bloodgood

bloodgood Updated 

Bitcoin dropped to exactly pre-corona levels. Strong support is holding the price and this looks like pretty much it (regarding down trend). So if the current support holds then we could see fast recovery to 9k levels. If it won't hold then there is paralel channel support lines Bitcoin would need to break to move more downward. Halving event was classic "sell...

bloodgood Updated 

Hi Bitcoin was the name of the week. Huge media support & lots of buzz going on around halving event. The candles are currently seating on broken resistance trendline (from 2019) which still needs to become strong support (next daily candle must close above) So if the next daily candle close above that trendline then we will most likely see re-test of the new...

bloodgood Updated 

HI. What an amazing ride, what a showoff. Bitcoin has shown once again that it is a monster. On monthly chart we can see clearly how the Bitcoin did a fakeout from the 9 years channel and returned ! This is very bullish for me, since I beleive that this market is cyclical. And this could be the sign of new trend. Bull trend. Enjoy the ride..

bloodgood

Hi all. We are looking at Newscrypto coin. NWC formed a descending channel pattern and double bottom! So two significant bullish indicators could point that NWC is about to exit that channel, return above strong support. I'm loving this coin because the strong project behind it. No hype, no pamp & damp, no empty promises. Just a great working product, a...

bloodgood Updated 

Hello all. What a days for Bitcoin. Just wow. Bitcoin was preparing for growth last few weeks. We saw a perfect morning star pattern and really strong support trendline. From that none expected to grow this much. In previous analysis I said that there is CME gap that bitcoin could go&fill. Well, bitcoin did that. What was the cause? Some say tether printer,...

bloodgood

Hi. We are looking at one of the top cap Altcoins - EOS. EOS lose some steam due Bitcoin crazy ride, but it stopped right where the really strong support is. That support line holds from September 2019, so for now it was a great accomulation zone. There is also a reistance trendline which EOS will try to break in the following weeks. From that, there are no...

bloodgood

Hi guys. As last time, NWC coin did something as expected so based on chart I think it is preparing for some big moves. I see huge buy volume spikes which indicates further growth. A project just announced official partnership with KuCoin, so that could give them recognition among their usersbase. Let's see how NWC will react.

bloodgood Updated 

This chart shows us the Bitcoin pre & post halving behaviour prediction. Right now Bitcoin is sitting on a support trendline and could re-test previous resistance levels. First it should break "key resistance" so the bulls could place their orders more confidently. And after that we have a major resistance which could be eventually broken too (due pre halving...

bloodgood

I see a lot of panic today. Most authors are predicting doomsday predictions and calling new lows (because of the OIL). But I think that Bitcoin won't follow the oil. Correlation broke a while ago and Bitcoin recovered from the covid free fall pretty fast meanwhile oil is still testing new lows and breaking 20 years+ supports. So the bigger picture? I don't have...

bloodgood

We can see a pattern with higher highs and higher lows which normally indicates that price could follow in channel to the next higher high. Binance coin is utility token for reducing fees on Binance exchange and therefore many traders use it instead of USDT which gives BNB a value because it has lots of holders (after a trade you always stuck with some bnb...

bloodgood

Hi all. Yesterday I did BTC USD analysis which shows us that Bitcoin could grow in the following days. If that prediction will be accurate, then we could see many altcoins lose in correlation with Bitcoin. We are looking for one of the oldest altcoins - Litecoin. And many people think that Bitcoin and Litecoin moves in the same direction. But that is false....

bloodgood

BTCUSD pair gave us lots of opportunities for swing trading in the past weeks. Repeated patterns, repeated support and resistances. People were calling it boring, but it was a lot of fun for me. Bitcoin will try (and succeed imo) to break up from the triangle. The target I'm expecting to hit is 7600usd. Yes I know, "it should be 3k", "uneployment rate higher...

bloodgood Updated 

Again we see some repeated patterns that Bitcoin just looove to follow. So we can expect a bit lower price to complete the channel (sub 6k) and then rally to 6500 levels. A lot of things going on. Some calling it more down due the world in crysis but I think that it won't go further down in following days. If there is a time to sell when everyone is greedy,...

bloodgood Updated 

NWC coin had a nice rally in the early spring but lost the steam later. I've read that newscrypto team is preparing some major events (stakings, marketing), and that gave me a green light to go in this position. NWC broke the downtrend resistance and there is little obstacles to go full parabolic. Since the project has a solid working product (a platform) and...

bloodgood

After two succsesfully predicted falling wedges we are now looking into a ascending wedge pattern. Nothing dramatc, but that shows us 6400 zone could be re tested soon.

bloodgood

Bitcoin is holding strong in this storm. We see a lot of sideways movement lately and just after a breaking from first falling wedge, there is another one right now. Not much more to say from my side. All explained in previous analysis. Still not in any significant trend (bull or bear). Just taking advantage of current movement.

bloodgood

We seen a nice rally yesteday which indicates that bulls are in favor to push the price up. Today I expected that bears would push the price down a bit, but the price remained above the local support. Whole western world is in panic, but China reportedly took immediate action in maintaining the strong financial position and they are buying foreign stocks,...

bloodgood Updated 

Bitcoin is acting promising in the last days. Doomsday predictions everywhere but Bitcoin decided to go fully horizontal. This could mean few things. First, there is not enough buying power and price is standing pretty much in no trade zone. Or that could also mean that someone is silently accomulating bitcoin. Waiting for every minor drop and do a purchase, and...