SpektreSignal

SpektreSignal

NANO/BTC Strategy: Falling wedge, stochastic crossover, MACD crossing over. Price currently breaking out. Buy Around - 2018 - 2081 T1 - 2162 (6%) T2 - 2304 (13%) T3 - 2441 (19%) Stop-Loss - 1969 (4%) Risk / Reward T1 - 1 / 1.5 T2 - 1 / 3.3 T3 - 1 / 5.1 P/L Opportunity Upside: 6 - 21% Downside: 4%

SpektreSignal

The market is up to $271.96%. Dominance has dropped down to 56.38%. The price of Bitcoin is at 8700. In a 2-hour period, the price of Bitcoin dropped from 8640 down to 8432. However, the price quickly recovered it's losses in less than 4 hours indicating there is buying demand ready to step in below the 8500 price point. The Tenkan (blue line) has begun...

SpektreSignal

The market ran up to $276B, and has since moved down to $269.51B. Dominance is down to 57.19%. The price of Bitcoin has managed to stay above it's support level of 8500. Key levels of support and resistance Support - 8500 Resistance - 8800 If support at 8500 breaks down, the critical level of support is at 8200, which is illustrated by the yellow circle. If...

SpektreSignal

The market has continued to increase in volume over the weekend and is up to $268.60B. Dominance is up to 57.59%. The price of Bitcoin broke resistance at 8500 and 8800. The price is currently at 8750. The price has continued to confirm the ascending channel, and broke to the upside after testing the bottom trendline. The stochastic RSI and RVI both indicate...

SpektreSignal

The market is up to $248.45B. Dominance has followed and is up to 57.35%. The price of Bitcoin is at 8000. Yesterday, the price made contact with the channel and the price has followed that path up from 7400 to 8100. Price is forming a bullish divergence on the StochasticRSI. In addition, the relative volatility index has inverted, which suggested momentum is...

SpektreSignal

RLC/BTC Strategy: Oversold conditions. Tweezer bottom signalling possible reversal. Expecting three white soldiers. Buy Around - 674 - 695 T1 - 730 (7%) T2 - 779 (14%) T3 - 831 (21%) Stop-Loss - 655 (4%) Risk / Reward T1 - 1 / 1.5 T2 - 1 / 3.2 T3 - 1 / 4.5 P/L Opportunity Upside: 7 - 21% Downside: 4%

SpektreSignal

The market has been ranging and is slightly up to $245.64B. Dominance has moved back up to 57.11%. The price of Bitcoin has remained locked between 7700-8000. Volatility has lowered and the trend is still strong indicating this consolidation could break out in the next 3-5 days once the ascending channel trendline is tested. The kijun has begun drifting...

SpektreSignal

The market has drifted up to $245.34B. Dominance has shifted down further to 56.92%, and the price of Bitcoin has managed to find support between 7700 - 8000. Price action has almost invalidated the rising wedge pattern, which suggests the ascending channel will be the more valid pattern to play out. The RVI indicates consolidation of volatility meaning there...

SpektreSignal

The market is down to $239.47B. Dominance is up to 57.34%. The price of Bitcoin is at 7800. The rising wedge pattern is still in tact, if valid, the price should be able to break through it's 8300 resistance and sharply increase to test resistance at 8800. However, if the wedge is proves to be invalid, the price next level of support to watch is 7300, and the...

SpektreSignal

The market had a sharp downturn yesterday, and the market cap is down to $224.62B. Dominance has remained low despite the sell off and is down further to 56.63%. The price of Bitcoin is above 7100. Yesterday, there was a market order put in at 6200 for 5000 Bitcoins, which means one of three things. A) Someone accidentally sold a large quantity with a market...

SpektreSignal

The market has experienced some pullback, and is down to $247.20B. Dominance has fallen further and is down to 56.77%. The price of Bitcoin is at 7900. The price has been ranging between 7700-8200 for the past ~24 hours. The flattening of the kumo and tenkan/kijun sen indicate possible ranging could occur with the momentum leveling off for some time. The...

SpektreSignal

The market has continued it's advance upward, and is up to $248.35B. Dominance has shifted away from Bitcoin and has dropped to 57.44%. As for the price of Bitcoin, it has been hovering between 7800-8100. The past 3 days show that profit has been taken when the price moves outside the defined ascending channel. Yet there has still been buying pressure during...

SpektreSignal

TRX/BTC Strategy: Stochastic crossover, and RVI moving above 20 indicating possible reversal of momentum. Buy Around - 335 - 345 T1 - 367 (8%) T2 - 399 (18%) T3 - 453 (33%) Stop-Loss - 314 (7%) Risk / Reward T1 - 1 / 1.1 T2 - 1 / 2.5 T3 - 1 / 4.7 P/L Opportunity Upside: 8 - 33% Downside: 7%

SpektreSignal

POA/BTC Strategy: Possible tweezer bottoms forming on daily candles with falling wedge pattern. Global bitcoin dominance reducing. Please note this signal could be preemptive, if the market dominance reverses. Buy Around - 336 - 341 T1 - 355 (5%) T2 - 374 (11%) T3 - 405 (20%) Stop-Loss - 327 (3%) Risk / Reward T1 - 1 / 1.5 T2 - 1 / 3.2 T3 - 1 /...

SpektreSignal

The market has continued to move in a parabolic fashion. Today, the market cap is up to $233.58B. Dominance has drifted down slightly to 59.86%. The price of Bitcoin is just under 7800. The daily candle is forming a shooting star pattern, which generally indicates buying pressure has exhausted and a price will begin to consolidate after a rally. Although the...

SpektreSignal

Over the weekend, the market continued to chug along. Today the market cap is up to $228B. Dominance has continued to rise up to 60.50% causing alts to continue their trend downwards. The price of Bitcoin has been ranging between 7700-7900 this morning. The ADX is used to measure trend strength. Currently, the trend is right above 50, which indicates a very...

SpektreSignal

WABI/BTC Strategy: Cup & Handle forming on the weekly chart. Volatility reaching historical support which is in line with a C&H pattern and further indicates continuation. ADX showing a strong uptrend with squeezing DI's. Stop loss set to next line of support. This trade could take up to 1 month. Buy Around - 4534 - 4821 T1 - 5787 (24%) T2 - 6884 (47%) T3 -...

SpektreSignal

The market exploded last night up to $192.01B. Dominance quickly followed and is up to 58.97%. The price of Bitcoin is at ~6400. The price broke to the topside of the rising wedge confirming a continuation pattern. The next key levels of support are 6300, 6100, and of course 6000. The RVI indicates high levels of volatility, but it also tells us that price...