The_Sparrow

The_Sparrow

We've just hit some very strong resistance(red box). I'm very bearish on this,i don't think BTC has seen the bottom just yet. Most likely scenario : BTC price will lose most of it's gains from this FOMO rally,returning to the support levels (green box)

The_Sparrow Updated 

Hey guys, I feel the need to give you an update on ZRX. A small support has formed at the 14.8k levels,which has been confirmed 3 times. No matter how this plays out,we got a bear flag forming on the 1h candle chart,so i'd recommend you to stay out of ZRX for a while,unless you are already in. You should also use that purple line as a strict stop-loss...

The_Sparrow

Hey guys, This time i am presenting you a bigger picture of an altcoin with amazing potential: VeChain. I was honestly surprised by the perfect harmony of this technical analysis. The intersection on the green support line of the triangle with the .236 fib retracement pattern coincides perfectly with the lowest price that VEN has hit in a while. Coincidence?I...

The_Sparrow Updated 

Hey guys, As i promised a couple days ago,it's time to take a look at ZRX,compared to BTC. We've recently witness a lot of upward movement on ZRX,influenced especially by the possibility of of this token to be listed on Coinbase (overrated,government-controlled platform). As the technical analysis would suggest,we are currently right in the middle of a BULL...

The_Sparrow

Hey guys, This time i'm taking a look at XEM. As with most altcoins,this seems to be resting at the very bottom of the white line of the triangle,that's been confirmed at least 5 times. Problem is,we were in the same situation with the green-triangle support line that we broke under.We still lack the volume necessary to get this growing. How to trade: My...

The_Sparrow

Hey guys, I was recently asked by one of you if i believe that NEO is a good trade.At this moment,i can say neo is an AMAZING trade,as tehnical analysis suggests that we are coming to the end of the well respected bearish triangle formation that formed since the beginning of this year. How to trade: Buy NEO right at these prices and set a stop-loss at 4.7k...

The_Sparrow Updated 

Hey guys, This analysis will be about one of my favourite Long-term investment opportunity : The BAT Token As we can see,a well-respected triangle formation has been formed since December 2017. The overall trend is bullish,but at this moment,BAT is a little overbought. I am expecting to see a correction in the near future. How to trade: I believe that it is...

The_Sparrow Updated 

Hey guys, As we all know,most actions done by altcoins are strongly related to Bitcoin. Leaving the subject of market manipulation aside for now,the BTC-USDT chart shows shows quite a handful of scenarios. It may occur,that we are in a head-and-shoulders pattern at the moment,even though we are constantly seeing higher highs and higher lows,suggesting a ...

The_Sparrow Updated 

Hey guys, Even though i have been away for a while,i have been keeping an eye on the things going on. Studying Ethereum,i've notice that the graphic can be structurated in multiple parallel channels,that are well-respected. As i've highlighted in the graphic above,we've broken out of another one of this channels.Last time we've seen this accompanied by a ...

The_Sparrow Updated 

Hey guys, First of all,i would like to tell you that i am a very big fan of Binance and what their team is doing for the crypto community. Even though we have been surprised multiple times by amazing news from the Binance development team,the BNB token used on their platform is about to lose some of it's value on behalf of BTC. As illustrated by the tehnical...

The_Sparrow Updated 

Hey guys, This time we are going to take a look at EOS.Even though this token is surrounded with hype at the moment,tehnical analysis might suggest that we are going to see a correction in the near future. There is nothing to be afraid of,as we are currently respecting a very well-established trend,represented by the white triangle shown above. Unfortunately,we...

The_Sparrow Updated 

Hey guys, I am happy to be back after a long time gone,waiting for the bears to leave. I decided to post more often,hoping you might see some value in my work,but i will let the tehnical analysis do the 'talking'. To get to the point: STRAT is about to finish it's long bearish movement.Hopefully,the triangle that has been formed will break out sooner than you...

The_Sparrow

Hey guys, This time we are going to look at XLM-the Stellar Token.Even though we are far away from the 1$ mark that we almost touched at the end of 2017,XLM looks back on track for another rally. The triangle formation that has been formed has been confirmed by multiple points.As we can see,the 2.9k line has proven to be a strong resistance for XLM,proving,once...

The_Sparrow

Hey guys, I ll let the graph speak for itself this time. Haven t seen a pattern as nice and clear as this in a while. Cheers!

The_Sparrow

Hey guys,it's time to leave TA aside this time and focus on the upcoming events. As we all know Q1 is coming to and end on the 31th of this month,March. The crypto market is definetly going to get a massive boost,due to all the good news that is about to reach the market,so i just wanted to leave this prediction here. This is probably one of the only posts of...

The_Sparrow

Hey guys,as i've seen quite a nice amount of positive feedback on my analysis,i've decided to share you my vision of ADA aswell. After carefully positioning our Fibonacci Retracement at the exact extreme point of the graphic,i came to the conclusion that Cardano used the 236 as an almost perfect resistance,penetrated only by only 1 unexperienced ''crypto dude"...

The_Sparrow

Hey guys,here's another analysis,this time on the popular coin ''Tronix". I'll let the graph talk for itself this time,as i don't really have much time to develop my ideas. Keep in mind that i don't encourage or remotly care about the FOMO going on with this coin at the moment,but i DO believe that the amount of coins that are going to get burned until the end...

The_Sparrow

Hey guys, As we all know,next monday (6/3/18) we are going to see ETC fork,creating CLO,which will be distributed at a ratio of 1:1. We have had a MAJOR drop for ETC in the past days,as the "investors" a.k.a. people trying to get rich quick,sold ETC in a panic,especially after Bittrex announced that it won't support tha Callisto Fork. The guys at Binance,on the...