Cryptonerds

Cryptonerds Updated 

The ELLIPSE trading strategy has generated a long signal (4H timeframe) for Litecoin (LTC) at $77.51. The price has recently broken through the monthly pivot (P) level (denoted by the orange line) and has subsequently seen both the price and lagging line on the daily chart break out of the Ichimoku cloud (as evidenced by the green background on the 4-hour...

Cryptonerds Updated 

Long entry for ETHUSD at 1648 USD. The price broke out of the Kumo Cloud and the Chikouspan is now completely free from the price and Kumo Cloud. This is a continuation of the previously established uptrend. The trend is still strong with all the EMA's (9 to 200) aligned and the price is now above the yearly pivot. The first resistance is expected around the...

Cryptonerds Updated 

Long entry for BTCUSD at 23792 USD. Bitcoin has been in a massive downtrend since early April 2022, mostly below the 200 EMA. In the past few weeks, however, the EMA's have been consolidating and Bitcoin is once again challenging to break this longer term downtrend. Bitcoin is clearly breaking the 200 EMA level. The shift in trend coincides with a break in the...

Cryptonerds Updated 

Long entry for BCHUSDT at 135.8 USD. The price broke out of the Kumo Cloud and the Chikouspan is now completely free from the price and Kumo Cloud. Besides that, the Tenkansen crossed the Kijunsen and both the SenkouspanA and SenkouspanB are pointing upwards. Overall this is a bullish signal. Keep in mind that on the daily timeframe the price is still in the...

Cryptonerds Updated 

Long entry for LTCUSD at 60.01 USDT A Cloud breakout is observed for LTCUSD. A clear shift in the trend took place because LTCUSDT is now well established above all the EMA's. The first resistance is expected around the Monthly R1 Pivot Point level at around 69 USDT. Flow like water my friend.

Cryptonerds

Long entry for ADAUSDT at 0.53 USD. Cardano has been below the daily kumo cloud and the 200 EMA since early April 2022. The trend seems to be shifting to the upside now that Cardano entered the daily kumo cloud. The 50 daily EMA has been broken as well. On the 4H timeframe Cardano is comfortably above the 200 EMA and the Monthly Pivot Point. These are bullish...

Cryptonerds Updated 

Ethereum just broke the 200 EMA resistance! Strong buy signal!

Cryptonerds Updated 

Long entry for BTCUSD at 23441 USD. Ichimoku triggers: -Price just entered the kumo cloud on the daily timeframe for the first time since 21APR22. -Tenkansen is above the Kijunsen on both 4H and daily timeframe. -Price above kumo cloud on 4H timeframe. -Chikouspan is above price and kumo cloud. Moving averages: -Breakout of previous price levels (higher...

Cryptonerds

Bitcoin shows a very choppy, non-trending market situation right now. It could go both ways: Bullish Scenario: Current market could be a wave 4 Elliott Wave correction and it will PUMP soon. Bearish Scenario: A Tenkansen / Kijunsen crossover is observed which is a strong bearish signal according to the Ichimoku technical analysis and the price will drop...