XRPBTC gave a green 2 on the hourly chart according to Tom Demark count. This is a clear buy signal. Bollinger Bands is narrow on the hourly chart and the Stoch RSI is low on both hourly and daily chart. I expect an imminent breakout. Resistance is at 9865 (fib. 0.5) and 10108 (fib 0.618) Here is my trading idea: Long at: 9161 Take profit1: 9865 Take profit2:...
BTC gave a green 2 on the weekly chart according to Tom Demark count. This is a long term bull trend signal and means we can have up to 7 weeks of uptrend. Stoch RSI is oversold on the weekly chart which also confirms the possible uptrend. On the daily chart we are currently on green 3. This means we can have up to 6 more days of uptrend. We are above MA50 and...
NEO gave a green 2 according to Tom Demark count on the weekly chart. This is a clear long signal for a long term trade. We can have up to 7 weeks of uptrend according to Tom Demark. Stoch RSI is oversold which also confirms the possible bull trend. On the daily chart it is green 4 with a overbought Stoch RSI. This means short term retracements are possible. I...
TRXBTC gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. Stoch RSI is below middle area and has plenty of room to go upwards. Here is my trading idea: Long at: 0.00000525 Take profit1: 0.00000626 Take profit2: 0.00000737 Stop Loss: 0.00000499
BTC had a major pump this week and price has reached 8428. This can be the end of bear trend. On weekly chart Tom Demark count gave a green 1 after long weeks of bear trend. Last weekly green 1 we had was back in February. But because of bad news we could not get a green 2 and price has declined. Last succesful green 2 we had on a weekly basis was at October 2017....
LTCBTC gave a gren 2 on both daily and 4H charts according to Tom Demark count. This is a clear buy signal. Stoch RSI has still room to go on both daily and 4H charts. I expect the price go up till 0.017350 (fibonacci 0.5). If it breaks we can reach 0.01775 (fibonacci 0.618) Here is my trading idea: Long at: 0.0170 Take profit-1: 0.0173 Take profit-2:...
IOTA had a Death Cross formation on the daily chart. Death Cross is an important bearish signal generated when the 50-day moving average crosses below the 200-day moving average. Stoch RSI is over-bought on the daily chart which also confirms the possible bear run. I expect the price to drop till 1.2148 (fib. 0.618) Here is my trading idea: Short at: 1.31 Take...
A clear cup and handle formation is formed on the BTC chart. The projected advance after breakout can be estimated by measuring the distance from the right peak of the cup to the bottom of the cup. This brings us to 17224 level - which is also a huge resistance. Tom Demark count is currently green 8 on the daily chart. Which means we can have 1 more day of bull...
ETC gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. There was a huge resistance at 0.0036 and now it is broken. Stoch RSI is oversold which is a bullish signal. ETC will have a hard fork at 5.3.2018 which might increase the demand. I expect the price to increase till we hit 0.0047 (fibonacci 0.5) Here is my trading...
ETC gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. There was a huge resistance at 0.0036 and now it is broken. Stoch RSI is oversold which is a bullish signal. ETC will have a hard fork at 5.3.2018 which might increase the demand. I expect the price to increase till we hit 0.0047 (fibonacci 0.5) Here is my trading...
Tom Demark count gave a green 2 on the daily chart. This is a clear buy signal. Stoch RSI is not overbought yet and has room to go. I expect the price to go up till we reach 11600 (fib 0.5) Here is my trading idea: Long at: 8900 Take profit at: 11400 Stop Loss: 8100
Tom Demark count is currently red 5 on the daily chart. This means we can have 4 more days of bear trend. On the weekly chart we are at red 5, which means we can have up to 4 more weeks of down trend. Volume is low and there is too much panic in the market. I expect bear trend to continue till we hit 6K range. There was a huge support at 8200 area but today we...
Bullish pennant is clearly seen on the daily chart. Bollinger Bands are extremely narrow, we expect huge movements when they are narrow like this. Stoch RSI is oversold, MACD is low and sell momentum is decreased. These are all bullish signs and I expect the price to increase till we hit the first resistance line at 0.0194. If 0.0194 breaks we will easily reach...
Tom Demark count gave a green 2 on the daily chart which is a clear buy signal. I expect the bull run to continue for up to 7 more days. Bollinger Bands is wide and Stoch RSI is not oversold so I do no expect a huge increase. We might touch the resistance at 1349 and pull back. Here is my trading idea: Long at: 1331 Take profit at: 1348 Stop loss: 1310
Tom Demark count gave a green 2 on the 4H chart. This is a clear buy signal. I expect the price to continue to rise up to 28 hours. Volume is low and MACD is on the middle. For that reason I do not forecast a new ATH on this bull run. Here is my trading idea: Long at: 14042 Take profit at: 16000 Stop loss: 12000
IOTA gave a green 2 on the 1H chart on Tom Demark count. This is a clear buy signal. This rise happened because of Robert Bosch Venture Capital news: www.huffingtonpost.com First resistance: 4.9 Second resistance: 5.5 I expect the first resistance will be broken easily. If we reach 5.5 area we will get a new all time high because double tops near all time...
Tom Demark count gave a red 9 on the hourly chart, this is a trend reversal signal. Stoch RSI is oversold on both 1H and 4H charts. I expect up to 4 hours of sideways then uptrend will start. Here is my short term trading idea: Long at: 17830 Take profit at: 19000 Stop loss: 17400 If 19000 breaks I expect a new ATH.
We are currently at red 7 according to Tom Demark count on the 4H chart. This means we can have up to 8 more hours of bear trend. I expect the price to go upwards after that. Stoch RSI is oversold which confirms my idea. There is a huge support at 3.58 area. If price touches that area it will bounce from there. Resistance areas are: 5.12 and 5.6 Here is my...