Hey guys whats up ! Hope you keep following me on fb and are in good profits ! First of all yes all btc/usdt traders would be very happy with things going on nowadays ! Guys see its all bcz of mt gox or other incidents like binance hacking that happened we got straight falls ! Being bearish is lil different from straight falls ! When u notice things in...
Hello guys hope you all are doing well. Well today is one of the worst days for crypto market ! Many binance users claiming on twitter and reddit that their account got hacked automatically and VIA was bought automatically from there account ! You can see the rise that VIA had today ! There are many suspicious activities that BTC and other coins that could be...
BTC downtrend resistance and uptrend support are going to meet at a point and we have high chances of winning of uptrend ! Using fibonacci retracement techniques and considering a lot many factors this is what i have to say ! We could have a long elliot wave like that as per me ! The short one will complete soon though . ( I had posted one elliot on fb and just...
Hello guys what's up ! Good morning ! We just broke the inverse H and S and had to chase the 11800 resistance (where in history we have seen its power) ! Problem bitcoin (and actually the whole market) is facing is low volume (it was mentioned earlier too that low volume going in all the main cryptocurrencies here ) ! When volume is low even increasing prices...
Hello everyone ! See guys this is the same elliot wave which i started posting when it went from 6k usd to 9k and retraced from there ! Posted on fb nearly 10 times ! There are many sub elliots ( in each 1 wave of this elliot cycle you can another elliot wave , patterns etc) ! But i m still confident it will complete and in fact we are going near to its...
1D chart Hellow guys what's up ! Hope everyone is doing fine ! See the graph carefully ! Earlier bitcoin touched most of times 80 to 83 in RSI graph and on downside 30 in RSI graph ! ( means the max RSI around 83 while lowest being 30) . But this time we went ahead to 92 ( of course that is something that will not continue for long and will be pushed back) ....
Litecoin has been squeezed in wedge ! Its testing it guys ! If it breaks it ( sometimes another test is there to convert it in support ! which happens less) we will have its breakout ! Also BTC is dominating the market ! It seems BTC will come out of inverse H and S pattern and litecoin will break this wedge together ( if LTC breaks it which has high chances...
Hey guys hope everyone is enjoying the day ! Yes ripple could be seen as completing inverse Head and shoulders ( with a down tilted neckline - yellow in this picture - so not that bullish i will say) ! Still its H and S after all and we got support of 50 EMA and 200 EMA lines ! There is a problem though . Look at the RSI ( my free version did not let me add...
Guys i refused most of you to buy ethereum ( in fact asked you to sell it ) ones that downward elliot started ! Though being a lover of ETH i posted several times on fb not good times for ETH ! You can see clearly it could not break those parallel lines ( downward trend ) ! It has got a lil support of 50 EMA but is below 200 EMA ( which is powerful resistance) ...
Guys a descending wedge symbolises bears getting lack of momentum with time and bulls trying to overtake them ! though the sides of wedge act as good resistance ! Some of you would have remembered about the nano and ltc chart i posted on my timeline and same condition was there ! And if you can remember the breakout that occurred was really nice ! Sorry i was lil...
Guys first of all this trading view literally sucks ! I can't add more of indicators because i don't have pro version ! Anyways also plz add 200 EMA line in your chart ! So we got a triple bottom ! Seems good support and we got above 50 EMA line as support ! It could be sign of starting of a rising elliot or also could lead to other patterns ! We need more...
As i already told you on my fb timeline ones we break decending wedge we are going to rise huge !
This is complete graph friends ! As i told i was posting first time publicly so was not aware of the fact that it would show zoomed portion only ( I was working on zoomed portion to analyse EMA lines better) .
Well TRX could not break the wedge resistance which i already said it won't. Usually after a huge peak followed by a downtrend of market many coins get stuck in wedge resistance. So with a powerful base resistance which is not getting broken and a downtrend you can well imagine in mind that a wedge type structure starts getting followed by the coin ! Its very...