A nice hedge if you didnt get in on ETHBTC and IOTABTC. Really sucks to see Dominance break above the bearish channel and I hope its a fake out but if its not I wanna make some money. God Speed, Mr. Manbearpig
Looks like there is a clear rejection off of the 535EMA which also has confluence with other resistance that took several days to break on the way down. I think this little bounce in the dominance chart is jist about done. I closed out my EOS short with a 3% profit. Now its time to look for some long set ups.
Bitcoin will soon fall to the $3200 again! There is an obvious bearflag in the BTC/USDT chart. Which is a sign for downfall. When the lower trendline breaks, it triggers panic sellers as the downtrend resumes another leg down. Just like the bull flag, the severity of the drop on the flagpole determines how strong the bear flag can be. I use the RSI as momentum...
This is a speculation on what will happen with NEO. Mind that i don´t have a glass sphere where i can for see the future with. The first thing i did was finding the resistance and support levels. I used the volume to identify them. I moved on seeking for a pattern i couldn't find a clear one. So i wrote down a line from top to top and from bottom to bottom. I...
Today i made a overview of BTC/USDT. The first thing i did was setting up the resistant and support levels. The moment the levels were set, I moved on to the second part the overview. Looking for a ch- art pattern. The chart pattern i found was a Descending triangle a bearish pattern. Which had an bearish outbreak. For my prediction i use a parallel line, I set...
I made this analysis to create a clear view on BCHSV. The first thing i did was searching for the support and resistant levels. If you want to find those levels by yourself, you can use the point and figure chart to identify those levels. The Lower is support and the up- per resistant. The second thing i usually do is searching for a trend pattern, in this...