In this Technical Analysis I will cover long term perspective about Bitcoin I will update this Technical Analysis every week. If you don't want to read all the details of this TA this is the resume: Short Term: Bearish Mid Term: Neutral Long Term Bullish. Short Term: Bearish BTC formed bear divergences in 1D also is testing the macro resistatance at 13860. I...
this is my medium + short term TA for BTC I posted the main supports and resistance taken from my long term TA for BTC using monthly chart. You can read the long term TA for BTC here for this chart I am using 1D chart to show the expected moves for BTC. For 15D btc was in sideways ...
This is my long term TA for BTC I did 2 weeks ago. The dotted lines are the main trend lines of BTC. As you can see BTC got rejected at 14k touching the trend line and the top of the BB and .65 fib level. We can see BTC likes to play very well with Fib levels. I am going to explain this chart in somer parts. Using the BB indicator we can see BTC reached the...
Like I said in my last TA BTC could pump to 4500 or 5000 area. I am very happy to see finally BTC is going up and reached all my targets. In short term I am expecting to see 5 waves . This pump is the wave 3 so I am expecting a retrace to .236 fib level, more likely to .382 fib level this fib level is very important in 1D chart because the MA 200 and EMA 200...
Nuls one of my favorite coins is playing very good with massive returns. Finally this coin reached the target for this wave 3. This coin has very strong support at .382 fib level. I am going to open this trade laddering my longs from .236 fib level to the top of the wave 1 at .5 fib level. My target will be .768 fib level or higher. This is not financial ...
ZRX finally broken the big falling wedge. Indicator are healthy I don't see something can stop in short term this coin to go up. Based in the VPVR and Fib levels this coin could find resistance at .236 fib level and .382 level.
BAT is playing very good with massive returns... Finally after almost one year breaking the biggest resistance line . The biggest question is... Can BAT hold this line as support? RSI is not showing bearish divergences in 3D chart. Momentum, ADMF are not showing bearish divergences. But all of them are in overbought area. Stoch is in overbought are making a...
XLM in Feb broke the .618 fib level this level was acting as very strong support in the past. Now this level is acting as very strong resistance as expected and is forming a very important death cross with EMA 100,200 (weekly chart) if this coin can not hold .65 fib level there is nothing that can stop the free fall to .768 fib level or even lower based on...
I got many requests about ZIL in some groups. I've decided to share my TA for long term. This chart in my personal opinion is very perfectible and easy to read. After and Extended wave 5 ZIL made a very big correction ... Breaking even the top of the wave 1 that is very bearish for me ... After C made a symetrical triangle same as BTC from 6k to 3K and broke...
BNB is killing the market with massive profits . This is my TA for long term... As you can see we have 5 waves in 1W Chart. Stoch RSI is in overbought crossing with selling signal. BNB got rejected with the the top of the trend line . Looks like BNB started the correction for this last 5 extended wave. If BNB is in correction mode now I am expecting ABC...
Bitcoins is forming this descending triangle for 3 months. From EW perspective Bitcoin is making a ABCDE pattern for this triangle in a big time frame (weekly chart) Now BTC is forming again a inverted H&S pattern is bullish signal. But the most important factor to see this pattern playing out is the volume in my personal opinion. So, I don't see the volume...
Now this coin is forming a symmetrical triangle for the wave 4. I will wait the confirmation but looks like will go up to finish the last wave My target for this setup is 160 area. All the SMA 55,100,200 crossed making a golden cross few days ago. This is a short term trade because This coin is losing strength If we see the bigger picture. This is not...
Hello! Looks like BTT is in correction forming a ABC and now forming the last wave C. I thought as many traders we were in wave 4 and we would reach double top or go higher with the wave 5. But this count was invalid in the moment we broke the top of the wave 1 at 0.00092 area This is an alternative count Bearish count and it makes more sense to me because...
Same thing happened with BTC we had a death cross in 6k levels for BTC in 3D chart but this death cross for eth is more powerful because this is a MA 100, 200 will have for first time (I could not find more data) a death cross If we see what happened with BTC 6k - 3k(for now) maybe will drop less... ETH will crash around 25 usd to 30 USD
I have been trading ETH for long time and looks like we will have a nother leg down touching 100.33 - 86.74 range Now we are in the wave 4 doing ABC or starting the final wave we will see in few days.
STORM is one of my favorite alt coins I invested in the past on this coin and I made a good profit. Now is in the strongest support around 200 satoshis Storm is oversold now with the RSI around 25 Storm formed a falling wedge that is a bull signal. The problem I see with STORM is if the 200 satoshis support is broken we will see new lows because STORM does not...
August is the month of ZCL with all the news and the incoming fork finally after weeks in a down trend ZCL broke the triangle and the volume is increasing. Just in few days ZCL jumped from .0010 to .0016. We have a big resistance around .0020 here are my target for short term. If we break all the target of course we will go higher. Something very interesting the...
Simple script showing 6 EMAS 8,13,21,55,100,200