Hi Everybody welcome to this brand-new analysis! In my previous analysis I mentioned: We are forming a potential right shoulder (or already formed it), to complete a big head and shoulders pattern which would be invalidated around the 5348-5480 area, this pattern has a target of approximately $4200. That one failed after we broke $5348. My analysis was off on...
Hi Everybody welcome to this brand-new analysis! In my previous analysis I mentioned: It would be healthier if we retraced back to the breakout zone (probable support boxes) at around 4400-4168. I still stand by those targets, but I also see potential support areas forming around the $4850 area, with the 0.382 retracement + daily 20 EMA sitting there. A little...
Welcome to this brand-new trading week! Last week I mentioned in my previous analysis: ''I introduce you to the weekly chart of BTC, we are currently at critical resistance just before the weekly close. The price of BTC is approaching the 50 EMA (orange) and the 100 EMA (blue), so I think the upside is limited from here.'' Well that has played out nicely, on...
Hi everybody! I introduce you to the weekly chart of BTC, we are currently at critical resistance just before the weekly close. The price of BTC is approaching the 50 EMA (orange) and the 100 EMA (blue), so I think the upside is limited from here. I n our last analysis, we mentioned: So how are we going to play this? Earlier tonight we closed our shorts from...
Hi Everybody, I hope you've all read the update on BTC before the dump yesterday, to protect your profits/positions! Either way, we've nailed it and made around +15% on our short positions. After making +30% on our long positions! Volatility is the key to making money in the markets, and boy we've got some volatility alright! In our post yesterday I mentioned...
Hi everyone! Quick Update on BNB: We took an entry at the green box at the $15.7-$16.00 range, and after +- 14% took 50% of the table for some juicy profits juicy profits. Raised our stop loss for the remaining position to 16.7. So basically, we are enjoying a free ride in the Binance rollercoaster! Eyeballing our second target at 20.4 for another 14% gain! For...
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Hi everyone, let's get into TRON. First of all, there is a lot of noise surrounding TRON. We had the tesla giveaway bullshit scam rumors and more. Just look at the charts they've got all the stories you need to make money! So what is the chart telling us? We are currently testing 0.61 overhead resistance of a big triangle. After confirming support on the golden...
Yesterday's move was clearly a fundamental one with the announcement 17 hours ago. Basically they have implemented a staking/lottery system which gives BNB even more intrinsic value. We bought BNB back in December between 4 and 5 dollar because we believe in IEO (Initial Exchange Offering), so we are just riding this trend and wait for clear bearish signs. Zoomed...
Yesterday's move was clearly a fundamental one with the announcement 17 hours ago. Basically they have implemented a staking/lottery system which gives BNB even more intrinsic value. We bought BNB back in December between 4 and 5 dollar because we believe in IEO (Initial Exchange Offering), so we are just riding this trend and wait for clear bearish signs....