bnb/btc premature flag resting on 50 & 25 ema with some decent volume, long at break of flag, short at break of demand area.
I have this idea of that the marked points(horizontal lines) will be the key areas for determining the upcoming trend of bitcoins price movement because the areas collide as in support meets resistance and resistance meets support between GOLD & the indexes S&P 500 and NASDAQ 100 whom naturally have an inverse relationship. The reason for this thinking is...
Hello! Here is my opinion of gold's probable future price movement. The first leg down will happen because of the fake rally in the traditional stock markets now because everyone is urged to buy and are guaranteed a "safe 2019" following the latest news articles in the financial markets, i speculate this because inversely that is roughly where the supply area is...
Hello! XLMUSD has been showing some bullish signs after finding support in between the 50-60 % retrace from the miniature bull flag whilst squeezing on the monthly moving average with the drawn trend line signaling a breakout if we have a rally that breaches and closes with a few lines above the MA. In the case of a breakout we can expect a surge upwards 0.14...
The LTCUSD has been flashing some bullish signals after finding support on the monthly moving average on top of the inverse head and shoulder pattern in between the monthly & quarterly moving average creating a new value area for LTCUSD between 30 & 40$. If a break occurs we can expect a break up towards 40$ FIRST before regrouping in a rally with a break out of...
Hello! There is a great chance for a breakout happening in ETHUSD if the bulls manage to break the quarterly moving average that has found a resistance in the round number of 160$. Else to take note here is that ETH is currently in a value area in between 160,140 & 120 where the monthly average is waiting as a support marking clear value area between the...
Hello! It may seem like we have a reversal upon our hands how far i have absolutely no idea but potentially to the 6000$ level because of all the free room. At this current level there is a fractal within the inverse h&s pattern that to me signifies a probable strong incoming bull move because on top of that the patterns have found peculiar support around the...
Hello! It is not a secret that we are in a stronger downtrend, however a good trader can make something out of it no matter what direction the sentiment is. So here i am presenting my probable future price action of Bitcoin at its current stage, i see no fundamental reason for it going on bull trend currently so this is based on with a "bearish" outlook with...
Here is another opportunity to enter for the one that missed out on the first rally towards the 7000$, the minor bull flag is easily recognizable by it's sudden rally and diagonal decline while maintaining a horizontal demand level marked with the circles and confirmed with the price rejections visible in the candle spreads.
We can see that BTC has reached a level of a very clear demand area where every contrarian move for a violent move down has been rejected in a total of 5 times on the daily & 4 hour chart, judging from the current demand and supply areas it would be a good probability to see a bull run before hitting the massive supply orders between 6900 - 7000 marked with the...
Awaiting a retest of previous high for confirmation of the violent down move with the weak rally going on currently. At realization of the price action a take profit is set at current demand level, depending on how volatile the move is going to be. If market is depressed enough take profit will be moved to 6000~.
Another great project looking to liberate the mobile data market! The chart projection above has little meaning what is important are the fundamentals, this token is extremely undervalued at its current stage Fundamental Analysis Trying to keep it very short and easy. Recent surge in value not pegged to the movement of the dominant BTC has been due to the...
As you can see Cardano is respecting the fibonacci levels creating a harmonical AB=CD pattern which if following this principle of taking trades gives us a nice breakout W pattern to use. We can see this by taking a look at the A to B leg where the level of 786 was respected "psychologically". That is though not enough of a proof for a shaping harmonical...
I describe my reasoning on the chart in the box with the red text.
I cant really express all of my thoughts here fully through because of the maximum characters limit so il try to compress it as much as possible, and these are just my opinions & observations if you have anything else to add or think otherwise i would gladly like to know what you think about this. This is mainly a long term investment. Recently reddcoin has...