Just want to update my previous idea of bitcoin. Ya we just hit our target in upper line of falling channel. The strategy still the same. If we break and hold until the daily close candle shows up, then add more money to btc. If we fail, take profit, and wait another dip. I put my R:R set up too :D Note: i dont trade in hourly time frame, i use hourly just to...
EOS had break the bullflag in the past few days, but as btc were going down, some alts follow btc, so do EOS. Now, EOS is forming diamond pattern that ready to break. But, will it breakup or break down? The outlook so far is still bullish. But we don't know what is coming next. If the RSI support line is break, i think we will see the price goes down as...
Hello guys, it's me again! I see the fractal of those two falling channel. Look at the channel! In the last falling channel, we were bouncing after hit the RSI oversold zone, but we are not break the falling channel after that bounced. It was the 4th wave then we go back to test the green support line to form the 5th wave. I see that that move will happen to...
Last time ADABTC move from lower bollinger to upper bollinger band is in the end of april. Is it the start of big gain again? Recently, the gain on 4hour followed by higher volume than the average volume in the past few days. The RSI also shows good move. Let see this coint Test 2828 satoshi soon.
It always happen, the dump before the mainnet launch on some coin haha. TRXBTC fail to form the 5 wave. As it fail, we will see the 50-MA in daily chart test soon. 50-MA in daily is located at 785 satoshi. As in 1 hour and 4 hour timeframe is oversold, i think we will bounce to 860 satoshi (to test daily 25-MA) after hit this 50-MA in daily. Lets see if TRXBTC can...
Hello guys, it's me again! I want to share my perspective about the market today. I have some point to talk today. May be, it will be long for you, but i hope it will help you, here we go! note: -The red MA line is 50-MA -The green MA line is 55-MA -The gold MA line is 100-MA 1. Bull Market vs Bear Market in Weekly Time Frame The first point is i want to show...
Hi, It's me Again! As BTC is still struggling with the bear, i will more likely to update about alt that outplayed btc. EOS/BTC is one of them. EOS/BTC just break the bull flag that show us that the rally to make new ATH will continue. The MACD is signaling that the correction is nearly end. The first resistance seen in the middle bollinger as .618 fibb level. A...
The set up of TRX/BTC is so good compared to the other alts. Seems like TRX outplayed BTC the past few days. I see TRX ready to break the big wedge, and from the MACD signaling that the bear is confusing on this one. In addition, the RSI moves is setted up to get higher. As the completion of the 5th wave, my target is aroung 1,2-1,3k satoshi.
ETH just formes very nice bear flag on 1 hour, and that's good news for every one who want to take short term play. The last bounce without volume makes it easier for the bear to ride the wave down. I am very bearish for ETH right now, and there is no need to draw much to see that :D
Hello Again! As the btc failed to hold above 8000 usd as i mentioned, then we will see this downward channel in play. I see a support in 6,8k, but i think there will be big reaction from buyers in 7k before it reaches 6,8k. Although, i don't say that 6,8k as a big support, we will see every support line tested, so i will not say 4k, 5k, or 6k as target before it...
This is my count, the last bounce is so bias, so i have not defining it yet. I still wait the daily candle to close. I think this is not the time for cut loss yet, bet patient is the key. Another thing is, RSI has not break the support yet. The Bull Scenario: IF we hold above 8000 usd, we will see another bounce to test the last resistance 8600. The Bear...
This is the bounce we are most waiting for. I see many bull divergence from some of time frames such as 30 min, 1hour and 4 hour. In addition, i see that we will break this falling wedge. The bull scenario: The thing is, we need to close above the red line 50-MA (recent support) around 8300 for daily candle today. If it happens, we will see a tweezer bottom, and...
The new candle on 1 day chart had just formed as we just close the day per UTC. The new candle is bearish engulfing candle that embody 2 previous candles and it just makes the pattern looks like three falling pattern. As we see, the pullback as the over sold on 4hour has make a channel that ready to break down. The channel on 1D chart formed from 50 MA and 100...
Let me show you that the bear is getting weak on the price range 8200-8400 usd. We can see it from the RSI and MACD that getting higher when the price was getting lower. Recently, the price bounce with strong volume and RSI. Still, we can't say this is a reversal nor pullback before we get the daily close candle. See you in the next move!
We did it, we hit the target of this big channel, around 8,9k as the logically support like i already mentioned and bouce as the 1 hour TF shows the bullish divergence signs on RSI. Now, we are likely to test some resistant, before the next ride to 10k on this big upward channel. The first resistant place at around 9250 dollar. I'm happy to help you out there to...
The bear is getting strong, we can see it from the MACD line crossing down the signal line on 1d timeframe. However, I see that we are working on a big channel, so maybe, we have strong resistant on 8,8-8,9k. Below the 8,8k it will be bad news for the bulls.
I still believe that there is big Bearish div on 1d timeframe from RSI and MACD like i post on 5 May. Now, i see potential bearish engulfing candle if we close the 1 day chart per utc below 9685 dollar. This candle is followed by hanging man and bulltrap, so this is could be the beginning of big correction as the bull fail break the 10k.
Bulls has just continued its uptrend, but from the RSI and MACD we can see the bulls loosing his strenght. We need very strong push higher to make the market psychology believe that bull still on its track in the next few days.The longer the bull wait to push the faster the bear takes the market down. Play safe guys!