BTC seems to be recovering from the low around 5400. But I am not bullish yet. A lot of traders claimed it should retest the support around 5000USD and I agree. BTC is currently in a rising wedge pattern. If the value goes up towards yesterday's high around 6700, I can see it go up further towards around 6900 (which is previous low). After that I expect a decline...
A lot of people are bullish on BTC untill SegWit2X. I am as well, but keep in mind SegWit2x is probably still 2 weeks away, and I don't believe BTC keeps going upwards for 2 weeks. Maybe this is a bold idea, but it is definitely a possibility: I have a few reasons why BTC can make a dip soon: - Last time there was a bearish MACD crossover (in August), btc made a...
With the re-branding of Lisk coming up I think it is a good time to enter lisk on a fundamental AND TA side. A re-branding usually results in a price rise with cryptocurrencies and I think this is no different with Lisk. It's at the bottom of the pennant right now and it is bouncing on support from previous low. Entry: anything below 0.00150 is good in my...
BTC seems to be in this channel, and its somewhat struggling to break the shorter term downtrend. I can see it go down a bit before this weekend. After that, there seems to be enough support (cloud, bottom channel, 100d Moving Average) to break the downtrend. BTC still looks very bullish on the weekly chart in my opinion. If it does go down this week, i'm...
In my opinion, fundamentals and TA are both showing us XRP could be a good buy right now. Ripple has a big event coming up mid October (ripple.com) and I think it's best get in weeks before that. XRP made a double bottom in august and I think it is uphill from there. It is possible XRP is coming down to the bottom of the triangle firstly, because when BTC is...
Siacoin is bouncing on (what I call) Major Support for some time now and it is still within its descending triangle. It is almost time to break out of that in my opinion. Entry: anything below 165. First target: 220 (might want to take some profits above 200). Second target: 340 (Siacoin has a couple releases scheduled in november. Price can go up in oktober). ...
A couple days ago XRP had nice run towards around 7400 satoshi. After that it retraced to its 0.786 fib. level. This can be a good moment to pick up some XRP's. Last time it bounced its head on a longer term resistance line. I think this can happen again. I hope we can go as high as 8800. Buy-in: Anything below 5200 is good in my opinion, or you can wait for...
Hi all, In my opinion it's likely STR has finally broken its downtrend (dark green). Inversed H&S (blue), Higher Highs and higher lows are showing. Currently we seem to be in a symmetrical triangle (red), hoping it will break out above that. If it does, I think it can go to the 0.382 fib. level pretty quick (936).. maybe even higher (1113 is next fib.). Entry:...
Think it fairly easy to follow. Made this one before, but made a small adjustment Enjoy:)
This is my first published idea. Please let me know what you think. I can always use some good feedback:) I don't use too many indicators (yet), so i think it's pretty easy to follow. Any entry below 0.0190 is good in my opinion. Stop Loss below lower red trendline.