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Kraken

ZECXBT - Dead Cat Bounce Or A Selloff Bottom?Beginning on April 8th, 2020 at around 19:30 EDT, KRAKEN:ZECXBT began a major ascent from 0.00510 XBT that crested at 0.00576 XBT. Soon thereafter a selloff occurred which brought us back down to rest just above where the previous jump occurred. But is it just a " dead cat bounce " or is this the bottom of the selloff? We should find out before much longer. As a general rule, remember the words of Warren Buffett: “Fearful when others are greedy and greedy when others are fearful.”
by finexus
LINKXBT Finally Cooling Off After A Historic RunAfter a historic run over the past few days (since April 6th, 2020 @ 09:00 EDT), KRAKEN:LINKXBT may finally be cooling off. Over the course of three days, LINK/XBT rose from around 0.0003345 XBT to a high of 0.00047499 XBT marking a solid 42% gain. Since that highest price point, LINK/XBT has started cooling off noticeably and has drifted lower and currently rests at about 0.0004399 XBT (as of right now). Is the momentum completely over or is this a temporary "regrouping" or "consolidation" period? Historical precedent would advise us that (as with all things in this universe) "what goes up must come down" - and "every action has an opposite and equal reaction". Therefore, it would be wise to be prepared for at least a gradual decline before things pick up again. As with all things crypto, we'll just have to wait and see what comes next.
by finexus
(W) - BTC in Symmetrical triangle + Possible Bull flag?What most people don't realize at times like this is to zoom out and check the bigger picture. This is the weekly chart of bitcoin which show a symmetrical triangle formation and possible bull flag. Also note how the volume is slowly lowering since the kickoff of the bullish run. In the shortterm bearish scenario: My first target is going long 6500-6700 My next target is going long 5300 - 5500 in the shortterm bullish scenario is going short at 9000 and 9500. In my eyes confirmation of a continued bull run would be a higher top than the previous one with good volume. Like for example a strong close with not a huge wick above 10k. These are very safe entries looking at the chart now if the volume keeps the same.
by jonathanvn
2
LTC BUY ZONE 49-51.50Hi guys! There are few buy zones in the chart you can see. I have tried to buy at first BUY ZONE and gave recommendation in my previous idea. But then I have closed the deal with aim to buy LTC in next demand zone. All recommendation you can find in idea from 21 Feb. So I put buy order at 50.75 and it is in work! Don't forget to use stop orders. Hope my point of view of the market situation was or will be helpful for you! If you want me to do analysis one the coins you trade give me to know. You can comment or write me a message. Trade in profit!
KRAKEN:LTCUSDLong
by NikitaBlock
2
My resistance levels if Ripple continues its breakoutThere is no bullish pattern confirmation, nor supper bullish volume movement... But, there is a rapid moving RSI, increasing positive volume and an big breakout in its bearish triangle to the upside. You can see how I confirmed that by my previous idea: However there can be more volume. I don't think it will get loads of attention now immediately, but it will come. In my eyes it is very healthy to have a correction towards 0.252 but anything much below that with a weekly close will call a fakeout imo. Also on daily chart the 50EMA is very close to crossing the 200EMA... My updates such as entries and targets come on my other idea as mentioned.
by jonathanvn
Kraken DASHUSD chart eyeing goldencross by tomorrow! Target=$220Haven't checked dashusd on other exchanges yet for confluence but on the Kraken exchange it looks ready to blow! *not financial advice* . We see here a symmetrical triangle in an uptrend attached to a flag pole= bullish pennant. If it reaches the pennants breakout target we are looking at a target of around 200-220, if it only reaches the triangles target it will be considerably lower but with the inevitable impending golden cross I anticipate it will reach the full breakout target.
KRAKEN:DASHUSDLong
by DrDovetail
(I'm a newbie) Analysis of LTC EUR - Kraken - Renko - DailyJust learning and sharing so I can get some constructive feedback on what I am seeing and what I am not seeing in my chart analysis. If you think I am insane, that's cool. Just be sure to tell me why so I can learn :) I am doing my best to keep things simple and follow solid trends and retracements keeping trading/market psychology in mind. I made this analysis using Renko bars to get stronger trends on average price action. I used the green time span circles to get an idea of how the price action moves the market along and better understand where I might be able to find buy-in and take profit points. On the main chart, I pulled the time cycle from the beginning of the first large wave to the centre of the peak to get my estimated time frame for when I can expect the peak of the following wave. In the RSI, I pulled a fib retracement from the all time high in the RSI around the beginning of 2018. This showed me that all subsequent peaks in the RSI "uptraces" to the .5 on the fib. On the most recent wave in the RSI, I pulled a fib from the peak to the newly formed low - this showed me a that all previous peaks lined up with the .618. Using the time cycles tool, I identified that the predicted peak I created on the chart lined up exactly with the predicted peak on the RSI.
Long
by dbs2020
BAT in Symmetrical triangle, Could reach new ATH!BAT is currently trading in a symmetrical triangle on Kraken which is very clear on 4H chart. BAT recently followed other coins with an uptrend and BAT has alot of positive volume compared to negative volume. 13EMA is also very well tested. This is nice opportunity to trade with buying on support in the triangle. If it breaks it's previous all time highs which is around €0,25 it could very well reach much higher. Previous high was tested around 3 times but very weak. What also is very clear to see it that it could be a double bottom pattern as seen on 1D and 1W chart. Since it opened very recently before the first bottom it isn't a very secure and reliable pattern.
Long
by jonathanvn