BITSTAMP:XRPBTC As you can see in the chart above, XRP had a huge upside move last week with decent volume, climbing more than twice in price, and in some point more than three to one. And has been consolidating sideways this week, keeping most of the recent gains. XRP, as you can see in the chart, is the kind of token that spends almost all the time...
BITFINEX:BCHUSD Bitcoin Cash is looking very nice for a trade right here, it just broke out of a 5 month falling wedge pattern with big volume, www.freeonlinetradingeducation.com , and it also pop above the 50 day moving average. We also have a positive divergence on the MACD indicator, where the indicator is moving up just as the price is moving down, which is...
BTCUSD As we can see in the chart, we had been making a Bear Flag Pattern on Bitcoin , www.freeonlinetradingeducation.com , in the last 2 weeks. Although the price of Bitcoin will need to break below the down tend line at about $6,500 to confirm it. On Sunday of this week we made a candlestick hanging man pattern, which is a reversal pattern,...
BITSTAMP:BTCUSD Looking at the 4-hour chart on Bitcoin, we can see that we have a triple MACD positive divergence on that indicator since August 8 of this year. Which indicates that the odds of having at least a short-term bounce of several days to several several weeks on Bitcoin are very high. The last 3 times we have positive MACD divergences Bitcoin has...
BITTREX:SPRUSD Looking at the chart of Spread Coin in terms of dollars, it seems like we are making a W pattern in the long term, thepatternsite.com , which means that we make a double bottom, in this case around $0.20 USD, and a double top around $3.60 USD. In theory this pattern will be confirmed when we surpass $3.60 USD, in which case the price target will...
BITTREX:DOGEUSD Dogecoin has been moving up very strong over the past 2 weeks, from $0.0025 USD to $0.0050 USD, but still far away from the all-time high level $0.020 USD. A level which I expect we will surpass this semester. We had a MACD positive divergence signal for a few months, which means MACD moving up while price was moving down, which was an early...
BINANCE:BTSUSD Bitshares has been moving up strongly over the past 4 weeks, from $0.10 USD to $0.22 USD, but still far away from the all-time high level $1.03 USD. A level which I expect we will surpass this year, perhaps this semester. We had a MACD positive divergence signal for a few months, which means MACD moving up while price was moving down, which was...
BINANCE:TRXBTC We just move above the 8 day EMA and the 20 day SMA, the 50 SMA is close by, we have had a positive MACD divergence for several weeks. Two days ago, we had a hammer reversal pattern, and then 2 up days. Bitcoin is also looking better now. It was just listed on Bittrex a few weeks ago, u.wn.com Tron Beta version launches in just 10 days,...
BITSTAMP:BTCUSD As you can see in the chart, we may be in the process of making an Inverted Head and Shoulders Pattern on Bitcoin, www.freeonlinetradingeducation.com . To confirm this pattern, we will need a close above $11,000 USD on Bitcoin. If we do, that should give us a price target of about $17,000 USD. An encouraging sign is that we made a Hammer...
BITSTAMP:BTCUSD As you can see on the chart, we are finishing a Falling Wedge Pattern on Bitcoin, www.freeonlinetradingeducation.com , which looks like it is going to end at around $8,000 USD sometime this week. Which also coincides with the 200-day moving average which is at $7,800 USD. Also, RSI and MACD indicators are in rock bottom not seen in many...
BINANCE:TRXBTC As you can see on the chart, Tron has been declining with lower volume, lower than its past current rise, and declining as price gets lower. And it is currently sitting at the 20-day moving average. And that is after like a 65% decline from it’s high. In term of USD-dollars it has decline about 76%. Looking at its declining volume and the...
BITSTAMP:LTCUSD Litecoin has been making a triangle pattern over the last couple of weeks, and now it seems it is very close to complete it. Also, it seems to be finding support near the 50-day moving average. We need to move above $280 USD to confirm a bullish breakout of this triangle. If we were to add the distance of the triangle to a possible breakout...
BITTREX:SPRBTC If you remember my last call on Spread Coin, it climbed from $40 cents when I mention it to about $3.8 dollars, well that move is over, but it was only the first wave of a 5-wave impulse to complete intermediate wave 3 to new all time highs above 0.00082323 BTC. We can clearly see a 5-wave series from 0.000013 BTC to 0.00082323 BTC, lasting...
POLONIEX:BCHUSDT Bitcoin Cash has made a 5-wave uptrend since it’s fork on August 2017, moving from about $290 USDT to $4,200 USDT, as seen in the chart. Since then it has start and ABC 3 wave consolidation, were wave A decline from $4,200 USDT to $1,800 USDT, and we are currently in wave B. Wave B is symmetrical triangle, www.freeonlinetradingeducation.com ,...
BITSTAMP:BTCUSD Call me crazy, buy I’m seeing a Head and Shoulders Pattern in Bitcoin, and I’m not the only one. www.youtube.com . Don’t care about getting the credit for calling it or anything like that either way. If the pattern gets confirmed, with a break below $12,200 dollars, that will give us a price target of about $5,542.85 dollars. Now, I am not...
BITSTAMP:LTCBTC Litecoin, in terms of Bitcoins, is making an Ascending Triangle Pattern, www.freeonlinetradingeducation.com , as seen on the chart. It could be a couple of days or weeks before we break out, but once we do that, it should run fast. The price tarjet is determine by adding to the breakout point, 0.02 Bitcoins, the size of the previous movement,...
BITTREX:SPRUSD Spread Coin just started to spike up with huge volume the last two days, and that is after a huge decline from almost $3.00 dollars to just $0.20 dollars, right now it is sitting at $0.40 dollars. We also just got a MACD buy signal, which is very positive. It just clear the 8 EMA and the 20 MA, and looking at the chart, there is no real...
BITTREX:POWRBTC BITTREX:POWRETH Power Ledger has been making a falling wedge for about 20 days, after an initial run of about 10 to 1 in US dollar terms if you consider de ICO price. In terms of Bitcoin it went from $0.00003000 or 3,000 satoshis to about $0.00012000 or 12,000 satoshis, almost 4 to 1 in terms of bitcoin and a lot more in terms or US...