yarr

yarr Updated 

Currently the best indicator is bitcoin's price. It is leading the market and is giving us valuable hints. Overall the markets are still looking overbought and it is recommend to be careful at this time. The price is making higher low which is strong sign of price moving higher. But at these levels it is recommended to be extra careful when opening any trades. SO...

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BTCUSD update: The current condition of the market is called CLIMAX SELLING. Which means that volume is showing huge selling spike but ending up suddenly reversed. Why do I think the current market is reversing? Here are key points to look at: -> Volume is spiking (showing huge selling spike) and people are panic selling due to the price crashing. -> Price fell...

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Hello traders. Welcome to the world of bitcoin where the price moves are very wild. During the year 2017 we have seen 6 "crashes" and followed by major bull runs each time. Do you remember when China said: "BAN BITCOIN NOW?" or China actually banning exchanges? These things didn't stopped bitcoin as several people suspected so. There are lessons to be learned...

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Chart is showing that the price is forming Bullish Pennant Pattern. The price already broke resistance line of this pattern but one of the concerning thing is that MACD and RSI have ascended very high and this breakout might be false. This might be indicating that the price is in need for reversal downwards instead breaking upwards. If the price manages to break...

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The Ascending Triangle and the Pennant both are considered as a bullish chart patterns that mainly forms during an uptrend as a sign of continuation in a trend. Buy orders should set on break out signals, above 760 level and stop orders below the bottom lines of the patterns at 650 level. Overall the markets are looking overbought and it is recommended to buy...

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Litecoin is forming two bullish patterns (the ascending Triangle and the pennant) which both are considered as a bullish continuation patterns. Buy orders should based on break out signals and breaking out the top levels / resistance levels. Important thing to remember when considering the current condition of the market is that these are very overbought and if...

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BTCUSD 7.50% Update: Analysis for today is based on fibonacci levels. This is based on previous calculations as seen on the chart. The chart explains itself pretty well. Price patterns can be repetitive and constant. You start seeing them constantly especially if you have been trading enough of time. Similarities that are displayed in this chart are rather...

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On chart the price is showing us two bullish patterns which both have already broke upwards. Also the price has tested resistance line few times now and not breaking through of it. But if the price manages to break through of this resistance level, then it's indicating that bullish break out is soon to happen. Buy orders should be set above resistance level. one...

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The price is showing Bearish Regular Divergence. Both MACD & RSI are supporting this by doing lower highs. This is a strong signal. This does not mean I'm bearish on bitcoin, in longer term I'm very bullish. So the question is where will it land before going up again? First, it's important to test our current trend line and seek reversal signals. Although can be...

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Update on LTCUSD: RSI gives us confirmation that the uptrend will continue and there's two bullish patterns. Buy orders should be set above top line of any of these patterns. Be careful because there is high risk involved when trading this high and should be waited for major correction for another buying opportunity. I'll keep it short this time and keep updating...

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RSI confirms bullish divergence and price reversal. MACD supports upward movement. The price has to break downtrend line and resistance line to get confirmation of further upward movement. If the markets meets our conditions we are able to add more value in our long term trade. Some profits should be taken near to the resistance line at 488 level. If you are...

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DASHUSD Update: The price fell in to reversal zone and bounced from these levels which are formed by MA100 and support levels at 599 & 549. Price is making higher lows which is giving us confirmations that the uptrend will continue. RSI & MACD supports this idea of trend reversal. To reach our profit targets and to get confirmations that the uptrend continues,...

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RSI confirms reversal (Bullish Divergence). MACD is supporting upward movement and has hit the bottom. Price bounced nicely from MA100 support which is indicating that the price wants to move further upwards. To get further confirmations the price has to meet our conditions by breaking downtrend line and resistance line and if it breaks above these levels it's...

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BTCUSD vs ALTS. About the charts ALTS are getting drained by these great news and future forks that are coming out to Bitcoin. No one wants to miss them. And this means more people are selling their ALTS to join this bullish BTC rally. If BTC will continue moving upwards, it means that ALTS are going to test even lower supports. But in other hand if BTC starts...

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The market is showing bearish movement. After making ATH. RSI is showing potential divergence which is sign of further downward movement. I do see a pattern here which have been repetitive in the price history. I'll elaborate. For example fibonacci gives some facts and pointers. I have noticed one pattern which have been repetitive and I think it's valid this...

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The price of NEO hit bottom of the channel twice and broke downtrend line which gives signal of price wanting to move further upwards. MACD supports upward movement. Buy target should be set above former support level at 38.5. If you are going to take this trade, it's important to remember to use stop-loss. Stop-loss should be set at 34 level. If the price does...

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Update ETHUSD pair: RSI and MACD are giving potential confirmation of trend reversal soon to happen. So should I already open position when it's cheap? Definitely not. Support at 400 level has to tested and the price has to bounce from this support level to get confirmation for further upward movement. Also new positions should be opened close to swing high at...

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The volume is decreasing and the tightening consolidation. It's giving us signal of breaking out from the Symmetrical Triangle. This pattern is considered as continuation of the current trend.. Also RSI indicator is supporting this idea. The markets are showing it's a great opportunity to open long term trades. Note this pattern is giving to us our second target...