kryptokens

kryptokens Updated 

Hello fellow Cryptonians, looking at the 4 hour BTC chart, an upward channel (in blue) has formed over the last couple days. Currently we are testing the bottom of the channel at $4000, price has held previously at the $3900 and $3600 levels. If we continue to follow this uptrend we will bounce off the bottom of the channel and retest our last high at $4280 and...

kryptokens Updated 

There have been many posts on Tradview showing that we are nearing the bottom. This can be seen and strongly supported by the weekly RSI, volume, moving averages, short squeeze, and historical support around the 3 k level. Before we reach this "bottom" though we will need to retest the 3.6 k level, if the support does not hold we will see BTC drop down to 3 k....

kryptokens Updated 

As Bitcoin is creating LH and HL, it is slowly squeezing and preparing for a big break out. If the price fails to bounce up off the support line, Bitcoin will likely break down and retest the support zone. With Volume trading bellow its 20 MA, the RSI slowly decreasing toward the bottom of the channel, and the 14, 32, 50 MA nearly converging all the signs point...

kryptokens Updated 

Looking at the daily, XRP has created a descending triangle which is a continuation pattern of the correction that XRP is currently having. Taking a look at the Fibonacci from XRP's last big bull run to $0.78 the floor of the descending triangle has formed at the 0.62 support line. Assuming that the descending triangle follows a normal pattern, we will see XRP...

kryptokens Updated 

Last weeks Tether FUD caused Bitcoin to spike in both volume and price however the price was rejected at the $6680 level and $6790 our first and second resistance line respectively. Now it can be seen that a bull flag forming. As the 30 and 50 MA start to converge it is a great place to break out and retest our resistance lines. The key influence at this moment...

kryptokens

We have been in a bear market all of 2018, and the last month has been nothing but boring seeing that Bitcoin 0.12% has had little price action. Bitcoin 0.12% has been unfortunately been been trading sideways within the descending triangle . However this up coming week will determine whether we will be bullish or bearish in the midterm. If we close above the...

kryptokens

We have been in a bear market all of 2018, and the last month has been nothing but boring seeing that Bitcoin has had little price action. Bitcoin has been unfortunately been been trading sideways within the descending triangle. However this up coming week will determine whether we will be bullish or bearish in the midterm. If we close above the descending...

kryptokens

We have been in a bear market all of 2018, and the last month has been nothing but boring seeing that Bitcoin has had little price action. Bitcoin has unfortunately been trading sideways within the descending triangle. However these up coming weeks will determine whether we will be bullish or bearish in the long term. If we close above the descending triangle we...