Hi guys,
Today I have another update on another coin. It's VeChain (AGAIN!). You are looking at the daily chart, which tells us the following:
- Parabolic drop from 40k sats to current level (22.1k at time of writing);
- Still hugely oversold. RSI of 13.9 on Daily, which is all time low for VeChain;
- Weak support soon, due to price action in January and .786...
Hi guys,
Another update on another coin. This time it is VENBTC -4.80% -4.80% .
You are looking at the 4hourly chart, which tells us a couple of things:
- VENBTC -4.80% -4.80% dropped approximately 45-50% since the last wave up;
- We broke through the 32k sat support
- VENBTC -4.80% -4.80% is oversold on all timeframes!!
- RSI and MACD histograms are...
Hi guys,
Another update on another coin. This time it's the king... BIETCOIN! You are currently looking at the daily chart of BTCUSDT on Binance. The chart tells us a couple of things:
- Firstly, we have had a terrible period (may-mid july). We've seen a drop of approximately 40-45% in USDT value. The bears were euphoric and hoped to break the 5.7-5.8k range,...
Hi guys
Another update on another coin. This time it is XRPBTC.
You are looking at the daily chart of Bittrex. FYI: I used Bittrex because it has more historical data in comparison with Binance! The chart tells us a couple of things:
- XRPBTC is in a nasty downtrend, which started in dec. 2017;
- It failed to break the resistance (red line);
- It just broke...
Hi guys,
Another update on another coin. This time it is VENBTC -4.80% -4.80% .
You are looking at the 4hourly chart, which tells us a couple of things:
- VENBTC -4.80% -4.80% dropped approximately 45-50% since the last wave up;
- We broke through the 32k sat support
- VENBTC -4.80% -4.80% is oversold on all timeframes!!
- RSI and MACD histograms are...
Hi guys,
Another update on another coin. This time it is VENBTC.
You are looking at the daily chart, which tells us a couple of things:
- We had a nice rally from the beginning of april untill May 14th. On May 14th we touched the 60k sat resistance and dumped afterwards. This was also because BTC dropped like crazy.
- We found support on 42.5k sat (twice). This...
Hi guys,
Another update on another coin. This time it is SALTBTC.
You are looking at the daily chart, which tells us a couple of things:
- SALT is at an all-time-low on Binance
- MACD is crossing up
- Histograms of MACD are showing a bullish divergence
- RSI is climbing out of the oversold area
This could mean that a reversal is in place.
Hi guys,
Welcome to my analysis on Bitcoin. I know the last couple of weeks have been very bad. Bitcoin topped at 10k and then dropped all the way back to 6.1k. The reason of this drop is still unknown. Some people are claiming it is because of the CoinRail hack, others say it is because of Tether, others say it is because of the futures. I do not know the reason...
Hi guys,
Despite all the drama in the bearmarket we have a couple of winners. One of them is EOSBTC. Despite all the massive drops, EOS is holding nicely. I expected a bigger dump after the release of mainnet, however this did not happen.
MACD is flattening, which means no real treat.
RSI is making higher lows.
I am neutral on EOSBTC and not taking any...
BNBBTC
It seems that BNB is losing momentum by looking at the RSI and MACD. Both indicators have bearish divergences as seen on the chart.
Lets see whether BNB holds the rising wedge.
