ETH / USD TA Main support zone is at $90 with main resistance point at $314 for long term traders. Short term support is at $120 with main resistance point at $192 for medium term traders. Current position is a small LONG with no SL - adding more on track down.
XRP / USD TA Here we are looking at Symmetrical Triangle Chart Pattern which are usually bullish when seen in a general upward trend which is what we hav here. Usually you can expect a measured move towards the upside in a 2 wave sequence. Bearish outlook is also in if we break through this pattern and support we will most likely drop towards 12 - 14 cent...
BTC / USD TA We are looking at potential $9,000 - $9,500 as our target if we see convincing break above $7,800. If we do not see breakout and resistance remains we will be looking at quick SHORT target of around $6,500 which is still on the table. Current position is still LONG since $6,900 with visual stop loss around $7,290
ENJ / USD TA Here we are looking at a bull flag that got trapped in sideways channel. Is this a BUY or SELL? Short term entry here is higher risk VS if we wait for it to clear local resistance. In long term it's a BUY as seen from chart below. We see it bottomed out and bounced off long term established support.
ALTS MARKET From looking at the TA we see that we are near support of 50 Billion and are tracking near it. According to MACD, RSI and other indicators, we should be seeing a bounce shortly. Extent of that upcoming bounce is unknown.
XLM / USD TA Quick overview of XLM shows us the next closest strong support is only around 20 cents with current position being in free fall. That does not mean that we do not bounce from one of the weaker short term support zone in coming month, however strictly TA speaking overall pattern is highly bearish in this case. With that said we would not exit our...
BTC / USD TA You can believe whatever you like but you cannot deny long term that Bitcoin is still following bullish trajectory. With we drop below 5k before continuation or is this it? Question that can't be answered with 100% confidence. Short term it is following bullish fractal and if it is validated we should see break above $7,700 later next week or just...
XRP / BTC TA
BITCOIN / USD TA Bitcoin is still moving in downward trend with strong resistance upcoming this and next week. If we do not break through it we will see projections close to $5,000 around December to Q1 of 2020 for Bitcoin before we see upward momentum catching up in mid February 2020
BTC / USD TA Very simple zoomed out TA here - we are just looking at MA's which do signal for more downtrend to come for Bitcoin unless we see breakout above $8,000 with strong follow through. Even if those levels are reached, we are not in the clear until we see it being maintained for a least few days. At this time no safe trades are available.
WAVES / USD Would I enter this trade? No for few reasons 1. being that there are much better crypto currencies that you could be investing in 2. risk is just not worth it Will Waves rise over $2? It is possible given prior extreme volatility we've observed, however it's risky for you to be looking for a fresh entry here. Downward channel is very strong and...
ADA / USD Fractals indicate for decision point to come shortly Consider waiting until resistance break for entry
XLM / USD
BTC / USD TA Short term outlook is neutral with likely target area of $9,000 if we manage to break through $8k resistance. If you're looking to LONG this in short term, WAIT. If you're a long term holder, this is just another great entry point with a small position size.
XRP / USD TA We have a bearish pattern unraveling here with possible downtrend of massive proportion occurring any time from now going into March of 2020. Be careful in this zone as high volatility is likely to occur here. Fractals are also showing us that the worst is still to come later in December or earlier first quarter. What we're looking at here is a...
XRP / BTC TA Here we are looking at XRP vs BTC pair with possible bull and bear targets depending on how XRP reacts to upcoming resistance zone in a form of a trend line which before acted as a 24+ month support.
GOLD / USD TA We have been tracking GOLD down this descending channel for quite a while now. Automatically you would turn bearish on it due to no convincing close and rejection above resistance which means that if you're a bear, you would start targeting 1250 zones for possible re-entry. Nevertheless, if you take a 'fractal' approach here, we will see that back...
XVG / USD TA What happened to Verge? Will it ever rise again or did we call it quits on trading it? From looking at this long term 5D TA we see that we are currently following a massive downward channel which actually produced a bear flag already and we are on the second wave down. Strictly looking at historical movement and this one pattern we are working with,...