Bitcoin is having a dramatic month in terms of price action. After a mammoth rise from 7350 to 10500$, and after staying in a bull flag for almost two weeks, bitcoin finally broke down from major support this week and tested the bottom of the downtrend channel at 6730$. During these last two major moves: Bitcoin pulled off completely opposite to community...
Gold is currently facing selling pressure on the Daily and Weekly timeframe. XAUUSD had lost 21MA and 50MA support on daily. There is death cross formation on the daily timeframe - (21MA crossover below 50MA). MACD is currently bearish, indicating - bearish continuation. Support levels: 1437$,1452$ Resistance levels: 1500$,1511$ Trade Signal: SHORT Entries:...
Pattern: Bull Flag formation on daily timeframe. Moving averages: Trading above 50,100MA on daily timeframe. Other indicators: MACD is bullish. Trade Signal: Entries: 1.108-1.111 Exit: 1.121-1.125 stop: 1.106
Here I am comparing the Historical Bitcoin chart before halving to predict upcoming price action. In Nov'15, Bitcoin price pumped high similar to the recent 42% move of bitcoin. Bitcoin found support above 7MA on a weekly timeframe and stayed above this MA till Halving in July'16. We have got the pump similar to Nov'15, Now I am expecting to hold 7MA as support...
EURJPY is moving in an uptrend channel on the daily timeframe. Price trading above 50,100MA on daily- which is a sign of bullish continuation. MACD is bullish on a daily time frame as well. Trade Signal: Entry: 119-120$ Exit: 121-122$ STOP: 118$
AUDUSD is trading above 50,100MA on the daily timeframe, and currently facing resistance at 0.68831, which I think will be broken out in a few days. Expecting Price to retest support at 100DMA before bullish continuation. Trade signal: Entries: 0.681 - 0.685 Exit: 0.69 - 0.693 STOP: 0.679
Bitcoin recorded over 44% gain in the last 24 hours, and with this pump, the macro trend has turned in bullish. Bitcoin Fib Levels: Bitcoin price bounced from 0.382 Level around 7298$ and rejected above 0.618 Level. Bitcoin Next FIB Level support is at 0.5 FIB Level: which is at around 8570$. I would like to see bitcoin above 8500$ area for further bullish...
BTCUSD recorded 17% Gain today after price bounced from falling wedge support formed on Daily and 3D Chart. Falling wedge resistance is at 8700-8800$ Level, Bitcoin needs to break above 8800$ and build support above this level for a bullish trend change. As long price stays below 8800$, there could be a possibility of another leg down to 6800-7200$ before major...
Bitcoin did a massive rally from 3200$ to 13500$ in anticipation of BAKKT Trading Launch. Bakkt trading has launched last month, and Bitcoin also broke down from the descending triangle formed on Daily Timeframe. After 2/3 Months of sideways movement, bitcoin broke down from 9400$ and HIT recent swing low at 7730$ Last Month. What to expect from Bitcoin in this...
ETHUSD is trading inside a falling wedge, the price can break out from the wedge. Trade Signal: ETHUSD Entries: 170.5-173.5$ Exit: 182.5-184.5$ STOP: 168.5$ Join our discord community for free trade signals and technical analysis. Follow our website to follow cryptocurrency industry news and articles.
ADABTC is moving inside a falling wedge which is a typical bullish pattern. ADABTC could attempt to breakout soon. Bullish as long price stays above 0.00000470 BTC Trade Signal: Entries: 0.00000450-475 BTC Exit: 0.00000525-550 BTC STOP: 0.00000435 BTC Join our discord community for free trade signals and technical analysis: Follow our website to follow...
Pattern: - Falling wedge breakout on the daily chart. Moving averages: - Found support above 21MA, 50MA is the next resistance. Other indicators: - MACD turned bullish on Daily timeframe. Trade Signal: Entries: 1.101-1.103 Exit: 1.105-1.108 STOP: 1.0
Pattern: - Ascending Triangle formation on 4H and Daily Timeframe. Moving Averages: -Holding support above 50MA on Daily. Other Indicators: MACD is looking bullish on the daily timeframe. S/R Levels: Support: 0.00000153 BTC, 0.00000166 BTC Resistance: 0.00000183 BTC, 0.00000193 BTC, 0.000216 BTC Trade Signal: Entries: 0.00000164-172 BTC Exit:...
Pattern: - Bullish consolidation inside a symmetric triangle. Moving Averages: -Holding support above 50MA. Other Indicators: MACD indicates bullish consolidation. S/R Levels: Support: 0.001858 BTC , 0.001872 BTC Resistance: 0.00196 BTC, 0.00207 BTC Trade Signal: Entries: 0.00185-19 BTC Exit: 0.002-21 BTC STOP: 0.0018 BTC
Pattern: - Price is moving inside an ascending triangle on the daily time frame. Moving Averages: - Price is holding support at 50MA support on 1D chart. Other indicators: -MACD has turned bullish on 1D chart. Trade Signal: Entries: 0.0068-7 BTC Exit: 0.0076-79 BTC STOP: 0.0066 BTC Timeframe: 1-2 weeks
4H Chart: - Price is moving inside a rising channel. - Price is holding support at 50MA - MACD is looking bullish 3D Chart: The last two 3D Closes have been bullish and indicating a bullish reversal pattern. Looking at 3D and 4H Timeframe - We can conclude ETHUSD is looking bullish right now and can breach above 190$ sooner than we think. Trade...
There are two fundamental catalysts that worked in favor of Bitcoin bulls during the recent parabolic rise from 3200$ to 13900$. First is BAKKT Trading Launch and the Second was the Facebook Libra Project announcement. The bitcoin price rose above 50% after the BAKKT launch announcement came out in May'19. A month later on 18th June Facebook also introduced...
EOS/BTC is looking bullish on the 4H Timeframe, along with other major altcoins. EOS/BTC is trading inside an Ascending Triangle on 4H Timeframe - which is bullish in nature. Breakout is most Likely. Trade Signal: Direction: LONG Entries- 0.000034-36 BTC Exit- 0.00004-42 BTC STOP: 0.000032 BTC Timeframe: 2-5 Days