ETH is approaching a decision which will have to be taken pretty soon. Similarly to BTC (below my idea) the price has to choose if it goes higher or we drop further. This will take place soon as there is not much room left and price is being compressed here. The bullish case presents a nice possible pump for ETH towards $1,800 while the bearish case has...
Here we have Bitcoin sending us in two separate directions: 1. Bullish case: We have a beautiful bullish divergence on RSI, indicating we should break out of this descending resistance and at least re-test $52k. We formed a W pattern on MACD and now we should go higher... bullish. Decreasing volume on this correction indicates the sellers may show signs of...
If you have not noticed, on CRV/BTC pair we have just flipped on the positive side on 12h MACD and we appear ready to pump higher after breaking the diagonal resistance. On the USD pair here, we're also looking ready to break out with a nice bullish divergence on 4h. However, we need a bit more time to get confirmation on this pair. Unless the broad market...
VTC has formed a double bottom on the $0.45 level and has a bullish divergence on RSI. If we manage to push above 0.60 then the double bottom will be confirmed and we should be clear to re-test the resistance at $1. Possible paths on the chart. VTC remains very bullish long term and I expect us to make some significant gains once this correction in the overall...
KNC is sitting on the $1.5 support line. Should we fall we will likely re-test the massive ascending channel we find ourselves in. For this reason it is best to wait to see where price is going, as you may have a good opportunity to buy later at just above $1. On larger timeframes the indicators look bearish, but on lower timeframes like 4h we seem to form a...
ETH is at the critical support which was our previous ATH / resistance. We bounced last time from this level, however now we are back on this support line. If we drop under $1,360 then I will be very concerned. On the positive side, we are forming quite a nice bullish divergence on RSI. This pattern is on several altcoins, so there is some hope we may turn...
BTC broke the support at $45k and made a new local low. This is not good and gives credence that price can continue down until we reach $41k where we have good support. The price levels where we find ourselves now are not significant and likely unable to hold price from going lower. For this reason I remain bearish for now until we reach our support at 41k...
LTC has formed a bearish wedge which should be able to take us to the ATH. However I have some concerns related to how the indicators look. Particularly on RSI, if you check the 3D timeframe or even the 4h you will see a clear bearish divergence (higher price with lower RSI). This is also repeated on MACD with the histogram showing a bearish divergence as well on...
Bitcoin Dominance has been stuck between 60% and 65% for some time now. We do not seem to want to leave this area so we are likely to consolidate further in this zone until we have a clear reaction in price from BTC (below my BTC/USD idea). What I would expect is a sharp reaction in price once we move beyond this range. This may also be a no-trade zone as there...
SUSHI has re-tested the ascending channel support level and it held well despite the significant drop in the overall market early this week. Now that we made this support, volume on this leg up has been sustained and looking good! The indicators are also bullish, MACD and RSI are raising nicely. Right now we have a resistance level just above price which I...
1INCH is approaching quickly the key resistance level between $4.2 and $4.5. The indicators are looking bullish and BTC will allow most of the market to recover if it maintains its price above 50k. The volume on this last push is not looking too bad and we have a good chance to push up to $4.5. However that level may be tricky to pass on first try as it was...
LIT just broke a key resistance that held us back in the past. We moved above $9.5 which clears the path for price to test the $10 and if that wont hold us down, then we're on a clear path to re-test ATH level at $14.7. The indicators on 4h look great, particularly MACD which did a lovely cross on the positive side, RSI is moving higher and this break of...
ETH is caught in a tight range between $1,600 - $1,700 and we seem keen to break-up. The indicators are looking ready to push price higher. MACD on 4h did a positive cross and RSI wants to go higher, however the volume is lacking. This shows confidence on this move is not high. BTC on the other hand (see below my idea linked), is much more bullish in its price...
BTC broke above this ascending triangle and moved above this dotted resistance, this is bullish! Moreover, we have a lovely 4h MACD cross on the positive, so we should expect at least a day or two of green . Question is if we can push above 55k, if that happens, then we're clear to re-test ATH level and push higher. For now bias remains bullish and BTC is...
DOT seems to have reached it's last leg up, set a new ATH and now we are correcting. If we happen to fall under $27 then I am afraid DOT will extend its correction and we may end up somewhere around low $20 levels. However, that is not yet the case since as long as we stay in this ascending channel we're fine. But watch the levels on the chart, if we break...
XRP broke down from the ascending wedge and now we fell under $0.50 level. We are trying to push back higher now, but this is still to be seen if successful. The wick I highlighted is a 20% drop & recovery which is not bad. But what concerns me are the indicators and particularly MACD. MACD is expanding and is dropping on the negative side. This is not good....
DOGE has penetrated the support at $0.045. For now it is holding. However, if we fall and make it resistance, it's over. Doge will crash HARD. Do not HOLD your bag if that happens. This is your warning. Watch this level closely as it is decisive. Not much else to say. Like and follow if you liked this idea! Also join my crypto community to stay in touch and...
ADA was rejected by the $1.1 level as indicated by the Fib line at 78%. Now we touched support and we're holding for now. We may range for a while, however there are some reasons why you should be careful here: 1. We're under ATH, so price will likely be rejected at first try 2. We are forming a massive bearish divergence on MACD+RSI 3. Volume is decreasing 4....