mulugulu91

mulugulu91

Hey guys! I hope you're all doing great and gained some nice profits in the last bullrun. Some of you (including me) might even be in a short position right now. The world of Crypto is definitely crazy, but isn't that the reason why we're here? Let's get to my TA for Monero! On the daily chart you can see, that after the failed breakout of the H&S pattern which...

mulugulu91

Hello and welcome to my Bitcoin Analysis! The weekend is knocking at the door but before we let it in, we should take a look of the market behaviour in the world of Crypto. As Bitcoin broke through the big resistance (white trendline) one week ago, it did not approach the trendline again but makes higher highs ever since. At the current moment I see a healthy...

mulugulu91

Hi Guys, a warm welcome to my most recent Analysis of EOS on the 4H time frame. As you can see, EOS started a heavy bullrun on March 11th and went 60% up! Big numbers need big retraces so we are currently in the phase of correction. I have two scenarios here, both bullish and bearish which I am going to share with you: Bullish 1. On the bullrun we formed a...

mulugulu91 Updated 

Hi guys, welcome to my latest Bitcoin Analysis! On the 4H time frame we can see how Bitcoin went into a long channel since its all time high on December 17th. The confirmation of the channel took place on March 5th by tryzing to break through it, which failed but therefore got confirmed as a channel line. The latest spike caused a breakout which makes the upper...

mulugulu91 Updated 

Okay guys, here is a new Chart on ICON I want to show you, with a possible profit of 66%. We have seen a bull-run from 21000 Satoshis to 44000 within 3 days. The potential to continue the bullrun is very high, since it was in the oversold area for a very long time. The ABC correction is done and we are all set for some new waves. As you can see in the chart...

mulugulu91 Updated 

Okay, here is my first Bitcoin analysis. Not that there aren't enough out there but I just had some time to practice my theoretical knowledge with some practical work. The head and shoulders formation did not work out YET. We would see (hopefully not) a failed H&S formation, if we dip below the through of $6000. It seems like we found a new bottom at around $7240...

mulugulu91 Updated 

Based on my technical analysis of yesterday which I predicted correctly I would like to update my thoughts on a cleaner Chart. We broke out of the ascending triangle and hit the first target of our five wave structure. Because it retraced to the golden ratio I do not expect wave 4 to retrace lower than the peak of wave 1. The RSI on the daily chart is making...

mulugulu91

Icon is a Coin to be on the watchlist. Not just because of the great project and team behind it but because of the Movement. It broke out of its bullish pennant and is currently in an ascending triangle. The oscillators are giving very bullish signals. What is missing unfortunately is a higher volume to signal a reversal in trend. If the support breaks, the next...