CryptoTradeAcademy
Premium$BTT doesn't look to healthy at the moment. But if 8300 holds, we'll probably see a pull-back to at least 9100. Chance for a quick trade with good risk to reward. Bullish divergence spotted on the hourly on both RSI and MACD.
Waiting for volume and breakout of the bullish flag. Entry 3635. I'll also enter the retest of triangle breakout if we get there. I'm spreading out the targets all the way to 4800.
24 sat will probably stop the fall and we'll see a temporary reversal. But my main area of interest is around 19 sat. I'll watch the price action and indicators closely when we get there and adjust the strategy if needed.
Last two times when shorts touched the lower boundary of the channel, a significant price drop followed shortly.
When $WTC breaks out of falling wedge, it will at least test the upper boundary of the channel. It may go higher.
I think chances for bitcoin going down are higher than going up. I am always ready for both scenarios. But I don't want to go into new lows with bags full of shitcoins. Already closed most of my longs and opened some shorts. Ready to add more.
SPX looks like it is starting a multiple year Bear trend.
The last spike just bellow support that held for over 10 days, looks a lot like a stop run to me, just before the breakout. If it breaks 1610 sat, I will consider it a real thing. Also risk to reward is better than on most other breakouts I'm waiting for.
I'm not a big fan of Elliott Wave, but I see this scenario happening in the near future. Bearish divergence on Stochastic says otherwise, but I think Holo has some juice left.
* obvious pattern * clear entry * pay attention to RSI * hasn't pumped yet
* entry: 1176 sat * 1st target 1460 sat * 2nd target 1711 sat * runner
* great volume * clear support * entry upon breakout of the last pivot at 4010 (also 200MA on 4h chart)
If 60,000 sat doesn't stop $WAVES, then 52,000 sat probably will.
$MGO Looks like it could bounce. Decent volume spike and oversold levels on RSI.
Looks like it's getting ready for another leg up. Re-test of breakout at 260000 sat also possible. And of course there is always the possibility of full retrace.. $crypto
$3,400 is the place where a bounce is a must to prevent further carnage. There is confluence between the bounce area and the daily RSI. Aside from the mid-December drama, the RSI support line was respected throughout the 2018. It is possible that the same line will mark the new sideways support in 2019, thus probably meaning that the bottom is more or less in. In...
Decision-time for bitcoin is upon us. Either we see some sort of a bounce soon or we enter the double-bottom or even sub $3K terrain. Nothing is ever easy. With a bullish divergence forming according to MACD, it is quite possible that BTC will shoot upwards before entering the real demand zone (buy volume is still low). However, there is strong resistance...
*price is almost at the support that has been holding since May 2017 *great R/R *SL that also opens short *target $0.4