Hi friends, looking at the chart Bitcoin Cash price was playing in the range between two horizontal lines. And recently in med-term (4H timeframe I mean), it drew Falling wedge, and broke up finally.
So what can we do at current minor signal of altseason?
Binance coin finally got golden cross (50EMA, 200EMA). and the price is at the support line I think.
It's slightly looks like Inverse H&S again to me.
Bitcoin is still macro bullish.
If we break 10400, I believe second major bull market cycle could start?
I think already alt season.
And also looking ath BTC dominance it sitting on critical support I think.
Hi friends! Welcome to my chart. Looking at the chart, we are at very important edge of the symmetric triangle. Bitcoin consolidated for 3 months in about 30% price range.
So how to trade?
- SHORT: If price break down the support line.
- LONG: If price break up the red bold resistance line.
What's the target?
Normally if this triangle break and bitcoin shows...
Hello friends! Today I want to describe about my thought about Money and (Dollar) and Bitcoin!
I am neither a economist or 10+ years experienced trader, but just I AM BITCOIN ENTHUSIAST!
#1 What is money?
In a capitalist world, you can't live a moment without money. We love money sometimes. Would love of money be to blame? Or is it foolish to ignore money? Or is...
Hey guys! Bitcoin is playing in a very tight range at the moment in downtrend channel of larger term.
Looking at the chart, red line worked as a support line in downtrend.
If 9800 price line breaks downs with good volume, it means no buyers at that level again, so very high probability to test 9500~9200.
I will short when it breaks down above price.
If BTC breaks...
Hello traders and guys. Looking at the chart, Crypto Total Market is yet bullish!
Total MarketCap is tested Daily EMA50 line and bouncing up from EMA50 line and probably showing Inverse H&S as you can see in my chart.
However BTC Dominance was quite huge this year 2019 and now showing Rising wedge chart pattern.
Bitcoin is the king of crypto and the safest...
Looking Ripple chart, it shows XRP can have a very probable and huge potential bull trend in Q3/Q4 this year. Ripple has been experienced very hard timing on 2019 Q1/Q2 bull market, but at larger chart, we can see it has finished Elliot waves (falling wedge) and break out falling wedge with good volume, and now is at very huge support line.
Also comparing previous...
Litecoin just halved couple days ago, and hash rate remains 97% but mining-reward get halved.
So to retail miners and small mining companie's profit will decrease, that's why Co-founder of Litecoin said most of small LTC mining business will die and the price will drop much heading to $50.
But we are trader, looking at the chart, I believe LTC can hit $140 this...
Hello guys, it's been a little bit long time. US-China Trade war is going on and on and uncertainty grows, USDCNY pumped up crazy, means how china economy affect on the global financial market and Bitcoin is great!
Let's make bitcoin great again on Q3/Q4 2019! LOL
So looking at the chart, Bitcoin pumped up 20+% in a week and tested ATH to $3200 fibonacci 0.618...
Litecoin had performing better than Bitcoin at Q1,Q2 2019. Majot thought about this rally is halving and Bitcoin recovering.
However LTC dropped quite fastly last week and we are now at support (Just IMO).
Because current price the point of 2017 mid-term ATH and we retraced 50% Fibbonacci level from 2019 ATH as you can see in the chart.
Most important fact is BTC...
Hello friends and traders! Welcome to my chart analysis. Just drunk a cup of drink with pizza bought by BTC!
Today before I start analysis chart, I wanted to share my trading experience from last Nov 2017.
The reason I share this experience with you friends is to not duplicate kinda my habits and mistakes when you want to start trade.
When I start trading, I...
Raven Coin is also the coin forked from Bitcoin and and pumped nicely with good volume from falling wedge.
But it has very possibility to test low again. I will be watching to LONG if it touchs again the support line.
I think ETH will grow much in Q3. ETH is the father of Smart contract. BTC is grandpa of Crypto world!
BTC Never die. ETH token is also growing. What I am still concerning is the difficulty of offchaine cold wallet storange and it's quite difficult to people's adoption even I am an software engineer.
However Looking at the chart ETH still holding support. I am...