Morning everybody, i have been very very slack on posting my thoughts and commentary on $BTC over the last months due to real life commitments. Let's get straight into it. As we can see on the 4h chart, $BTC has been sliding down since the news (or no news?) of cryptocurrency regulation from G20 back on 19 March. The $BTC slide started from $9.032, consolidated...
An early inverse H&S based on the current price action. Target will be $10,800 to $11,000 should the price breaks out of the iH&S.
So today i decided to look at a coin that broke up a few days ago (i didn't get in before the call), The Hemp Coin or $THC. At a high of 1290 Sats 1 day ago, it has dropped about 50-55% of its value to 500+ sats today. I will be looking at the market trend now. The horizontal dashed line is a support/resistance line that has been tested and proven itself many...
Hello Cryptoverse, Cryptoyivves back this evening to give you a heads up on none other than $XLM! As you can see, $XLM is currently in an uptrend and based on the close of this candle (i'm hoping that it is above the cloud), I can see the bulls are coming back to $XLM. Hope you guys have bought in earlier!
Cryptoyivves here again, now talking about $IOTA. IOTA seemed to be picking up steam after the recent bullish run by $BTC since Friday night. However, after testing 0.500Fib yesterday at 11am, it seemed like it will make a U-turn back down. $IOTA went back down past the 0.328Fib support (to much of my dismay), but was stopped by another upward trendline. Volume...
Hi all, Cryptoyivves again! It seems to me that BTC looks like it's heading back down to "buy and HODL" levels based on the downward channel that we can see here. With Lower Highs and Lower Lows, we can expect BTC to drop at least to the $12,500+ mark. For those who bought in earlier, I would recommend to HODL unless BTC breaks out of the bottom channel. For...
Hi all, Cryptoyivves here again. After yesterday's crazy bull run by BTC, most if not all altcoins are down double digit percentage points. Let's now look at the recovery by some of the more well known altcoins starting with NEO. As we can see here, NEO is recovering somewhat nicely, blasting through the 0.236 Fib easily 4 hours ago. However, the last 3 hours...
MACD showing a cross soon, with current close near SMA10. If the next close is above SMA10, we will be looking at an upside for $IOTA.