From Tuesday's low, we have seen an increase of over 63% for the price of OmiseGo. The price moved to the upside in a parabolic manner but has now started showing signs that the impulse wave might have ended with the price interacting with the upper level of its current ascending channel. The wave structure implies that we have seen the completion of the 5th wave...
The price of Ethereum has bounced from its horizontal support level indicated by the Volume Profile Visible Range and started going to the upside again but found resitance at the intersection of the 200 EMA and the 0.382 Fibonacci level. We have seen a breakout from the descending trendline made from Mondays high, which is why further increase could be expected...
On the daily we can see the price is around the support level with strong correspondances and has formed a bull flag. Breaking to the upside would potentially net us as much as 60% profit.
The price of Zilliqa has been increasing from the 2nd of August unlike other major cryptos but has now started forming an ascending range from which we could expect another impulsive runup as it is likely developing its 4th wave from the lower degree count. However, this five-wave move that is anticipated to develop in the upcoming period looks like the sub-wave...
The price of Ethereum has been moving in a five-wave manner from the 2nd of August which could have been an ABCDE correction like it was from the 27th of July which was a lower degree 4th wave and like it was from the 2nd of June which was the higher degree 4th wave and the 1 significant fractal. Projecting on the price movement from those ranges we could expect...
The price of Bitcoin has been forming a bullish fractal like the one made from the 8th of May until the 25th of May which as it turned out was the 4th wave of the higher degree count and ended with an impulsive breakout to the upside. The current one is then most likely as lower degree 4th wave which is why we could be anticipating another breakout above $12000...
BTCUSD value area high and low + bullish flag pattern
Hi traders, On the daily BINANCE:BATBTC we can notice an almost perfect bullish Cypher pattern forming. We can expect a return to the upper descending resistance from now on.
Hi everyone, We've seen low volatility lately, but this week we might have a change . We are currently waiting for the confirmation triangle to have a result. On the low side we have the first $7900-$8200 to watch out for On the high side we have the $10500 level to break in order to start thinking bullish More infos and analysis on our free channel : ...
Hi everyone, We've rarely been this close to this kind of make or break level. Let's dive into it. After weeks of consolidation we are approaching the final hours of our triangle pattern, formed between the descending 2.5 year trendline and the lower part of the ascending channel which began forming in March. We have multiple factors that tell us we ARE...
I think ether is going to make a promising move here
Hello Everyone, Let's look at the daily chart and try to analyze what is going on at the moment. We've had a reject at $8600 two days ago, but the volume is not extremely high , we have a lot of sell walls at the $9040-$9050 levels that might break the upside swing. Here we have 2 possibilities, either we break $9200 and then we have a clearer view on the...
Miners under pressure, sellers getting stronger, what can happen this week? Hi everyone, this is our insight for this week. First of all let's look at the non graphic macro , in our case a very important stat is miner profitability. In short if they are profitable they aren't as inclined to sell in order to pay bills, but it is not the case now, even the Chinese...
Hello Everyone, Starting this analysis with the daily chart. Local daily high at $7836.5 and the 0.618 Fib is still untouched, volume is not sufficient to break the resistance line drawn by it. Possible retrace in the works, but it's to soon to tell. On the hourly chart we can clearly see that we are approaching the end of the flag pattern and entering the...
Hello Everyone, Quick look at the hourly charts. Flag pattern takes shape more and more, with the pole on the 23rd of April, we're now at the midway between the top resistance(kinda strong and respected with 4 touchpoints) and the nearest support at $7627. I see a short opportunity here, however with tight stop. Follow us on live stream on Twitch for real...
Hi everyone, Back with another view of the BITMEX:XBTUSD contract on Bitmex. Let's start with the daily which is looking like it's about to go trending after 7 days of range motion between $6750 and $7300 , we might have a zero candle (that doesn't say much about the market) which might shake off some early shorters or buyers. We are also squeezed between the...
Hello everyone, Yesterday went as expected, we hit our (orange circle) and almost our hourly support with a precision of one hour (which is nice). We seem to be hugging the lower side of the channel now and the hourly resistance moved down a notch to the $7200 levels. The MA's are not defined correctly in the hourly but as it sits this seems like a 2:1 long...