x45lu

x45lu Updated 

Hello Traders, As you recall from my previous analysis, I mentioned the possibility of Bitcoin go below 6K, and it found support around $5.7k. Looking at the 1 hour chart for Bitcoin, we see inverse head and shoulders pattern is starting to form. Blue trendline is acting heavy resistance, and we see high selling volume in the hourly chart when Bitcoin reached...

x45lu

Hello Traders, Once again, there was a major Bitcoin crash today. As you recall from my last analysis, I mentioned the possibility of seeing 6K Bitcoin again in the imminent future. Looking at the daily chart, Bitcoin bounced again at the pink resistance line, and testing blue trendline as the support. Let me give you both perspective for both bull and bear in...

x45lu

Hello traders, After the inverse head and shoulders breakout for Tron and Bitcoin, some of the big caps like NEO or XRP has not reached recovered from the recent crash. Looking at the 4 hour chart for NEO, we see that inverse head and shoulders pattern has completed and waiting for the bearkout confirmation. There was a false breakout wick earlier, but it was...

x45lu

Hello Traders, After the symmetrical triangle breakout from the Bitcoin, we start to see movement for Tron as well. Looking at the hourly chart, we see that inverse head and shoulders pattern just completed its cycle. The next move will be very significant for Tron as there will be few important events coming ahead for Tron (ERC20 token swap + independence...

x45lu Updated 

Hello Traders, In the last two years, Bitcoin has always bounced sharply from the oversold levels on the RSI. However, we always need to prepare for bearish scenario. Looking at the 4 hour chart, I see indecision between bull and bear. If you pay close attention, we see inverse H&S (pink) and H&S pattern (orange) is forming at the same time. Breakout below...

x45lu Updated 

Hello Traders, What a bad few days in Crypto community. As you recall from my last analysis, I mentioned the possibility of trend reversal signals. However, the trend reversal was soon rejected by high selling volume. Looking at the 4 hour chart, we start to see another trend reversal candle for Tron. I am 70% sure the bull run is imminent as we saw huge...

x45lu Updated 

Hello Traders, After 2 weeks of consolidation period, TRXBTC pair is starting to look bullish. Initially, I published an idea on trend reversal on June 1st, and this idea was supported by RSI and Stoch RSI bullish divergence. We saw relief rally up to 829 Satoshi, but bears gained control ever since. Looking at the 4 hour chart, Tron bounced at the purple...

x45lu Updated 

Hello Traders, As you may know, I am a big fan of Substratum decentralized web, but they have not performed well after their twitter account was hacked. Looking at the 4 hour chart, we see that Substratum is forming bullish pennant pattern. Currently, it is at 78.6% fibonacci level, and breakout from this pennant is a very bullish sign for substratum and the...

x45lu

Hello Traders, Looking at the 4 hour chart, Tron is starting to look bullish day after day. After the side way movement since May 29th, Tron is struggling to break blue trendline. Every time Tron reaches to this trendline, it dips down to 5.63 cents. However, after failing to break from the blue trendline for the third time, Tron actually found higher low...

x45lu Updated 

Hello Traders, This analysis will be a little bit longer than usual, but there are a lot of things to cover in this analysis. Just letting you know that this is Tron/USD pair not Tron/BTC. First of all, let me explain why Tron is looking bullish right now. 1) Looking at the 4-hour chart, Tron found a support at 5.5 cents. This level acted as major resistance...

x45lu Updated 

Hello Traders, After the mainnet release, Tron has been experiencing a minor dip. Looking at the daily chart, Tron is trying to find support at the purple trendline. This is probably the strongest support that Tron will get, and breakout below this trendline will be very problematic in short term. Target for the breakout below the trendline is 760, 625, and...

x45lu Updated 

Hello Traders, Looking at the chart for Tron/USD pair, we see that Tron bounced major support and testing black trendline again. I think the question that everyone is wondering "will there be pump or dump"? Here I will post two different scenarios so everyone can prepare for both options: 1) Pump! We only have 24 hours till the mainnet launch, and the...

x45lu Updated 

Hello traders, Looking at the 4 hour chart for Tron, it seems like we had a fake breakout but Tron found a good support at pink trendline. If we see a good bounce here, we can still expect some good profit here. So what are realistic targets in this trade? In past months, I posted multiple targets for Tron, but as you may all know, Bitcoin is definitely not...

x45lu Updated 

Hello Traders, As the mainnet release is approaching, EOS is potentially ready for another pump! Looking at the 4 hour chart, we see that EOS is forming a bullish flag pattern, which means we can except some profit when EOS breakout from this formation. The target for this trade can be a little bit tricky, but let me explain my logic behind 3 targets I am...

x45lu Updated 

Hello Traders, As most of the people in crypto-market, I am slightly annoyed by the bitcoin correction. Due to the recent dip, I have to change my technical analysis in preparation for Mainnet release. Looking at the 4 hour chart, Tron found support at the bottom of ascending channel. If Bitcoin manages to recover in next few hours, I expect Tron to reach the...

x45lu Updated 

Hello traders, If you recall from my analysis, I mentioned that wait till the breakout confirmation before getting into Tron. And today we just had a clear breakout confirmation (huge volume + large green candle)! Now, Tron becomes more volatile, I would give you how I will be swing trading in next 10 days (before the mainnet release). However, some of those...

x45lu Updated 

Hello traders, Looking at the 4 hour chart for nuls, it finally brokeout from the down trendline and ready to have another rally in next few days. My initial target for this trade is 59255 and I will be reloading again at 55550. Happy trading! Please follow and leave likes for more updates!

x45lu

Hello Traders, Looking at the 1 hour chart, we see that Bitcoin is about to complete inverse head and shoulders pattern. If Bitcoin manages to breakout from this, my target is $8831. I expect Bitcoin to find support at black trendline before the next rally (if there is one...). Happy trading!