Graph talk. Scenarios are not in numbered by probability.
Even if the price of Iota, like all cryptocurrencies, followed that of Bitcoin, it remained more compressed in the horizontal channel (1.20$ / 2.20 $). This translates into greater confidence in this project with a strong "hodl" spirit on the part of buyers. Trading volumes have remained very low since the end of December, with the price going down. Few relevant...
BITFINEX:ETHUSD is inserted into a short-term lateral channel as COINBASE:BTCUSD . The two prices are still very elastic, but the different patterns suggest different timings to open positions. If Ethereum came out of this channel, in a moment of decline of Bitcoin would find a decisive support in area 390/400 . However, the probability of breaking the ...
BITFINEX:BTCUSD has recently broken down the downtrend channel (purple rectangle) with an interesting opportunity for a trade short. In the chart with candles at 4h you can see a strong red volume candle that highlights a large amount of money coming out of the market . So we approach the next level of support that we evaluate to be at 7200. After this could run...
The BITFINEX:BTCUSD price is now inserted in a horizontal channel (blue rectangle). We await the breaking of the latter: in case it is downward the next support is at 7300 . In the case of an upward break, the crucial resistance is at 9200/9400 . The breaking of this resistance would result in a strong buy signal and would decree once and for all the exit...
We closed our previous trade short: the bearish flag pattern was not running confirmed by correct volumes while the bear pressure is decreasing, despite the fud on bitcoin -2.67% . The price is forming a FALLING WEDGE , a reversal pattern. This is confirmed by a decrease in volumes in recent days. The CCI marks a divergence that heralds a confirmation of the...
We think it's time to activate a big downside bet on the herbalife -0.44% title. The signals are many, both technical and fundamental. Technical analysis: - divergence between the price and the CCI (yellow dotted line): the price continues to rise but the trend of purchase begins to decrease. This is a symptom of the weakening of the trend. - 100 $ is an...
Etherum after this bear days went below his level touched while BTC was touching its historical minimum. This was probably caused by the greater loss compared to Bitcoin of many altcoins, with even the elimination of some scams from the market . After the brake of the short term channel (yellow hard lines) we could see it bouncing on the previous support...
BITFINEX:TRXUSD is still in his horizontal canal between 0.000039/0.000065 ETH. We see (blu horizontal lines) a smaller structure (0.000046/0.000057 ETH) that could give a signal for a short term trade. We fundamentally are waiting for the launch of MAIN NET expected for 31 of March starting a strong bullish trend .
Btc is on the point of breaking the blue orizontal structure, waiting volumes. Then the possible road it could follow: not-dashed lines are most probable moovements.