When the Media screams about uptrend- look at this: 1. No one of this resistance line were no broken 2. all days indicators an the bottom 3. The Elliots 5th Wave is over In Total: - tipical Dead Cat Bounce chart - huge oversolded showing about nearest retrending of Bears and extending into a long era (plateau of accumulation) - to the Moon! We are believe!)
When the Media screams about uptrend- look at this: 1. No one of this resistance line were no broken 2. all days indicators an the bottom 3. The Elliots 5th Wave is over In Total: - tipical Dead Cat Bounce chart - huge oversolded showing about nearest retrending of Bears and extending into a long era (plateau of accumulation) - to the Moon! We are believe!)
This is a follow up written post to my recent video analysis of the cryptocurrency market, which focused on three prominent altcoins (ETH, XRP, and XLM). As you can see, we broke the major downtrend of the entire bear market on MASSIVE VOLUME. This is a very bullish sign, and it means that selling momentum has really slowed down. It also means we may have seen a...
Wish I had posted this a bit earlier, but I just got home. In my last post, since XLM has held a previous downtrend as support (light blue), I figured it was showing some hidden strength. However, the entire altcoin market has started to look weak. It began with small caps like ENG and GVT breaking down from important support levels. The unease has crept into...
Here we have CRYPTOCAP:TOTAL2 on the 3 Day chart and we've encountered some resistance at the 100 EMA. Profit taking, retrace and then continued growth throughout the month IMO. April has been a historically great month for many Alts in the past and is looking to offer a repeat, but look at locking in those gains before the macro market retrace/correction. In...
After my last idea, where the Morning Star was the momentum indicator on the Daily chart, the price has made some nice movements upwards and it starting to reach one of a pretty strong resistance area around $4,200. Bitcoin price has climbed upwards inside the ascending channel since 8. February. The channel has one "fake out" which includes that huge...
After the drop below the consolidation area at 25. March the price has shown incredible strength. It didn't fall any lower than the first momentum, just a little consolidation and after that a classical Bart move. Let's jump quickly into the current action, to be said, the price approaching one of the strongest bullish confirmation areas which is around the...
The MA200 is about to cross with the MA20 while the price has crossed the MA20 for the 4th time since the All Time Highs. The previous 3 times all resulted into a new Bottom. Will the MA200/ MA20 cross mark the end of those rejections and the bear market as a result? Similar studies: ** If you like our free content follow our profile...
these are just my thoughts , like you reading its a game BUT if your in bitcoin long term then use long term charts WEEKLY. the bottoms not in, RSI weekly says we are over bought, may is the expected halving btc so i think we can dip lower even so im sticking to this im jumping in soon, not yet BTC bull will leave the shit behind, chose wise
Buy now or cry later.
After a much needed correction, BTT finally seems to be approaching attractive levels. We have shared the regions on chart.
My last BTC analysis was pretty great, we found a bounce from $3,390 and we almost have touched the first target which was the $3,500. Currently, I can say that the BTC price probably goes higher from here (at $3,400) and it will achieve the first target $3,500. Altcoins are on the good shape and they react nicely with this BTC current small movement upwards. ...
History tends to repeat itself and bitcoin has done this before more than once, the last time it had a similar drop in value and had a period of several months before a steady rise. Looking at the weekly chart I believe that bitcoin has bottomed out at $3000 and will be range bound up to $5000 dollars (roughly) for several months before rising up to the $6000...
Hey-hey! As I mentioned on my previous post: "Bearish confirmation: Here is enough if we get a 1H candle close below $3,500" , it was enough and now the price has touched the first bearish target area which was $3,350. I made a bit longer pause between my BTC analysis because there was not much to say and not much where to start to make a technical analysis....
Hey Guys, There might be good RR, but needs to keep an eye for levels. I am going to wait to go to the Demand Zone and then I will buy long. My target would be 1. & 2. I do mostly wait for double confirmation. If not double confirmation, then I would just target lover RR. Because usually goes back to test it. Good luck :-)
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY NEO coin is setting itself up for another southward movement!! BITFINEX:NEOUSD is down by more than 96% over the past 12 months!!. NEO has been rejected by the 7.90 level and If it drops below the 200 MVA, we are looking for another significant drop to the @5.5 level, thats another 27% wow! From my experience stay on...
Got a lot new followers the\ past month and lot of people thanking me for my calls! That's awesome and I would like to thank you for liking and following my trades. Before beginning my analysis, I would like to state that the following is my opinion, one that I will trade. This is a very high risk trade since BTC is in a "no-trade" area. However, I am deciding to...