Nitra_Bots

Nitra_Bots

So I'm still feeling bullish on crypto. I'm watching this wedge on BTC, anticipating a break to the upside. But as time goes on, the wedge looks weaker and weaker. I'm starting to think it will more likely break down, and flush out a bunch of the people who have opened longs in the past week. But after everyone gets stopped out, I'm sure the market will continue...

Nitra_Bots

Hey all, I haven't done an idea in a while so I figured I would publish this one. Check out the falling wedge on the total crypto market cap... Such a clear breakout on huge volume. I can't wait to see what's going to happen. This is an amazing bull opportunity I think. If you don't know about wedges look up falling wedge, it's a bullish formation. Plus we had...

Nitra_Bots

Hey everyone. It's been a while since I posted, I don't feel like I can live up to the quality of my last BTC analysis, which was PERFECT. If you haven't seen it, check it out. But today I was thinking "There's no way this market is going to keep going up, because CNBC is talking about it, and everyone else is talking about it." You see, in trading 90% of...

Nitra_Bots

Well April has arrived. For those of you who were here last April, you'll remember it was probably the best month of 2018. How will this April turn out? We are currently in an ascending triangle formation, where the price is making higher lows but hitting its head at a specific level. This is the fourth time we've tested the resistance. If it breaks we should see...

Nitra_Bots

This is another take on ADABTC. Please check out my last analysis on ADABTC for more info. We have an inverse head and shoulder formation which could be about to break. I imagine we would go up to at least 1500 sats but possibly much higher. If this is a bottom for ADABTC then ADA could go parabolic and could easily double from where it is currently. But it's too...

Nitra_Bots

This looks to me like a long opportunity on ADABTC. The chart has been coiling since December and now we're seeing a lot of bullish volume. The price has gone above all major moving averages, including the 200 day moving average, for the first time in a year. You can take a trade here, but you could also invest here for the long term. It's up to you. Good luck...

Nitra_Bots

BTC broke out of the wedge it was in a few days ago with a spike in volume. Over the past few days the price has been consolidating sideways on lower volume. Now, the volume on the original move up wasn't very convincing. And the price could drop from here and keep tightening. If that happens I'll have to adjust my trendlines and wait for the next attempt to...

Nitra_Bots

Since my last BTC update I've been feeling more and more bearish. It could be good old market mind games, but right now the price is hugging the lower end of the range. Usually when the price gets dragged like this towards a trend line, a break of the trend line is imminent. So I'm watching for a break to the downside, and I'm still watching the volume looking...

Nitra_Bots

Bitcoin is currently consolidating and approaching its next big move. On one hand, we are in a bear trend so the price is more likely to continue down than up. But on the other hand, we are so far below the 200 SMA that we are likely to go up some more before we drop further. Also, on a shorter timeframe this is a bull flag which is a bullish formation. In any...

Nitra_Bots

Hey everybody. Most cryptos are currently making an inverse head and shoulders pattern on the daily timeframe. Here I'm analyzing NANOUSD but I'll probably do a similar analysis on a more popular pair. If you have a suggestion let me know. A head and shoulders pattern is an indication of a trend reversal. Here on NANOUSD you can see that the chart was making...

Nitra_Bots

Please don't trade based on my technical analysis alone. This is only meant to provide you with new ideas and new insight to improve your own unique approach to trading. I don't expect to accurately predict what the price will do. I just enjoy imaging different scenarios that could happen. Enjoy! This is just a quick update on ETH. If you don't know, I'm very...

Nitra_Bots

Please don't trade based on my technical analysis alone. This is only meant to provide you with new ideas and new insight to improve your own unique approach to trading. I don't expect to accurately predict what the price will do. I just enjoy imaging different scenarios that could happen. Enjoy! Altcoins have been on a dramatic bear run ever since topping out...

Nitra_Bots

I had to repost my idea because I accidentally violated the rules in my previous post. Sorry for being redundant. Thanks for your patience. Please don't trade based on my technical analysis alone. This is only meant to provide you with new ideas and new insight to improve your own unique approach to trading. I don't expect to accurately predict what the price...

Nitra_Bots

I had to repost my idea because I accidentally violated the rules in my previous post. Sorry for being redundant. Thanks for your patience. Please don't trade based on my technical analysis alone. This is only meant to provide you with new ideas and new insight to improve your own unique approach to trading. I don't expect to accurately predict what the price...