mathewsverghese

mathewsverghese

Interestingly BTC keeps on retesting the 30k levels.. It is also forming a W. To be seen if the pattern holds true. We may hover between 30K- 32 k till tom evening.

mathewsverghese

ETH held the level of 1800 quite well with BTC going down yday. However, even though, today it seems to be showing a trend up,the volume is quite low. It will need more volume for stronger candles to form. Looking as how it touched 2k and crossed it, an upside to 2k can be on possible in the coming week especially if BTC performs well. If so, a long trade from...

mathewsverghese

BTC went into red yday night. This means many longs may have been liquidated. However, it is encouraging that the level of 31k - 32 k held out. Tis shows a lot of support repeatedly at that leve. If these levels can hold over the weekend, it will be encouraging. From these levels, a long can be put on BTC for a trade towards the upside.Each crash as a good rebound...

mathewsverghese

The futures are expiring today. This means that we may see a small pull back on the BTC prices. The volumes are still not substantial. However, BTC has been on a steady but slow uptrend. Weekends are always a bit slow, so hopefully , there wont be any new FUD for the market to dump.. If BTC can stay above 34k and closer to 35 K, then we can see further gains in...

mathewsverghese

BTC has held onto the 32K to 33K range. Though this is a positive, the lack of volume is still a concern. If we can see volumes increase, then we can assume that there is both a positive sentiment as well as some strength in the market. Currently, one new FUD is enough to topple it. Hence, more volume is essential..If it can achieve this, then we could see an...

mathewsverghese

BTC has been in the 32 K to 34 k range.. It has been crossing the 34K level. However, the volume again as can be seen on the chart is low. We will need some decent volume to cross 34K and go forward. The RSI has been encouraging and seems to be following the channel in the chart. ..If it can go above the line, we will see a huge spike in the prices for a short term.

mathewsverghese

BTC fell below 29 k yday but rose up in a matter of a few hrs. Therefore it could have been a fakeout to shake out weaker hands. However, though, it has come up and is trading in the channel in the chart, and the RSI is also going u, volume is still low. The level of around 29- 28 k held but if it breaks through that level, we could see it fall to 25 K. If it...

mathewsverghese

BTC is in a downward channel.. It has been for the last couple of hours. It needs to break out of this channel and cross 32.6 K for it to have a fighting chance.. I am activating some bot on bitsgap.com/?ref=e13575cd-bot in a narrow channel with minimum amounts for small time trades to use the volatility

mathewsverghese

ETH fell below 2K yesterday. This can be construed bearish but there seems to be decent volume at this range. Thus a great time to accumulate Eth. Eth is in a channel now and if it continues on the hourly, it can be back at 2k and more soon. RSI also shows an upward trend.

mathewsverghese

BTC has gone down and touched 31.2 k and seems to be going up in the channel on the chart. We could see BTC between 31 K- 5 K for a few days.. Support does seem to be there at 30K and 31 K. However, if this support is broken, then there could be a huge shift downwards.

mathewsverghese

BTC seems to be forming a V ..If it continues, we will see a small rise in BTC prices from the 33- 34 k levels to maybe the 35k levels

mathewsverghese

RSI is looking up and BTC seems to be moving up for the day. Small long trades can be ta