ZCLASSIC has been popular for its pumd&dump but who cares we are only trading coins like this to make profit and there seems to be a profit upcoming here! ZCl recently increased to its resistance of 0.0021 and retraced back to 0.00160 where it formed a falling wedge pattern where it hit the base 0.00160 BTC for a couple of times and it just broke the falling...
The crypto market is facing some drop now.. So it can be good time to short some of your coins/ sell now and buy back later. Ethereum is one of the top coins and my advice for Ethereum holders would be to short by 3.70% and buy back at the price of 0.076 BTC. Some indicators showing a downward movement: STOCH RSI is overbought which is a bearish signal RSI and...
So if you followed my yesterday's update, I talked about two scenarios that could take place and the first scenario which I said I believe is going to take place and that is what happened, the price dropped however I was incorrect with the price that it would drop to, still it was a good price to short at 7700 USD. However my prediction was a drop to 7588 USD and...
So we have exited the retracement channel and are looking for our way up. There are 2 scenarios which I can see from this graph. The STOCH RSI is showing overbought so that is an indicator for downward movement however I think the STOCH RSI will relax till midway where it will hit the bottom of the new upward trend line and there we should see the price moving to...
As stated in my update yesterday Bitcoin had room for downward movement which is what happened today it dropped to 7300 USD price range however the trends have impulses on when going on a bull run which I like using in my analysis (can be seen in my previous charts) so when having a downward pattern, a retracement, it should have impulses which is what I have...
As we are looking to finish correction in the market and go up for next bull run more trade opportunities will be in the market and POTCOIN is one of them, we have seen POT at 0.000019 BTC value during the previous bull run and in 0.00004 BTC and this time I expect it to hit 0.00002 BTC. It has been making a falling wedge and now seems to be at its bottom where I...
We broke out of the correction trend Bitcoin has started 05/21 however we are still inside the retracement line from 10k so the bull run to 7420 USD this morning was good but we are still in the retracement trend where I still see some room for downward movement but this will be a small downward movement to 7180-7250 USD after which we should be exiting the...
Bitcoin is continuing its correction and we should be hitting the bullish divergence soon at the price of 6900 USD after which we should see Bitcoin starting its next bull run and this time we should be hitting 11500 USD at wave 1 and this time we will be out of this trend and looking to hit our HTC of 20000 USD and by the end of the year we should be making new...
The whole crypto-market is going through a drop now however the correction should be over soon and we should start seeing the next bull run. Now, on my previous trading idea on XLM/BTC, I talked about how Stellar is showing a beautiful pattern of 'Cup and Handle' and 'Head and shoulders', please check that chart before trying to understand this. XLM has been...
So the price went down as I predicted from yesterday's trend, however it went below expected as my buy-in was 8000-8100 USD but it broke this support and moved to under 8k value... So here we have the danger of continuing our retracement and the price can bounce as low as to 6700-6800 USD as Bitcoin has gone back into its retracement wave and is fighting back to...
The chart above show what Bitcoin has been doing since we have hit our low in February. The first uptrend finished with a retracement making higher low. Since then we have been on the second uptrend channel which started its retracement (retracement 2). However if to look at the Retracement 2, we retraced to 7900 USD price range making the third higher low,...
Bitcoin Gold, has been on a retracement and has finished its ABCDE wave of correction, also it has formed a falling wedge pattern which indicates that the price should be going up to the price level we had at the top of the falling wedge, which is 0.0085 BTC but as the market looks bearish for now and just started to look for its way up, I would play safe with...
Is this true? If this pattern comes out just right then I think Stellar Lumens graph should be studied for real-life patterns. The pattern almost looks hard to believe in... So let's start Stellar Lumen has made its highest price at 0.000063 BTC and is one of the strongest Altcoins in the market, it has partnership with a tech giant IBM. Stellar has been making a...
Ripple has retraced after its breakout and is looking on its way up again. This is one of the top altcoins so if the breakout happens the FOMO can be big and we may be seeing Ripple fly again. -THE MACD is close and indicates that a breakout is nearby -STOCH RSI is in the middle and may be moving down which would indicate that the coins will move to Support 2 So...
So one of the bad news for the past few days is that Bitcoin has left our trend of MACD Compression (look at previous charts for explanation of this trend) however it looks like it is going back again. When I started looking at the general trend since the correction was over and we were on a Bull run, Bitcoin has really been going up only and the correction we...
So we hit RE-BUY, and are looking on our way up. I am staying Bullish for this coin as the retracement is still healthy and as we hit re-buy the price bounced back which indicates a strong support for this coin. Indicators: -MACD is going sideways on the line of 0 so breakout can be anywhere nearby -STOCH RSI is showing oversold which indicates that the price...
MONACOIN has been on a retracement since its last bull run, and has reached its first support, the coin may go on reversal anytime as RSI shows oversold, the red Elliot Wave looks at its peak and is looking for a move up, the MACD still looks down however it can start its way up any time soon, in my opinion, as its the first time it hits this support level after...
So a lot of people said we are gonna see a Bull run to 10500-10700 USD, however that didn't go well as the market decided going steady which is because in my opinion, there is big fight between the Bulls and the Bears, the people who wanna bring the price up and the people who wanna bring the price down, so the bulls are not strong enough to bring the price to...