Sell your bitcoin for eth, it begins a new upcycle soon and this is the best price range to buy.
This chart shows the ETh/BTC convergence. It looks like it's converging around .042. It has very strong support currently at the .04 level and should not drop below. On the high side it's starting to look difficult for it to rise much above .052. Which means if ETH breaks out soon while BTC is around 11700, then I would expect ETH to meet some resistance at...
I tried to post this chart as a follow up to my last ETHBTC chart but it kept rejecting it?! Anyways long interest hasn't capitulated in the least so the chart is still relevant. ETHBTC looks like it made a weird double top on this line chart and with LONG interest so high I feel very comfortable holding shorts here. Good luck.
OmiseGO has been correcting and bottomed at 61.8 fib level and finding support at historical uptrend as my previous analysis have been forecasting: Reversal signals: - Daily MACD has crossed, crossing the 0 line will be a confirmation - Price has break 4hr - MA100 and keeping above. - Price is bouncing from historical uptrend and acting as huge support. At the...
NEO has hit both of our 2 targets called back in September as posted here (complete past analysis on link below: "NEO possible reversal") In this moment NEO is in a very bullish trend keeping above daily MA100, and having higher highs and lower lows. If daily MA100 supports should fail (doesn't seem to) we would have acting as a huge support the historical...
Following its breakout to all time highs we've pulled back to the inital breakout spot with a good chance to get long with the stop below prior breakout stop with reward set to highs & higher.
Watching this ethereum falling wedge we are in a ascending triangle VS the dollar Expecting a bounce to the .1btc levels Been oversold for months now Time to make some money on the eth/btc pair again!!!
Point : Since late October, Ether prices have recovered against Bitcoin. However, this price action appears to be a bearish flag against the resistance trendline. If you look at the chart below in the comments, you will see ETHBTCLong positions are near all time highs, so this helps my theory as a contrarian indicator. I do believe that if .04 doesn't hold,...
IOTA has fallen more than 30% this week, from this week high of $0.98 to the week low of $0.67. IOTA's big dip this week is mainly due to investors and traders jumping into hotter cryptos: ethereum, ethereum classic, bitcoin and of course bitcoin cash. Nevertheless, I expect buyers to jump back in soon potentially pulling the price back above $0.75 in the short...
The cross is approacing to bounce on the support The bounce will lead the price to rise to the target price Daily market pressure of +6.1 confirm the uptrend Short term market price of +8.4 confirm the uptrend The cross is heavy oversold and confirm the trend This analysis are based on Market pressure Visit my twitter profile for the list of daily market pressure.
It is clear that it was rising to fast in first wave, follow BTC in second and is behind in third (undervalued). Stoch RSI graph also confirms that timing is right!
Here's a possible long set-up for the weekend. I'm not that confident, 55% chance trade works out. More of an idea ETH makes a push and BTC stays range bound this weekend. Thoughts?
ETHBTC This my analysis for short-term trade. My target is 10%. What do you think guys?
Point : After breaking key .05 support we have come back to test it as resistance and it looks like its holding for now. We are in a thin trading zone between .05 and .014 and I still think the BTC bull is around just a lot of FUD around it right now with BCH pumping. I'll take my chances and SHORT here with a stop-loss with a daily close above .05 targeting...
Ethereum doesn't look like LTC. I think LTC is the big winner out of today. This is because it no longer has B2X or whatever to deal with as arbitrage for BTC and ETH kinda shot itself in the foot with the wallet malfunction locking up millions of dollars. Now that the 2X event isn't happening, I think I'm going to dip my toes in LTC. I was going to do this...