FenixCapital

FenixCapital Updated 

District0x (DNT) is showing signs of its retrace against btc slowing and switching directions. Volume has decreased pending a directional decision and will increase greatly once the move is decided. The price is currently indisputably supported by a long term trend line that has proved its strength repeatedly. Furthermore, coinciding with this trend line is the...

FenixCapital Updated 

Analysis provided on chart, please post any questions. This is lining up to be a nice Ichimoku Cloud trend (with the current strong bullish cross of the 4h cloud) so all buys on dips/retraces will be placed along the Tenkan and Kijun lines once this party gets started. Trend is your friend. Happy trading! Entry: $14200 (Downtrend line break) S.L: $12600...

FenixCapital Updated 

Bitcoin is in the territory of burning out the last of its fuel on this bull run. With the recent bearish Tenkan/Kijoun cross on the 4H, the slowing momentum on this recent bounce off the upper 0.5 (green) pitchfork line and the lack of strong overall bullish sentiment, price looks like it will return to the lower 0.5 (green) pitchfork line at the 0.618 fib/200...

FenixCapital Updated 

Tesla's share price has just double bottomed on both the 200 day EMA and MA, two very strong trend support/resistance zones. Coupled with the pending quarterly earnings report tomorrow (November 1st, 2017), I expect a bullish week ahead. This is a very low risk trade with a stop loss ~$3 below the entry, which is right below the 200 EMA/MA, and an initial target...

FenixCapital Updated 

First and foremost the bear trend formed from the recent ATH of $5000 to the low of $3000 has been broken out of. This is a strong indicator of the commencement of a new bull trend. The initial bullish rejection from the trend low and then consolidation leading to a breakout is of the exact nature of the beginning of the last bull trend taking place from July 16th...

FenixCapital Updated 

The past two bearish pullbacks (after making a new ATH) have bottomed on the weekly Kijun, and the last three bearish pullbacks have bottomed on the weekly 20 MA of the Bollinger Bands. Due to recent FUD: all chinese exchanges forced to close (www.yicaiglobal.com -> take this with a grain of salt, anonymous source), BTCChina announcing themselves that they have...

FenixCapital Updated 

This dump is evidently oversold, with RSI failing to make new lows and forming a bullish divergence with the initial FUD dump to ~4020. MACD is yet to recross but every time in the past it has come this low it has quickly retraced ~50-100% of the previous dump. StochRSI has recrossed in the oversold range and is now heading back up. Tenkan and Kijun are also...