The coin "Waves" is in a super big downtrend since January. Some crucial supports tried to stop candles during this 9 month downtrend and I highlighted those. It may seem a long way to reach those supports because firstly price is now far away from them (for example 3k area) and second they NOW has become resistance and a killer bullish power is needed to break...
Here is the levels that are critical to consider when you are to trade BTC . As I expected in my last analysis (check the following link to related ideas), there was a Time Reversal Zone on September 4 and since the date, price touched upper side of pitchfork multiple times. Of course there was not a pitchfork breakout since buyers' power had been declining. Pay...
Today I've notice a new candle has been forming above Kumo cloud , After around 265 days under , this is something to think of. I believe XRP would do some massive reaction in near altseason period as I highlighted levels price would sit. An area to be broken is 3300 so in case of breaking , 4100 and then upper side of pitchfork would available.
Waves has lost over 90% of its value since last December high. When I saw this chart I noticed a downward line had been broken last week. Waves is in dire need to regain it's power and it might show up the time 10740 area would break. So watch the yellow horizontal line.
Once more time I'm back here with another Bitcoin analysis. Let's get to work directly. I see price has locked in a downward pitchfork since 55 days ago. Lower and upper lines of pitchfork reacted as S/R as well as highlighted horizontal lines which I drew 5 month ago (check my preceding analysis). I believe this happening downtrend could continue until it...
Hello all !
I believe a powerful hiding power is behind the trend since April and with respect to green candles appearing one at a time, we would see upper levels soon. I think 13880 is our first and somehow last target of this uptrend. 13880 is a key point so in case of piercing the point , I expect a state of chaotic money flow would pour into BTC !
I highlighted some price areas since 5 month ago and now I'm looking how good price reacted to them. Since July 24, candles are living behind the cloud which is not a bullish sign for BTC . But as you can see candles tried back to be up in the cloud and be inside the old pitchfork simultaneously. So I think there is a powerful wiling to buy every dip of price here...
Hope your are doing well. Sky has shown some potential during downtrend alts market period. from now on any alts could start the rally up at any moment. By the way there is no volume right now so watch out and be ready in case of pouring heavy money on Sky !
XRP has been moving in a downtrend for 26 weeks and still trying to touch a powerful support. It might either see again 4100 area where it all begins in 2017 or 4400 area would act like a support and bounce it up. There is always supply-adding news around this project which is shame ! Imagine when you need money, you just print it with your own papers !...
H E L L O again!
BTC showed much power in last 3D candles. I believe we are in a correction mode for now as you see a red 3D candle starting from today. 9080 area would acts as a support and in case of losing it we might see 8100 or lower. I highlighted major areas as you can trade it easily. If one line breaks ( be cautious about fake breakouts ) , you can expect...
Binance will stop all trading actions for U.S customers so the red market you see is the result of U.S customers selling their assets and leaving Binance. So for now my stops hit and I'm out of market, but if you see the history of Waves there's a good support around 2637 sat. I highlighted the area with red line and I believe it can be a nice Stop line...
We are all set out to retest of 7860 level. Yesterday it was broken due to sell pressure and a tiny downward trend has started. If a 4h candle with strong body break up that 7860 level we go back to upward again. Time to rest and see if it would break or not.
Bitcoin got rejected at 9k very roughly ,but after all the support zones I highlighted became a good block in the way down.Now price is again above 8467 support line plus we have Kumo cloud heavy support under! I think we would see 9k level again then after, if sell pressure would not be like prior time, 10k area is in play.
Enjoy your ride <3.
Skycoin started a nice uptrend since 15 days ago. A good news is it's not over since today we are experiencing a pullback to the daily red Kumo cloud. I believe there is a good buy opportunity around 245- 260 area , targeting upper lines in the chart.