It's being a bit brutal but we're almost there, expect some good bulls bazooka at around 36k area. The next support level (very big!) is at 30k but i personally doubt we will get there, imo 36k support should give us enough bull power to resume the up trend or anyway have a sort of relief rally and consolidation. Eyes on 36k area, i will post an update when we...
After a strong 2 months wave, btc is now showing signs of small weakness, might this be the beginning of a retrace? Charts shows the upwave started on october is still pretty intact, we have good support at around 40k level (first yellow circle), ready to help the bulls. If such support would fail, the next bigger one can be found on 35k (second yellow...
The recent pullback seems over, with btc/usd hanging once again at 29/30k resistance level. 25k level worked wonderfully as a valid support, and some bullish wind is blowing on the horizon: - spot ETF - btc halving - the end of rate hiking (soon?) On the general worldwide financial foundamental situation we have so much going on, with wars, increasing public...
The upmove from the 2022 bottom was vigorous, hitting resistance at around 30k (as expected, i didn't make the pullback call because i don't like to give bad news). After a consolidation in such area, we are now getting a healthy pullback, i would not be surprised to see another short-term down push to at least $24500 level. From there one of these 2 things...
After a 2 years correction (congratulations if you bought in the 1640 area), seems like the final breakout is now a matter of time.
"Finally" (a bit painful lol) bitcoin is in a situation that might be a good opportunity to get in and buy at a good price. As always that's a 50/50 (no crystal ball) but if we are believing to the pump to $30k scenario, then (<$20k) is the technically correct price to buy in low. There's a bit of earthquake right now in the market (fundamentally), with...
Next target might be $30k, half way there already. We might not go there in a straight line (might have a dip or two in between), but we might as well go fast there! What happens next will be revealed later Might, Could, Would, not financial advice
The break of $9200 level, on 24 April 2018, signaled the official end of the dip/retrace started on 8 January 2018. Good News: - The market is now technically bullish again! - The UpTrend started on 2015 is still intact, and a new up-wave within such uptrend has just started. Bad News: - Sentiment, after such a big dip, while technically bullish, investors...
The DownWave started on 6 March 2018, finished on 7 April 2018. Some of you catched this mid-term bottom? More updates to come.. :)
As we can see, ethereum is having some hard times finding some bullish momentum. Technical resistance at 589 Current price at 382 Technical support at 275 Current trends situation: On a bearish trend, inside a major uptrend. A break of 275 would signal another deep hit for bulls, however such break might as well be a good opportunity for long-term bulls to...
With the FOMC coming in the next 20 minutes, let's give a look to the current eurusd market. The major Trend is still high, however we are in a retrace mode (down wave) from 28 February 2018. Levels to watch: 1.2445 - A break of this level, would signal the resumption of the uptrend, signaling further strenght ahead. 1.2150 - This level might show a good...
Dear Friends, in our previous post we discussed about how 492 was a very important level for ETHUSD. Now that such level is broken, we can officially say that technically speaking, the up-wave (or trend) started on February 2017, that pushed the value of one Ethereum from 15usd to a top of 1400usd, is officially over. Scary? Maybe What we have now? We have a...
This retrace started on 1 february 2018, is getting quite persistent! While 895 is the level to watch for a "bullish" signal, we must also keep an eye to the lower support at 492. A break of the 492 level would mean the end of the wonderful bullish trend started on 1 march 2017, when ETHUSD was just at 15.70! An incredible trend, that gave astonishing returns to...
Not much of an update, the market is still in retrace (dip) mode. Eyes on 11700 level, a break of which will signal the official end of this looong dip... and a new bull phase to start! Be patient...
Good morning, here we are looking ETHUSD chart. As we can guess, our eyes are on the 895 level. The market is in a retrace phase from more than a month, and all this can change suddently should 895 level be broken. While at this time we are still officially in a bearish wave (retrace), let's just keep a look at 895 level and keep our finger near the buy now...
This is a follow up of our last post Not much changed, our level to watch (for bulls) is now 11788. As for the smaller fractal-scale, the bull wave that bringed prices up from 6000 level to 11788 is just over, so we are again technically bearish. All we can do is keep our eyes to 11788, and fasten our seatbelts (we are technically again bearish so we may as...
BTCUSD is in Dip mode (retrace) since more than one month, however as for now, buyers seems to be in a good shape. Technically we are still in a retrace mode, however a break of 12190 level would signal the end of this phase, and the long-term uptrend will be resumed (we would ideally look to make new all time highs). Eyes on 12190 level! Thanks
We need to wait for a break of 12190 level, to get an official confirmation that the current retrace is over. However, we can as well guess now that a bottom might be in place already (??), at least this is a possibility. Levels to watch: 12190 --- uptrend officially resume 2980 --- uptrend officially over