Sparkster

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With just 40 minutes to go at time of writing until the next 4-hour candle closes, price is already pushing against yesterdays swing high, with MACD momentum clearly up and about to cross the zero level. For Ichimoku we are waiting for an upturn of any of the lines to confirm the next candle will very most likely be up. Breaking thought yesterdays high is...

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Last weeks' candle close (weekly chart) for Theta is ideal. Price dropped 20% (as we projected on 6 Oct)... ...establishing the horizontal level as support. Although MACD is pushing downwards on the weekly time-frame, the new support level sets Theta up nicely for a continuation in the days and weeks ahead. Note: SparksterSignals (including our...

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Uniswap has dwindled after its launch on Binance which saw a 100% price increase on day 2 of being listed. Price has ground down for the 2 months since then and so far there's no indication of a new price rally yet. A possible support level may exist at $2.50 but that has not been tested yet. Team Sparkster is Neutral on Uniswap for now. Note:...

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For those of you watching the shorter time-frames, BTC's epic rally this past week is now taking a breather. 4-hour chart shows downwards momentum on the MACD and we see a support level 2% below current price. The weekly candle is likely to close very strong, setting us up for next week or the week after to be a strong continuation. The only question is...

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Yesterday we published a weekly analysis suggesting Bitcoin had just entered a clear buy zone By the end of the day BTC was up 7.5%. And as shown by the green circle, price is now working its way through previous resistance. At some point we can expect $1000 daily price swings. That time may not be too far away. SparksterSignals backtested strategies are...

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Recently we projected a 20% drop for Theta... and we nailed it. Check out the replay at... The 20% drop for Theta was not negative at all. It establishes the previous resistance as a strong support, providing a launch platform for Theta's price appreciation in the weeks ahead. Due to the negative MACD momentum it may take a few candles for Theta's price...

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We've had the yellow shaded area drawn since August and price has now finally come back into that zone. Whether it gets rejected briefly back down or not, traders will be looking for entry positions ready for BTCUSD breaking out of a significant consolidation phase over the past few months. First target is 14% at around $14,000... and then a re-test of the All...

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If ETHUSD doesn't pull off a turnaround anytime soon to break through the current strong $380 resistance level, and BTCUSD finds some strength, it will help support a negative near-term trend for ETH against BTC on the ETHBTC chart. We are now testing the middle line of the current price channel which began a year ago. A further drop of 7% looks very possible...

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From the 2-day time-frame we see price consolidating above a key horizontal level with MACD turning positive. As each candle completes we move closer to the Ichimoku Cloud support which itself can help push price above the horizontal (orange line) ETHUSD's next resistance level is up at $450. A 20% move. We continue to watch for new BUY signals from high...

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Over the weekend we can see ETHUSD rallied towards the $380 level that we've been tracking for many weeks here at Team Sparkster. A minor rejection of that level and price is currently resting on the top of the upper trading range we've also been watching for weeks. On the 4-hour time-frame the momentum looks good to push upwards, however the 1-day momentum...

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Despite your bias for bitcoin or ethereum we can clearly see that current price trends favour bitcoin over ethereum on the weekly chart. Price is currently at the bottom of the red shaded price range. with short-term moving averages and the MACD suggesting a downwards bias. If bitcoin pops we could expect a decline in Eth of 12% before finding support which...

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If you follow Team Sparkster's analysis you'll know that for many weeks now we've been talking about the $380 level on Etherum. It should now be clear why for all traders by a glance at the chart to see how that level has acted as magnet and support and resistance for price all the way even until today. A clean break above this level is highly bullish for...

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Well that escalated quickly. In the past few days BTC and ETH have seen strong rallies, pushing ETH above the $380 level we've been tracking for weeks. This flips us from Neutral to Bullish and despite some possible choppy consolidation, it appears the market is gearing up for a bullish continuation in the days ahead. This of course means the altcoins may...

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Over the weekend ETHUSD rallied to touch the exact horizontal level we have been tracking for weeks in our chart analysis (circled green). Price is now curling over, under pressure from the 12-hour cloud. Price has risen into the yellow shaded tradiing range that formed a few weeks ago. A daily candle close above the upper level of the range is bullish and...

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Here we see that ETHBTC hit the top of its channel since the low a full year ago in September 2019. On the Weekly chart, price action currently sits directly above the tinken-san line on the Ichimoku indicator and also just a little above the middle-line (dotted blue) of the trending channel (pink area). What leans us towards a continued consolidation phase or...

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BTCUSD has pushed through the local downtrend resistance earlier than expected and may consolidate above the cloud before resuming an upwards trend. Price above 1-day cloud and breaking through resistance technically makes us bullish for price appreciation. We may well see some 'chop' in the current area as the market digests a more positive momentum....

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Yesterday we showed a gap below cloud resistance and above horizontal support. Today's little rally has pushed prices into the cloud area and against the downwards trendline formed by recent highs. Technically we can expect a pull back as the market continues to find confidence to break through that trendline. We don't expect traders or bots (including...

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Using a 12-hour chart and Ichimoku Cloud indicator we see an area below cloud and above the current support level where BTC prices are currently trading. The bottom of the cloud also aligns with the downtrend produced by the decline since August. A break into the cloud and above that trendline of resistance would indicate a good trading entry for both manual...