As we can see in the chart, ETH broke above the resistance line and started growing. Out next target is at 1330+ levels. I believe that we will reach there soon. Opening long positions might be reasonable. Share your thoughts on my idea in the comments section!
Dollar Index looks like it is ready to test the upper resistance at 90.80s. However, taking the current situation of the US into account, I don't think it will be able to break above that and start going all the way down to 88.55s. If it ever breaks below that, I think we will be seeing a huge blowout both in stock market and cryptocurrency market. Share your...
As we can see in the chart, RSI is in the overbought region for gold. However, we also realize that gold has broke above its descending channel started growing up back again. Thus, I expect it to go down to 0.618 levels and start gaining more power to another run. After that, we may expect the price to go up to 0.786 levels (1988). Share your thoughts on my idea...
As we can see in the chart (it is more obvious in the hourly time frame), Bitcoin has returned to its original ascending triangle. This made the previous 'confirmed' breakout look like a fake breakout. Now, we can expect a pullback period before making another run above 35k, or a horizontalish movement along the channel. Please share your thoughts on my idea in...
As we can see in the chart, ETH's graph is smiling at us which should be a very scary thing. We have formed a double tops (M) formation and this might mean that ETH may go for a correction very soon. People need to be ready and stay away from opening long positions. Share your thoughts on my idea in the comments section! My ideas are not financial advice, you...
As of right now, since the market in extremely volatile, I have no idea which direction eth will be headed to. But I think we will be seeing a decisive movement in the upcoming hours or so
BTC.D has been destroyed by alts led by ETH for 2 days. If we ever go below 67-66 levels and close the daily candle below that, I expect alts to produce 10x 20x or maybe even more. Share your thoughts on my idea in the comments section!
Litecoin got rejected from 1.618 fib area. I expect it go down to 150s before making another breakout all the way up to 200s. However, its movements are highly dependent on Ethereum and bitcoin, thus if they go for a huge pullback, Litecoin may not survive that. Share your thoughts on my idea in the comments section!!
As I predicted in my last idea on bitcoin, we gave it a break in order to rest and gain more power and volume to go higher. Right now, we are at the intersection area of bitcoin's older ascending channel and the novel descending channel. In the upcoming hours, we might see a decisive movement in bitcoin. Share your thoughts on my idea in the comments section!!
Good morning fellow traders, As we all know, ETH did the unimaginable yesterday. We grew from 770s to 1100s. This is all good and heavenly until we realize the pullback coming after this. ETH traders have to be extremely careful nowadays. This much of a breakout might end in a bigger pullback. I expect ETH to go down as low as 800 in the upcoming days and then...
ETH has broke out of its ascending channel and formed another ascending channel and guess what?? It broke out of that too!! Now it has touched 900 on Binance and got rejected really strong all the way back to 880. Both stochastic RSI and RSI is the highest level possible (100) at the hourly and 4-hour time frames, so there must be a consolidation period soon. I...
Litecoin has reached the target I precisely pointed out in my previous idea. Now, I expect it consolidate a little bit since stochastic rsi is at the highest level and showing signs of retracement. Thus, we probably will see 140 before starting to grow again. Please share your thoughts on my idea in the comments section!
As I predicted in my last idea about eth/btc, we reached nearest historical support. However, right now eth/btc is dsplaying signs of break down below this support line which would be a disaster for ETH and therefore all of the other altcoins. We should hold on at this level and start growing. Please share your thoughts on my idea in the comments section!!
BTC.d has broke above both the historical resistance (73) and the ascending resistance trend line. Therefore, it doesn't seem like it will break down below 73 levels soon. Altcoins need to wait a little bit more to give 10,20xs. Bitcoin has all the spotlight right now. Please share your thoughts on my idea in the comments section!
BTC has been going up for days now. This has become an unhealthy trend. We need to see consolidation or pullback immediately. We are the nearest resistance and RSI is in the overbought region right now, thus I expect a pullback to 33.3k levels which would create a buying opportunity for those who are about to miss the train. Please share your thoughts on my idea...
Since last night's breakout, we found ourselves an ascending channel in ETH. If we can hold on in this channel, we might reach the nearest resistance of 840 and maybe after that we might go for a little bit horizontal movements or a minor pullback. Please comment down what you think of my idea!
As I predicted in my previous idea, after LTC broke out of symmetrical triangle, it started growing and right now it is near our target of 148. After settling at that level, we might looks for another trade set-ups to follow. I believe that following a little consolidation, LTC will keep growing. Please comment down what you think of my idea!!
As I predicted in my previous btc.d idea, we just hit the resistance line. There is only 2 way out of this: We either gonna have a pullback to 0.786 level and it'll give alts some place to breathe (ı think this one more likely to happen) or it is time to close trades in alts and focus only on bitcoin. Please share your thoughts on my idea!!