I've never witnessed a more bullish Bunny pattern as I'm seeing right now on EGG. Although this is not financial advice I would definitely urge you to throw all your Bitcoins at it, grab as many eggs as you can today! Obviously I'm just kidding and I wish you all a happy Easter and April fool's day! Love ~ CryptoJC
Hello friends! While I always thought that bears were the ones hibernating during winter, it looks like this winter it has been the bulls who are taking a long, long, long nap. Even though spring has officially begun, BTC isn't blossoming just yet and Bitcoin is still moving within the orange channel / falling wedge I drew last week. Short term BTC is moving...
After news broke last week of LitePay ceasing its operations, LTC BTC took a big price dump. It bounced back up at my 0.0155 target and retraced some of its loss, but stopped right below the purple border of the channel it was trending in before. Right now Litecoin is trending within a flag / symmetrical triangle (depending on time frame/connecting the lines)....
Quick update for those day trading Bitcoin. Possible head and shoulder pattern forming with RSI divergence. No guarantees that the pattern will complete; Bitcoin is super volatile so make sure to monitor those breaks. Read my complete Bitcoin analysis with 1 hour and 1 day candle overview by clicking the chart below: You can use this chart to help you identify...
When I woke up this morning and took a quick glance at some TabTrader charts it felt like the Crypto Apocalypse has been brought upon us. Bitcoin broke down below my sacred (bright red) August / September 2017 trend line and dropped to $6600. It bounced back up a bit to $7280, but at the time of writing BTC is testing the red trend extrapolation again at $6900. 1...
Like most alts, NANO is getting completely slaughtered by Bitcoin's volatility right now. Bitcoin has been dominating the market for a while now. NANO's falling wedge (blue lines) just keeps on falling, but... it's pinching, so there's probably going to happen something soon. There are three likely short term scenarios: 1. Bulls take the lead, we break upwards...
News broke today that the LitePay CEO announced that he ceased all operations and is planning to sell his company. Within hours after the news was released LTCBTC dropped to 0.0179 BTC, coming from 0.0190. Until the disappointing launch of LitePay last month, many investors had high expectations for the payment service for LiteCoin. This will definitely hurt...
Hello there, and welcome to another episode of mixed feelings on Bitcoin! I present you with a 6 hour candles chart on BTCUSD. In the recent weeks people went from hope to despair, and back and forth a couple of times more. Unfortunately this kept the fomo (fear of missing out) and fud (fear, uncertainty, doubt) alive, without Bitcoin really committing to a more...
Hello dear friends! I hope you are doing well. I've been laying sick in my bed for most of the week, so you haven't seen much TA from me lately. I'm starting to get back on my feet again, so let's kick off with a dual chart on Bitcoin / US dollar. This Bitcoin chart is all about perspective. The chart on the right is using the linear price scale, to which...
Good day my friends! To my surprise Bitcoin bulls managed to grab themselves together two days ago and bounce up from $7300 and push upwards and nearly reaching $8800; a stunning 20% increase within 24 hours. Now I'm done licking the wounds of my active at the time BTC short, let's have a look at the current situation. The indicators are somewhat pinching right...
NEO/USD, 2 hour candles on the left and 1 day candles on the right. NEO hit the downward targets of my March 6 and March 8 analysis . Right now NEO is flagging and awaiting a break in trend. Although the RSI of the 1 day candles chart indicates oversold, which hints a (bullish) reversal might be incoming, I lean towards a downward break given the bearish...
Litecoin/Bitcoin 2 hour candles Hello again, I'm back with a (short) update on Litecoin. LTC managed to break out of the falling wedge I drew in my last week's analysis . Unfortunately Bitcoin/dollar dipping this week released a lot of FUD on the market, with Bitcoin's volatility ruling the trend of most alts at this time. LTCBTC managed to keep its head high...
Bitcoin / US dollar 30 minute candles Good day to all my friends, I hope you are all doing well despite Bitcoin's "bearishness". Bitcoin's renewed volatility in the last week sure has been influencing alt trends to the max again. Most high market cap coins are once again mimicking Bitcoin's every move. As far as BTC / USD is concerned we're basically were we...
BTC/USD 30 minute candles on the left chart, 6 hour candles on the right chart. Yesterday Bitcoin broke down from the yellow lined flag it was trending in and it has been hitting my support targets ever since. The finish target for this bearish flag is around $6600. Yesterdays news that Google is joining Facebook with a ban on cryptocurrency ads seems to...
60 minute candles BTC USD. The Bearish flag appears to be breaking down at the time I'm writing this. Next big support test will most likely be around 8350 dollar, which is the last week's low and at the upper January / February descending channel line. If it fails to bounce from here and dip under 8350 dollar, for a considerate amount of time, a scenario where...
Bitcoin US dollar 60 minute candles BTCUSD has been following the path I drew in my analysis from three days ago. BTC managed to break out of the short term pennant / ascending yellow channel it has been trending in for the last couple of days. However I would not yet consider this break confirmed, until it manages to break 10,000 satoshi and push through the...
Litecoin Bitcoin LTCBTC 2 hour candles Unlike most other big market cap cryptocurrencies, Litecoin has been one of the very few to see bullish momentum in the last couple of days. Days that were heavily dominated by Bitcoin. By now articles are being written to cheer on Litecoin's percentage increase . Well, of course LTC went up: at some point it just had to...
NANO Bitcoin 30 minute candles (left chart) and 6 hour candles (right chart) Quick update on my NANO charts from last week. In the last two days NANO (unfortunately) reached both my downward targets : 115 and 100k satoshi. The Bitcoin dip probably accelerated the descend. However NANO bounced up bravely from 100 satoshi and has been bullish since. Right now...