The chart speaks for itself. Just bounced on a support support near all time lows, while the business itself is still performing stellar. Indicators looking good; small bounce from this point looks good, etc. Some beautiful trades possible from this point. Also! Definitely check out my two posts on the DAX index here below.
Quick and easy - ONT has been slaughtered recently - after a beautiful run up quintupling initially (where I guided the readers nicely :-) ), the cryptocurrency stood ground for a while but then got sacked just like all the other ones. Currently touching the last Fibonacci retracement level, having the RSI in an extremely overbought region, and the MACD about to...
#BTC now closing in strongly towards a golden cross on the MACD on the weekly chart. Together with a break-out of the triangle formation and hopefully some more green volume behind it, we might be in for a treat. Next resistance at $8.200-ish!
Quick post: -Vechain almost at the likely bottom of its correction (78,6% correction horizontal in blue) - around 20.000 satoshi. Currently at 22.000. - Given the incredible fundamentals of this one, this might be a good, if not a very good, if not an amazing and scarce opportunity for purchasing some. - Looking at the RSI: only at 5, or in normal language:...
I've been following Vechain for a while now and fundamentally it's an astounding business - 250+ partnerships amongst which projects to e.g. put the supply chain of BMW right into the blockchain. Quick post on the technicals + note that you can find my previous posts on Vechain here below in the "link to related ideas". Recently, Vechain broke the long term...
Ontology has been making a lot of bullish pennants of lately, I wrote about these extensively in my previous posts , following up a 5X increase on its price. I also called the top and urged to sell at least part of your positions at the points where the green straws / outliers of the candles ticked of the top orange resistance lines. In the meantime, Ontology...
Seems like Nano is getting ready for an uptake: - about to break the triangle resistance - very bullish MACD - oversold RSI curving upwards - very similar to the previous break-out Follow on twitter!
I called the bottom and new "BIG BUY" moment for Vechain in my last post on April 12th (with the actual bottom at 01/04). You can see my graph back then here below (you can also click on it to see how it unfolded until now): For obvious reasons, I cleaned up the graph a bit and you can now clearly see 3 important points in the graph: - Point 1: BIG BUY...
In my previous post on Bitcoin , I highlighted that we were still too early for a break-out of the 10K resistance line and that we would fall back. We actually fell back a little more than I expected, because I was relatively impressed by the upward momentum at the time. However, following TA theory, if we don’t break the resistance, we fall back to support, in...
In a previous post on the DAX I emphasized a very bearish stance regarding the DAX on the mid term. I still stand by that thesis completely . However, in the short term, there is an inverse head and shoulders forming , which would - if the neckline were to be broken - give us around 13.200EUR as a break-out target (probably a bit too high, looking at the left...
Looking at Litecoin, we just broke upper triangle resistance line. However : i) on the daily, I see the MACD hesitating a little, and maybe even curving bearishly first; ii) volume is lacking; iii) the RSI is in the overbought area; iv) we still have a horizontal resistance to break before we're in the clear (Fibonacci 23,6% at $170). All of that makes me...
Bitcoin is boinking against that $9800-ish resistance with all its power and it’s having a hard time breaking through. Last time at April 25th, a single test resulted in a full drop back to $8700. Today, we’re seeing already a double test (or a double top for that matter?) and on this 1 hourly chart, a bearish MACD and a negatively spiralling RSI. That’s not...
Just look at this beautiful cup. Even the handle has been formed. In theory, we can get ready for a cup & handle trade. If we break through the " coffee " line, we can expect the size of the handle to be added up to that level. That's kinda insane. In the meanwhile, we are seeing that on the 4hourly chart, there is still some downward pressure first : you can...
Following some previous examples that have done very well, Simple Token seems to be heading the same direction. We already saw it with Verge , where I highlighted the cup & handle potential, but also the sell moment (the day of its major announcement, a typical dump day). We saw it with ICX , for which I've been on the spot for over 20 trading days (just...
Since our last public post on Ontology (see chart below), Ontology has more then doubled in about a week time. Previous post (19 April): If we look at the ONT graph today, we see an amazing gain, especially compared to previous levels. Ever since March, we actually made over 500-600% gains. Even today, the price is spiking with a whopping 18% (and that's...
In my previous post I explained very quickly that GVT was finally in for a break-out of its' triangle formation. Minutes later it broke out and will now likely retrace a little before the bounce-off. That brings me to the next part of the story – the targets and the overall chart picture. Chart of previous post yesterday, where I called the break-out: Daily...
Hi Guys, Very quick post - check it out - GVT is breaking triangle resistance as we speak. Don't forget to put your stop losses as well so that you can trade this one well, but just wanted to give you the heads up. Also on the daily, we have a triangle formation approaching its breakout, a MACD and RSI in the buy zone and curving to the bull direction.
I was looking at the chart of OMG and I immediately saw this beautiful purple cup with a forming handle. The trend is sideways to downward for the moment (mostly downward), so that the handle can be formed. You can also see that confirmed in the MACD (death cross on the daily) and clear overboughtness in the RSI. This makes me to believe that we are likely...