Ok. After this one, I’m taking a break. I love it, but it sure takes some energy lol. So.. where do we begin? Currently, BTC is deciding what move it wants to make. In the meantime, it doesn’t hurt to take a closer look and find some indicators. Many are saying it’s about to drop, but that may not necessarily be true. On the 15 min time frame, I have signs of a...
Alright guys. I’m gonna break it down for you. Depending on the type of trader you are, will determine how you approach this situation. For me, I’m long+ swing trader. When it comes to trends/patterns/indicators, it is important that your tool lines up and new movement agrees with past movement. If they don’t, that’s your first mistake. I zoomed in my long...
Looks like we may be running into some heavy resistance. I mentioned this a couple weeks back. Our next line of support is 9075. If we break this, we could be seeing lows of 7700-7800 before our decent to new all time highs. - Dan The Visionary
Here’s something many traders might not be taking note of that could sweep them off their feet. It’s important to see the big picture. Let’s talk zones. We have just hit a key level of resistance (white line) with another key level approaching (white line descending wedge). This tells me two things. 1. We could see a slight pullback to 1st line of support-...
Let’s take a look at our Daily time frame. We are nearing a very crucial point in the space of crypto. Early March, we should hit a strong resistance at roughly 11500. This could be our final resistance before a large pullback into the 7ks or a breakthrough to new highs for this year. Here are my thoughts. If we do see a pullback in BTC, many alts will follow;...
Every indicator is signaling BTC bullish; however we have this. Since the 29th of January, we have tested support level 9200 4 times! Someone is trying to pull the market back forcing others to selloff! Personally, I’m staying long but there’s a possibility of a dump caused by manipulation in the market. This is pure manipulation, unless there is news I didn’t...
Within the next couple hours, BTC should be at its target of 10k. Some resistance should follow. 11k should be our point of a pullback or strong breakthrough. Feel free to follow me on Facebook for more alerts and updates👍 Facebook- Daniel V -Dan The Visionary
Hello traders! Everyone can claim to know how to trade with all their fancy explanations and terminology, but few of us actually understand how to read the market. Now , back to BTC. We have broke out of our ascending wedge. Took a bit longer than was expecting for the early breakout, but that’s ok. It’s the crypto market. Next stop is our 1st Resistance at...
So, I decided to do another Analysis on BTC on the 1hr time frame. A couple days ago, I posted my thoughts on LTC. LTC follows BTC movement, so let’s look at BTC. The Chinese New Year has finished and I believe we could make 1 of 2 different moves. If there is confirmation on BTC current trend (15 min) , we could see a continuation up to 10k by beginning of...
Here is my overall LTC fundamental analysis. I chose LTC because I believe it is following very closely to BTC, but making significantly larger scalping gains. ( prior to BTC halving). You can chose to go long, but there will be opportunities for short profits 👍 Hope you enjoy 🙂 You can follow me on Facebook - Danny V