CryptoMichNL

CryptoMichNL Updated  May 18, 2018

Neblio! First time charting on Tradingview. A coin with some new partnerships coming up in the next week. But I’d like to discuss this one on the TA point of view. This is a chart with 6 hours candles. What do we see? Touched the 14K support zone after some retracement due to Bitcoin. Multiple timeframes: Bullish divergences on RSI, Stoch RSI, MACD, Histo and...

CryptoMichNL May 17, 2018

Then we have NEO against USD. Posting this chart mainly for showing how strong bearish divergences in essence are. At the end of 2018 we were making strong bearish divergences, making a significant drop. After that we’ve seen that it’s making strong bullish divergences and making a substantial upwards movement afterwards, as we tweeted about the falling wedge...

CryptoMichNL May 17, 2018

Small technical analysis on Ethereum/Dollar. What do we see? Well, we clearly see a bearish divergence on the daily. What we also see with that is hand in hand lower volume in the last top upwards. From that I’m drawing the fibonacci retracement levels. Checking the Ethereum/Bitcoin chart, we can see the clear same bearish divergences on the daily now. MACD,...

CryptoMichNL May 14, 2018

Hello all, This chart is only for following purposes. It's one of the scenario's. Checking the lines instead of the candles, we can see that it made a lower low with strong bullish divergences. On the other hand, we see a strong hidden bearish divergence indicating that we're dropping down. Hidden bearish divergence: price lower high, while indicators are...

CryptoMichNL May 10, 2018

Hello all, Again a Stratis chart. Updated from the last one. In the last one we’ve expected the run upwards to this zone and it happend. Congratulations on the move upwards! Don’t fall for the negative vibes around coins being at the bottom. Actually that’s a sign to start buying. Right now, what do we see: MACD negative cross. Retracement from $8.00+ to...

CryptoMichNL May 8, 2018

Bitcoin update, after the chart from 27th April. We’ve seen a nice movement upwards to $10.000 and a drop down after. Unfortunate, but we can’t ignore the indicators, can we? We did see bearish divergences earlier during the movements upwards. Now, it’s finished making the bearish divergences, as discussed. Scenario 1 from my earlier analysis happend. What do...

CryptoMichNL Updated  May 7, 2018

NEO, one of the favourites. Smaller text at the chart today, but that’s all fine. First of all, the NEO/USD chart is looking bright. BTC and all the other altcoins did break the downtrend, while NEO didn’t do that yet, which is great and given the current market sentiment, I’m expecting NEO to be breaking out hand in hand with the rest of the market. So, what...

CryptoMichNL Updated  Apr 29, 2018

There we are again. Bitcoin chart and I want to discuss a few scenario's with you guys! Charts coming 3-4 times a week from now on, kicking off with this one. Bullish market? Bearish market? The momentum is changing pretty fast on Twitter, which I fully understand. We all want the same. The only thing we have to take care off is our own emotions. In here you can...

CryptoMichNL Apr 19, 2018

WAVES, another favourite of me. Has somewhat the same pattern as Stratis and I do think that this one will go hand in hand with Stratis this year. Still, $5 is a fair cheap buy if you want to invest in this one for the coming years. Spike in December, which was all the way depending on Bitcoin, instead of Waves. Check the Waves/BTC chart for that. What do we...

CryptoMichNL Apr 7, 2018

Komodo, great coin with a great team and a great month ahead. Not a particular marketing wise great team, but what I've seen from them development wise, they have a bright future coming. For this I've the Komodo / BTC chart. Let's first discuss the Komodo / USD chart a bit. Conclusion: the same as Stratis. Retraced all the way back towards the support box...

CryptoMichNL Apr 6, 2018

Stratis, one of my favourites. Let's discuss that one a bit and let's discuss it on a bigger timeframe and on Strat / USD, as I'd rather stick to the USD value of a coin in long term investment perspectives. Stratis is currently $3.37. Would you expect that? No. But if we check the chart of the past year, then it's not really surprising that we've reached this...

CryptoMichNL Apr 3, 2018

TradingView chart. One of many, hopefully. Discussed this on the video already, but now we’re able to follow on TradingView as well. Clear bubble pattern with the emotional phases since December. If you compare this with the bubble pattern, then you’ll be able to see the same steps every time. Why there’s no such spike or bounce at the level we’ve seen during...

CryptoMichNL Mar 25, 2018

Alrighty, hello all. Been a while, but here's another post on this adorable site. Let's state first that I'm pretty bullish on Bitcoin and I'm pretty bearish on stock markets. The tweet that before 5 april the stock markets will fall + BTC will break downtrend + altcoin season is triggered is obviously still standing. What do we see? Well, we've seen the...

CryptoMichNL Mar 8, 2018

Ark Mid term analysis. Same as with the Bitcoin one, despite the fact that this one will be having a WXY Corrective Wave pattern (called the Double Three Pattern). It’s broken the downtrend end 2017 and clearly going like in this way. Expecting to reach the 30-31K zone, then an upmove towards 60K and some sideways before we’ll be moving into new upwards moves...

CryptoMichNL Mar 8, 2018

Bitcoin mid term analysis. As I do think that we’ve finished our ABC correction (check the overview chart on TradingView for that too), I do think we’re currently going into a WXYXZ sideways corrective combination. Why do I think that? Well, that’s simple. We can’t go in to impulse waves straight from the ABC correction. The same way that you’ve seen Wyckoff...

CryptoMichNL Mar 7, 2018

Alright, Tron Trading Idea. First Impulse Wave 12345 done back in January. Currently retracing and it will get to the accumulation phase in a bit. I'd suggest to leave the coin alone. Might jump in a few months, but there are plenty of opportunities to trade. The zone between 330-385 is kind of the area you'd like to buy if you want a long term trade, as this...

CryptoMichNL Mar 7, 2018

Edgeless Update Retraced all the way down to the big white support box you see on the bottom of the chart. Pretty plain and simple --> ATL (All Time Low) Zone and a clear buy for me, if you'd like to trade this one. Broke out of the downtrend on the RSI already, currently retracing a bit alongside this, which we've seen on the linear Stratis chart the past days...

CryptoMichNL Mar 7, 2018

Digibyte Mid Term Idea As I've posted an idea about this one earlier, I'd like to update this one. Sometimes you're right, sometimes you're wrong. Sometimes you'll need to analyze a little more and that's with this one. Updates since the earlier posted chart from 22 February: The retracement zone is getting close. If you want to make a long swing on this...