BCHUSD looks like it might be ready to break out. 1. Fibonacci Spiral 2. 100 MA beginning to turn 3. 50 MA has turned 4. Fibonacci Time Series 5. Elliot Wave 6. Inverse Head and Shoulders = Breakout? Cheers, AB
Daily Looking over at our trend timeframe we can see price is respecting uptrend. Major resistance hit. Possible Higher Higher formation @ 0.00005500. A daily close above 0.0004825 activates our trade. Stochastic RSI showing us momentum has bottomed out and heading towards the upside. 4Hour Shifting over to our pattern timeframe we can see price respecting...
Daily Looking over at our trend timeframe we can see price is respecting our uptrend. Yesterday price came as low as $575, today we fell towards $600 zone and bounced nicely. No signs on daily for entry, Stochastic RSI showing momentum is bearish. 4Hour Shifting over to our pattern timeframe we can support @ $625. Momentum slowing starting to head towards...
Daily Looking at our trend timeframe we can see momentum has starting heading towards the upside. We have broke and close above our major resistance zone 0.000087000—0.00009400 A daily close above 0.00010450 and our momentum will continue towards the upside, beginning of 2nd wave. 4Hour Switching over to our trigger timeframe we can see price went as high as...
Zoomed Out Major Resistance 1: 0.0095 Major Resistance 2: 0.0115 Major Resistance 3: 0.0150 Aggressive downtrend line to be tested Major Support 1: 0.0075 Major Support 2: 0.0050 Daily Looking at our daily up close we can see price is at a very critical point. Testing our channel breakout line along with our major resistance. Taking a look at our stochastic...
Buy 368$ 1st Stop Loss: 275% (-25%) 2nd Stop Loss: 228 (-37%) Take Profit: 700$ Risk/Profit: 30%/90% Reason: 1) I think 80% correction since december 2017 it's enough. Now we are on November 2017 level.It is good price if you believe in cryptocurrency feature. 2) 220-250$ is very strong support level, according to horizontal volume. 3) We can lose this...
Hey Everyone, in our previous analysis on BITCOIN we discussed the Technical aspects of it, where the expectation was quite similar to reality we're not in a bullish run so now let's talk in dept where we find out the conclusion weather it's an actual Bullish month or not! The BTC prices were having a tough time since the beginning of this year and investors in...
Hi Everyone, Here we're looking at BTCUSD Potential to give a promising short term Bullish WAVE. First let's talk about the Fundamentals Morgan Stanley analysts stressed in a note published in early March that bitcoin was behaving much like the stock market did in the dot-com crash of the 2000s, only at "15 times the speed" - Indicating it might suffer even...
Ripple is on the major support zone where price has seen rejection for 3 times. Now 4th touch to Support zone confluences with D leg of Bullish Bat pattern. I'm Looking for long opportunities once price shows a clear rejection from this support confluence zone with some clear Price action candlestick pattern signal confirmations.
BitCoin, is retracing back to its long-term uptrend support line (near USD$3000). Parabolic explosive move up, now ended.
2 Triangle breakouts in a row retracing. Hmmm. I suspected that it was an ascending channel, and it seems to be so. 2 confirmations on the trend line for each of these points on the channel thus far. Expecting the drop to be to 8900ish. By the .618 Fib, and the bottom of the channel. Remember - TA is magical shapes and patterns. Only people move...
Hey Traders, currently we're looking at BITCOIN H4 Chart Indicating symmetrical pattern of Oversold by Dynamic support Indicating for BUY we have a Bullish opportunity here so it's recommended to go Long for short term Bias, In our previous analysis we compared Technicals vs Fundamentals where Technicals provided a Bullish insight by plotted H&S whereas,...
Using the Khaos-Crypto-Trader, just this one indicator, the trades are automatically mapped for you. If finds trade setups, then it paints for you: The Entry, Targets, and Stop. As you can see here we have had several winning trades in the past. Now we have an active short setup. Risk Disclosure Futures, Forex and Crypto trading contains substantial risk and is...
EOS BUY OPPORTUNITTY Wait for a daily close above 8.50 and a break of the flag to go long on this pair ,is a very good set up but this coin as the other ones still need to gain volume and strength and right now we cant see it that much,so be patient and wait till it breaks and close above the 8.50 in the daily timeframe to buy or u can try to get an entry at 7.44...
Bitcoin was a clever idea. Idealistic, even. But it isn’t working out quite as its developers imagined. In fact, once all the coin has been mined, bitcoin will simply reinforce the very banking system it was invented to disrupt. Bitcoin may have been meant to disintermediate the agents of trust who monopolized commerce and currency. Like the internet, it was meant...