CryptoSpaceMy

CryptoSpaceMy

Based on BTC daily timeframe chart, BTC is following its downtrend channel and now it is holding strong at its $43k support. If BTC hold its support at this level, we could see a reversal back to $48k and to test the resistance and try to break it. RSI indicates that it is currently a little oversold so a reversal will likely to happen.

CryptoSpaceMy

Bollinger band indicating an explosive movement is going to happen in XRP soon. It is likely that XRP will move to the upside as the MACD signal line is turning to the upside and both line will cross forming a bullish cross in the MACD. A breakout from this wedge will gives us a price target of $2.71 and the FOMO will bring the price back to ATH.

CryptoSpaceMy

A possible 10% long trade opportunities with a risk/reward ratio of 1.35. Exit if the bottom support break. Trade at your own risk!

CryptoSpaceMy

BTC had broke out of its downtrend resistance and currently sitting at around $49k or 0.236 fib level based on recent swing high and swing low. If BTC managed to break pass 0.236 fib level, we can see BTC touching $51k in the short term. MACD is building upward momentum and this indicates an upward movement.

CryptoSpaceMy

Based on the monthly timeframe with the aid of Bollinger Band, BTC had been very overextended. A healthy price rally should be staying IN the Bollinger Band region where it gives a steady growth. By comparing the price movement fractals from 2017, we are also over extended out of the Bollinger Band region and the next move is a hard correction! RSI is also...

CryptoSpaceMy

BTC in the daily timeframe is facing rejection at around $51k bringing the price back down to $49K. This show a sign of weakness in BTC as the market is in fear. We are holding strong at around $48k and we might consolidate at around $48k to $51k. We may see BTC to touch the support of the downtrend resistance at $43k in the short term to test its previous...

CryptoSpaceMy

XLM has been losing its value since two years ago and not making any big move. What we can see now is XLM has broke pass its first resistance to the upside after 3 failed attempt. XLM will probably reach the red resistance just to complete its U pattern. This upward surge gives a conservative 100% gains in BTC value. **This is just solely relying to TA and by...

CryptoSpaceMy

VeChain has broke out of its falling wedge to the upside and bouncing on the resistance turned support, it will probably reach a price target of $0.2. MACD signal lines indicates an uptrend movement as bullish cross will be unfolding if BTC don't dump.

CryptoSpaceMy

XRP is holding strong above $1.2 during the BTC dump but had been facing rejection at .618 fib level resistance at $1.36. In order for XRP to have a surge in price, it has to clear .618 resistance first. If XRP clear .618 fib level resistance, XRP will recover its price of $1.51. MACD signal line is currently turning upwards and probably will form a bullish cross...

CryptoSpaceMy

BTC is holding its February 2021 resistance turn support successfully twice at around $46k and volume is building up. BTC had formed a falling wedge and currently broke out of it. BTC in the short term may surge to $53k. We can see that buyer pressure is strong at $46k so we may not pullback to a lower level. MACD indicates that BTC is doing a reversal currently...

CryptoSpaceMy

Created with a platform to use ONE token to purchase NFT, beautiful website design and many more upside due to its low market cap($1M+-)! It had done an impressive 192x gains since March 2020 from $0.0019 to $0.22 rally. I expect a last pullback at around .382 and .236 fib level based on Elliott Wave Theory and that will be a good buy region. Conservative price...

CryptoSpaceMy

We had a BTC price dump awhile ago and XRP bounce away from .5 fib level strongly and now is testing .618 fib level. In terms of trend, XRP is printing a lower high and lower low which indicates that it is still in a downtrend. If XRP managed to break its downtrend resistance then it will surge up to .786 fib level($1.64). MACD in the 4 hourly timeframe indicates...

CryptoSpaceMy

Theta has test its .5 fib level and it shows that it has successfully bounce away from it. But Theta may test its .382 fib level based on Elliott Wave Theory to complete its correction wave for a price continuation. I would put a buy order right below the wick of the previous low after the all time high. Based on the MACD indicator, it further validate the...

CryptoSpaceMy

BTC is now holding its position above .618 fib level after touching it and forming a large wick which shows that large buying pressure is present at the price point. But BTC may be going lower to test .5 fib or at least consolidate at the moment as we saw that the MACD indicator has just started to print its downward momentum. I would sit on the sideline and...

CryptoSpaceMy

I have been giving signal to my followers saying that BTC will pullback to $47k based on the chart pattern but there are a lot of ignorant saying that this time is different. Based on my trading experience, there are a few golden rules to be follow: 1. Do not bring your emotions into your trading strategy. 2. Do not rely on theories and fundamentals too much,...

CryptoSpaceMy Updated 

We will revisit 47k+- if the top still don't break. Bearish cross just started on the MACD indicator! By looking at the chart I am starting to take all of my profits and wait for the dip to BUY THE DIP! Not financial advice.

CryptoSpaceMy Updated 

BTC has retested its previous resistance and turning it into support. Currently BTC is sitting at .618 fib level which is a very strong support level. We should see BTC march on to $61k.

CryptoSpaceMy Updated 

If BTC could not hold its support at $55k, it will start to find support at any one of the previous support and bounce.