Ethereum is picking up like the rest of the market, closing on the resistance of falling wedge formation. If It manage to break out of it, ETH will easily reach next target at $300 and $360. If the price retrace again, one stronger support is under $200 level. The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower...
I'm bullish on XRP, not just on short term as I published in my previous analysis (great for those who read and followed the call), but also on longer term. I think we are in the second bullish wave that can send this coin a lot higher than it was in first week of the year. History repeats, financial instruments move in cycles and charts don’t lie. Prices move...
I have been observing long cycle of BTC for some time now, and we may see closing of Elliot Wave formation. It may be the last wave of downward trend. We all know that in trading, financial instruments behave in chaotic manner and are traded in repetitive cycles. History repeats. I’m more short-term trader that long term analyst, so these long-term predictions...
XRP bullish run continues as expected. I have a feeling it will soon take over ETH No.2 position. Check XRP analysis posted before for major resistance levels.
XRP price is getting in a bullish zone against US Dollar and Bitcoin pair. XRP/USD could advance above the $0.33 level if buyers remain in control. Price also crossed 100 SMA which gave some more fuel to bullish momentum. XRP formed low at the $0.25 level, double test it and reversed to the upside. The best thing in reversal was clear close above the $0.30 level....
XRP price holds steady above $0.31 resistance against the USD. It is placed nicely in a positive zone and it could move past $0.34 soon. As long as the price is above the $0.31 support area, there could be more range moves in the short term. On the upside, if ripple price surpasses the $0.3347 (previous high), there could be more gains towards. Watch out for...
BTCUSD is forming a new ascending triangle. Support is on $7150 and projected push towards $7450.
BTCUSD still looking bullish on 1h chart. Its moving nicely in an ascending channel (yellow) from the local bottom at $5900. We have Fib. 0.618 support at $6260 and the resistance at $7150 (last high). Usually gaps on the downside get filled in, before we get new confirmation of the trend (between yellow support/resistance levels). On 15 min chart BTC is building...
The whole market is bleeding and so is Ethereum struggling to reverse. The bearish trend line and the $625 resistance level have not been taken out. Until they are not, it makes no sense to go long. For now, the support at $468 is holding, but if bears manage to break it, the fall to APR low is next target. We are seeing a lot of negativity on the market,...
Lot of SL involve at the levels below and as we all know BTC loves to trigger them all :) If we break down we are probably going to dip. Targets are the bleu boxes.
HEY !! I HOPE YOU'RE GREAT WE HAVE A BULLISH STRUCTURE IN HIGH TIME FRAMES AND WE'RE EXPECTING A BULLISH MOVEMENT AFTER that Correction of the Price hey q tal ! mi gente ~! espero se encuentren genial ! este es el posible escenario y movimiento q estariamos esperando para el GBP/JPY ! tenemos tambien un patrón harmonic espero les haya servido de ayuda esta idea...
ETHUSD broke out form ascending channel and its now moving down to support zone – blue line marked. It’s still nicely above 200MA, while RSI and MACD indicates further decline. It’s not a direction change yet and could be a false breakout and reversal back up from here. I'm waiting for next daily candle and I am caution on any major correction down from here....
I usually pick fundamentally strong projects for my trading activities. I don't like to do technical analysis on weak coins. I added ZRX to my portfolio a while ago as I see it as one of the future best performers. 0x is an open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain and will be used for powering decentralized...
GNTUSD made a nice break from the descending pattern, bounced of resistance at $0.26. Perfect entry was right at strong support on $0.18-0.20 area. Now we are moving higher and despite some market correction, GNT stands well. I’m looking for rebuy on support zone, if we get there and target my next level at $1.27 and $1.52 approximately. Check the volume at break...
Symmetrical triangle or similar to also pennant, are powerful patterns on TA. XRP is forming one the last 5 days and could be good set up to enter position. I'm looking at 15 min chart, price is bouncing right in the pattern – watch out for a breakout. I'm more on bullish side ATM and will play this one if we get break from upper resistance. My target is $0.89.
Massive correction is underway and also big names such as Ethereum are not safe. ETHUSD broke major support level on weekly chart and its heading to area marked in yellow. Market corrections don't necessarily mean a longer bull market is at its end, but its normal cyclical movement, especially in emerging market like crypto. The bigger the gains, the greatest is...
I covered IOTA before. I like the coin and the project behind it. I think it has long term potential, but this is my opinion and not investment advice. I normally use Linear scale chart on my trading, but this time I will use Log scale as its more appropriate on very wide range. I normally don’t cover long term trades, but this one is just looking to perfect....
BTCUSD had a nice rebound, close to $7000 mark, just above previous low and its now bouncing back to descending trendline (RED). It’s still a bearish trend pattern. I market possible scenarios and important levels to watch out. In blue square I market two very important levels. One is just under $11.800 (BLUE square), it’s the last higher high, before lower low...