Thierry88

Thierry88

TD Sequential showing a reversal signal ETHUSD Hitting horizontal resistance ETHBTC Hitting channel resistance RSI Divergence

Thierry88

Looks like we escaped out of this pressuring resistance line. In Dollar I believe BNB can reach 60$ (to the top of the channel). Vs. BTC we could see a rise of 50% to 0.003 BTC and then reevaluate from there.

Thierry88

No words... but if you need one... CupAndHandle

Thierry88

Looks like LINK is hitting the top of the wedge. Will it drop soon vs BTC? Linkusd is also hitting resistance and would have enough downside. The question is, are people selling Link for BTC because of a BTC bullrun and accordingly LINK will fall vs USD, or will both btc and link drop...? Or am I all wrong about the wedge and LINKBTC just keeps on rising?

Thierry88

Would have been a nice short after this pump. Unfortunately didn't find a market to short that thing. Maybe Poloniex would have worked but I personally don't like the exchange. Happy trading!

Thierry88

Binance Coin BNB ------------------------ Difficult to analyse, it's a coin flip IMO. We have two RSI divergences which are bullish. On the other hand the chart is in a diverging triangle formation which normally means continuation. Pick your side. Happy Trading!

Thierry88

As promised, a follow up on XTZ. BNB next. XTZ lost it's trendline vs. BTC. Aside from LINK, BNB etc looking bearish vs BTC, this will probably lead to another BTC pump. Happy Trading!

Thierry88

LINK is building a huge rising wedge... If that thing triggers we are going a 60% decline in value vs BTC. It could, but I don't think this chart is going to hit the upper boundary before falling through the wedge. XTZBTC also looks very bad (chart analysis follows) BNBBTC also looks bad (analysis follows) Other big coins too. The most logic outcome in my...

Thierry88

BTC about to meet resistances. RSI also looks as if it changed direction in the bigger picture. RSI trendlines sometimes do work and there is a resistance at these levels. I am expecting a spike to 11800$ in the next 72 hours to fill the GBTC gap. And from there, it's time for a correction with the Halving Hype hopefully ending. To get a bigger correction the...

Thierry88

Monthly Trendline lost... Furthermore, the daily chart has hit the lost trendline zone as resistance and was heavily rejected. Corona heavily hitting Lufthansa... Good luck with that chart... Happy Trading!

Thierry88

Is this the destiny of EURO? Just to let you know, I never trade Forex so my analysis may be totally wrong. Still the economic situation is interesting and we should keep an eye on the EU and it's EURO. The EU has uncertainties all over the place and the EUR looks more and more like a currency predestined to fail. Imagine what the consequences would be for whole...

Thierry88

XMRUSD reversed heavily since the last shared idea. It is now touching the triangle it escaped out of, and most probably taking it as a resistance. Most likely going to be rejected from here and continue with further downwards movement today or tomorrow. Happy Trading!

Thierry88

As mentioned on the related idea, it's a good time to stay on the sideline, as the overall situation and overall markets are quite unpredictable. We absolutely need to hold the current level of 5900$ (not close below it in the hourly chart). I know the timeframe is low. We are in a pretty ugly wedge-situation IMO. If we are lucky, we may have the chance to get a...

Thierry88

There are several factors who come into play here and why this chart is most definitely going to remain bearish: People may need to secure their last money and cash out their altcoins in these difficult times We took resistance from the breakout triangle (that's my view of the triangle, you may draw it differently) I drew two red curved lines, the thicker...

Thierry88

Flying from London to Barcelona for 20$? Flying from Berlin to Rome for 15$? Gone have the good old days of flat-rate flights. Travelling has once been a luxury and my impression is, that it will be a luxury again, very very soon. I am not sure if Airlines such as Ryanair, Easyjet, Wizz Air, Scoot, Tigerair and even bigger, national Airlines are going to...

Thierry88

BCHUSD hit several resistances. Most probably going to target 72 - 107$ region. Not a deep analysis, just a quick look at the chart though. Roger Ver going to short the rest of his worthless BCH on you before it goes to 0 ;-) Happy short trading!

Thierry88

Silver looking bearish. Escaped out of a either descending triangle or a symmetrical triangle, both are legit. I feel pretty confident to say that silver is heading towards 8.87$. Bitcoin is not a safe haven, Gold is not a safe haven and silver is not a safe haven. EUR with their problems a safe haven? USD printing trillions a safe haven? CHF running into debth...

Thierry88

Well, I am really not sure what is going to happen the next days. The BTC indicators I am currently seeing are: - Fear and Greed Indicator is very low and 5-10 levels normally is a good buying opportunity - Bitcoin on Google Trends is rising very fast, which could potentially mean a rising interest - If we keep that level, this could be the biggest triangle and...