Positions x3 as shown with green dotted lines with tiny position sizes (around 5% of usual). Let the hash wars begin. 15 minute RSI entering oversold territory. Expecting a big dip leading up to the fork as speculators take profits and sell off. Golden line is approximate time of hard fork. Anticipation: BCHABC dump post-fork, BTC to follow suit, BCHSV gain due...
BTC has failed to breach the 10-month resistance trend line currently lined up at around $6,500.
Bitcoin will now likely test the $6300-$6,350 support area, or face falling to $6,200 and retracing the recent rally.
15 Minute RSI is bearish (mid 30s) but with lots of room to drop to oversold levels (ie around 15-20).
Good 15M volume like yesterday evening which...
Analyzing the Tether Price from Kracken, where according to cryptocompare, 90% of the volume derives from. The stable coin everyone's talking about that dropped 15% against USD. Will it tether back to $1?
Tether is finding support at the early 2018 levels of $0.94. It is currently 4.6% away from it's $1 value.
Daily TD Sequential is on a 9, hinting a reversal is...
Using the Coinbase Dollar pair for sanity sake, a fresh look at the charts. The USD charts are still real.
The price has so far mostly sold off from the daily highs and resistance level of $6,800.
Similar to in summer, October 15th has already seen high volume (16k) and will likely surpass August 22nd
The correction for the day will likely continue further...
Chart shows an over-extended rally peaking to a ridiculous $1.24 for TrueUSD against Tether.
RSI on the Daily chart is still overbought at 85 with an RSI double top appearing on the 4 and 6-hour.
TD Sequential on the 4-hour showing a 9, so expect a 1-4 candle correction, at minimum.
Major support between $1.03 and $1.04 will be the key level...
Despite popular belief, BTC is still holding within a form of pennant based on the Daily Line graph.
RSI positive divergence is still tact and currently facing resistance attempting to climb back into the neutral zone (40).
Immediate prices to watch: A break and close below $6,250 (pennant support) or a above $6,500 (pennant resistance).
The new stable coin known as Bitcoin is looking notably better on the BTC:EUR chart than the BTC:USD chart today. The 12hr RSI is currently at 59, just below bullish, compared to BTC:USD that has fallen to 53. Low volatility is changing the times.
Currently bullish on a close above €5,800, but if selling on the USD pair continues then the EUR pair with fall...
20 Day crossed the 50th Day in a convincing bullish manner on September 20th.
The price broke above 100 Day MA on October 4th with T.D. Sequential on a 9, hinting at a pullback.
Daily RSI is attempting to breach 70 (overbought territory) and is therefore discovering resistance from sellers.
ICO Price shown in green dotted line at $0.0197. The price has risen...
Symmetrical triangle building on the BITFINEX:BTCUSD Hourly charts (1, 4 & 6) entering the second day with expiry in the next 12 hours. Chart is a 4-hour. Current scenarios:
A) Breakout north above the resistance level of $6,800 after initial rejection. (Likely)
Note: This level has acted as strong resistance for nearly 4 weeks.
B) Breakout south bouncing off the...
Open: 512 USD or around 510-515 USD --- Lined up for a bounce at 40 RSI
Target: 630 USD (+23%) to 700 USD (+36%) --- 50 to 200 Day Moving Averages
Stop: 480 USD (-6%) to 495 USD (-3.5%) --- Note June 12th & 16th Strong Support
Risk/Reward: 3.7 to 11 --- Average Risk/Reward = 6
COINBASE:BTCUSD BITSTAMP:BTCUSD BITFINEX:BTCUSD
Entering Day 6 of the hourly pennant with a (up/down) breakout set for today / early tomorrow.
State of play: Decreasing volume since June 13th, consolidating in a tight decreasing range.
Technical analysis: Daily RSI has flattened at 34 (bearish). Re-discovering resistance at the 20 MA (6-hour).
Line Graph of BTC/USD making a perfect bullish pennant for CoinMarketCap and Coinbase investors not paying attention to candles. Bounce overdue?
Line graph version of:
COINBASE:BTCUSD BITFINEX:BTCUSD BITSTAMP:BTCUSD
BITSTAMP:BTCUSD BITFINEX:BTCUSD COINBASE:BTCUSD GEMINI:BTCUSD
Make or break moment based on Relative Strength Index (RSI).
Level to watch: 42.5 Weekly RSI
Short-term: Bullish for a bounce
Long-term: Very bearish
Litecoin Short Squeeze incoming or further into over bought conditions?
Analysis: Double top in progress with TD Sequential passing a 9.
Level to watch: 136,000
Prediction: Shorts about to get wrecked.