filipbronola

filipbronola

Expecting the price to reach between the 0.5 and 0.618 fib retracement levels around 230/237sats where we could see the price turn around to continue to follow the down trend of the correction. This could happen sooner considering the RSI on the 1hr is already close to the overbought zone. Wouldn't be making any long trades in this area unless we break above the...

filipbronola

On the weekly timeframe, we have had 3 wicks that touched the descending resistance, BTC MACD is losing momentum. Are we blind or what? It's literally a matter of balance. Number go up, now slowly number go down. Then number go up again, then down. No crazy PHD in market analysis is necessary. Big triangle, big resistance, big move up, needs a decent move down.

filipbronola

As I see it, altcoins often help us to see the movement of bitcoin as well. As ZIL could continue down reaching a new lower local low. Hold your dollars. If you bought the dip and sold this top, well done! As for now, we need to watch patiently. BTC's fakeout may have flipped a lot of people bullish but things are looking rather dicey. Have your money ready in...

filipbronola

Drew this neckline a few days back and it seems to have respected it after two tests, one of which was a quick test today. I would say sit back and relax before FOMOing into this coin. Take your profits if you had any. If BTC breaks $9k, ZIL will dump with big investors taking profits from ALT coins. Same reaction that happened when the stock market went down in...

filipbronola

Not sure why people can't see this coming!!!! It's so obvious!!!!!!!

filipbronola

Our current downtrend from the past few hours seems to be respecting a downward resistance formed from some of the previous peaks earlier in March and February prior to the big dump. Just an observation!

filipbronola Updated 

First and foremost. I'm not a skilled and experienced trader by any means and have no professional experience in the field. However, what I'm seeing and piecing together I just feel that I need to share because the bullish sentiments floating around right now seem to be missing the bigger picture. My chart might seem funny and basic because it most certainly is,...