UnknownUnicorn2876186
BTC:USD has shown very little strength after the massive uptrend from 3K to 10K After hitting the top at 13K volume has continuously declined, a very clear sign of the uptrend losing momentum Then a Triple Top formed, a very bearish sign as it means Bitcoin is no longer rallying and bulls can't continue pushing the price up. This coupled with going below the...
LinkUSD has been by far one of the best performing cryptocurrencies this year, with one of the best teams and projects out there this is a solid project LONG TERM, but right now is showing some bearish signs for the SHORT TERM. After the massive uptrend for the last few weeks, Link has started to fall and the previous area of support around 3.20, has been...
The last time BTCUSD hit the upper 13K resistance, sellers showed extreme control of the market pushing the price down almost uncontested, the very large bearish candles showed a clear example of price rejection. The rejection caused a loss of momentum for BTCUSD and slowed down the impressive uptrend that started around May. Now the second time BTCUSD hit 13K...
LINK has been the best performing coin of 2019 and one of the most exciting projects in the crypto space, I'm extremely bullish in the long term and we might see it in the top 10 pretty soon. But right now volatility has shrunk incredibly with the ATR falling rapidly and the donchian channels becoming more narrow. The loss of volatility usually happens before a...
"Exponential rapidly rising or falling markets usually go further than you think, but they do not correct by going sideways." -Bob Farrell's 10 Rules The massive amount of FOMO during this logarithmic growth, coupled with the extremely bullish sentiment is a recipe for a sharp fall just like late 2017. BTCUSD has run its course but now shown signs of weakness...
BTCUSD has finally broken through the Ichimoku cloud on the weekly, with strong momentum this means the new uptrend will continue with strength. The MACD, shows the MACD line passing the Signal line, this is a bullish sign of more upwards movement. The FOMO is going to push BTCUSD to probably the previous ATH in the coming month. I'm opening a Long position to...
NEOUSD has strong fundamentals behind it as a top coin with very good applications and a strong user base. From December 2018 to May 2019 it moved in an ascending price channel, only briefly surpassed during a BTCUSD pump in the first days of April 2019. This uptrend finally put the Ichimoku cloud into a bullish position, showing signs that the previous downtrend...
BTCUSD Has slown down after hitting resistance twice, and volume is dropping fast too. The MACD death cross would seem to indicate the uptrend is over and a reversal is about to happen. The loss of momentum also would indicate that. I expect BTCUSD to drop below the previous support line and hit the Senkou Span B, a breakout is posible if bearish sentiment...
BTCUSD has shown an impressive uptrend in the last weeks, but the momentum is starting to wither as we approach the 10K resistance. A very strong zone of resistance as is a very powerful psychological number, not only around number but a 10. The hanging man that is being formed during this week (27 may - 1 jun) is a very clear indicator of the uptrend coming to a...
ETH:USD has shown solid growth and fundamentals, as a TOP 5 coin, it is extremely correlated to BTC:USD price and will react extremely fast to any movement by BTC. Right now ETH:USD has shown very solid growth since March 3, as BTC:USD has also shown to be quite solid after breaking through the 4000 resistance and forming support around the same price. ETH:USD...
ETH:USD Has shown pretty good growth in recent days, as a TOP 5 Coin its price it's extremely correlated with BTC and very fast to react to BTC price changes. Right now ETH is looking quite solid after completing a MA cross and maintain it's level, there is plenty of room for an upward swing if BTC continues the current trend. Opening Long position at 141,...
Litecoin has gone too far in a bear market, a correction is expected as the rest of the market is not rallying as hard. At least a -10% is very likely at this current point, I will open a short position for LTCUSD at $42.70 with a target of $38.20
Previous pumps in this range have been followed by at least 12% Drops, trading against the trend during bear markets is particularly dangerous, As the whole crypto market is not yet showing signs of building momentum, another drop is the most likely scenario, I will open a short at 3620 and set a target of $3330 (this is an 8% drop, it's better to play it...
ETHUSD continues losing momentum, a shooting star is probably forming on the top of the uptrend, volume is going down and BTCUSD is also losing momentum, this can mean that ETHUSD is about to dump towards the previous $100 support. ETHUSD has grown too much in a very short time, but the crypto market is still bearish as a whole, as we continue moving towards...
ETH has shown some bullish signals (MA cross, upwards momentum) But it has lacked the strenght to continue this uptrend towards $200, this is because until BTC starts a bullrun the rest of the altcoins won't be able to gather enough momentum to truly start a bullrun of their own. This can only mean that ETH is losing upwards momentum and will start a downtrend...
Finally, after an important downtrend BItcoin is starting back on the path upwards. A double bottom and lack of seller momentum combined with a MA Cross probably shows that the downtrend is coming to and end, the increase of buying momentum and the slow but steady recovery of investors trust are the 2 biggest indicators of a reversal. The RSI also shows a pretty...
Currently we are experiencing an extremely narrow trading. range so far, still there are some good opportunities for profits, the last pumps have shown that LONG positions may still be profitable with conservative enough stop positions.
Right now we are at a Critical momoent for BTC, the massive influx of FUD we had this year from the big players in the financial world has created a lot of ease for downtrend reversals to happen, as momentum is more easily gained when going down (with social media posst of CRYPTO IS DOWN SELL EVERYTHING) causing chain reactions of selling. At this point the RSI...