I know this is something most people do not want to see, but if the 30k support fails again something i do expect it will do, it will retest the 2017-2018 all time high for confirmation of support. Monthly indicator shows that the probability is high.
This is just an idea of what I think might happen to bitcoin over the next 2 years.
Who am I? Started with the crypto 2017-2018 peak, I accumulate myself down all the way to 3k and called the breakout of the bearmarkedet on the day. I did also call the top 62k to my friends in my private chat ( I know the top was 69k ) but anyway.
Becouse of the montly...
Hi all :)
What I notice is that the Daily RSI seems to support over 40 which indicates that 15 will support.
Macd also shows signs that there will be no bigger sell off and that the sellers are now starting to run out of momentum.
It is now only 3 days since pundix launched f(x) token staking program. I think this will help to pull the price up ahead as f(x)...
Here is my trade plan
I don't think btc can get a breakout through $ 5336 - $ 5498 and therefore expect a retest of support.
The signs I see are that we short term will get a pullback to $ 4480 - $ 4355
What we can notice is that we recently had a goldencross where 50sma < 200sma on 12 h chart, something I see as a positive move in the market for the long term...
Let's go through today's bitcoin analysis.
Today I follow 12h to try to draw a slightly larger picture of what we are now seeing.
Bitcoin trades today about 3% over 200sma, which it has not done since September 2018.
4 times before, it has been traded over 200sma under the bear market, every single time bitcoin have failed to break out of the falling wedge...
- In the news, we have mostly had good news lately, and we are seeing larger players sign up in the adoption of the tech phase, the infrastructure is being built up and the market is planning another bullmarket in the long term view.
- The news about Wash Trade between exchanges may have an impact on us getting a lower...
Today's bitcoin analysis:
Today Bitcoin completed the dip I have been waiting for the last days, I now expect that btc will find support and will test 4k again to see if it can once again try to go bull and confirm buttom was in weeks ago, if Bitcoin do not manage to go bullI will look for a dip from 4000 to 3500 ish
On the 12\h chart Bitcoin has a clearly...
I do think btc will take a little dip to retest the 3750-3800 arena.
-if we look at stock rsi we will see at the 6 hour chart it is clearly oversold, this also applies to regular RSI, we can also see a double top on the 4h chart,
so I'm pretty confident that it is now going to retest to confirm the bullish support.
-MACD is also showing sings of losing the buy...
See the chart, the chart tell more then words.
Bitcoin has currently smashed the 21days ema on 3days chart, this has been acting as resistance tru the bear market and if we now can find support there now on the bigger timeframes we might take that as a confirm that the reversal is in, lets see how the chart plays out the next few weeks.
The 21days EMA on 3days...
Fundementals about why I enter this trade for long term
Raised a total of $30.5MM across private sale, public pre-sale, and public sales which began in Oct 2017 and were finalized in Jan 2018, selling 20% of the total token supply
Shipped first 5,000+ XPOS units globally in Sep 2018
Provided PoS systems in Sep 2018 to support ULTRA Taiwan as the first major...
Today im looking at this key trade again, im pretty sure it will retest the 200 and 250 days ema I use as target for my trades
See the chart for the reasons I buy now.
Target 86-90 ish 20% profit
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3 Reasons why i buying POWR for this 3 target trade.
*RSI has bottom out and its showing strenght of upwards trend on daily chart
*CCI also showing upwards momentum on the volume side from the buyers
*MACD is about to test cross on daily - still waiting confirmation
Lets see how it now plays out the next...
TRX have the last few weeks been in a upwards trend and I think it has bottom out now between the 280 - 350, as we can see on the volume it shows that the past 3 weeks has been very low on both sides, I therefor see this as a strong buy signal since the sellers volume also are low.
I expect the bulls to come slowly over the next few weeks and that will also...
ADX shows signs that it will soon break big upwards, it have clearly bottom out and the rsi shows upwardsmomentum from 40\39 lvl so it still indicats that adx is bullish and holding the upwards trend.
are you allready in the coin, whats your target?
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Im buying VIBE here.
VIBE have found support on the 50 and 100 days ema. I think it will try another move up, possible 40 - 90 % gains on this trade if it plays out.
See chart for targets and stoploss!
-We are a Community who help each other as good as possible, but especially the most recent ones who need to learn from someone who has already...