No elaborate ichimoku setup with volume and an oscillator. BTC has been in a descending pattern for the last 6 or 7 months. 6K support has been tested numerous and held (you know what they say about thats tested numerous times). Currently BTC has been on the upswing and is facing some resistance at about $7500 or so. I don't see any reason why that would be...
Not much to see other than the Hidden bearish divergence on the 1D. The future kumo is bearish, a bullish fractal hasn't been broken and price is heading back into the cloud. I'm staying away. Not that I would buy this "privacy" coin anyway (I'm a monero maximalist. A true privacy coin).
Good day good people. Seems like the bear market has weighed down all projects, good, bad and shitcoins. XMR on the 1D has revealed a hidden bearish divergence which suggest there's more retracing that has to be done from the all lime high of this privacy coin. Not much to see otherwise all coins are down for the year. Alot of traders believe the bear market...
BLZ was one of the more hyped ICOs of late 2017-18. ICO price was 2.3K sats and it had a nice run up to 10K sats once listed on Binance. But the downturn in the market has been unkind to BLZ as it has plummeted basically to ICO price. Presently the price sits at ICO price and there is no support for this coin (it's possible this coin hits 0), and the bear...
ZRX is a project that, fundamentally I'm supper bullish on, has built in connections in place (ie Coinbase), and is going to be an integral part of the web 3.0 in the future (DEX, not just Crypto IMO). On this HTF (1D) the outlook is still bearish (Kijun over Tenkan bearish TK cross 7/27), volume still low from early 2018 and RSI hasn't yet given a clear...
$ETH has been in a precipitous drop (like most altcoins) since early May. $ETH price has been hammered with no clear indication of a trend reversal. Price is presently under the the kumo, tenkan and kijun. Chickou is lagging as well. Future cloud is bearish and the only responsible thing to do is short it (Thanks BitMex). With scalable platforms launching their...
$ICX has been on steady downtrend since early May which was confirmed by a TK cross and price has continued to trade under the Kijun Sen (think of the Kijun as your slow MA), with an occassion bounce to the Teken Sen (fast MA). For the last month on the 1D, price has been ranging from about 1.28-1.78 (+/- a few pennies, a wick here or there). Presently the chart...
Seems like there has been accumulation with XMR for the last 6 weeks. resistance at a shade under $150 has been approached, but not violated. the 1D chart shows XMR maybe ready to break out (trading above the cloud, Tenkan and Kijun) chikou needs a little more time for confirmation. Volume has been flat and RSI has been climbing but I need more info. A break...
Inverse H&S forming on the daily. Price bounced off the Kijun, Now heading in the cloud. Time to head to Bitmex....