UnknownUnicorn10064030

UnknownUnicorn10064030

Hello, traders! DOT has corrected the downward movement to 0.618 and tested the local downtrend. To date, the price has entered the seller's area of interest of $4.45-4.62. RSI value on 4h TF is in the overbought zone above the level of 70. The entrance can be searched near the marks $4.18-4.23 where the MA100 is on the 4H timeframe. Stop at $4.13 ...

UnknownUnicorn10064030

Hello, traders! The correction at ETH/BTC market has shifted to a larger scale of price movement. The price has gone under the MA200 on the daytime timeframe. Several factors indicate that the asset is under pressure from sellers: 1) Breaking through the support level of 30300 satoshi on the impulse, later descending below 29350 satoshi and its retest from...

UnknownUnicorn10064030

Hello, Traders! The monthly candle for BTC/USDT closed with the victory of bulls just like in July earlier this year. It is safe to say that Bitcoin entered and continues to move in the bull trend. I would like to bring to your attention three ranges of consolidation in the current year which resulted in gains: 1) 6600-7450 $ in March-April ; 2) 8910-9900 $...

UnknownUnicorn10064030

Hello, Traders! NEO has seen interesting price action since September, showing little correlation towards the rest of the cryptocurrency market, particularly at the end of September. Since the September peak when NEO reached nearly $26 USD, NEO has seen a 30% price decrease. From the mini-run seen at the start of the year, NEO was unable to break the $17.5USD...

UnknownUnicorn10064030

Hello, Traders! BTC has had a great week, with BTC gaining $1000USD in 24hrs! Since the bullish breakout of the symmetrical triangle occurred, BTC has increased over 14% in value. BTC saw sideways trading within the $11200 USD – $11550 USD region. Once the $11550 USD level was broken BTC saw substantial gains, with a trend line angle at 70 degrees, the increase...

UnknownUnicorn10064030

Hello, Traders! BAT has recently seen two formations. The first is a descending wedge, with the second being a descending triangle formation. From the descending wedge, BAT broke out positively. However, this led to the formation of the descending triangle as BAT had not finished its consolidation period. There was a period of major losses followed by the...

UnknownUnicorn10064030

Hello, Traders! XLM has recently seen a positive breakout from its descending wedge. This descending wedge-formed after the parallel channel was broken below. Before the descending wedge, XLM had seen great upwards movement since March. However, from the peak to the trough of the descending wedge XLM lost 40% of its value. This saw XLM fall from $0.12 USD down...

UnknownUnicorn10064030

Hello, Traders! BTC has had an impressive week, making substantial strides since its trend line / symmetrical triangle breakout. However, BTC has seen resistance at the 0.5 Fibonacci retracement level. This has then seen BTC fall from $11700 USD towards $11200 USD earlier this morning in the light of OKEx investigation. During BTCs recent breakout, the surge...

UnknownUnicorn10064030

Hello Traders! It's been a crazy end of the week for BTC. After weeks of waiting, we have finally seen what appears to be a decisive breakout for BTC. This is a breakout from the symmetrical triangle. The breakout which has occurred is bullish. The symmetrical triangle had been since mid-August. Yet, isn't it the false breakout? Below you can see the long term...

UnknownUnicorn10064030

Hello, Traders! NEO has been behaving interestingly recently, with the cryptocurrency not fully correlating with the rest of the alt coin market. NEO has made huge strides since March, although has recently seen a large correction. This correction has seen NEO move from $26 USD to $19 USD, a value decrease of 27%. During NEOs move up since March, the 0.5...

UnknownUnicorn10064030

Hello, Traders! BTC is currently within a symmetrical triangle. There is a downwards resistance trend line, with an upwards support trend line. Both have similar angles, it has seen a symmetrical triangle form as a result. The last time BTC saw a symmetrical triangle was in early July. The breakout direction of this triangle then saw BTC have a substantial...

UnknownUnicorn10064030

Hello, Traders! ZRX has recently seen a positive breakout. This was a breakout of a descending wedge with a positive pre-trend, as shown below. The descending wedge which ZRX has broken out from has numerous points of contact. During this wedge ZRX had fallen from $0.8 USD towards $0.35 USD. Below are the recent EWs for ZRX. The recent breakout appears to be a...

UnknownUnicorn10064030

Hello, Traders! CEL has had a good year, outperforming nearly every altcoin. Since the start of the year, CEL has increased in value by more than 400%, while CEL is currently up over 2400% since its ATHs in November 2019. Since mid-June, CEL has been seeing a high correlation with BTC. As shown below, we can see that from the eight moves BTC has made since mid –...

UnknownUnicorn10064030

After BTCs recent downturn which saw the cryptocurrency fall from $12000 USD all the way to $9900 USD in a matter of days, BTC has managed to find some major support at the $10000 USD level. This support has been tested numerous times since the 4th of September and has traders questioning whether the bears have lost their grip on BTC. Since the 4th, BTC has been...

UnknownUnicorn10064030

Hello, traders! On 15/02/20 XRP hit $0.34 USD with this so far being the yearly high for the cryptocurrency. From there, XRP proceeded to have a downwards trend before finding support at $0.23 USD. This support helps up XRP multiple times. However, this support was not strong enough to save XRP from the black swan event which occurred on March 12th, seeing the...

UnknownUnicorn10064030

Hello, traders! It's been a crazy week for Bitcoin and now is the best time to set out targets for the nearest future. BTC has recently been somewhat uncertain, undecided on which direction it wishes to move next. After BTCs huge rise from $9000 USD to $12000 USD the cryptocurrency has spent most of August trading between $11000 USD and $12000 USD. However,...

UnknownUnicorn10064030

Hello, Traders! Since the start of the year, ADA has increased by 338%, all the way from around $0.03 USD to $0.14 USD which ADA is currently at. After seeing the growth, ADA has exceeded many of those in the top 30 by market cap, will this growth continue? The only way has been up since March for ADA. This upwards trajectory can be clearly seen. However as...

UnknownUnicorn10064030

Hello, Traders! BTC’s huge move above the significant $10500 USD resistance level, has created some breathing space for BTC. This gap between BTCs current price and the next resistance level should allow BTC to grow further. Another way showing that BTC is free to move higher with little resistance is through the Gann fan. The Gann fan below originated in June...