tradewonk

tradewonk

As we can see from the diagram, prices rise higher and with stochastic signals expand, it is likely that prices will continue to rally-as it does at the moment, which means that each move back in lower time frames is another ready purchase opportunity . Let's not forget that we act from a top-down approach. If this week's end is bullish then there will be a sweet...

tradewonk

Today's candlestick resembles a sold block without the lower and upper wick-a marubozo - and it's no rocket science, which means that buyers are highly responsible. Remember, when we check yesterday's candlestick, we notice that prices dropped and ended bearish. My recommendation is to buy on every move back - especially to the middle BB. If we zoom to the 4HR...

tradewonk

After a weak session, we see some encouraging movements in EOS. From my analysis point of view, our first bull triggers were set over $ 9.5 and already buyers are trading above this level. Now, forward, what is important especially today is if the prices will actually break and close above the 38.20%. Obviously there is rising bulls momentum like all other coins...

tradewonk

Strong demand / support area ahead, possible retracement, long opportunity.  Stuff to remember:  — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further  — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly  — Check...

tradewonk Updated 

STEEM looks to be breaking out of a downward descending trendline. Confirmation is still needed on the daily and so admittedly this post is early but we are in a buy range regardless. While many investors rate cryptocurrencies by market cap, blocktivity.info takes into account all of the actual activity on the blockchain. This provides a clearer picture of which...

tradewonk

The Litecoin Prize wins upward momentum over $ 165 against the US dollar. LTC / USD broke a lot of resistance and is currently monitoring additional gains. Key Talking Points The Litecoin Prize finally made an upward move and broke $ 165 resistance (data supply of Kraken) against the US dollar. There was a break over a major bearish trend line with a resistor of...

tradewonk

Today we are watching BCH with 1 day sticks. In the beginning of this year we saw BCH playing at about $2500 and just a month later we are taking notes on $1250. The correction has been going on for more than 40 days so we are all hoping that's it's over. The Bitcoin Cash Prize currently consolidates over $ 1,270 against the US Dollar. BCH / USD must break a few...

tradewonk

The last four days have been happy days for Zcash investors. Privacy is what people are wanting in almost every aspect of their lives and some of the biggest companies have seen this as a business opportunity. During the December rally, Zcash hasn't been the top choice for investors, although it showed a healthy 500% gain, reaching USD 813. On a corrective move...

tradewonk

Strong supply / resistance area ahead, possible retracement, short opportunity.  Stuff to remember:  — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further  — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly  —...

tradewonk

The Ethereum Prize is in a bearish zone against US dollars, but it is stable against Bitcoin. ETH / USD is currently rising higher, but facing a crucial obstacle near $ 1,020. There was a big disadvantage moving from well over $ 1,100 in ETH price against US Dollar. The price fell sharply and moved below $ 1,100 and $ 1,020 support levels. During the downside...

tradewonk

Undoubtedly, all FUDs and drama and regulation will talk, it's time to buy the coin. The story can not change and refers to past price actions, fear is at the top. While investors and pundits continue their barrage, prices are bottoming up and synchronization at reasonable prices. In the 4HR chart, prices not only reacted to $ 100, but a strong bullish outcome...

tradewonk

For weeks we've heard various targets for the "bottom" of this correction, some magical place where the pullback from the peak would finally reverse and the bulls would get their mojo back. I aimed for 7.5K on my previous charts, and as the correction goes on, that target has come into sharper focus. After hitting the fabled "8K" that everyone's been chanting...

tradewonk

We see a great opportunity again to buy the ZEC dip. For those following ZECUSD with me, our last dip buy was 200 USD, now we can buy again low. The price bounces from the support and demand zone, fib confirms price reversal and supports upward movement. We have a good buy opportunity. Zcash offers zero certificate of knowledge (zk-SNARKS) and was the first...

tradewonk

Bitcoin Cash traded a few points below the $ 1400 level. It formed a low level of $ 1,390 and is currently correcting higher. It has moved over 23.6% Fib retracement level of the last big drop from $ 1,638 high to $ 1,390 low. However, BCH buyers face many obstacles on the upside close to $ 1,520 and $ 1,540. More importantly, yesterdays highlighted a new...

tradewonk

Going to $8500 would be a sign of strength for BTC Everyone talks about bitcoin crash, but in my opinion is a quite normal retracement, and i'm waiting till it hit the strong demand area + 61,8% fib + complete the trendline to buy and hold bitcoins. Notice the "demand area" how the price earlier went to the moon in no time, and that's a sign of many buyers in...

tradewonk

Ethereum Classic Price Resistance There were decent gains in the ETC award above $ 30.00 against the US dollar. The price was traded as high as $ 33.41, from which a downside wave was initiated. It moved below 23.6% Fib retracement level of the last wave from $ 26.00 low to $ 33.41 high. The drawback is moved out under the support area for $ 31.00, which ignites...

tradewonk

Strong supply / resistance area ahead, possible retracement. Stuff to remember:  — First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further  — Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly  — Check the distance that...

tradewonk

STEEM is going to go $100. Look at the rising volume! The sweet accumulation period is about to come to an end. There will be dips along the way, but overall 2018 will be a great trip! Total accounts created on Steemit 668K+ Daily number of posts 250K+ Daily active users 60K+ Average daily new accounts created 2500 - 12500 And counting! We use social media...