Overview: We have recently seen this new pump enter into the price action of BTCUSDT. This pump has several important features that show us the underlying structures at work within the market. We break the daily chart down into rectangular regions that indicate a form of behavior that identifies sentiments present in the active trading for those specific...
RDNBTC is trading at the bottom price, from where it started in November 2017. RSI is showing divergence and WA has turned bullish. The price is setting up a bottom and we can see sudden spikes up.
BNB has traded in a channel since March 2018. The prices are declining, towards the bottom of the channel. In the coming week I will be keeping an eye if it can find that bottom and start a reversal. In the past the reversal has been steep, so will be looking at RSI and WA to indicate the price turn. This is a very high profit potential, if all the pieces align together
BTCUSD has found the bottom at 5818 and has bounced back up. It has tested and broken the trendline. The daily candle has closed above the daily pivot level. RSI is on buy signal. WA is showing enough momentum in green bullish bars. For next seven days the price could climb and target R1 at 7525
We all know Bitcoin is back! However, it will stay in the resistance zone from 6520-6540 because India's central bank is directing all banks to stop providing any services related to crypto but the country's finance ministry has not given the opinion yet. Investors still lack confidence.
Price has tested the daily support level and bounced up, only to meet the daily dropping trend line. For BTC to go bullish, we need to see a close above this trend line. RSI is showing divergence, indicating an upward movement. However we lacking to see the breakout of momentum. The price is squeezing in the tight triangle, indicating a breakout is coming around.
Sell @ current level of 2351 target @ 2154 - 8.3% profit
The price has found a bottom below 61.8% fib level, supported by RSI divergence. The reversal needs a close above 61.8%. Buy on confirmation and target 50% fib level at .6956. That is about 15% gain The Wall Street Journal reported on Monday, June 25, that Ant Financial, which is Alibaba’s payment affiliate, just launched a blockchain-based cross-border...
A sell trade @ current price 0.00121700 target 0.00102058. That is 16% profit target. The battle between centralized and decentralized has just begun. Then again, maybe this is just more evidence of the two-tiered economies. One by which a very few benefit and thus are beholden to the fiat centralized system and the other by which the commoner would be better...
Although we are longer term bulls of this decentralized P2P system of blockchain, we can’t lose sight of the short term negative aberrations and seemingly lack of excitement in the space. These things take time and usually sideways action, or taking a break is good for longer term prospects. We feel that the investing community needs further confirmation that the...
There is a long signal in this one day chart and the price may go up within the range- 0.019096-0.022. People still have the confidence to hold XMR.
Okay Folks...here we go on BTCUSD. In my previous TA, I had mentioned how the price is inclined to go low, and it did. The price is entering a very important zone of support here. It has tested this zone 3 times before ....Dec 2017, Feb 2018, March 2018. Everytime the price entered this zone, it has bounced back up. However, every bounce has resulted in a lower...
The price has formed a nice bottom on daily chart and started moving up. Broken into smaller time frame, we can see where to enter and place our trade targets. Meanwhile in news - Since last week’s ‘Bloody Sunday’ cryptocurrency market have seen some slight recovery but not by much. Markets were dropping pretty low up until the U.S. Securities and Exchange...
WATCH the strong support area, price action is testing the support and resistance line. Oscillator divergence looks positive for bullish signal. Make sure to wait and confirm before you jump in. Meanwhile in the news - It came as a news flash, that announcement by CoinBase that they will support ETC in the coming months. The news triggered a capital rush into a...
Divergence on 4 hr chart for oscillators. This is a sign that price might move up from the support zone. Green momentum bars can point to buy trade
BTCUSD is stuck in a strong support area. We could see it going sideways, before finding momentum Meanwhile..Obelisk, a new ASIC manufacturer led by Siacoin developer David Vorick, has released plans for an ASIC launchpad for Proof of Work coins. Its aim is to provide new and existing cryptocurrencies with an ASIC-friendly algorithm that will mitigate the rising...
As long as the horizontal support hold, bullish signal stay in. Scalp on 15 mins taking small profits at Resistance levels Binance will support the ONT Mainnet Token Swap. Binance will handle all technical requirements involved for all users holding ONT. The swap is scheduled to occur on 2018/06/30. Binance will also distribute the corresponding ONG on a monthly...
On June 7th, Roger Ver, the official face of Bitcoin Cash and the CEO of Bitcoin.com has announced that BCH is following the idea of creating possible “designs” with newly added applications in the first weekly Tokyo Bitcoin Cash meet-up held at Rakan. Earlier in the first week of June, more than 100+ coders