XLM has great fundamentals, but just as with the overall crypto market, price has been in a downward spiral since beginning of January. In this post, I want to have a look at the overall picture, and identify some support and break-out levels / signals, looking at the three charts: 1) versus Bitcoin, 2) ETH, and 3) USD. 1. The XLMUSD graph: 1) The CCI is...
In my previous post I highlighted the downtrend that ICX is currently in, and how there is no clear indication of reversal yet. It actually even broke the lower white triangle support and is now trying to get back in. It could be a coincidence, it could be faith. But because of breaking that triangle for a moment there, a nice fitting cup & handle pattern...
What is Bitcoin telling us today?! If you had a look at my previous post on " Recognising trend reversals in Bitcoin ", you would have seen this one coming from a mile away! We are already up around 15% in the meanwhile! PS: in my post following the one just mentioned, I was saying that it wouldn't get much more exciting than that moment: make or break! It...
I’m writing this message as a considerable warning to all AAPL holders. I am a long term investor myself, buying most of my position at the correction leg around $55 as shown in the graph (at point '2") at the first highlighted correction in 2013. I actually wrote a similar post on January 29th, but because it contained some external links, Tradingview blocked...
In this post I want to zoom out a bit on the Vechain graph, look at the previous incredible bull run, the subsequent correction, &.. the next bull run! I will be writing about several indicators beneath the chart – highlighting them a bit first – & then fully applying them to the chart – so stay with me: --> The indicator just beneath the graph is the quite...
In one of my previous posts “ Recognising trend reversals in Bitcoin ” , I showed you how you could call the trend reversals in Bitcoin as soon as they occurred. This by relying on Heikin Ashi candle trading, which is a slightly different way of charting than regular candles....
A relatively straightforward piece on request of a reader/follower. OMG has switched from one upward trend channel to another, like missing a step on a ladder but still going to the attic. You can also compare it a little bit to the typical pitchfork analysis and we are now in the lower end of that upward pitchfork. - Given that volume is rather low , I expect...
Earlier this week I already posted on the S&P 500 - “A word of warning”. Today is no different. Although, the DAX shows a maybe even worse picture. And I am actually absolute not a "perma-bear"... 1) If you look at the red resistance line, drawn from the 2003 top through the 2007 market top & from there on you see that the 2015 top could have been called at the...
1) ICX has been in a beautiful upward trend channel ever since its listing on Binance on December 19th 2017. 2) When it broke support of that channel beginning of February, it plummeted in a very nasty downward channel from an ATH at 9234 sat to 4577, practically half. 3) Ever since, it’s been in a downward triangle formation where price hits the resistance line...
Let's have a look at this crazy graph, in our great expectation of Monday 26/02 - rebranding day! In my previous posts I called the first buy and sell moments in 1 and 2 respectively. Then we got to the end of the white triangle formation with all indicators going for it, Vechain broke out. It moved right up to breaking out of triangle number 2. (I made...
People have been wish-ful-thinkingly seeing a very early inverse H&S on Bitcoin for some time now, but that very inverse head & shoulders really seems to be forming that last shoulder. Given the difference between the left shoulder and the head being around $4K, and the neckline around $11,5K – this would give us a target of $15,5K for this inverse H&S. Note...
Hi guys, A friend asked me to have a glance at Cardano… He asked “ should I buy this stuff? ” I am just going to list the things I notice in the chart, and things you should be attentive to: 1) There have already been two triangle formations with crucial Fibonacci supports as a triangle basis. Both of them failed in breaking the triangle upward, followed...
Hi guys, welcome back for the big crypto show – today’s edition. In this post, I want to focus a bit more on how you can be attentive to potential trend reversals , via a method I’ve been using in some of my previous posts: the Heikin Ashi candle sticks, and more specifically looking at the Doji / Spinning top indicators. FYI: A doji candle is a commonly found...
Another one set for a potential upward break-out! AdEx is trading on a strong support and has just formed a Heikin Ashi doji (those who follow me will know by now that I sometimes refer to this trading technique (e.g. Previous post on BlockMason resulting in a 100%+ trade in a matter of days). The setting of this one is quite similar, although ADX is already...
I got a request to check BCPT (BlockMason Credit Protocol)’s price and we are in for an interesting triangle again. BCPT has known incredible swings, reaching a high of 14858 sat (+366%) compared to Jan 1st, only to plummet catastrophically to 2469 sat (-83,3%), and all of this in less than 2 months. At the moment, price seems to be stabilising around 5131 sat...
Hi guys, in my previous post , I guided you all the way to and through the break-out and what we were looking out for. I now want to point your attention to a couple of CRUCIAL things that you have to be aware of. I will continue explaining the chart with Heikin Ashi candles – if you read my previous post you will probably already know how it works, if...
Disclosure: this is a repost of my Feb 12 Tradingview idea . Unfortunately, it was taken down by admin because it contained some external links. Until today, I always included links to i) my website, ii) interesting other sources. Unfortunately, my ideas that contained links have now been hidden (it's against policy). Given that I found the post crucial to trade...
Disclosure: this is a repost of my Feb 10 Tradingview idea. It received over 2500 views but was taken down by admin because it contained some external links. Until today, I always included links to i) my website, ii) interesting other sources. Unfortunately, my ideas that contained links have now been hidden (it's against policy). Given that I found the post a...