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Excavo

ETHETHBTC Moving in downtrend channel. Target support line of the channel. Most of the crypto projects which collected funds via ICO have too many ETH as capital. They hope that ETH will grow up. This projects have big expenses: for salaries, development of product, marketing and other. But now the crypto market going down and people are scared they want to save own capital and ready to sell coins at any price... ICO projects selling their ETH in panic... I hope this panic will end. But "When?" that is the question. Now there are no signals to stop it. So, Short position on ETH is the best decision!
BITFINEX:ETHUSDShort
by EXCAVO
37
CRYPTOFirst of all, I want to say that the owners of money seriously took up the crypto. They make cryptocurrency exchanges, projects, but now they invest only venture capital, that is, with the ownership of this company. This is a sign that they are serious and have been here for a long time. Okay, I hope you understood that. These people work according to the old pattern, they want to control this new growth market. They are buying up large projects that are now at historical lows, but indeed, they could be even lower and will be bought at rock-bottom prices, as it happened in the 90s, when the countries, which were included in the Commonwealth of Independent States, bought factories for millions at the time when they cost billions. It is a working diagram. So, when and how will the race of active growth start (rally)? When investors, owners of bitcoins, will see a strong growth of any other coin within a few days, they will be greedy, and I'm sure that it will appear even among those who do not deal with the market. And then that long-awaited action will start. They will increase liquidity quickly and straight off … with thoughts: "Yes, this is what I was waiting for, I will make a big profit and go out of the market" - this is called greed. As someone said all money is made on human vices, and greed - is one of them.
BITFINEX:BTCUSD
by EXCAVO
87
EOS/BTC; 1D; 31.08I have many requests about EOS/BTC. "EOS on the bottom" they told. Ok, brokeout of r-resist. of small wedge + previous fractal looks like we have local rising trend. But! What the real potential of rise? On 1D chart we see very strong Resistance zone - X point - crosses of strong R + f1(fractal resist.) + dynamic resist. of MA 100,200. So, I think we may see rising movement for 15% to X-point in good scenario, if BTC will feel good. Generally, price on EOS is in descending channel from 30 April, and need to breakthrough many resistances before we can tell about rising trend. I think, EOS/BTC can refresh previous low easy. Be accurate, do not forget about Risk management.
by Supernova_elite
BTCUSDBTCUSD moving in flat 6000-6700 area already one week. I saw a small yellow up trend channel but this channel is just figure of trend continu. We have resistance level at 6850 and next 7170. And if we test the upper level of resistance, we will form an rising wedge - also reversal pattern and figure of trend continue. Most altcoins from the top-100 show a negative, but not very significant dynamics. The amplitude of market capitalization movement the last few days is small, there are no significant movements. Market Cap: $208 816 106 901 . The BTC dominance index is 53%.
BITFINEX:BTCUSDShort
by EXCAVO
50