Moving averages are crossing over giving us a long signal on TRX. Look for a entry at the specified area ONLY if it hits the short term target first. (And check with the Godfather, aka Bitcoin to make sure we aren't hanging onto the edge of a massive precipice.) TRX has announcements in the works right now that are likely causing this push up. As news is...
Litecoin seems to be stuck under a confluence of major resistance from its .618 Fib area and it's moving averages. The .618 area (Around Mid 190.00's to 200.00) has been both support and resistance a number of times since the beginning of 2018. As long as it stay in the RED histogram area, and under the green moving average line we are going to continue see a push...
BNB may be the most under valued coin on the market considering the fundamentals. For starters, they have a working product (Binance Exchange) unlike 99% of so called crypto projects. Here are a few reasons why I think $100 BNB is a high probability within 6 months. Binance Chain: support.binance.com Binance Decentralized Exchange: cryptoslate.com Binance...
Trying to trade BTC purely based off technical analysis right now is madness! The best strategy I have found is to start scaling in entry positions below support areas that it previously bounced off of. What's most frustrating about BTC's current temperament is that ALT's are starting to break out but at any moment BTC can ruin what could have been a great trade....
BITFINEX:LTCUSD When is Litepay going to pour fuel on this fire??? Last time LTC dug itself out of the RED (231 MA) it was in the $50.00 range and held a nice steady uptrend (100% gain) until it broke $100.00 at which point it had a 270% moonshot to its all time high. Should history repeat itself we would be looking at a climb out of the RED from $195.00 to...
Anybody else wondering what's next for Bitcoin? I am optimistic for support levels to set up in the 20K range over the next few months unless the selloff continues. If it does continue we may be looking at 10K support levels in March. Any thoughts on where Bitcoin support ends up next?