As you can see on the chart ETH is at the top on the price for now and seems has no choice to dump. why...?
just look at the MACD to see big divergence sign, macd must move down to recharge as the price.
but, on the other hand ETH movement depends on BTC and other digital assets to maintain uptrend or reverse.
BTC right now seems to have correction to...
BCH had great move up last night and broke ICHI cloud and 200EMA upward. so the price is upon 50 &200 EMA and MACD shows to be ready for gaining more strength.
I drew movement possibility that may happen in next hours. BCH needs to cross over my yellow line of the wedge and pink pale dashed line(main resistance) to
keep upward. so it can test 280$ or...
Hi every one
As you can see on my daily chart, BTC price is in my grey limited zone for days.what does it mean at all?
that means as far as the price is trapped between my 2 green and red dashed lines we are in sideways channel it can't decide for uptrend or downtrend. and our trading
would better to limit between 7200 and 6600 . the price is still below...
BCH right now seems more bullish than bearish to me. WHY....?
1- double bottom pattern and if goes down could be triple bottom for strong confirmation.
2-on rate of change indicator we can see strong bullish divergence and the line is on the positive side right now.
3-on MACD we can see the same. macd is moving on positive side.
on ICHI indicator but...
to me going upward is more likely right now.no need to explain more.
I just set key levels upwrard and if you take long position set your stop loss.
Enjoy the market
Dear fellows I would be glad to share your ideas and leave comments here
what do you...
EOS declined below 200EMA & 50EMA .I mentioned my previous analyze for grey support area and strong support level. as you see on the chart
the price rejected and bounced up from our strong support level to grey support area( now act as resistance) in 1H chart.
as far as it could stay up on our support level we can expect going upward more but if the...
I hope you notice my previous BTC analyze( recommended to visit it on my link below before reading now). as you can see the price moved down to the area I mentioned on the chart before and the daily
candle couldn't close down the blue trend line. so what's next?
now the price on 1H chart is under the 200EMA(white line) and our 50EMA hasn't cross down...
BTC 4H seems to go for correction at this point maybe after some consolidation hours. but I still remain bullish as far as the price remain upon the blue trend line. but if the price close down my line I consider it bearish.
on the weekly time frame we are still in bearish side but as you can see on klinger OSC. it is moveing upward that we may lead to...
EOS is one of my favorite crypto to watch, so after a deep declining it shows some positive sign to grow. although I'm not expecting to go back upper than I drew on my chart but it is too soon to judge.
as you can see on the chart MACD is on positive side and we are upon the ICHI cloud. we may have some correction at this level but I expect the price...
BCH had nice moving up after my last analyze. two of three of my target hit and I still looking for last target before deep decline.
looking at klinger oscillator gives me the idea that we my not go up more , so if the price closed down my blue trend line it means
going further downward, we will see.but as I said still hope going upward more at least...
BCH broke our triangle downward but couldn't keep going down. as you see on the chart the price trapped in ranged area and I expect it takes a little more long to break up or down that area.
but I am still more bullish than bearish.if you look at the rate of change indicator you see the price crossed up the zero line that is bullish sign.
BCH completed our bearish triangle and it's time to make decision going up or down. I believe going upward first to short term area on the chart is more likely.
but if the price goes downward its short term goal would be into the weak zone on my chart. MACD shows side way right now that tells me we are going to have
nice price action soon, up... or...
I take a look at the chart more deep and came up whit this idea that maybe our downtrend not done yet and we have way more to touch our bottom.
I have 3 reason for my assert.
1- BTC halving is near(around May) and if we look at the halving history we can see after halving the price go downward more and sideways for weeks
this could be the...
everything is clear on the chart.after broken up our weak zone BCH can follow our triangle pattern or break the resistance upward, there could be bearish or bullish.
being patient is the key. wait to see what's on the table.stay safe
Enjoy the market
after massive declining the price seems to get a bit stable and I think its time to buy at least for short term. so I dare to buy here for short term.
everything is clear on my chart no need to explain more.... always, always trade safe.
Enjoy the market
after all massive markets bleeding (considering every market and now we are blaming corona virus ) whatever, there was no rational on the market and right now we have to
just be patient and wait fore awhile and just follow the market movements. I just have a look on BCH 4H time frame and drew the movement possibilities might happen.
but I myself won't...
On our daily chart BTC broke down our main support( now it acts as main resistance) so declined more to 7600 territory and I mentioned it exactly in my past analysis. so what I expect to
happen is on the chart. BTC movement possibilities zone 1#-2# and zone 3#. if BTC daily candle price can close up our main resistance line and hold it for a while...
As I mentioned my last analyse the price action did well exactly what I expected. right now I draw on the chart the possibilities that BCH goes in short term.
I believe that the price should test the main zone (somewhere around 240$-220$) and after that we see what would happen.
Enjoy the market