SpektreSignal

SpektreSignal

The market is down slightly to $185.67B. Dominance continues to rise and is up to 58.45%. The price of Bitcoin is right above 6k. The price quickly broke topside resistance and ascended to test the next price resistance at 6100. Since then, the price has been ranging between 6000-6100. The channel formation has broke and a rising wedge (continuation pattern)...

SpektreSignal

The market is down to $186.5B today. Dominance has continued to rise and is up to 57.10%. The price of Bitcoin is up to ~5900. Yesterday, there was news of Binance being hacked which caused a quick sell off that was rapidly bought back up showing there is confidence in the market. Selling pressure brought the price down to 5600 to re-test the 0.786 Fibonacci...

SpektreSignal

The market is up to $188.54B. Dominance is up even more to 56.27%. Overnight, the buying pressure overwhelmed selling pressure, and the price broke to the upside testing 6000. The price has since found support above 5800. Selling at the top of the daily wick near the 6k price indicates profit taking, and possible fear of a breakdown could lead cautious traders...

SpektreSignal Updated 

CND/BTC Strategy: Double bottom stochasticRSI. Rising volume. Strong historical pivot point rage. Buy Around - 275 - 281 T1 - 304 (9%) T2 - 319 (15%) T3 - 342 (23%) Stop-Loss - 266 (4%) Risk / Reward T1 - 1 / 2.1 T2 - 1 / 3.5 T3 - 1 / 5.3 P/L Opportunity Upside: 9 - 23% Downside: 4%

SpektreSignal

Over the weekend, the market dropped slightly below $180B. But it has since recovered, and is up to $186.67B. Dominance reached above 56% over the weekend, but is down to 55.67% today. The price of Bitcoin tested support at the 5480 level. Today, the price is hanging just above 5700. The stochasticRSI is overbought, but there has been buying pressure above...

SpektreSignal

The price has been in a dicey uptrend the past few months as more economic data has rolled in. The trendlines illustrate a possible breakout when factoring in the variables of rising price during an uptrend, increasing volume, and the bull divergence forming on the StochasticRSI. In addition, the Tenkan and Kijun are both acting as support and indicate rising...

SpektreSignal

The market is doing fantastic today, it is up to $188B, which is 10B in less than 24 hours. Dominance has chased the increased volume and is up to 55.72%. The price of Bitcoin is above 5750. The three white soldiers pattern continued with strong volume carrying price momentum, the price broke through the top of the channel as well as 0.786 resistance....

SpektreSignal

More cash creeped into the market overnight and it is up to $178.64B. Dominance has followed suit and is up to 55.24%. The price of Bitcoin is at 5350. The Tenkan San (blue line) has cemented itself as further support. Price began testing resistance again at 5400. Although the price did not break topside resistance, the current candle pattern is forming a three...

SpektreSignal

INTC Strategy: Oversold after earnings. Kumo indicates continuing uptrend with strong support. RVI indicating increasing momentum. Buy Around - 50.61 - 51.30 T1 - 52.58 (3%) T2 - 54.32 (6.5%) T3 - 55.87 (9.5%) Stop-Loss - 49.32 (3.3%) Risk / Reward T1 - 1 / 1 T2 - 1 / 2 T3 - 1 / 3 P/L Opportunity Upside: 3 - 9.5% Downside 3.3%

SpektreSignal

The market has continued to rise and is up to $176.23B. Dominance has continued diminishing and is down to 54.71%. The price of Bitcoin is just above 5300. The Tenkan San (blue line) is acting as support, the stochastic RSI is forming a possible double bottom, the Chikou is nearing the price, which could indicate another breakout within the next week. Continued...

SpektreSignal

The market is up to $174.32B today, and dominance is down to 54.94%. The price of Bitcoin is up to 5250. The price was able to break to the topside of the 0.618 fibonacci level, but met resistance at before 5300 and was not able to break through the Tenkan san. The Stochastic RSI is beginning to rise, and a break of the 20 line could signal upward price action...

SpektreSignal

Over the weekend, the market cap shrank and is down to $169.02%. Dominance rose over the weekend and is up to 55.41%. The price of Bitcoin is at the 5100 price point. The charts show there was very relatively very little price action over the weekend. The RVI shows volatility has begun to drop in relation to price, but it still rests at a point of high...

SpektreSignal

PIVX/BTC Strategy: Tweezer bottoms forming on daily chart. Highly oversold. Buying on lowering Bitcoin dominance, and selling within overhead resistance trendline. Buy Around - 1224 - 1263 T1 - 1391 (12%) T2 - 1549 (25%) T3 - 1699 (37%) Stop-Loss - 1183 (5%) Risk / Reward T1 - 1 / 2.5 T2 - 1 / 5.1 T3 - 1 / 7.6 P/L Opportunity Upside: 12 - 37% Downside: 5%

SpektreSignal

The market quickly descended and is down $170B. Dominance has remained nearly the same at 55.08%. The price of Bitcoin is just above 5100. The price drop coincides with the bottomed-out portion of the Kumo, which still suggests a future uptrend with strong support. The bull flag could be forming an ascending channel. The price needs to hold above the 5000 or...

SpektreSignal

LRC/BTC Strategy: Falling wedge chart pattern. Oversold RSI with possible cross. Oversold MACD. Buy Around - 1132 - 1163 T1 - 1246 (9%) T2 - 1365 (19%) T3 - 1489 (30%) Stop-Loss - 1100 (4%) Risk / Reward T1 - 1 / 2.4 T2 - 1 / 5 T3 - 1 / 8 P/L Opportunity Upside: 9 - 30% Downside 4%

SpektreSignal

The market found some support and is up to $177.13B today. Dominance has dropped to 55%. The current alt market was caused from a 2% shift in dominance meaning if BTC spikes and the dominance raises to 57%, there are some alts that will be seeing some new ATLs. The price of bitcoin is testing resistance at 5500. Over the past 3 days, we have seen each daily...

SpektreSignal

The market has pulled back and is down to $173.91B. Dominance has risen further to 55.31%. The price of Bitcoin is testing it's 5300 support level. This type of movement is healthy after the quick run up. If todays candle is able to hold support above 5300, we could begin moving sideways and see the price range for a period of time. In which case, we could...

SpektreSignal

WAN/BTC Strategy: Oversold. Increasing upward momentum. Lowered volatility. Possible large move on MACD crossover. Buy Around - 811 - 831 T1 - 883 (8%) T2 - 951 (16%) T3 - 1018 (24%) Stop-Loss - 791 (3.5%) Risk / Reward T1 - 1 / 2.2 T2 - 1 / 4.7 T3 - 1 / 7.1 P/L Opportunity Upside: 8 - 24% Downside 3.5%