Did a TA on BTC against USD. Seems like BTC is consolidating at around 0.382 level of the fibonacci retracement. Plotted fibonacci retracement from the bottom at $6054 during the massive dip to the tops at $11,804 last week. We can see that right now BTC price is below the EMA and it broke the previous upward trend and also there is a bearish divergence on the...
Did a TA on $ADA against BTC and it seems like its currently in a downwards sloping trend channel. Not only that, its also below EMA line and this confirms its bearishness. However, if $ADA were to release any big news, usually it will cause a lot of FOMO like previously when it peaked. But other than that, I think that overall, if you want to hold $ADA long term,...
Looking at a longer term perspective, through the use of a Day chart instead of hourly or minutes chart, we can see that ethereum is appreciating against bitcoin. The consecutive green candles together with the candles approaching the 20 days EMA are a sign of strong bullishness and I feel it will continue for awhile. There might be some retracement here and...
If you have been following, the support zone i plotted previously was the exact support that BTC bounced off (indicated by the blue dotted arrows). Right now, the trend is reversing as the candles just crossed EMA. Bullish trend probably on its way. Good entry point would be somewhere between $9550 (safe) and $10,219 which are within the support zone. Meanwhile,...
Did a TA on SIAcoin against BTC. Looks like its pretty bearish from the TA side of things. It broke support at 246 sats and might be heading towards next level support at 185 sats. Its moving below EMA and thats usually a bearish sign. However, one main reason is also because BTC is moving up fast so most alts are going down. But my best bet is to exit of SIAcoin...
As plotted is the resistance zone and support zone that i think BTC is currently facing. Support at $10,219 and Resistance at $11,625. However, it just broke EMA but it might be up above EMA again soon and continue on its bullish trend. Some FUD coming from india again but i think the crypto world is used to it already since there was so many FUD in the past few...
$NEO is forming an ascending triangle. Bullish I feel.
Seems like Bitcoin is touching $8,000 but I think highly it will bounce back up based on the waves. However, still gotta see the news and how the market is reacting to regulations. Mainly the US SEC regulation and the out look of it.
Syscoin ($SYS) having mainnet release for Blockmarket Web 1.0 & Desktop 1.x with Masternodes v1.0 by end of feb and not only that, There will be a hard fork for the masternode release closer to the end of February/March as well. Higher think price will go up soon and on top of that, using TA, we can see a flag forming as well with price consolidating between 6200...