Hey guys Matic has been in this downward channel for a while now, and breaking under it would allow the coin to push down to the next Moving Average, a level which has provided as support many times for the coin. This could lead to an explosive outbreak as seen a few weeks ago.
REN has had a lot of attention recently being one of the cryptocurrencies that seems to be moving on its own, instead of moving along with other alts or Bitcoin. This to some may show that the coin has a fundamental value and is not just another alt being pushed along. Currently there seems to be a very good opportunity to purchase some REN as it is bouncing along...
Hey guys just a little pattern, mind the green line is also support which would be at the region of 7k which proved as Resistance for some time in the 20k bitcoin correction, and later came to be a resistance line that bitcoin then bounced to 3k from.
The idea that BTC is going to fly up is being pushed up by nearly the whole community currently, and although there are many indicators such as the fact that we have broken out of the 3 different SMA's, and volume is finally returning to BTC along with many fundamental breakthroughs among cryptocurrencies, I would also like to point out that there is some things...
Once again BTC is testing the resistance from the falling wedge that BTC has failed two break twice already. I believe BTC has the potential to break this, but it will be more probable for BTC to take a dip once again as RSI still has not fallen bellow 40 on the weekly, and I believe with the crazy run up BTC had it would only make sense for us to dip into the low...
Hey guys so this is an update to the TA I posted a couple of days ago. Yesterday's fall brought me to believe that we are potentially going to break this 7100 area level. Now what has happened in BTC a lot of time are fake breaks. BTC will begin to plummet, but then randomly get a burst of volume on its fall and spike up leaving all the bulls in shorts thinking...
Hey guys just wrote out the simple points for all you semi-advanced traders who don't want to waste your time drawing your own charts so just sharing mine with you guys so you guys can utilize it. (Not financial Advice) GL with the shorts :)
Here I see the simple pattern of an inverse head and shoulders which I think could potentially happen due to the state of the RSI. (I am still bearish for now, but If I see a bottoming out either at this 8700 area or at the 200 day then I will put a small low leverage long in. Good luck all and Hope you can all end up with 1000% profits some day :)
Possibility for BTC, I'm still bearish for now, but If I see this begin to bottom out here at the 8.9k level I will get out of my positions for some time.
Ven is a great project coming out of Asia, but not the fastest runner in my opinion. Good luck everyone :) Your simple TA master
Nano is relatively new Big player to the market, and I believe the framework of the coin allows for massive upside potential. In my opinion when a coin first opens up with massive volume in a market completely settled upon hype, the TA may be set aside completely. What I believe we are seeing here is a "reset" which allows for the beginning of an Elliot Cycle on...
Quick chart for XRP I have been following I will keep you guys updated every few hours :)
Hey guys here we see this pattern once again happening the top trend line is really of no meaning unless we bounce down. I'm led to believe we probably will head down because we see a wedge forming at the top of a run up which led to a massive correction last time. But do no fear I believe a massive wedge is forming giving time for the TRX team to grow their...
RDD has finished a correction and is now on its way checking in profits for everyone, such a great idea allows for tons of space for growth
I firmly believe in this if we do not dip below 8k
Here's another view for you people to look at :)
As I said in my previous post, the falling volume with steady outbreak was just setting BTC up for failure. Here we are seeing it flush a little as expected, but there are only two options and for now I am holding a small short with a high leverage just in case it goes under as that small short could increase my portfolio by 20-30% if BTC decides to retest the 7k...