


Today’s Chart- WANBTC – trading in a poll attempting to breakthrough local resistance Points to consider: - Below average volume - Volatility contraction - RSI bearish divergence - Failed breakout attempt WANBTC currently putting in a weak retest of local resistance after a recent failed breakout attempt Volume is clearly declining and remaining below...
ENJ BTC Points to consider: - Respecting the very bullish parabolic formation - Testing structural support - RSI above 50 - Below average volume - Price respecting and trading above 21 EMA ENJBTC retracing to test structural support after an impulse move to the upside Currently respecting the parabolic curve and trading 21 EMA both serving as very bullish...
REN/BTC Overall healthy uptrend with strong bull volume follow-through A recent strong push to 1.618 fib extension Currently retraced to .618 fib retracement in confluence with structural support Break out of counter-trend wave validates next target of 2.618 fib extension, also in confluence with structural resistance
What is up Traders! Hope you're all doing well where ever you are! Today’s Technical Analysis will focus on LINK/BTC looking to test structural support historically being the pivotal point with a probable break to the upside. Points to consider: - Bullish uptrend, Consecutive higher lows - MACD looking flat with some hidden bullish divergence - Trend and local...
What is up Traders, hope you all are doing well where ever you are!! In today's analysis, we will be covering the macro standpoint of ETH/UDS taking into consideration both the fundamental and technical indicators. From yesterday’s BTC analysis we have a good idea of the fundamental situation we’ve got on our hands so if you haven’t already, go check that out!...
What is up Traders, hope you all are doing well where ever you are!! In today's analysis, we will be covering the bigger picture, the market leader, the big girl- BTC cause big girls need love too! Before we go into detail, here are some points to consider: - The world is on lockdown due to the coronavirus/COVID-19 - Unlimited quantitative easing - BTC macro...
I spy with my little eyes Tether printing 1.5 B, yes BILLION USDT out of thin air. Not only are the central banks printing unlimited FIAT to keep the economy afloat, we too are seeing USDT just being minted out of thin air in the Crypto universe. Now supposedly this is backed by 1.5B in Fiat US dollars but after seeing how shady Tether has been in the past, I...
What is up Traders! Hope you're all doing well where ever you are! Today’s Technical Analysis will be on XTZ/BTC trading in a falling wedge, holding local support as it sits on the .618 retracement– historically being the pivotal point with a probable break to the upside. Points to consider: - Bullish uptrend, Consecutive higher lows - Local support holding -...