thebumtrader

thebumtrader Updated 

"Food & Medicine are life-essential products, but because of the way today's global supply chains are run, most of us do not know what we are really getting when we consume food or use medicine. At the Ambrosus project we aim to radically improve the global supply chains by creating a trusted ecosystem where we can reliably record the entire history of products...

thebumtrader

Hi There! So, a few days ago, I posted the bearish sentiment version of this post. This and this I always say that as chartists, we only believe in technical analysis. We just trade what we see. And right now, this is what I see. I mean, I could be wrong. Anybody could be wrong. Even the suit and ties of Wall Street! The 2014 market crash I believe is...

thebumtrader

Partnership and product news coming this month! Also, take into consideration the small amount of it's supply. Circulating Supply: 13M Total Supply: 20M Current Price per share: $2.9 This one is gold! Bitcoins Total supply is 21M while this one's 20M! AND IT'S ONLY $2.9 PER PIECE! BUY NOW WHILE STOCKS LAST! OR! Technical-wise, I'd rather wait it out until the...

thebumtrader

This one is a hidden gem! You can see that the volume is already there during its first few days of trading. Check out their short presentation here. grid.hoopox.com Elliot Wave Theory fits right in Aelf's chart. So as you can see, first target would be 26347 then 40000. For me, I'll just ride this until the trend breaks. #HODL Good luck! :)

thebumtrader

"Vechain (VEN) is a blockchain ecosystem for businesses and governments. They combine the best of Ethereum with their own Internet of Things (IoT) and RFID technologies to provide solutions to fight counterfeit goods, improve supply chain management and product assurance." - Boxmining It's also called many times as "The Sleeping Giant". Okay! Indicators! *RSI...

thebumtrader

Time frame - Daily Suppose, the candle closes above that 20 period moving average, we can assume that the BOOLS are back y'all! MACD looks beautiful and is about to do the bullish crossover. RSI pointing upwards as well. I just need it to have more volume. Targets: 1st - 9650 2nd - 11794 3rd - 17984 Good luck!

thebumtrader

Time frame - Daily This coin is uber hyped . It keeps you waiting because of it's small movements. You think it's going sideways but it's really going down slowly . So the indicators are saying that: Price failed to break through above the 20 period moving average. (Yellow line) Which indicates either going down or consolidate sideways. In this case, it's...

thebumtrader

We can see that the wick touched the 0.786 retracement level which is in confluence of 20 period moving average. But then the candle went back up again and is sitting pretty above fibonacci retracement level 0.618. If it closes below the 0.618 level, see you in 8k. If we close the weekly candle like this, parabolic is still intact and we can easily see 25k in the...

thebumtrader Updated 

As I was analyzing the price history of BTCUSD pair, I come across the Weekly chart of 2014-2015 time table. As you can see in the chart presented, when the MACD crossed, all hell broke loose! FOR A YEAR! It took a WHOLE YEAR before it recovered and then went parabolic AGAIN in 2017. Now, we're here HOPING that the uptrend continues! But truth be told, we are...

thebumtrader Updated 

BINANCE:TRXBTC Time frame -1H See that wick that pierced through the .618 fibonacci retracement that came back up again? That's your ticket to the mooon! StochRSI is on the oversold level for a few days now. We expect an upward movement after that move though there is not yet enough volume from the bulls. Immediate resistance is 840/sh level or the .382...

thebumtrader Updated 

BITTREX:GAMEBTC Time frame - 1D Sign of Reversal with volume Up to 399% potential gain! Targets are on the chart (Red Lines) Good luck traders! ;-)

thebumtrader

BITSTAMP:BTCUSD Time frame - 1D CALM YO TITS GUYS! IT IS NOT YET THE END! :-) First things first, it ALWAYS respects the 50 period moving average (yellow circles), so you can add that indicator to your charts. The price bounced off the strong confluence of fibonacci levels .382 and .236. FIBONACCI WORKS GUYS! Especially when they have confluence like...

thebumtrader

BITTREX:ZECBTC Time Frame - 4H Inverted Head & Shoulders pattern has been formed which signifies its impending spurt upwards any moment now. If breakout is successful, it will ravage all the resistances and has a +60% initial upside. Personal Disclaimer - I am slowly accumulating this one for a few days now. And now that I see the pattern is forming...

thebumtrader Updated 

BITSTAMP:XRPUSD Time frame - 4H While everyone's attention is on BINANCE:TRXBTC , mine is on Ripple. It's been a ride since it broke out a few days ago. But then it does not seem to tire because we are going to see another spurt of price action this week! PAY ATTENTION TO THIS PAIR GUYS! Good luck! ;-)

thebumtrader Updated 

BITTREX:EXPBTC Time frame - 4H Despite being an altcoin, it did not drop dead today but instead formed a bullish flag pattern. Traders might want to take note of the breakout from the pattern for the buy signal. Approximately 30% is the initial upside which is the .618 fibonacci retracement area. Good luck!

thebumtrader

TRXBTC Time frame - 4H TRON seems to respect the 20 period moving average (yellow line). So you can add that indicator to your charts. Bounced right back up after hitting .786 fibonacci retracement. Right now, investors/hodlers can buy at this level. For traders, take note if it breaks above the .382 and .236 fibonacci levels for the buying signal.

thebumtrader

BITSTAMP:BTCUSD Time frame - 4H Yellow Circle - Represents the breakout off a strong confluence of two fibonacci retracements from the 1D and 4H time frame. Gray Box - Represents the darvas box wherein the price has been moving in sideways for the past few weeks. Now, the price is re-testing the support area where it broke out of and might bounce upwards...