XRP/BTC Pair Watch out for potential Daily Bear flag on this pair. XRP has been trading sideway on this range 0.000027 - 0.000024 which is not good if you are a Bull. If we look at this history, we are currently at a low support zone meaning there is a high chance that we will not able to hold this area and Bears can send us lower to 0.000015 sats (-40% price...
EOS/BTC pair manage to find support at 0.786 Fib level and break the resistance from the Falling Wedge pattern (Bullish). A healthy pullback to retest the support at 0.786 Fib and hold it would be extremely bullish for the midterm action. Nice bull volume spike and bullish divergence on the RSI too. Daily higher low needs right now to continue the upward trend...
We are currently trading on Oct 2017 support level and at 28 RSI level which is already oversold condition. I would personally like to see another touchpoint of the downward sloping support for the 4th time around 0.00000350 - 0.00000330. This will signify some bulls are willing to buy at this very cheap price level for the accumulation stage. We all know that...
LTC/BTC pairing is at the bridge of holding the 2015 support line. If we can find support in this region a bounce to 0.007 sats is likely possible before making higher low support if bulls can turn the tide around. Otherwise, breaking this support could lead 22% down to the 2016 support level which I believe has more chance of bouncing because the RSI level by...
We have broken the neckline of H&S pattern and now doing a retest of the previous support that it should turn into a resistance. If we find rejection at this level, a drop of 15 -20% if possible going down to the 200 Day MA. Wait for further confirmation before entering Short or Long. Let's try this Free VIP signal on Bitmex and Binance! Grab A friend and Earn...
Heads up TRX/BTC holders! We could see another leg down on TRX/BTC pair. Weekly bear flag in paint right now, Low volume and multiple bear volume is seen. Drop below 0.00000130 - 0.00000120 is possible before we could see a small relief rally then head back down again. Trade idea: Ladder Longs between 0.00000130 - 0.00000120 Sats Target: Up to 0.00000160 Stop...
Watch out Altcoins! Incoming bear cross on 1D chart (50 MA & 200 MA). We could see 1 more leg to the downside and expecting an 12% drop. RSI is just riding above 30 so we still have room to go down. Bear volume from previous days is not looking good. Keep an eye on your Altcoin holdings! or prepare to buy more if we go lower :D Let's try this Free VIP signal...
Hello guys, Just a heads up if you are in Long position on ETHUSD. Potential bear cross of 50 Daily MA and 200 Daily MA (1 Day chart) if ETH continues to decline in price due to sloping downward resistance. The volume keeps on decreasing and this is not a good sign because bears can easily move the tide much lower. ETH needs to break above 200 Daily MA and show...
Hello guys, If you saw my previous post regarding the bearish sign on crypto market cap. More data are now available and we can see multiple rejections on different time charts. Potential bear cross on 1 Day chart of 50 MA and 100 MA, if this will play out and the head & shoulder pattern will come to wishes. Target is the 200 MA on the 1 Day chart wich will fall...
Basic bearish situation right now as we keep making lower high after lower high on our Daily chart. We are forming a base at around low 10k region which looks to be a descending triangle pattern and you know that's not nice. Gaps loves to fill so breaking support would likely fill the gap between $9,000 - $8500 level. Which is within the 100 Daily MA and RSI...
1st Setup: If we can hold our current price level here at monthly support base from old price action in 2018. A target of 14k BTC price is visible 2nd Setup: A Monthly consolidation and 1st higher low at around 8k region then able to find support. Bounce from this level is more likely to happen base from price action in 2018. I prefer the 2nd setup were we fall...
We always wanted to see crypto goes to the moon but we can not remove the fact that berish setups are also looming in the shadow just like this Head & Shoulder pattern. Another lower high is seign right now as the 100 Day MA (Color Orange) is rejecting our attempt to retest the previous lower high at around 310b mark. A broke of upward slooping support around...
BTC Dominance is at peak of 70 as the time of writing. As you can see on the weekly chart we are right below and currently being rejected by the 200 Weekly MA. Chart patterns shows a weekly rising wedge starting from Jan 2018 up to date and smaller rising wedge from May 2019 up to this date. being said, we are at the top of the upward rising resistance and tip of...
We are potentially forming an ascending triangle on weekly chart which by basic TA is bullish but until proven otherwise it is not valid. Indicators shows a bull cross on weekly 20 MA (Color Blue) and 100 MA ( Color orange) could sparks upward action in the coming weeks. As long as we haven't broken our higher low at around 9k price bull trend is still intact. For...