Yeah! the price falls are demotivating, so many smart traders losing money yet no one is giving up just yet, everyone has hope that there are better days to come, of course, this is me thinking out loud. The vision of crypto is so versed that the price shake outs should be seen as motivation. Asides from the bad press news about regulations, scam ICOs, and end of...
Fcmb is in a falling wedge, and in a perfect opportunity for buyers to buy between N1.50 and N1.53 has acted as a perfect support, reaching the apex of the wedge we will see a break upwards, as there are many closer supports and price is already at the apex of the wedge and ready to go upwards
Cadbury Seems to be in a state of supply exhaustion, the support at N7 should hold meaning that the stock is being accumulated at that price, still watching it closely, I will rather wait to buy within N7-N7.5
Looking at the chart on Bitfinex from June 28th, 2018, the price has been bouncing off the same support line, that has kept the rate above $6000 for three months. This price support won't necessarily mean accumulation lets not assume this but look at the wave movements when the price hits this support line. We observe that there are three noticeable waves which I...
In the daily chart the rise from $6327 to $7585 close in three days a 20% BTC rise which resulted in the breakaway from $6800 strong resistance, the last three times there were over 20% rise in BTC this year;from April 10th to April 12th a 21% rise the price went up to $10,000, on Feb 14th to 16th a 21% rise the price peaked at $12,000, lastly 31st Dec to...
Bitcoin has been following the same flow sequence since Jan 6 , every 6th of the months Feb, Mar ,Apr ,May , and following this Sequence it predicts that June should have an upwards momentum , but not until the decending channel from 6th of May ends on 6th of June. Now in the last week of the decending Channel it points that we might hit $6300 before and upwards...
Broke out of the falling wedge slightly but seems it can not get past $13. $13 will be a perfect price to short if it gets there. looking at $6 -$7 perfect long opportunity. I know, I was formerly bullish on EOSUSD in my previous chat, I thought we will break out for good but I assumed a lot and didn't pay particular attention detail. In trading you aren't...
NEOBTC to get back to 0.006 then panic sell to lows below 0.004 before true accumulation begins.
OMGUSD seems looks like its about to form a cup and handle partern , its more likely to retrace back to 13-14 range before heading up again which might get a strong resistance in the 15$ price range
As much as the Price remains above $12 it is still very bullish, the Wyckoff distribution setup ended at $12, after fake ascending triangle and now an asymmetric triangle, bulls are really daring the bares with this one. added longs at $12, $13 and now $14. A break above $16 is imminent and will be given up my $13 and $14 positions. May let it play till it gases out.