The break of $9200 level, on 24 April 2018, signaled the official end of the dip/retrace started on 8 January 2018.
- 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.
- Sentiment, after such a big dip, while technically bullish, investors...
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.
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...
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!
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
As we all know, the past days on S&P500 and other stock indices has been a bit shaky!
The upwave started on 11 September 2017 saw the market appreciate of a whopping 19%, in a hurry and in a parabolic way.
In case you missed it, yeah, the upwave started on 11 September 2017 is now over.
The market is still technically bullish, that upwave was just...
In October 2015, a big wave begun.
This upwave is still active, however it went a bit out of control, too many buyers joined the party during this wave, bringing price of one bitcoin from 400 to a max of 20000 usd.
Now we are withdrawing, supports remain at 2970 level, a break of such level would mean the end of this bull-wave started on October...
Hello, following up our last post, ethusd broke the 1099 level.
The retrace started on 16 january is officially over since 2 days ago (27 january), aka since the break of the 1099 resistance level (blue circle).
As we can see, price already moved up +10% since that breakout, it is now technically bullish, and will stay so as long as market remain above 757...
Ripple (like other cryptocurrencies) remain trapped in a down-wave (retrace?).
Our eyes are on the 1.4465 level right now, should it break, the current down-wave would to be considered officially over, giving green-light to bulls.
As of now, all we can do is wait....
No, it's not bitcoin. It's XAUUSD (gold) weekly chart, we can see that 2013-2014-2015 was not wonderful years for precious metal lovers..
However, 2016 put an end to this massive retrace.
2017 was calm (but technically bullish).
2018 might bring us some crazy surprises, never forget gold!
It's been more than a month now, Bitcoin is in a correction phase.
We saw what looks like a doubledip, or AB=CD kind of pattern.
Currently the market is sitting on the low side of this downwave, and it is still vulnerable to new selling pressure.
However, we keep our eyes on the 13.052 level, if price can break that, it will signal the "official" end of this...