AMAZON - NASDAQ This relates as much to crypto as it does to stocks. Why? Because all follow similar (some may say the 'same') trajectory as it's as if it's run on same simulations by same individuals. Just look at Bitcoin 'bubble' 2017 - 2018. See any resemblance to Amazon and to be frank the whole stock, bond market? Looks awfully similar to me especially with...
XRP / USD TA We are working with a strong trend line against a bearish Bitcoin trend. Trend line is located between 22 and 24 cents mark which means that we are on verge of either breaking or bouncing off it within coming days. There are some good news in terms of events. On September 13 we do have a joint conference with Ripple and SEC which may result in...
BTC / USD TA Here we are presented with another bullish scenario which does include possible bear trap / bull shakeout. When would we expect this possible shakeout? Within next few weeks due to heightened volatility within the traditional global stock markets which have recently seen some correlation towards crypto. To play it safe it would be wise to not...
BTC / USD TA Bitcoin is currently within bullish pennant pattern. Bullish targets are outlined on chart. Since there's much uncertainty with Bitcoin on short term time frames and fractals, there's a chance of it flipping bearish and breaking support of $9,800 in which case we will be looking at targets of $9,100 and $7,700 in medium term. Long positions have...
WAVES / USD TA We are currently in neutral zone. If we will be able to breakout of it we would be looking at over 20% in profit short term. If we see downward pressure we will most likely be moving towards double bottom at $1 This should not be over 5% of your portfolio.
XRP / BTC TA + FRACTALS Here we are looking again at new fractals, which do indicate that IF we maintain current support we will see major bounce around this area. If we do not maintain this level we will break down towards next support of around 1190 - with that said until support breaks we can remain neutral on this set up. Chances for us breaking up are...
BTC / USD TA Since early summer we've seen a lot of correlation between DOW JONES and Bitcoin. Not to say we haven't seen it before, but this time there's more similarities in movements and sentiment. We've see Bitcoin being thrown around a lot on business news channels, by large banks and traditional stock traders in recent month. That has been done not by...
BTC / USD TA Sure we can start panic selling here and begin concluding that Bitcoin will automatically dump after this statement, but what if we just hedge our positions? Perhaps increase your risk on each of the positions due to possible flash dumps pumps but don't exit out completely. Just think about it... Doesn't it look almost too easy? I think it's worth a...
XMR / USD TA ADAM & EVE pattern is looking ready to explode in coming weeks. Take at leas 5% Risk to 29% + reward
XRP / USD TA + FRACTALS At this time we have highest chance fro breakout for Q4 to Q1 of 2020
BTC / USD TA QUICK OVERVIEW Short term we can expect to see $10,700 Bitcoin however in medium term we are still highly bullish. Overall trend has not flipped bearish just yet and we're also just weeks into golden cross on daily time frame. In term of whether you should place a long here or not, it's up to your risk preference. If you're looking for safer trade,...
BTC / USD TA We've come to a point where Bitcoin will either break through this resistance line to test ATH $20,000 region or smash down towards $5,000 zone which for some people is a positive thing, while for others it's exchausting which is exactly what Bitcoin has been doing to its investors over last 10 years. Would I LONG or SHORT? I would ideally hedge...
BTC / USD TA Here we are looking at 3 short term scenarios which are possible for Bitcoin. SCENARIO 1 - BULLISH In this scenario we find support around $9,000 - $9,400 with breakout before mid August. SCENARIO 2 - BEARISH This is most popular idea around bears. We drop towards mid 7,700 with wicks down towards low $7,000 SCENARIO 3 - BULLISH In this...
BTC / USD NOT TA This is not a TA and it will never ever happen, unless it happens. In short... this is a gigantic bull pennant targeting May 2020 Bitcoin halving, enjoy! This is not a financial advice, just a shorting advice.
BTC / USD TA $9,700 is our local short term support in a form of trend line. We would want to stay above it to move into bullish momentum, nevertheless we are seeing volume decreasing which does signal continues bearish trend towards $8,200 - $8,800
XRP / USD TA Here we strictly looking at two possible algorithms. Algorithm 1 Starts on August 13, 2014 - lasts for 936 days approximately with massive breakout around March 2, 2017 Here we are looking at long term trend and comparing it to what we have this time around. We see similarities in movement and sideways momentum with several bull traps along the...
STRAT / BTC TA Chart is self explanatory, we need to bounce now or else we aren't looking good.
BTC / USD TA Watch local resistance for possible breakouts within next few days. In terms of indicators, we are still showing possible touch of $8,800 zone before bullish continuation however do not put up large leverage trades here as uncertainty is still in the air on which short term direction we will take.