The end of month of April will determine if Bitcoin will start a new higher trend ( buy ) or a lower trend ( sell ). The compression zone (triangle) ends at the end of April. If price breaks below the triangle zone, then expect lower prices for the Bitcoin ( sell positions should be considered - case 2 ) In the contrary, if price breaks above the triangle...
A short Bitcoin analysis of the bigger time frame. Bitcoin had in the last few weeks, a lot of volatility with a move, all the way down to 3850. At the moment of writing Bitcoin is back above 6k (fighting for the 6700 level) and is up 73,18% from the current low. Something i noticed is that nobody is talking anymore about the upcomming Block Reward Cut. This will...
A bearish pennant has formed on the 1h chart. Given the fact that we are in a massiv downtrend I would consider this a bearish continuation pattern. Let's hope this madness ends soon, and bulls utilise the freshly gained liquidity and push back up! Cheers & trade safely! (I personally wouldn't recommend trading in this conditions, but it's good time for spot buying tbh)
Hey guys welcome for a fresh crypto update -------------------------------------------------------- A request from all of you to please like and follow our Hard work to keep encouraging us, there's no fee for likes and followings :) -------------------------------------------------------- So as you can see that we have completed ABC corrective formation and now...
The Altcoins bull market is yet starting. FOMO will follow.HODL. If a bull market that is at least half as strong as the previous one follows these are another 2000% in returns. Keep that in mind.
Casual 300% from bottom for $ICX. $AION & $LOOM are following it! The correlation between #ICX and $AION has been proven once again. To everybody swing trading Happy Gains! Do not forget to take some profit! The time to hodl #altcoins longer is coming back. Strong hands will be rewarded!
An update to an earlier analysis on BTC. We are right up against the major resistance now dating back to end of June on the daily chart. Watching for a breakout later today as an entry point for longs. If the resistance test fails then it could quickly turn to a short and there would be potential for a significant price drop within the range of the descending...
On the daily, the RSI is reaching an overbought condition that suggests the linear .5 around 8500 is acting as resistance. The fat yellow lines represent the angular divergence between the price and the RSI. I’ve used an ABC Elliot wave tool to highlight a likely trajectory the price could take. I’ve also made a bearish argument with a triple combo wave tool....
Looking at ONT on the daily We have bullish divergence in W%R Histogram is showing us a bullish divergence OBV is healthy and showing us a bullish divergence Price is trading at the POC (Point Of Control) Price is in location sitting on the .786 level Bulls need to step in on volume and essentially all I need now is a nice "W" in price and im in. So in a nut...
Hi, Guys! In this new study by Stellar, we looked at the established high channel and increased volume. At the moment, despite the widespread drop in cryptocurrencies, there is a good chance of maximum support at 0.00000780. And we are close to that point. By reading the bullish channel, it is still possible to go a little further down to 0.00000750. If support...
BTCUSD made strong and significant bounce after we noticed a completed wave (v) of »c« of Y, even back above the channel resistance line. So, bulls are probably here, just be aware of a temporary pullback down to 8800 – 8300 support area, from where we may see a continuation higher. If from any reason price goes sharply and impulsively back below 7300 lows, then...
Band Protocol / US Dollar (TetherUS has formed a complete BAT pattern and entered in potential reversal zone. This PRZ area can be used as stop loss point in case the complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.3072 to 0.2996 Sell between: 0.3256 to 0.3530 Enjoy your profits and regards, Atif...
we should see one more wave up from here. 1st target 0.01550 and 2nd 0.01650