF THE WORLD'S ECONOMY if people are losing their jobs they wont be able to buy Bitcoin and might be...
Bitcoin experienced a very strong rejection of anything higher than 7100, but now we are back in the previous range and probably going to need some serious volume to break in any direction. After this retracement from 7100, there is probably a very good are of value, between the 50 and 100 MA for the 1 HR timeframe. We are still above the 50 and 100 MA on the 1...