NickMoons

NickMoons

We had a nice breakout from our ascending triangle, setting a new ATH around 2040$. The length (light blue line) of the triangle was a great indicator to predict future resistance. We went even a little higher before pulling back down. So finally another great opportunity to buy more eth! Our first buy orders are already filled, but hopefully we go even lower. A...

NickMoons

I think we all saw ADA hitting almost 1$, actually on the daily chart it looks like it went just above (manipulation? I don't know). We see some support around 0.8$, but I won't be surprised if we go lower like we did 2 days ago, hitting 0.68$. You just can't expect this rocket to go higher without dropping 30% to refuel from time to time. You can draw the...

NickMoons

Let's take a look at the bigger picture for a moment... BTC is ranging between 42K - 29K the last few weeks. After the recent ATH it's time to breath and take things slowly for a bit. A good time for alts to catch up, stabilizing the overall market. I like history to repeat itself, so before we keep going up parabolic, we need times like these. It prevents us...

NickMoons

Don't like price predictions too much, but since we hit an ATH... We had a nice outbreak and close above the resistance line yesterday. Personally I think we can push it a little higher. If we take the distance between the support and resistance line, a new high could be hit around 1900$ (or another +16% if we close around 1635 today). Especially when the RSI...

NickMoons

BTC is still within this wedge AND is retesting the 21 EMA. If we close below the 21 EMA, chances are high that we'll retest the 30K. That would be a 28.5% drop from the ATH a few days ago. RSI is close to the 50 level & MACD is still bearish. Do your risk/reward management before setting buy-in orders. What y'all think will happen??

NickMoons

Head & SHoulder (H&S) pattern is occuring on the 4h chart. Supportline between 30K-31K CAN hold support but in a H&S pattern, chances are likely that BTC will drop below 30K. How low? we'll have to watch the chart closely. A 40% drop from the ATH is around the 25K level, in my opinion nothing unusual if we look at the previous bull run. If you don't want...

NickMoons

Bullish for the last months and we're still going strong! I think we can reach 30K any minute now. Still new ATH's are getting smashed, no signs of slowing down... for now. TA is hard these days, but we hodling strong till the 50K+ levels somewhere Q4 2021? In the meanwhile, accumulating with every incoming pullback.

NickMoons

LTC had a nice run-up till around 120$. We might pull back in the short term and coil into a wedge with the 90$ area in between. - Rsi is dropping till the 50 range. - MacD is converting bearish. Curious what LTC will do, what y'all think is gonna happen?

NickMoons

Last time we had a wedge on the 4h chart and it went bearish. Time for an analysis on the bigger picture on the daily chart: - closing candle below the 21 EMA. - RSI touching on the 50. - MACD crossing bearish. Next support level is around 540$, but imo we can go lower to retest 500$ (ofcourse a big even number). It's close to the green support line, would...

NickMoons

On the 4h time-frame, a clear wedge with lower highs & higher lows. - Candles are still closing above the 21 EMA. - Rsi is above 50. - MacD is bearish. What y'all think is going to happen within the next days?

NickMoons

For a healthy continuous uptrend, we need some bounces. - future support on the upper green wedge-line - still way above the 21-EMA - rsi starts to dip - macD remains bullish Happy trading, happy holidays to y'all!

NickMoons

- BTC is fighting to close above the 21 EMA. - Pink line is a key support level around 17.1K. - Red line = resistance / Green line = long term support. - RSI is just above 50, so technically we are still in a uptrend, but shifting to a downtrend is very possible if we close below the 21 EMA and the RSI drops below 50. - MACD is bearish Conclusion: keep an eye...