Analysis of GBPAUD according to the 1M Chart Timeframe. We can first identify our low for the month, hereafter breaking into an ascending pattern towards our resistance level @1.918339. At our first resistance level we can see our ascending consolidation of patterns broken, allowing price to further surge creating bullish exhaustion towards the upside. If Price...
After a 10% retrace, is there still a chance to start going up from here, or we can expect lower? 1. Golden Cross The golden cross is a really rare pattern, the last time we saw it was in April 2019! What to know about a Golden Cross: - It's a Bullish Pattern; - It's when the 50 Moving average flip higher than the 200 Moving average; - In the past the price...
Trend is losing momentum and close to support area. If Trend-line is broken Highly buy on this pair
If you are like me and market bought Xtz yesterday with leverage, you are sitting with 120 - 330% in 24 hours. But what's next here? We just touched for the 3rd time July 2018 the level at 1.86, confirming that it's now a resistance. With the start of this next bull run i'm expecting to see a break pretty soon, but first we need a retrace. My entries area...
Ever since Bitcoin first arrived 10 years ago, investors have learned just how volatile the crypto market can be. Over the years, bull and bear trends have constantly replaced each other, with no way of predicting them or preventing them. the smallest detail has been enough to change the situation completely, and, this has happened numerous times. The biggest...
A big problem for IBM over the past few years has been its history as a hardware-based, large mainframe type business. But the world is changing. Enterprise customers have been moving to the cloud. Also, competition has gotten more intense over the years as younger upstarts have been built from the ground up on cloud, mobility, virtualization etc. For example,...
After hitting bottom at 6.4k Bitcoin manage a 48% reversal to make a Cup pattern.. What's next? Like you all know i am expecting to see a little retrace, here's why: - Monthly Broke a downtrend, re-test is at 9 040; - Weekly is currently breaking that same downtrend (since early 2018), we have the confirmation on tomorrow close; - 3D broke 9 040 - 9 150...
Up by 46% since mid-december, are we going to retrace at some point or just continue goin up.. Let's do a backtrack of the previous moves (From 2019 - 2020): 1. First impulse, we see a pump from 3 750 to 13 750 in 5 months! (January - June) 2. Then we saw a downtrend channel formed, we retraced in that period from 13 750 to 6 500 which is a 56% retrace!...
In this link you can find all the related information about the tokenburn. Overall ~ 11.000.000 tokens were burned (thats about 2% of the current circulating supply and 1% of the overall supply) and new features for BEST were added. blog.bitpanda.com This tokenburn event will now continue evey three months until 50% of the total supply is burned. The chart shows...
Btc is up by 3000$+ in 6 weeks, is there still place for higher highs or we'll get a bigger retracement first? Price action: - On Monthly we are breaking the lower trendline (Around 9 050) which indicates me that we should see a test of the top trend line in the next month (Around 10 000). - On Weekly we are playing for a very important break, since December...
According to my previous analysis Bitpands own Ecosystem Token broke out, due to the earlier release of the the first Token burn on 30.01.2020 in the coming week as well as the announcement of new perks/features for BEST holders, next to the high fee reduction bonus. If the actual high is really in there is huge support at 0.0655 € . If this is an impulsive wave...
I want to share some thought and knowledge about the Bitpanda Eco System Token (BEST). Many people may have heared about the austrian AML5 registered Broker Platform of bitpanda. Fewer people have heared of their new Global Exchange yet but volume keeps increasing. The price of BEST dropped from IEO prices between 0.08-0.1€ down to 0.05 where somebody now put a...
Finally managed to breakout of his downtrend, Xrp is looking ready for a bigger move up! Price action: - Broke out from a 7 months downtrend; - Broke 0.231 resistance; - Re-test was successfull; Indicators: - Macd flip bullish (on 3d) and is flying up; - Rsi is going up, if we can break 54 it should help pumping the coin; - We are in the cloud and right...
Possible Symmetrical Triangle Forming. Patience as we wait for the breakout
So i like to forecast what could happen on every trade i take always finding the best highest probability, this setup looks so clean at the moment be nice to know what you guys think and if we forecast both situation then we wont be shocked when it doesn't happen either gold for the win :)
[bLet's look at yesterday's price action: We started up with -600$ dump in 15m, then saw a 300$ recovery in 12h, then we saw -300$ dump in 45m to finish with a 200$ recovery.. What can we expect next? 1. Higher timeframes vs Lower timeframes We can clearly see that we have a big battle going on. - 3d & 1w are extremely bullish; - 1d is pretty neutral; -...
Eth/Usdt 1d (early 2020) Vs Btc/Usdt 3d (early 2019) Let's start with some history: - Around April 2018 Bitcoin started a big downtrend triangle that lasted around 8 months, afterwards we broke down and made a 47% drop before slowly taking some ground and start claiming back big levels too 14k. - Around September 2019 Eth started a big downtrend...