x45lu

x45lu Updated 

Hello Traders, As you recall from my analysis 2 weeks ago, I mentioned the formation of inverse head and shoulders. Looking at the 4-hour chart for Cardano, we see that inverse head and shoulders is about to complete and I expect up trend from here!! Unfortunately it took longer time than I anticipated as Bitcoin experienced major correction in last couple...

x45lu Updated 

Hello Traders, Looking at the daily chart for Bitcoin, it is confirmed that death cross has taken in place, which means we are officially in the bear market. So where are we heading from here? Well, you see there are lots of mixed signal at the moment. Looking at RSI, we see that it is almost at the oversold region. Additionally, Stoch RSI just crossed in...

x45lu Updated 

Hello Traders, Here is a new trading idea! Looking at the 4 hour chart for NANO, we see that very strong support at 8388 Satoshi level. If Bitcoin does not fluctuate next few days, NANO is looking to break downward trend line and EMA 50. If NANO manages to break this line, it is a very bullish sign. Entry: 8100 Satoshi (If you are waiting for bullish...

x45lu Updated 

Hello Traders, Welcome to the another exciting update for TRXBTC! After testnet was released on March 31st, we saw increase volume in selling, and Tron just bounced roughly at 61.8% retracement level. So where are we heading from here? I see two possible scenario: 1) Looking at the 4 hour chart, we see Tron is contesting upward black trend line that I drew....

x45lu

Hello Traders, After the Ethereum price shock in last few weeks or so, Ethereum is looking to start its new rally. There are multiple reasons of this price shock, but I am not going into more detail in this technical analysis. Looking at the daily chart for Ethereum, it just hit its major support. Additionally, we see that RSI is in the oversold region, which...

x45lu Updated 

Hello Traders, After news that payments processor Litepay has ceased operations, Litecoin traded roughly 10% lower. Looking at the 4 hour chart, we see that Litecoin just crossed the major support level $137. Huge head and shoulders pattern start to surface, which is a very bearish signal. If Litecoin can't go back to $137 in next few hours or days, I would...

x45lu Updated 

Hello Traders, 2 more days until main-net beta release!! I mentioned that my previous post was my last analysis before beta release, but I just can't cage my excitement! Let's dive into technical analysis. Looking at the 4 hour chart, we see that 570 Satoshi is acting as a very strong resistance at the moment, and Tron needs to break this resistance in order to...

x45lu Updated 

Hello Traders, As you remember from my previous analysis, I mentioned there were potential 2 buy zones for Tron: 539 Satoshi and 496 Satoshi. Both buying order has been triggered, and hopefully next bull run will start from here! (As long as Bitcoin does not crash) Looking at 4 hour chart, we still see bull flag formation (red line) and it had decent bounce at...

x45lu Updated 

Hello Traders, As I mentioned from previous analysis, we started to see a clear evidence inverse head and shoulders pattern. There will be few dips along the way, as Bitcoin is still fairly unstable at the moment. Cardano had a good bounce at 50% fibonacci level and looking to contest 24000 Satoshi in next few days. Hopefully... There is an interesting trend...

x45lu Updated 

Hello Traders, Substratum is a very cool project that allows anyone to allocate spare computing resources to make internet a free for people. Looking at the 4 hour chart, I see that Substratum just recently broke out from down trend line, and re-testing pretty strong resistance at 4960 Satoshi. If Substratum manages to surpass this resistance line in 4 hour...

x45lu Updated 

Hello Traders, Looking at the 4 hour chart, EOS does not look great. And here is why: 1) You see EOS tried to break 80K Satoshi from March 21st to March 24th three times? This is very close to head and shoulder patterns and it seems buyers were exhausted after those 3 attempts. 2) Potential bear flag formation. If EOS can't reach to 23.6% or 38.2% retracement...

x45lu Updated 

Hello Traders, I have been interested in VeChain for awhile, and I think this would be a good buying opportunity. Looking at 4 hour chart, we see that textbook Falling Wedge is starting to form, and it seems like VeChain will bounce at this major support. This is how I am going to make this trade: 1) Wait until VeChain reaches to down trendline --> if we see...

x45lu Updated 

Hello Traders, We see majority of Big Caps have been recovering, but Ripple has not managed to recover as much. Looking at the 4 hour chart, we see a textbook double bottom formation. Usually the time period between troughs can vary from a few weeks to months, with the norm being 1-3 months. We see that initial trough on Feb 6, followed by the second one on...

x45lu

Hello Traders, Looking at the 4 hour chart, we see that bull flag is starting to form for NEO. NEO is actually one of the big caps (and ETH) had lower lows after the market crash on Feb 6th. Therefore, I expect more recovery once Bitcoin is stabilized. Entry: There are few requirements 1) Need to break out bull flag 2) Need to break red-line resistance (red...

x45lu Updated 

Hello Traders, I have been focusing on looking at big caps in last few weeks, and I think small caps (<150 million) deserve some attentions as well. Wabi is a very interesting coin, which is used to protect products against counterfeiting both physically and digitally. Looking at the 4 hour chart, we see that Wabi completed inverse head and shouldesr pattern,...

x45lu Updated 

Hello Traders, Tron Mainnet beta release is next week, and we already see people are hyping up for this exciting event! As you remember from my last analysis, I mentioned that my initial target was 513 Satoshi, and my second target was 590 Satoshi. Both targets have been met, and I hope most of you had a significant profit :) Looking at 4 hour chart we see that,...

x45lu Updated 

Hello Traders, after 3 days of the consolidation period, most of the coins are looking to move forward soon. Looking at the 4 hour chart, we see that Tron is bouncing back and forth within bull flag channel. If you are buying Tron, wait until it breakout from the orange-bull flag. (420-423 Satoshi) Both RSI and Stoch RSI looks bullish at the moment, and EMA 200...

x45lu Updated 

Hello Traders, Looking at 4 hour chart we see a good bounce at EMA 200, and looking to complete inverse head and shoulder pattern. Somewhere around 2100-2300 satoshi is a good entry point. Looking at RSI, there is still a plenty room to grow, and Stoch RSI will intersect in near future. If you are short-term trader, this is a good opportunity to earn quick...