Hello Traders,
Here is my latest analysis on Bitcoin. I have been studying this descending diagonal pattern for quite a while now. I believe the BTC Sell Off is losing momentum and it may run out of steam soon. The key of this analysis only depends on 2 things. First, the level $6,000 must hold and the level $7,800 must be broken successfully. If that actually...
Hello Traders,
Here is my last analysis on Ripple. We are currently trading on a key level which is the 2018 lowest low. Pretty convenient for us, there is a descending triangle formation as you noticed on the chart. If that breaks down we could easily see XRP trading around $0.45 in a few days/weeks. Now, I am taking the short side on this analysis, however, if...
Hello Traders,
I am glad to share my last analysis on Etherium with you all. I will point out a couple of things, first, we have finally broken down from that descending triangle, that definitely spells more downside for the coin. I will not mentioned much on sentiment besides the fact that crypto is a bear market right now. Another thing is that we are trading...
Hello Traders,
Here is my last analysis on BTC. Something interesting is definitely happening here, is BTC getting ready for more losses or has it bottomed already? Personally, I feel this could go lower to either $5K or even $2k. The reason I take that side of the trade is based on sentiment, we all know the crypto market overall is having "not its best day"....
About 3 things get my attention for one of the biggest cryptocurrencies in the market. Etherium looks like is getting primed for a big bullish run in the near future. Here are the technical factors I consider to backup my claim:
1. Price is currently trading at a 61.8% fib level of its historical run.
2. There is an importante bullish divergence showing up on...
