We are starting a new week with a nice bounce up on BTC.
We are heading towards $6000.
Unfortunately, altcoins are falling right now but this situation should change within days.
Right now BTC is still strong.
The price manages to stay on the previous supports which actually makes BTC STRONG.
It is clear bulls are woken up and the have a massive...
We had a bunch of good news regarding this project.
• First of all from now on Binance added new pair ENJ/USDT.
This makes the demand even higher and as a result, the price should go up.
• ENJ is now listed on crypto.com.
You can trade and hodl your coin there.
They also issued Visa card which enables you to pay for everything using your...
We were wondering lately whether institutions are coming into the crypto market or not.
Well, we started off with Grayscale as it is one the biggest fund which offers crypto financial products.
Only on this asset ( Gray Scale Bitcoin Trust - OTC) they have nearly $900M under management.
In other words, if institutions want to buy BTC they don’t...
This time we applied less known indicator called ZLEMA = Zero Lag EMA.
This indicator was invented by the John Ehlers and Ric Way.
Their goal was to eliminate the inherent lag in all trend following indicators which average the price over time.
This time we applied it to BTC long-term chart with a 3D interval.
Take a look...
Here it is.
The perfect setup on forex.
• The price has reached the top of Bollinger Bands
• Weis Waves – we expect termination of this wave – SHORTs are coming
• WBM BUY/SELL Indicator – the price is highly saturated. Trend reversal/ correction is highly expected.
Take a look at how good it worked in the past.
We may fall as low as...
Don’t be afraid of today’s red market.
This is just temporarily.
Investors have to take their profit after significant bounce up.
Although we may expect to have a small correction on BTC, in general, we started building the 5th wave on the Elliot Wave pattern.
Please take a look at the chart.
At the end of 2011 we had a start of the 1st wave.
BTC holds pretty strong even though we had this massive bounce up lately.
In term of technical analysis, the situation looks very healthy.
Here is why:
• Ichimoku Cloud – the favourite indicator of people from Asia where the cryptos have the highest volumes.
On the daily chart, the situation is the best possible. This is the best setup.
We made some experiments with the time frame and we noticed one interesting thing.
We applied simple indicator such as Moving Average.
We used a 3-day interval meaning one bar is the equivalent of 3 days.
We used one quick (7 periods) MA and one slower (30 periods) MA.
Take a look at the chart.
Every time 7-period MA crosses up 30 – period MA we have...
Do you know what falling dominance of BTC means?
Yes, you are right. The more bullish the market is the smaller dominance of BTC is.
It happens when the market is positive about the future and people invest in other projects than BTC.
It means they are not afraid anymore and put their money somewhere else than the safest crypto so far BTC.
As you can...
Many altcoins have exploded but we have to identify those which are under or in past correction phase.
STORJ is one of the perfect examples.
Over the last 2 months, we had 3 very rapid rallies preceded by 2/3 weeks of a calm sea.
We observed the chart lately.
It looks really good to enter.
Be careful and patient. It may take another 2/3 weeks.
Elon Musk has recently announced Dogecoin is his favourite cryptocurrency.
As a reason, he mentioned it is impossible for anyone to control it.
On the April’s Fool Monday there was a poll made on Twitter among Doge community who the best CEO for Dogecoin would be.
As a result, Elon Musk has won (Vitalik Buterin, Charlie Lee and Marshal Hayner have...
Last week we showed you 3 very good news derived from technical analysis on BTC.
• Ichimoku Cloud - On the 1D chart, for the first time since the beginning of 2018, the price chart maintains over the cloud.
Additionally, the price is over...
We made this analysis using different perspectives and different time frames.
The results are promising and we can be very close to starting a new bull run.
Here are the technical analysis details:
•Ichimoku Cloud - On the 1D chart, for the first time since the beginning of 2018, the price chart maintains over the cloud.
Additionally, the price is...
We noticed very healthy movements on EOS.
The price has broken up the last peaks and we can say we have a trend reversal on it.
We could see symmetrical triangle 2 times.
Once it was bearish and the second one was bullish.
We had a nice bounce up till the level of 0.0010800 breaking up all the previous peaks.
After small correction, we are now in...
Probably some of you have noticed positive moves on Cardano.
Rumour has it that the Ledger will support ADA on their devices. WOW.
If it turns out to be true it will be really great news.
Such a move is highly anticipated by the Cardano community.
Moreover recently Binance has announced new trading pairs with ADA.
They will add ADA/USDC and ADA/PAX...
Here is the most honest version of the current situation on BTC.
As you can see we are in the long-lasting tunnel which started in May 2018.
Since that day we did not manage to jump out of it.
All movements were present inside it.
In order to change the trend, the price has to jump over the current resistance level at $4400.
But before that happens...