the action of ETC is at the resistance line pink will be important. It will tell us where ETC will head to
Sell signal on 1 day chart is still valid
Buy signal on lower timeframe and indeed we have moved up today
if etc can't break the downtrend resistance, we will have a potential Head and shoulder with a target to 13$
if etc breaks it, we will make New...
Neo's weekly chart is BEAUTIFUL.
it is approaching the long-term support line again which offers a buy opportunity
Buy signal hasn't been fired yet and we are still in falling wedge so there is potential falling a little lower.
Patience is still needed but the coin should definitely be in your watched list.
P.S : this post is welcoming discussion. Not financial advise
First of all, we all can confirm that this current rally of btc IS NOT the same as the ones from last april. Alts in term of USD have pretty much gone back to their starting points of the rally. In addition, alts in term of btc have making new lows
This is really a worrying issue. WHY ?
we are forming ascending triangle and will break out to new high
Lot of people are in bearish sentiment because of bitcoin. However, I am not. I m seeing strong bulls coming
the previous dump dates are just corrections after rallies
you should read my other posts to feel general bulls from other coins .
In addition, look at that ugly invert hammer doji. At...
pump cycle of XML has started again
it has just broken out of the falling wedge with CONFIRMED volume
is it ideal time to buy in? if you like to buy in a +10% chart , then do it. If NOT, wait for it to cool down by using 30 min chart and jump. This is just the start so don't feel that you have missed the fun
P.S: this is NOT financial advise
I strongly believe that alt season has back again (you can read my alt season 's post)
ZRX has just broken out strongly with confirmed volume.
Depending on how thing develops, ZRX might be forming then handle of the cup and handle pattern.
IF the handle is really formed, we all know that NEW ATH of ZRX is coming
ZRX's news: end of july is the released of V2...
Basing on my observation of some alts' movement ( XEM, STR, ZRX, STEEM, ETC,...), I think the next alt season is coming again within next 2 weeks.
this prediction is also matched with the upcoming 2nd meeting of G20 for clearer regulation and SEC's decision for BTC ETF
sit tight and have your cash to be ready when the bull season starts again :)
These past few days , alts have risen crazily with at least 50% gain. Some moved very early then stall at top , then some start rising .
Before , I was very bullish to bitcoin . However, after observing alts' behavior and bitcoin's pump style. I think this might just be a temporary relief and we will go to 5.2k zone
- Bitcoin 's pump style is not healthy...
with coinbase's preparation for adding ETC, we can clearly see that ETC has become the most profitable altcoins for trading during this crisis time
As you can see on the chart, ETC-BTC is following a bullish ABCDE pattern and be ready for breaking up
on the other hand, ETC-USD was following a bearish ABCDE pattern and broke down yesterday's night during btc 's...
ETH-usd daily chart looks like shit. Support is broken. It tried to break the bearish trend line but got pushed back
ETH-BTC is pushed back into bearish trend line too
ETC-usd 4HR chart has shown bearish divergence
BTC-usd is struggling to reach 7k (will it??)
all of the above information shows me that another dump is coming.
I don't short but stay in USD/USDT...
Right now general sentiment is bearish.
However, btc's movement is so similar to the early April's movement now
In addition, RSI and MACD 's 1 Day is similar to April's one too.
BTCUSDshort is definitely forming bearish divergence on 1 day chart = signaling forshort squeeze
we have strong buy support at 6k$ AND MASSY buy support at 5k$
In conclusion, I'm on...