mathewsverghese

mathewsverghese

BTC is ranging between 38500 to 40 K..it ahs been trying tp break through the 40 k barrier. Attempted to break through yday but was not successful. Therefore, it may try again today too. For those who have a trade, its best to hold as if it breaks through 40 K, we may see 42 k as well. Currently trading in a channel moving upward, while the RSI seems to be makign...

mathewsverghese

Matic has been below the USD 1 levels till earlier today thus providing a good entry time. Though MATIC has come down drastically from its lofty highs, i believe that is is just sleeping rather than being dead. It has now crossed over USD 1 with BTC goign up. We may see further upside with Matic if BTC continues with its upswing as well. My first target will be...

mathewsverghese

ETH has been trading above the 2k range for a few days now which is good in the overall perspective. We may see ETH between 2000 and 2500 . Currently, ETH is moving sideways. There does not seem to any major spike in the prices. The first target is to get to 2500 and then we can look 2800 post that. With BTC moving up, we can see good movement on ETH but slowly....

mathewsverghese

BTC has surged to the 39 K levels. Volume is good too. It is still within the pattern I drew yesterday and looks to make another bid to cross the 40 K range. The last two times it touched 40 k, it was rejected from there. We may see it rejected again too. However, if we do continuously test the 40 k Level, the resistance will become support soon enough. I do see...

mathewsverghese

ETH was surging ahead yday and crossed the 2K barrier as well. It w as ranging in and around 2300. However, it was unable to cross 2500. However, sideways movement may be there today between 2100 and 2250. The price of BTC will affect ETH and an upside movement in BTC may help ETH too. On the positive side, it is above 2k levels and it is also a good entry point...

mathewsverghese

The pull back that I had written about yday came about las night after the price touched 40 k. For those who missed out entering, this is a good level to enter at. Though there is a pull back, BTC still looks bullish. It is now trading in a triangle and can break out from this if it gets good volume too. We may see BTC today ranging between 35K to 37 K.. However,...

mathewsverghese

BTC has broken out during the weekend. It is currently around the 38k levels. However, having been a weekend breakout, we may see a small pull back to 35 K and then upswing to 40 k...Volume as can be seen is also not too much. For now, the positives are that it has broken out and also bounced of the 29k level very nicely. The pull abc to 35k may allow us a...

mathewsverghese

BTC made two good jumps to come back into the and cross 30 K level.. The sit down with Elon Musk, Cathie wood and Jack Dorsey, did pump the price to 32.6 k as well.. However, since then its been having some red candles. It is currently trading in the zone in the chart. I expect it to to be between 31.5K and 32.5 k if all goes well. Today, could see some buyers...

mathewsverghese

ETH broke out of the downward spiral and held steady around he 1850 levels. it is now in quite a strange pattern. However, the barrier of 2k still remain. If it crosses 2k and holds that level, we could see it go to 2200 and even 2400. However, we are looking at a closer resistance of around 1930- 1950 first. An upswing in BTC can result in pushing ETH up too....

mathewsverghese

BTC is still trading in the channel which is downward in nature. Yesterday it did show some lie and try to cross 32 K but was unable to do so. Currently it may trade sideways between 31.5 K and 32.5 K..Only with some good volume or some great news will BTC be able to break out of the channel. If it does break out and cross 32.5 K, we could then see it go all the...

mathewsverghese

ETH has been trending sidewards.. With BTC not showing much of a spike, ETH too has been affected. There seems to be a resistance at around 1930. If we can cross the 1930 level and turn it into support, we may see it go to 1980 soon. Currently, it may trade in the triangle on the chart and a breakout will push it upwards.

mathewsverghese

With another restest of the 31 k levels, BTC has been showing some strength. Currently trading in the green channel as indicated on the chart, it sees BTC ay trade in the 31.5 k levels to 32.5 k levels. Another point to note is that last thursday was also a day when BTC crashed and then recovered from friday to sunday.

mathewsverghese

Briefly touching 2k, ETH has been trading in a narrow channel of around 1900- 2000. It needs to retest 2k and crossing it will happen only with good volume. It is ina good range for a trade if required. Buying around 1950 will be beneficial.

mathewsverghese

BTC continues to trend sideways. It did show some strength yday night. However, it seems to be in a downward channel from today morning. Volume too is not too high to push it beyond the 32.8 k... We may see BTC between 31.8 k and 32.8 k for today.

mathewsverghese

BTC dumped yday and brought all other coins down with it as well.. It has been on a downward channel making lower highs but still heading downwards...we will need good volume to keep the price above 31.5 k and push it to 32.5.. At 32.5 k, we can expect some stability. Currently we need stability than volatility as the alt coins are too dependent on BTC as well

mathewsverghese

There seems to be a falling wedge forming. BTC seems to be moving sideways with small highs around 33K. If it breaks through the resistance, we could see a push up to 34.9 K and maybe even 35k.

mathewsverghese

BTC dumped a bit las night. This brought the price to test the 32 K levels again. It is back on the 33 k levels. However, we need more volume to propel it into the 34.5 K range were it has faced resistsence. We may see BTC today, in the 33k to 34 k range. We could slight upsides but mostly sideways movement. If the RSI crosses 50 and moves to the 60 range, we will...

mathewsverghese

ETH has been trading in the channel.. If we calculate it in the short term, if it breaks out of the channel, it could go up to around 2370. Therefore, it would be god to keep a watch on the break out , if nay which may come up... This will help us place a long in the short term. BTC too remaining strong and moving up will help in achieving the 2370 target