Cyrptocurrency
EURAUD SELL 1ST TARGET 1.61000WHERE PRICE IS TODAY @1.63500 WE HAVENT HAD A DAILY OR WEEKLY CANDLE CLOSURE ABOVE THIS LEVEL SINCE THE BEAR MARKET OF THE 2009 RECESSION CRASH.
ABOVE MY PURPLE KEY LEVEL IS UNKNOWN TERRITORY WHICH HAS BEEN REJECTED MULTIPLE TIMES
WITH AXY WEAKNESS WE MAY SEE CONSOLIDATION BEFORE SELL OFF
TREND LINE BREAK & RETEST HAS TAKEN PLACE
1.6100 IS ALWAYS RETESTED ON BACK TESTING THE LAST 12 MONTHS ONCE CURRENT PRICE IS FULFILLED
NASBTC - LongFalling wedge forming. Short term target is on the chart, if breakout occurs.
Not a financial advice.
MATICBTC LONG - Elliot WavesLet's see if it pays off.
Dropping below ~270 invalidates idea.
Not a financial advice..
MATICBTC IdeaMATIC might be forming descending (purple) or symmetrical (blue) triangle on 30 min time frame.
Not a financial advice. Lets see how it goes..
$DGD holding support. Maintaining strong OBV. (Long) $DGD holding support. maintaining strong OBV. (Long) looks ripe for another pop. I don't use order books as in indicator very often especially for alts, but buy side is significantly larger then sell side. Lots of room to run with not a whole lot of resistance.
BTC: Might have Completed a Growth PhaseBitcoin has completed a couple cycles around the it's Square in price. The time counts also have been accurate with 1-2 days. Right now both the price growth spiral and the time count of 36 days (SQ144) have met at a perfect nexus. It looks like we've completed a cube perfectly in Price and Time. While I say short, this doesn't mean short yet . We've had the ending of a price and a time cycle but there has not yet been real confirmation. I mostly trade off lower low into lower high entry, you need to see the market prove that it's rotating and that new counter motion has begun. If we close above 91, there could be a bigger growth spiral in play. So with that said, the market is at it's peak right where Price and Time have balanced. This is a junction point where reversals can occur unless new energy is added into the system
ASTBTC Long IdeaASTBTC looks like it has completed its retracement and bouncing off 50 EMA.
Not a financial advice..
EVXBTC Long9k level holding nicely, also, we see bullish rsi divergence on 4hr timeframe.
Idea will be invalidated if price breaks below red line.
Not a financial advice.
Is Litecoin preparing for another move?Back again with another cryptoanalysis on Litecoin. Do you think LTC is going to take off any time soon? Well, I will be brutely honest everyone will be guessing/gambling. Yes! No one really knows when the price will move to the upside. Hopefully, you are here to get a clearer idea of where to buy and sell. Don't get caught up in the hype, just keep it simple and buy low / Sell high.
LTC - in the last LTC post I made a bold buy statement on the 29th of April to buy once the price returned above $67.50. While price had dropped and closed below $67.50, the market had undervalued LTC by $1.50. My primary reason for the assumption was because of where the majority of the money was traded on the 2nd of April. If price were going to eat away at the larger candle on the 2nd of April, it would need to confirm that it could drop a lot lower than the dotted white line (POC) you see on the chart. Over the last 3 days, the price has stayed above the POC, and Weekly WVAP. Price is now moving sideways glued to the monthly VWAP. If you want to take anything away from this chart and the current price you still have a great time to buy as price is only barely sitting in the value area. We are now in May so a new monthly trend will need to form. If you are buying at this price, there will be some uncertainty between $75 and $80.
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"Patience is the key to any market" - Nathaniel.
Next update will be next week - Thank you for your love and support.
Regards
Nathaniel - "THe BiPolar TraDer"
Little Big Movement