itsmishrahere

itsmishrahere

I’m at short side according to my analysis purely price action based BTC broken some levels and i shorted for the areas shown in the charts. A triangular pattern is formed, most possibly it will breakdown and gives us an impulsive move. No Indicators. No Oscillators just price action. Please leave a thumps up if your analysis/targets match with this. This is...

itsmishrahere

As everyone can see breakout of Cup&Handle formation on chart. Factors in favour of bulls 1. It is above 21MA. 2. RSI is overbought side or can say it is showing buying strength of the breakout. 3. MACD crossover. 4. Strong vol at breakout. 5. 50MA is above 200MA. Target should be around $60. Initial SL at handle’s low. Revise your SL if market favour...

itsmishrahere

Hello everyone, as we all know the buzz for the Bitcoin price analysis is on peak, few are showing medium term 14k - 16k charts and on the other side few are drawing from 9500, 5000 until all the way to 2018 low. Well, I am also bearish ATM but it doesn't sound relevant to draw so much future and spread greed or fear, it's my personal view. So, straight to the...

itsmishrahere

As we know, TRX has much fan base and record numbers of Dapps on its network and many of us wants to know how TRX may behave in coming time. So, here we go: In this Idea, I am reviewing TRXUSD chart and checking out the possibilities. First thing we should notice we are moving in a parallel channel(as i drawn above) in 1D chart, from almost starting of the...

itsmishrahere

As we know there is a lots of talk around the traders for XRP, few are bullish by calling the price as bottom while few are still bearish. Let's have a look at charts with some indicators. At first one must notice that the bigger time frame(1D chart) is showing that the XRP is in descending triangle pattern(shown in chart with blue lines) according to the...

itsmishrahere Updated 

It seems BTC is gaining short term selling momentum as it breaks a rising wedge(see orange lines) and according to wedge it should fall near about 10800 to the support, it may bounce back from there. If 4hr candle closed below 11300 it will be a confirmation to the scenario which is support of Ichimoku cloud. EMA crossed (giving opportunity to the sellers). ...

itsmishrahere Updated 

As we were assuming few days ago that XBT may form an inverse H&S pattern, it is confirmed and can be seen in the chart. We have a pretty nice green candle(supported by volume) giving breakout of both two things: 1. Inverse H&S 2. Short term bearish channel. EMA confirming the coming trend to the bullish side, a golden cross is seen. However, a 4hr candle is...

itsmishrahere

A cup is clearly seen at the chart, the base of this is the low around $22. We can actually see the possibilities of forming a handle is pretty cool. The blue rectangle at the handle is the accumulation zone. If it is working fine, we should take a long position at the breakout after handle is formed. Remember: Every chart pattern is not a sure shot for the...