Crypto_Burger

Crypto_Burger

I tried to make it as clear as possible on the chart, but here's the thing... right now horizontal levels are aligning very well with moving averages on the hourly chart, and for the last 4 days we've been holding support off the 21 EMA in the same timeframe. Bulls have to break and claim the 9400 level, bears have to break the 21 EMA (currently around 9.3k) for...

Crypto_Burger

This is a very simple analysis based off the 20 weekly moving average. I do understand that usually people use the 21 MA or EMA, but I saw that the most confluence lies with the 140 daily moving average or the 20 weekly moving average. What I noticed is that we could close a candle above or below it, but the next candle is what makes the difference. Several...

Crypto_Burger

As an intro I'd like to remind everyone that we are in a bear market. I see many people claiming we are in a bull market, but it's not true. We are trading below the 200 Daily moving average and the 50 DMA is below the 200 DMA, so technically we are officially still in a bear market. Also, we have not made any higher high. I'd like to give you 3 reasons why...

Crypto_Burger

We've been following the last bear market pretty close so far and right now its time to be concerned with this situation. Yes there are many bullish factors including the halving coming soon, but be aware of this chart when you're feeling too bullish. Let's hope it doesn't come to this and we manage to break above the 200 Daily Moving Average and continue our...

Crypto_Burger

On the chart you can clearly see all my bullish points in regards to Waves/USDT. I do like the project as well, so fundamentally bullish on it. I believe we are ready to go higher and at least test the 200 MA around $1 (17% gains). If we break it we could go up a lot. Line of death for me is $0.768, but if its not broken I'm bullish.

Crypto_Burger

Before you get too bullish look at what is currently our resistance.

Crypto_Burger Updated 

1 minute ago we closed a 12hr candle above the ichimoku cloud. This came following a pattern which we saw after the bottom at 3.1k about a year ago - after we made a higher low. If in the coming days we manage to stay above it and a green cloud starts to form it will confirm this idea and give us another bullish signal. I am linking a related bullish idea I...

Crypto_Burger

This whole concept is also confirmed by eliot wave theory, if we break below 7820 we will invalidate the count for a 4th wave and most likely continue going down. As a setup this is a 16:1 ratio, which in my book is amazing.

Crypto_Burger

So, here's what is happening right now: This 2 hr chart seems to be painting a clear picture of support/resistance levels to watch (on top of the horizontal levels) 200 MA = Support Green Trendline = Support $7185 = Horizontal Support $7270 = Horizontal Resistance 600 MA = Resistance If we drop below the green trend line and confirm it as resistance I'd...

Crypto_Burger

The Pitchfork and Fib Circles are made by the lord of the rings - @snookerer which Idea is below in the related ideas section. On top of this, I'm using CryptoVN_Trend as the main oscillator and it gives green dots as buy signals which I've aligned with the green arrows to show on which candle the buy signal was fired. What you can see is that the previous time...

Crypto_Burger

What we can observe on this 5D chart of the total market cap is that we just bounced from a pretty significant horizontal level and managed to close above it. We are also having a small bullish divergence on the 1D chart in the RSI. On top of that we are forming one of those beautiful green dots on the CryptoVN_Trend and to top it off we are on the bottom of the...

Crypto_Burger

Here is a long term analysis of the altcoins market cap. We are sitting on a pretty strong horizontal resistance, but we are being pushed by this fib circle which was never broken before. As its a 3D chart this will be resolved rather quickly, but as you see many fakeouts in history where we break a line, just to have a massive move on the opposite side in the...

Crypto_Burger

BNB might be ready for a bounce! As you can see the Heikin Ashi candles are getting tiny and green which is usually a sign of reversal. At the same time, the CryptoVN_Trend already gave a buy signal 2 days ago and we are close to the bottom of the channel. Pretty decent risk/reward ratio trade.

Crypto_Burger

ADA has been forming this ascending triangle for quite some time now. Ichimoku cloud is turning green in 22 days (27 DEC) If we test the trendline again and we bounce from it I personally would go long on ADA and hope for a breakout.

Crypto_Burger

As you can see ETH/BTC has been following this two years downtrend line, but finally, it did break above it and perhaps we just confirmed it as support now. We do have a higher low forming and possibly with the upcoming DeFi projects which are built on ETH we can be having a trend reversal and start making higher highs and higher lows in 2020. This chart does...

Crypto_Burger

Classical Death Cross Just Occurred! That's All I'm saying... Bearish AF.

Crypto_Burger

I am based this on the trend which is being presented as well as several oscillators.

Crypto_Burger

Those are the levels I would look when it comes to bitcoin dominance. If we break above the first I'm killing all alts and moving into BTC