FiatDropout

FiatDropout

BTC has been going all haywire for low time frame traders and has been very confusing all this while to guage a direction. This is where this indicator, "Point of Return" comes into play. On this analysis with this indicator, i intend to guage the entry for a trade with an accuracy of a sniper. So far, so good. On 4H timeframe i have drawn various S/R based on...

FiatDropout

BINANCE:ARDRBTC is sitting at support and at the end of falling wedge. Break out of trend line, back into support will mark an entry for us. Watching now.

FiatDropout Updated 

As much as it looks like a clear uptrend, RSI is moving down against price moving up for RVNBTC . IT'S CALLED BEARISH HIDDEN DIVERGENCE - COMMONLY KNOWN AS BULL TRAP. MOVING DOWN TO LOWER TF WILL PRINT A BETTER PICTURE OF THE CURRENT SCENARIO. I do not want to do over analysis on this and tried to keep it simple and on point. I also see this small uptrend as...

FiatDropout Updated 

BINANCE:ETHBTC has completed full retracement since 4th December 2017. Price is currently is retesting the last support. We are due for a bounce. Reasons: RSI increasing. Momentum decreasing Price retesting Bounce of from yearly support Full retracement Sitting on APEX of the downtrend. EVEN IF THIS IS NOT THE BOTTOM, WE ARE DUE FOR A BOUNCE.

FiatDropout Updated 

Analysis based on pure PA and RSI. Trends drawn from Monthly/weekly support and resistance. 0.382 is the target for BINANCE:BNBBTC in coming weeks. BUY ZONE in Golden Pocket is the extreme range for BNB/BTC. For now its temporary long ( correction).

FiatDropout

BTC Is in super tricky zone, which just bounced off of last year Sep '17 support . This might be the bottom we are waiting for, unfortunately we do not have confirmation . If that trend is not broken and retested as support, this last correction wave C can be further extended to July '17 support which will lead us to ~2500 range for COINBASE:BTCUSD...