dennisdaiber

dennisdaiber

Another signal for a bearish scenario would be to close the gap on CEM futures chart at $8500. It aligns nicely with 50% Fibonaci Retaracement level and filling the gap theory has proven to be a pretty accurate sign time and time again. In favour of bullish turn of events, there is a hidden bullish divergence, as we have higher lowes in price and lower lows on...

dennisdaiber

ETH ‘s performance over the past 2 week has been quite positive, with almost a 30% increase in price. There is a strong trend line going to the upside on an hourly chart, so in case the price pass through the EMA ribbon it might bounce off $212 price level, before heading higher.

dennisdaiber

ETH performance over the past 2 week has been quite positive, with almost 30% increase in price. Same as other altcoins, it is now influenced by Bitcoin fall.

dennisdaiber

ETH performance over the past 2 week has been quite positive, with almost 30% increase in price. Same as other altcoins, it is now influenced by Bitcoin fall.

dennisdaiber

Cardano has been showing a steady growth over the past week, going up over 25% after bottoming out at $0.043. The daily candle has closed above the EMA ribbon, showing a parabolic move, however ADA then followed Bitcoin to the downside, retracing back 5%.

dennisdaiber

Stellar (XLM) being one of the best performing coins this week, with over 50% growth within 3 days. It rapidly reached an overbought territory and was supported by a significant volume. The resistance came from a 200-day moving average and 61.80% Fibonacci Retracement level. After peaking at $0.096 and XLM is now experiencing a 15% correction. There are currently...

dennisdaiber

let's see if the 2rd nose makes us happy ;-D

dennisdaiber

NEED TO FIND FRACTALS

dennisdaiber

Current market movement is often compared to the beginning of 2015 bull market, as there is a similarity on the logarithmic weekly chart. In 2015, the price did break above the EMA ribbon, formed a triangle much like the one we can find now and went on a massive bull run. Others, on the contrary, compare it to the descending triangle 2017-2018 that resulted in a...

dennisdaiber

Another long time frame chart shows that on when looking at the monthly Stochastic RSI, there are quite some similarities between previous and current movement. After the RSI broke the 20 level, it rapidly reached 80. At the same time, bitcoin price crossed the EMA ribbon and that is where the bull market took off. This is exactly where we are at right now.

dennisdaiber

In a short time-frame, BTC has formed a bullish falling wedge as the price bounced between support and resistance in a downward trend. This has all occurred within a large descending triangle. Considering the pattern, the target price should be at around $10800, however, taking into account a major resistance line from the descending triangle, it is reasonable to...

dennisdaiber

Head-And-Shoulders broken, next resistances topping out at 0.00002019.

dennisdaiber

While DASHUSD is caught in neverland, maybe DASH can help you if you're trading to increase your BTC position? The flag is quite extende, so it should either break out soon or not manifest.

dennisdaiber

#btcusd #bitcoin

dennisdaiber

Say what you will, I'm trying to read the future from the bones. Even if they're cold and served out on Twitter. @KingThies $BTC #bitcoin #BTCUSD

dennisdaiber

weekly chart, if prices below 4k prevail, expect further downside movement

dennisdaiber

Long term support in form of a very wide channel. Re-establishing its presence in the next days? Channel is extremely wide, $4000 is a psychological barrier, if breached, the lower bounds of the channel must hold. When closing 4h over 50% of channel, maybe bullish for a we days.

dennisdaiber

strong support on .35 but double resistance triangle on top