Tom Demark count gave a red 2 on the 4H chart which is a clear sell signal. I expect the price to fall down till 12667 support zone. I think 12667 will hold. If 12667 breaks next support is at: 11842. I never short BTC, I look good positions for long re-entry. Here is my idea for shorters: Short at: 14500 Take profit at: 13000 Stop loss: 15900
Tom Demark count gave a red 2 on the daily chart. This is a clear sell signal. Moving average convergence divergence also confirms this. I expect LTC bear trend to continue up to 6 more days till we reach red 9. Scenario1: Price will drop till 86.692 (fib 0.382) and bounce from there. Scenario2: Price will drop till 80.566 (fib 0.5) and bounce from...
With the world's fast-growing adoption of Internet-enabled everyday products, the business-to-business market for the "Internet of Things" (IoT) is exploding. Analysts forecast that B2B spending on IoT technologies and solutions will reach $267 billion by 2020 -- and as more devices create a near-endless stream of data, the market for data-driven insights is being...
IOTA gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. I expect the bull trend to continue for at least 7 more days. We are at green 5 on the weekly chart which means we can have 4 more weeks of uptrend. Support level-1: 1.96 (Fib 0.5) Support level-2: 1.45 According to Boston Consulting Group market analysis, Internet...
Tom Demark count gave a green 9 on both daily and weekly charts. This is a clear trend reversal signal. I expect 2-3 days sideways then the bear trend will start. There is a huge support at 9997 (Fibonacci 0.5). I expect that area will hold. If it does not hold, next major support is at: 8000. I do not think we will touch below 9997 because of the mass media...
Tom Demark count gave a green 2 on daily chart. This is a clear buy signal for IOTA. Stoch RSI is oversold, this also confirms the breakout. There was a huge resistance at 1.04 area. This resistance is broken which also confirms bull trend. On previous breakout we had 0.60 USD increase. I expect a new ATH within 7 days. Here is my trading advice: Long at:...
Tom Demark count gave a green 2 on the daily chart. This is a clear buy signal. On weekly chart we are at green 9. Which means this is the last week of uptrend. I expect the bull trend will continue for up to 7 more days till we reach 10K. At 10K we will have a mediocre correction. 10K is the psychological level and many people will take profit at that...
Currently we have a red 8 on Tom Demark count on 4H chart. This means that down trend will be over in 4 hours. On weekly chart we are at green 8, which means there will be 1 more week of uptrend before possible bear trend starts. On 4H Chart, Stoch RSI is oversold which is a clear buy signal. Also we have hit the lower Bollinger Band area, which is a clear buy...
Tom Demark count gave a red 2 on the daily chart. This is a clear bearish signal. Price will drop up to 7 more days. Price might drop till Fibonacci 0.618 - 0.58420 USD before recovery. Here is my trading idea: Short at: 0.77 Take profit: 0.60 Stop loss: 0.95
Tom Demark count gave a green 2 on the daily chart. This is a clear buy signal. We will have 7 more days of uptrend which can bring the price to 1348 or higher. Trading idea: Long at: 1293 Take profit: 1348 Stop loss: 1255
BTC could not break out in the bull trend and bearish trend has started. Tom Demark count is currently red 5 on the hourly chart. Which means we will have up to 4 more hours of bearish trend. Scenario 1: Price will drop till 7475 support level and bounce from there. Scenario 2: 7475 will not hold and price will drop till Fibonacci 0.5 6945 Here are two trading...
Tom Demark count gave a green 2 on the daily chart. This is a clear buy signal. I expect up to 7 days of bull run. Here is my trading idea: Long at: 121 Take profit at: 148 Stop loss: 110
Tom Demark count gave a clear green 2 on a daily chart. This means bear trend is over and bull run has started. According to Tom Demark count we will have 7 more days of uptrend. Oversold Stoch RSI and Fibonacci confirms this. I expect 2 scenarios in coming 7 days: Scenario:1 Price will go up till 7500 resistance level. Scenario: 2 7500 resistance level...
As you know, I do not short Bitcoin often. I wait for an opportunity for a re-entry and always make long positions. According to my analysis, bull trend is over and price will drop. You can either short BTC, or wait for a re-entry position for long. Tom Demark count gave a green 9 on the daily chart. This means bull trend is over. I expect up to 9 days of down...
Tom Demark count gave a green 2 on the daily chart. This means we can have up to 7 more days of bullish trend. Stoch RSI is oversold, this also confirms the upcoming bull trend. Wall Street's interest over Bitcoin is rising. There are now more than 120 hedge funds focused solely on bitcoin. I expect a new ATH within 7 days.
Tom Demark count gave a green 2 on the monthly chart. This is a clear buy signal. This happens very rare on a monthly level. Green 2 on a monthly chart means we will have up to 7 months of uptrend. Weekly and daily charts confirms this as well. Previous ATH was 3.94320, I expect this will be broken soon, as double tops near ATH are unicorns. In the upcoming...
Tom Demark count gave a green 2 on a daily chart. If today closes over 4480, it will be a clear buy signal and we will have up to 7 more days of bull trend. This means ATH is possible sometime next week. Enter: 4480 Take profit: >5000 Stop loss: 4100
Clear bull flag has formed on 1H chart. This is a clear uptrend signal. Uptrend will continue.