We have a similar situation to XRP on the BITFINEX:ETHUSD pair. The XRP analysis will be mentioned below, so take a look at it if you haven't already.
On the weekly time-frame, we have an ascending trend-line which seems to hold pretty well and it's never been broken since March 2019.
After a huge reversal from the $360, we came back to retest...
Since BTC is moving in sync with our prior analysis, I wanted to do an update on XRP.
Here you have a side by side Weekly and Daily time frame of BITFINEX:XRPUSD pair. On this pair we have to pay attention to two key level, the baseline of 29 cents and the resistance of around 36-37 cents. These two levels are hugely respected on the weekly...
Hello traders, I hope you're having a great start of the week.
In terms of trading we left behind a great profitable week if you managed to get involved into the last weeks trade analysis we posted here.
Starting up this new week it looks like we finally had a major move and a break of resistance on the BTC:USD. After weeks of moving back and forth in between a...
Even though we did not really have much movements on the market this week, XRP is looking more bullish than any other alts.
On the weekly time-frame, after a huge upside push to .50 cents, the price reversed all the way down to the baseline of .29-.30 cents.
As covered on prior analysis, this level is so crucial for XRP as it correlates with the...
Not much activity on the Bitcoin chart this week.
As covered on the prior bitcoin article, we had a great breakout from a descending area on the 4 hour time-frame. Upon breakout we retested the zone and since then BTC is showing weakness, anticipated a stop hunt to the mentioned area of 9200 that turned out to be a huge indecisive candle on the...
On this analysis I'll be focusing more on a short term perspective of BTC against US Dollar so I have chosen to break down the Daily and 4 Hour time frame.
We need to keep in mind that Bitcoin is currently being traded at around 9800 USD which is a weekly level of support, for BTC to reverse higher is mandatory to have a weekly closure above this...
Here's a Litecoin against US dollar chart on weekly and daily time frame. As you can see we anticipated a massive reversal from the $150 weekly resistance which took us all the way back to $75.
On the weekly time-frame as you can see we broke below the weekly support/resistance level and we are currently retesting it. Should we break above this...
As you can see on the ETH charts the highlighted areas that were covered on prior analysis are holding pretty well. We had a massive sell-off from the $360 weekly level of resistance which took us exactly to the 193 weekly support.
This weekly support level has a huge importance as it also correlates with the 76.8% on the Fibonacci retracement...
Hello traders, hope you have an amazing afternoon.
Here's a side by side weekly and daily time frame on BTC against US Dollar.
As you can already tell, the double top formation on the daily that was mentioned on the prior analysis seems that now is completed. We anticipated a aggressive sell-off from around 13,000 which took us to 9100, and it seems now we can...
Here's a side by side of daily and weekly time frame of $LTC Litecoin against US Dollar.
I have highlighted two key level of support and resistance on the weekly, and it seems like we've been moving inside this range for the past 8 weeks now.
During this period we had multiple attempts to break above the 150 weekly level of resistance but failed...
Here's a side by side weekly and daily time frame of $XMR Monero against US dollar. As you can see on the weekly, the price has been moving in-between a range of support and resistance from 82 to 120 USD. We attempted two weeks to break above the 120 region of resistance but failed, which took us back to the 82 region, and currently trading slightly...
Here's a weekly time frame of XRP : US Dollar. As you can tell during the past few weeks we anticipated a major pump up to .51 cents, but we failed to close above the important area which was covered on prior analysis, which triggered a massive sell off.
We are now sitting just above the weekly ascending trend line which as you can see has never...
Here's a side by side daily and weekly time frame of BTC against US Dollar. As you can already tell we have been consolidating for the past few weeks, which looks like btc is getting ready for the next leg higher.
On the weekly time frame we have a huge indecisive candle formation which we have failed to break above, and currently sitting on a...
Here's a weekly time-frame of Ethereum : US Dollar , as you can see it is somehow mimicking BTC .
Ethereum anticipated a massive sell-off from the 356 crucial level of resistance that was covered last week, and is now sitting at a support region around 285.
With major of alt-coins already being on a support region, it gives me an 'indication'...
Here's a weekly time-frame of BTC : USD and as you can see the levels that were covered on prior analysis are currently holding pretty well.
We anticipated a massive sell-off from the already mentioned 13,000 region which confluences with monthly resistance, and it is this same exact region which started the bear market in 2017/18, forming a huge...
Here's a weekly time frame on ETH:USD.
As you can tell, it looks like Ethereum is pretty much mimicking the movements of BTC, and it looks like it is starting its parabolic run just like bitcoin did.
Looking at the charts you can notice that we finally broke above the $270 level which we struggled to break for a long time, and now nearing an...
Here's a side by side monthly and weekly time frame of XRP against US dollar.
As you can already tell, alt coins has been quite past few weeks comparing to the BTC which it just rocketing towards all time highs.
Fundamentally XRP is one of the alts which had the most partnerships and has done deals even during the bear market, which is why I...
Here's a side by side weekly and monthly time frame of BTC:USD.
Bitcoin has surged all the way up to 13,000 USD breaking above all the targets that were covered on prior analysis, and it is currently traded at around 12,700 USD.
BTC showed some weakness past few days as Bitfinex went offline, and there wasn't much liquidity on the market, once...