cryptodiggy

cryptodiggy

EOS/USD chart technically looks very strong for a move up IMO it's built a really nice base and the previous resistance became support If we get an alt rally (which I expect), and potentially some sort of announcement on the 1 year anniversary from EOS from something big, then there could be a really big move up in EOS like we saw last year #notfinancialadvice

cryptodiggy

Been expecting ETH to move higher, but especially now that BTC had a big rally, I think ETH (and other alts) are looking like they want to move higher. Wouldn't be surprised to see ETH at $300 in the next few weeks. #notfinancialadvice

cryptodiggy

While the news came out today about the investigation into Bitfinex/Tether, there was already a negative RSI building before the news broke, indicating a likelihood of a drop. Currently BTC is still holding in the channel, but a drop below it could take us to 4500 or even 4200 in the short term. #notfinancialadvice

cryptodiggy

Combination of factors that are warning signs right now. Negative RSI divergence on Daily. Had a golden cross, but usually there are pullbacks in price at the point of a GC before further upside continues. Of course the big pump recently that brought us above 5k levels. It could still go higher, 6000-65000 is possible, but a correction/pullback could occur at...

cryptodiggy

Seeing a golden cross on the daily ETH USD chart should be a long term bullish signal, meaning that for the next several months prices should move higher on average for ETH. LTC experienced a golden cross several weeks ago and prices almost doubled from that point on. Will ETH achieve the same results? #notfinancialadvice

cryptodiggy

Just a snapshot of the daily LTC chart against USD and how previously golden cross and death cross proved to be strong indicators for trend changes. If the recent golden cross provides the same result, we're in for much higher prices in the coming months. #notfinancialadvice

cryptodiggy

S&P500 had an incredible rally back up since Dec 2018 lows (artificial but let's not get into that). It seems like another negative RSI divergence is forming and that gives a good probability of resuming the downtrend, and perhaps really starting the next multi-year bear market? #notfinancialadvice

cryptodiggy

Negative divergence on dax resulted in sharp drop, then a reboud which is now back up to previous support now turned resistance. If that resistance holds, theres a good probability the downtrend will resume (and time may reveal a bear market) #notfinancialadvice

cryptodiggy

We're seeing a Golden cross (50 up through 200MA) on daily chart on LTC, typically this is a longer term bullish signal meaning that in the coming months LTC should move quite a bit higher. #notfinancialadvice

cryptodiggy

It seems BTC price action is creating a wedge opposite to the large one that resulted in a breakdown in Nov 2018 with the BCH fork drama. So, there's a good chance that this time we'll break up and head higher towards the 200MA this time hopefully around $5000. #notfinancialadvice

cryptodiggy

On RVN/BTC there's a very clear negative divergence forming on the hourly. Price has run up virtually 100% in the last week, pretty much without stopping, and defying the rest of the market (moving in isolation). Previous times we've seen isolated moves, the price has come back down again, and combined with the hourly negative divergence. I'm looking at shorting...

cryptodiggy

I'm seeing a positive RSI divergence on ICX/ETH, as well as noticing that ICX seems to be underperforming a lot of cryptos over the past few weeks. This looks like a good potential long opportunity on this pair at 0.001688 with target possibility of 100% gain in the next few weeks IMO #notfinancialadvice

cryptodiggy

ETH looks like it still has a bit further to run up. It has made a higher low and I think it should make a higher high, but it'll likely run into resistance with the 200MA at currently around the 180 USD level. Still far from a bull-market but reaching the 200MA would be a good sign for confirming that a bottom is in. #notfinancialadvice

cryptodiggy

For a while now I'm expecting many months before a new bull market starts, perhaps even as far as the next halvening around mid 2020. However, just comparing current bear to 2013 bear in time, if it were to repeat, the minimum would be until September 2019. Also makes sense as a lot of the institutional infrastructure will be coming online in the next 6-9 months,...

cryptodiggy

Bitcoin is looking bullish to me in the short term, but we're far from a new bull market. If we can somehow get above 4500, I think there is a clear path back to the 200MA around 5800. If we can see a sustained move above 6500, I think we could start a new bull market, but that's something to revisit in future. For now, let's see if we can get a run up to the...

cryptodiggy

Based on positive RSI divergence and just being very oversold, I see a possible rally back to around $4700. However for me to become bullish on BTC again, we'd need to break and sustain 6500, which is both above the daily 200MA and of course the 2018 support of 6000-6500. I think 2019 is going to be a good year for crypto once again, especially with all the...

cryptodiggy

Looking at the log chart of Bitcoin on the weekly, there seems to be a lot of support at current 5500-5000 levels. It'll depend a bit how the trendline is drawn, but I'm thinking that we can't be too far off a bottom. Whether there is still a flash crash capitulation coming or not I can't say, but time-wise I'd say we're real close. #notfinancialadvice

cryptodiggy

It's possible that due to the incoming asset layer launch on 31 October 2018 we could see another move higher with RVN, especially if it ends up following a 3 ascending trendline pattern. This could put it somewhere in the vicinity of 1300-1500 sats, possibly in as little as a week from posting this. Disclaimer: not financial advice