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In the short term we expect BTC and ETH to move sideways/slightly up and other alt/shitcoins to be bullish. However a sudden correction would not be very surprising somewhere in the following weeks.
BTC is possibly breaking above resistance on the weekly chart. However there is no clear confirmation that price will go up right now, BTC is just less...
Small correction across the markets in the short term, followed by sideways bitcoin and ethereum, other alts should start gaining strength when this range is being formed.
Review of last weeks TA
BTC hit our target from last week between 45k and 47k. So did ETH. The markets seem topped out for now as predicted.
We expect some sideways consolidation...
Small hiatus past weeks but we’re back at it again.
This is not a price to FOMO buy. In fact if you didn't take profit near the last top now is a good time to do so.
Last analysis we predicted a test to 42k which played out very nicely. We managed to get in the market on the buy signal provided by our strategy depicted in the chart. We hit our...
TrendTracers Weekly T.A.
Review last analysis:
Price is not looking bullish anymore but neutral. Our system didn’t print a buy or a sell signal.
We expect BTC to test 42000 someday but not in the near future. Price hasn’t done much the last two weeks so our advice is to stay out of the market.
There were some lows below our secondary...
TrendTracers Weekly Analysis
Review from last week:
Daily closes above 34k would be a bullish indication according to our last week's analysis. We did get some closes there but no buy signal yet, maybe this week.
This weeks conclusion
Markets are starting to look bullish again. We are patiently waiting for our system to print a buy signal before we...
ETH tapping weekly support and reacting off it, we might be able to see a price relief rally to 2800-3000$. On lower timeframes you can see it raided liquidity just below 1740$ aswell when BTC collapsed to 28k-29k.
A weekly close below 1800$ will invalidate this trade.
Trade safely, manage your financial risk!
TrendTracers Weekly Analysis
Review last week analysis
Price followed our last week prediction exactly, moving in the indicated range on the BTCUSDT chart. Liquidity was grabbed around 29-28k as anticipated.
Regarding BTCUSDT a close above 34k would indicate a bullish move up to 46k according to our system. We will wait for our system to generate a buy...
TrendTracers weekly analysis
Review last week conclusion
Last week’s conclusion still holds up. Bitcoin is more bearish and we profited off some shorts.
BTCUSDT is testing the HMA after a buy signal indicating a possible long but price is still in chop. Price is ranging and we broke slightly above resistance finding liquidity and dropping back down into the...
Review previous conclusion:
Last week's conclusion still holds up resulting in profits from our shorts.
BTCUSDT and BTC.D
BTCUSDT is shaping up to be bullish. Our Levels of interest are 46k as resistance and 28k, 38k for support.
BTC.D reacted to the lows two weeks ago, now it’s forming a higher low. Bitcoin is gaining strength against altcoins as seen in the...
Filecoin has had a great move to the upside, after this correction one can anticipate strong buying once the markets start moving to the upside again.
55-50$ seems like a good place to start a DCA for longer term plays.
I'd expect a manipulative move into 30-28k causing some max pain across the markets before any significant move up, it is probably going to be a nice place to add a little more btc to our portfolio (and probably some altcoins too).
TrendTracers sunday analysis
Not much has changed since last week. We are still bearish but there is room for a correction up to 46k. However in the bigger picture, price is likely to go below the lows of January. Around 28k might be another support level. For now we’ll sit on our hands.
btc.d reacted heavily off lows. Btc.d looks like it’s forming a...
NEO seems to be forming a big bottoming pattern and is currently re-testing previous accumilation ranges. I'd say this is another nobrainer place to invest longer term. The charts look good for more upside long term. No need to instantly fomo, this bottom probably has to develop and can take a month or two before it starts taking off. So scaling in over time near...
XLM broke out of it's multi year accumilation range, right now re-testing that range as support. I'd say this is a nobrainer place to invest longer term. The charts look good for more upside. No need to instantly fomo, this bottom probably has to develop and can take a month or two before it starts taking off. So scaling in over time near the lower ends around...
Sunday Market Analysis.
BTCUSDT. First impression is bearish, there seems to be yearly support at around 28k, We’re expecting more sideways consolidation. We will be looking for shorts in AltCoins if we see price rise in the range of 44-46k as indicated in the green orderblock in the chart.
BTC.d. Seems like price broke out of the downward trend, indicating the...
Review previous conclusion:
Last week we said that the market looked bullish. Well we were wrong. We got kicked out of our long on Bitcoin. Our alts did better and we made some profit there but eventually we got shaken out. The market is looking bearish. It looks like our bearish take is playing out.
Our first impression is a bearish one, observing...
TrendTracers Sunday Analysis
Last week recap:
Looking back at last weeks conclusion, it seems the market behaved in our favour, we opened 6 longs in altcoins of which 5 were profitable. It seems that this week we might be seeing the big player bitcoin make some moves. A buy signal fired in our system so we might be looking to take a position here.