Sparkster

Sparkster

This weekly chart perspective clearly shows a long trendline breakout in recent weeks with price now dropping back to that level. Price may be finding support at that previous breakout trendline. This coincides with an upwards trendline (shown as blue). A break below could signal a steep decline. We are still ranging inside a very long triangle. Note that MACD...

Sparkster Updated 

As you can see there is cloud support on the 3-day time-frame for BTCUSD. In our previous analysis we showed price in the past few weeks is ranging within a previous candle (see related ideas below). The 3-day cloud support corresponds with the bottom of that weekly consolidation price range. A break price range means entering the cloud and could signal a...

Sparkster Updated 

After a very successful 47.6% gain from Sparkster Signals (arrows highlighted with blue circles drawn on the chart) on the 4 hour time-frame for ETHUSD the SELL signal activated after the current top formed. As per the related idea below, BTC shows consolidation within a specific range set by a previous Weekly candle. We expect ETH to follow BTC's lead on the...

Sparkster Updated 

Recently, a Sell Signal was generated on our platform using Parabolic SAR and Moving Averages with a massive 50.8% gain for #ETHUSD on a 2H Time Frame. BUY signal triggered on 26 Jan 10pm at $167. SELl signal triggered on 25 Feb 4pm at $251. We are now analysing the short-term trend waiting for the system to trigger a new BUY signal. The strategy worked as...

Sparkster Updated 

The weekly chart reveals strong trendlines for price to battle against. The past 3 weeks are ranging inside of a long green candle. Bottom line: We expect continuation only if and when price breaks above the range as shown (purple boxed area) and a drop that could reach as low as 8300 to the long-tern support line if price breaks down below the current range (as...

Sparkster Updated 

The Sparkster backtest signal tool flashed a strong BUY signal on 11 January for ETHUSD on the 4-hour time-frame, based on one of the strongest combination of indicators in the Sparkster Signals public library. To date, that trade entry is at a 77% gain so far. The strategy will not see a SELL signal for quite some time as it's based on a longer term moving...

Sparkster Updated 

Before we begin publishing charts with BUY / SELL signals from the Sparkster Backtester and Signal Tool next week, here's another long-range view of Ethereum, signifying the start of a new bull run. Here we see the very wide Bollinger Bands getting closer together since previous ATH on the monthly time-frame. At present, the bands are not nearly as tight as the...

Sparkster Updated 

Ethereum shows early signs of a bull run that could lead to price discovery way beyond the previous All Time High. This weekly chart with 200, 100 and 50 point moving averages reveals the the mixed pressures on current prices. MACD turned green in the past few weeks — price has just emerged above the top Bollinger band indicating strong, perhaps extreme,...