September is historically a very bad month for investing crypto. Is this month and year going to be different because we've seen the downfall during the summer? We've broke the cup & handle and formed an inverse head and shoulder pattern which should break as high as the cup&handle $420 is the real target, but let's see what September will bring. As much as...
So while everybody on the lower (1h) timeframe is focusing on a head and shoulders being played out. Let me propose there's also a bullish cup&handle being formed on the 4h/1d timeframe. Comment down below what you think!?
Been seeing some guys sh!tposting BNB without looking at the bigger timeframes. We've been held down by resistance while in an ascending triangle. Once we break the triangle first target is $370 before we hit $420+ Potential on the short term we might retest the $300 levels if overall crypto sentiment would be bearish.
So recently Bitcoin has been trading with huge volatility, all within limits of major trends. This week, we're finally breaking those and are heading to set lower lows before a potential major 2017 bull run. In the very short term, a matter of weeks (crypto terms "long term") we're looking to retest 2017 all-time high before we head on our log trend. this seems to...
Pretty steady climb of Bitcoin on the log chart. Can it keep up the momentum? In my opinion we most likely we'll see a ~20k-25k price first before continuing this upward momentum and shall we see a bullrun like the 2017 run? Here's the most simple chart idea to show the progression of Bitcoin thus far!
With Kuchain white paper to be released in September, it's likely this hype will make it reach the historical resistance around $1.80 Also Kuchain is planned to be released Q4 2020! This should lead to a lot more hype depending on a few factors inside the whitepaper; 1. Angel investor token lockup 2. KCS holding benefits We know kcs will be the base token for the...
Because the last fractal was liked a few times. Here's another great fractal! I don't think this one needs any explanation. Do you want to support me? Make sure to sign up on Kucoin with my referral and help me to continue writing more and deeper analysis! Click here! (thank you<3)
So we've heard the news. What's going on and why are people going short? Well, the charts just look like it, if they have any personal reasons you should ask them ;) But don't forget BTC is totally different than any other asset. There are a few "options" when it comes to both long and short. So make sure to DYOR before setting up trades. Short When we talk...
So there's the golden cross set-up... But where will this lead? First we'll have to break some important (historical) resistances; 1. We just touched the 500 EMA, it seems this'll not likely be a resistance. 2. FIB levels 38%, 50% and 61.8% are important levels. 3. Finally the historical resistance at 1.88$ After 1.88$ anything can happen! Last time we've seen...
So what if this fractal of January is coming back to life? We would see a 1.30 USDT value! And how do we get there? I've drawn a big and small fib retracement, in this fib levels we see an overlap on 1.08 USDT. This has been a key level for KCS before and i assume it'll be again. So there's basically (like always) 2 options. The volume increases and we'll forget...
So we've been seeing a big liquidation for kcs(validated on telegram by kucoin team), but to bad this has not yet been the spark to go beyond 1$, everything under 1$ valuation is considered low. KCS give you an average of more than 7% ROI on your investment (with daily payouts). And by the looks of it, the platform is only getting bigger. With referal programs and...
Gaps tend to be closed before major moves. Expect it to reach 12eu again before closing upside gaps. If it doesn't close it now there will be a major move on the downside this year to still close it. Just like the Jan '19 gap that got closed in Aug that same year. First fib to cross is the 0.3 at 18,5eu. After that 22eu. Shell is lacking momentum compared to the AEX.
High leverage traders got rekt on kucoins last night. Will this be the spark for better days ahead?
if the next 3 years will be the same... 28k new ATH, 13k lowest in march 2023. Obviously past results don't guarantee future performance.
Very likely dump incoming, KST cross suggest downside over upside. Maybe this'll be the start of alt-season?
So we're going to the moon right? No, i personally don't bet on that. That would be to obvious and people are expecting exactly that to happen. So the most money to be made by big investors is selling when you're buying. Charts are setting up for a dump of 20-40%. Do your own research, this is my personal idea's to keep track. Not financial advice.
Finally we hit the long anticipated target. Let's go sideways before our new All time highs. I'm neutral short term. We might aswel hit the ultimate bottom of 5k or slowly and/or steadily move towards 7-8k. And those who blame the corona virus, financial markets or anything else is the cause of these moves are wrong! This is just an excuse for a move that was...
Still believe we need to hit $6000 before an actual new ATH. First try to break 10k failed and we might flash crash below the exponential trend growth of January.