KapitanKris

KapitanKris

The last four daily divergences between price and RSI near oversold or overbought conditions are shown on the chart, the previous three have led to significant reversals, and it looks like that pattern is playing out now. We had a SFP on the weekly (probably hunting stops with a false break out below the descending triangle), volume decreasing during downward...

KapitanKris

Bitcoin is looking very bearish at the moment. It bounced off of the downward trend line, which coincided with the 50-day MA and $12k resistance zone. It has now crashed through the 200-day MA again and it did not build up strong support levels on the move up to $20k RSI is not oversold yet so I think it has quite a long way to go down...

KapitanKris

Bitcoin dipped below the 200-day MA and then bounced but hit resistance at $12k. $12k was a support and then a resistance zone on the way down from $20k, which also recently coincided with the 50-day MA. It has (or had) appeared to have broken the downward trend (red) taking the bounce to $17k as an outlier - there are many more data points touching that red...

KapitanKris

Bitcoin following the downward trend, I've highlighted entry points that I personally have put orders in, the correspond with resistance zones circled previously. The downward trend broke through the 100-day Moving average in a big way but seems to have bounced near the 200-day MA (purple). We will see whether this is the bottom bounce or whether we will continue...

KapitanKris

This is a very new project, having recently been added to Bitfinex, as the fastest coin to have done so, helped push the price up on the 24th of January. It is difficult to make an informed assessment of the price action with the coin being so young, however, if you are looking to invest in the project then now might be a good time. It is less than a month old,...

KapitanKris

The hypothesis is ICX will decrease in value as BTC decreases in value as we approach the close of the CME futures contracts on the 26th of January. Both of these coins decreased in price leading up to the close of the CBoE futures on the 17th of January. If/when the RSI enters oversold regions in the 1 hour chart and then the short EMA (blue line) crosses above...

KapitanKris

This analysis is just using trend lines, RSI and MACD to find entry and exit points. When ICX is overbought (RSI>70) and the short EMA (blue) of the MACD crosses below the long SMA (orange) this is an indication of a change in momentum and could be considered a good exit point. Conversely when it is oversold (RSI<30) and the EMA crosses above the SMA in the MACD,...

KapitanKris

This is just a simple way to use RSI combined with MACD to find entry and exit points. We are looking at ICON (ICX) a very promising Korean project. When the RSI enters the oversold regions (<30), this indicates a good time to buy. Conversely when the RSI enters the overbought region (>70), this indicates a good time to sell (or hold if you are keeping it as a...

KapitanKris

This is a basic look at Syscoin's support and resistance zones. It is on a strong upward trend, however, it is about to enter a resistance zone. I think it is a good project and being part of the lightning network will help in the coming months. It may reach new ATH's if the lightning network sees widespread adoption, I'm not sure whether it will break out of...

KapitanKris

I find the 200-day MA (purple line) one of the best indicators when it comes to BTC. Right now the 200-day MA is $7k and I consider good buys between 1-1.5x this number ($7k-$10.5k) and good times to dollar-cost average in are below 2x the 200-day MA. If it is higher than the 200-day MA I expect a dip or a correction in the near future. There are strong support...

KapitanKris

These are some examples of basic candle types. F is not a clear inverted hammer as the upper wick/shadow isn't much larger than the lower. D is not a proper shooting star as it is not at the peak of the ascent. C = hammer time!

KapitanKris

This is just a look at Doji's and an inverted hammer for ETC. They are highlighted in the ellipse, the Doji's signify indecision in the market and the inverted hammer suggests a bullish reversal, which is seen temporarily after in the bearish trend vs BTC.

KapitanKris

This is just an educational look at Syscoin. Spinning tops and Doji's are circled, usually indicating a trend change. Arrow also pointing to large candle wick, which would make a lot of people panic, however, if you have done your research and are confident in a coin then this would offer a fantastic entry point.

KapitanKris

I'm bullish on Vertcoin because of the lightning network, which people are starting to use. Almost all the other coins that are implementing the lightning network are up significantly so I'm looking to buy some of the better deals, e.g. Vertcoin. It has tested a support line 3x at the 40,000 satoshi level, although I don't think it is as strong a support as the...