CryptoMAt200

CryptoMAt200

Big Market Update! Just woke up and first thing i saw was that marveleous 10% pump on Xrp, but this post is not about that. I suggest to be extremely careful for the next couple of days, why? After the big drop in the market on December 16 - 17 many big caps lost their previous support, these support we're key for a start in a reversal and never got...

CryptoMAt200 Updated 

After the 400$ pump we saw alot of zig-zag, questions is what's the next move? I posted the first play in my group, but though i could post the second play in here too, after breaking 7 335 earlier today we manage to take tp at 7 480. Now what's next? From here i expect a little retracement around the 7 380 area, from there we should see upside once again....

CryptoMAt200

Xrp/Usd Update After a -44% downtrend it looks like Xrp manage to get some ground and now broke the triangle. From here we should start seeing a relief rally, i expect around 26% to re-test 0.24 that was a big support. Rsi is back up, Macd is now flying so let's get that pump! Here's my idea: Portfolio Risk: 5% Leverage: 10x - 25x Long: 0.187 - 0.191 Sl:...

CryptoMAt200

Xbt/Usd Mid-Term - Downtrend Triangle Breakout Here's maybe a little dose of hype for you guys! (Pls let me know your predictions in the chat!) So looking right now at both Xbt and Eth we can see Major Breakouts are starting to appear around the timeframe. :rocket: (And Xrp looks ready too) So what does it mean? Well it means a couple of things: 1. A...

CryptoMAt200

Bitcoin has been in a Dowtrend Channel for over 7 months now, retracing about 53% from the local top at 13 800$. Indicators are starting to show some bullish flip, support and oversold data. Is there a possibility of a breakout soon? 1. The Downtrend channel After officialy retracing about 53% from the last top, we got rejected pretty hard at the bottom of...

CryptoMAt200

Ftm broke out from a ''Cup and Handle'' shape, looks like a bullish phase could take on from here. 1. Cup and Handle - '' A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities. '' - We manage to break the upper trend line after over 10+ previous test on it. 2. Indicators - We are still above the...

CryptoMAt200

The price is going down so why is this good? After a big breakout yesterday (6%) we manage to almost fully retrace, we got a re-test on top of the triangle and it looks like it got rejected. 1. Pump to 140.9$ After the breakdown of the 140 - 142 level we never got a re-test, i expect that re-test to be our next move before further downside. 2. Rejection...

CryptoMAt200

Rejected at 7 400 - 7 500 is Bitcoin really Bullish still? My anwser is yes, and here's why: 1. Broke a 3 month Downtrend Triangle Breaking out of this triangle means that we have a reversal, a reversal is a change in the price direction of an asset. In other words when the price action broke out of the triangle it was meaning that a change in a trend was...

CryptoMAt200 Updated 

Like my previous analysis on Xrp, Eth looks like it could go for a last scalp-long before capitulation.. 1. The Scalp idea: We should see a breakout from the triangle around 131$, from there i expect a re-test of 140 too confirm the resistance and alot more downside! Here's my play: Portfolio Risk: 5%, Leverage: x10 - x25 Long after breakout: 130.5$ Sl:...

CryptoMAt200

Looks like Xrp wants to make new lows again.. But before it looks like we have a long-scalp opportunity! We broke the important Support of 0.21 cents in mid-december, this means that the support became a resistance on the breakdown. But in order to confirm that 0.21 is indeed a resistance we must test it first and looking at the market a test is the...

CryptoMAt200

Bitcoin managed to break an almost 3 month downtrend triangle.. What can we do with that? Most are saying that everything right now is ''Big Manipulation'' or Bulls trying their last push.. But in reality we are really bullish at the current moment let's me explain why: On 4h: - Above MA200; - Macd flipped Bullish and is over 0; -...

CryptoMAt200

Looks like Bitcoin is getting ready for that last and final drop, loosing this support would bring us pretty quickly too 6 000! Currently i see two possibilities, my play will depend on which breaks first: The Bull scenario: - The next 3d candle close today, 6 968 is a major Support so we need to get back over it before the close. If so, we can expect a...