ETHUSD has found support around the $515 range with 3 bounces from that range. Since Ethereum is looking really weak on larger time frames, I think we will see a break of this level followed by another move down. I take short positions on bitmex and will be looking to enter a position if this support breaks. BTC pairings are almost entirely dictated by USD...
Hey guys I have a couple of charts that are looking bullish today that I want to post. To get it started we are taking a look at OMGBTC. Clear bullflag on the 4hour time frame here. We tested a breakout last night with no follow thru but its looking like we may breakout today. Short term target is in the green box near the 0.618 FIB zone. I have been an early...
Looking back on my last SYS chart, I said that I would be bearish unless the 4H closed above approx 0.00004900. AS you can see indicated by the RED arrow, we closed just above this. Closing above here broke the common downtrend seen thought sys in the past weeks and months and we broke out. We may still have some momentum to get past the falling wedge and if we do...
If you're looking to play it safe then you can wait for the falling wedge to confirm bullish over the 3d chart, id get in now tho. Plenty of upside potential however i see possible heavy resistance at the 618 fib. Saw something similar to this chart on twitter this is my take in it. ALSO I see some resistance at the 618 FIB? Might get bumpy there we shall see....
WAVESBTC is breaking out on multiple time frames. In this chart I am looking at the 30 minute for a quicker understanding of what the market is doing. As of right now we broke out of the bullflag but seem to be loosing some momentum. With that being said I can still see potential in swing trading because its looking like we may come down and check support. Short...
Okay so I have a friend who put sys on my radar, lots of good news coming out about this in the coming days and weeks so the down trend that we are in right now could switch. This is purely TA and not much FA but keep in mind they do have some announcements coming out soon. However looking at a short term time frame we are rallying a bit, possibly because BTC...
This is the weekly timeframe so you still have time to get in on this trade. Expecting a roughly 45% gain in the short term looking to get resistance at the 0.5 fib range as it also has falling wedge resistance to work against. However looking at the entire chart we can see this possibly 3x here if we push through the falling wedge. This is a more long term hodl...
This is for me to look back on. 2-3x over the next couple of weeks id say tho. Offical entry @00044912 Also this is really rough and also not entirely my idea. I remember seeing it posted on twitter maybe two days ago and I just charted this from memory. ps i have bad memory. ARK looks good tho just need some volume to come pick it up. will update thanks let me...