Technical analysis: . SIACOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 25. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . NEXUS/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Looks like nice area to try a long for KMD. Divergence on a daily, interesting events in August and December.
XRP hitting the 78% fib to precision and pulled back under the 61% fib, if we hold on daily we should see the -27 and -61 levels very soon.
Technical analysis: . MONERO/BITCOIN is in a downtrend and beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 51. Trading suggestion: . The price is in a downtrend and we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone...
As seen on the chart, the price broke the 1W support (106.323) after a 2 day consolidation. This bearish break out on 4H has created a new Channel Down (MACD = -5.800, Highs/Lows = -7.8064, B/BP = -18.1400), parallel to May's main channel and has already crossed the Sep 2017 contact point. Given the oversold status on RSI = 20.428, STOCHRSI = 8.840, ADX = 80.343,...
After pointing out the pattern on twitter, I was asked where I see it going. I wasn't able to find much online as far as common targets for the butterfly pattern, other than points A and C. I used a common technique often used with other harmonic patterns to map out other significant resistance zones(drew a fib extension from point X to A, back down to X, then...
An ascending triangle since 4/10/18 shows two possible paths for bitcoin to take in the next month.
Technical analysis: STATUS NETWORK TOKEN/BITCOIN is in a down trend and Beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 32. Trading suggestion: *The price is in a down trend, but we forecast the uptrend would begin. *There is possibility of temporary retracement to suggested...
This is my first idea guys so bear with me. As you can see after the first bullish pennant and two big moves up (1 & 2) history MIGHT repeat itself pushing the price near or above 10k in the first move and further close to 11k. As history of patterns has shown this idea is very likely to happen but only time will tell the truth. Wait for the breakouts and...
2 days ago, BCH settled into to a small corrective structure (large red rectangle). As things played out, a well-defined resistance level became apparent and buyers kept buying in at relatively higher prices (red trend line). Towards the end, an even smaller corrective structure formed and I was able to buy in with a limit order after price broke above and pulled...
Hello guys, Thanks for reading my post. As you can see the at the little green flag there was a breakout in the past. Now we are hitting this Zone again in a very bullish uptrend! There are a lot of news incoming. News in near future: Okex Listing (Unknown, but planned) fortnite tournament (Planned, no fixed date yet) 24th april texas government presention by...
BTC hit the upward slopping trendline @ 7190 as expected. Now, if that trendline line doesn't hold, then look for a continuation downward to the 2 support zones, labelled 1 and 2. The bulls are looking for price to move up sharpley as it did on Feb 6 of this year but it may move sideways for a bit as it did after the 9/15/17 low. If price does move up, monitor...
With this new impulsive wave to the downside I must change a litle my primary count and turn it more berish in price an time. Expect some support in the 380's-400's. Let's see how will play my changes.
Price of Bitcoin has dropped as SEC (Securities and exchange commission) rules that crypto 'exchanges' will have to officially register. Governments are closing their grips on crypto's. Price revered at a strong resistance level of 11700$ accompanied by some bad news for crypto's this week. Price still moving down a channel pattern with 2 strong support levels...