Technical analysis on Evolving system. It is looking very good with break out of the previous resistance and retesting it again as the confirmation of support. This is known as the phase 2 of break out strategy (which is a good entry for long position). And if we combine with the fibonacci retracement levels, the key levels such as 78.6 and 38.2 has the alignment...
Hello All! Welcome back with me in this another bitcoin analysis. First of all, I want you to look at my previous analysis about shadow support on bitcoin in this article which is holding true. We have seen a spike to test the previous broken support that is now become resistance. On this chart, we will cover the mid term view of the bitcoin's movement....
Hello all, welcome to the Saturday update of current bitcoin condition after yesterday's drop. Currently, After the drop we can see that the price is entering a shadow support (the yellow region). The shadow support itself is the area where the previous period's bull trap or the wick fishing region located. So, here is my view in the short term, we can see that...
During the potential global market recession in the next 1 year, gold can be one of several options for investment to hold. we will see gold pushing high to the $1600 or even the $1750 region as well. Beside the fundamental stats that show us a heaven in gold, the elliot wave is looking impressive too. Talking about elliot wave analysis, we can't separate is...
Hello fellas, welcome back with bitcoin update again and again. Coming to the consolidation zone, we can see a lot of frustation and a lot of uncertainty has came to this crypto space. The only good view is on the altcoin market which is holding its most of the bottom support. A coin like Omisego, Nano, and Stellar (beside the coin burn fundamental) has surged up...
Hello Fellas, Happy Monday and I hope that this week could be the a better week for another trading journal for all of you. Current bitcoin movement is still in play with my previous analysis and perspective, beside bitcoin is still moving in the consolidation area whether it is on short term or long term perspective. That's why a few days ahead i will be more...
Hello fellas, In this current post, I will discuss about the crypto total market capitalization especially in altcoin market. So, what is the definition of market capitalization? Market capitalization refers to the total dollar market value of a company's outstanding shares of stock (in this topic the "outstanding shares" refers to "circulating supply"). So, here...
Hello fellas, here is my opinion about bitcoin based on the dominance side of the crypto market. I hope you enjoy this technical analysis! The daily chart for Bitcoin dominance shows that Bitcoin is fighting hard to retain its dominance of the cryptocurrency market. Recently, Bitcoin dominance broke out of a falling wedge and found temporary support on the 50%...
Hello fellas, welcome back with me in this podcast once again in this beautiful day. I will try to cover today's technical analysis with a very detail technical analysis which I believe it could be useful to you. Let's get it started! So, talking again with the 3 phases of break out strategy that is becoming one of my favorite strategy which I always mention over...
Hello fellas, Here it is I represent to you my view about Ripple. Based on the technical analysis, I found an important pattern which forms a descending type of the triangle. But, once again I remind you that even the descending triangle which usually indicate a bearish pressure, it has a potential to make it a failure too. However, I only see that currently the...
Hello fellas, welcome back to our Saturday update about bitcoin. Let's get to the point We have seen a 40% surge on bitcoin in 1 day of trading. However, even in crypto industry, this is still a tremendous moves so far and unfortunately, once again it indicates that the crypto market is showing its unstable circumstance which can easily manipulated. Just right...
This is a quick update analysis about some of altcoins which have a good potential to grow and produce a possible huge profit in the near future. Let's do the technical analysis. History is repeating itself is the most suitable quotes on MATIC here. we can see a similar pattern with previous structure in this huge up trend channel. we see a failure descending...
Hello fellas, we have seen a very shocking crash from bitcoin and has screwed any of our trade set up. But, it's okay for me, This is what we call it a trade, sometimes we can win and the other time is a loss for us. But, the most important thing is how we can manage our mentality when we are in a loss position. Never let your emotion drive your self to force the...
Here it is the 3 important levels for bitcoin. Every support level that I will mention below is pretty much become a psychological area for bitcoin (green zone). each levels are having a confluence with the fibonacci levels. Here are the details for every levels and how I divide my capital to enter this long position. 1st level The area of 50% fibonacci...
Hello fellas, How are you doing today? I hope you are doing great. Let's get to the point! If you have seen my yesterday's video analysis about bitcoin in short term and long term view (and if you haven't seen it, kindly see it on this link youtu.be ), you will be very familiar with some of this key levels drawn on the chart. After the action of breaking out of...
Hello Fellas, welcome back with another update from bitcoin. This analysis is gonna be worth it for all of you guys, I guarantee it. Just like usual, I use the bitfinex bitcoin's price and once again, I remind you that this analysis doesn't include the buy or sell strategy. This analysis is for educational purpose and Just want to share you my view about this...
Hello fellas, welcome to the new week, I hope this week we can be wiser, patience and being more accurate. Let's see the weekly candle on bitcoin here. Just like usual, using bitfinex market price. I want to give an extra highlight to the green support trend line for bitcoin. It plays an important role for current bitcoin's movement and this could be an example...
Hello Fellas, this current post will be about Litecoin! let's get it started! Looking at the chart, I found a 3 highlighted aspects that make me very confident to taking this coin as one of my investment in the next 3 months or a year ahead. with a 162% potential return. Those aspects based on my technical analysis are : 1. It is now moving at the 78.6...