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Shogun414

BTC could be getting ready for a BULLISH ride !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 happens, we could see BTC at $11,500 and even $15,000. Cheers, -Shogun414
BITFINEX:BTCUSD
by FrissianViales
XRP getting beaten to $0.45 soon! 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 for any reason price breaks up and hold the 2018 Low, we could expect a retest to the $0.60 area and even $0.70 level. Strong confirmation is key here, but is done right, it could be a really profitable trade to either of those 2 options. Cheers! -Shogun414
BITFINEX:XRPUSDShort
by FrissianViales
4
ETH priming up for $275? It looks absolutely possible! 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 ETH below the 50 MA and 200 MA, actually they may be crossing soon for more bearish confirmation. I know this is a lot of bad news for ETH owners, however, there are a couple of key levels such $400 and $275 that could offer a support zone as they have done multiple times in the past. Please zoom out the chart so you can better see them. Let's see how those levels react and if you have comments, I'd love to hear them! Please give thumbs up if you like what you see! Cheers! -Shogun414
BITFINEX:ETHUSDShort
by FrissianViales
BTC short correction coming, heading towards 5k or 10k?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". So, I think we could see a small correction soon before it goes down a bit more, especially because there is a descending triangule getting tighter and tighter on the daily chart. It's not new to BTC to "Crash" and loss about 80% of its value based on historical data. I would love to know what you think, feel free to leave a comment and give thumbs up if you like what you see! Cheers, -Shogun414
BITFINEX:BTCUSDShort
by FrissianViales
ETH getting primed for powerful bullish continuation?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 the daily chart. 3. There is a descending wedge forming up and it looks like is about to break soon. If you like what you see, please follow. Cheers! -Investors Club (Shogun414)
BITFINEX:ETHUSDLong
by FrissianViales