laclance

laclance

Bitcoin has been trending down for almost a year now. we had a good run up from the low and hit strong resistance close to 7000. That together with the global pandemic and drop in traditional markets and the global economy I expect another down move and the charts agree. On almost all time frame price action is looking bearish. Almost every indicator and moving...

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It is no surprise we are pulling back now after almost doubling in price over the last 2 months and reaching the 10/11k resistance area. We will likely continue heading down for a bit. The RSI, MACD and DMI are all confirming more downward movement and we are also printing 3 black crows (the last 3 daily candles) which is a bearish pattern. The lower time frames...

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The 4H closed below the 100EMA, with the 20 and 50EMAs now crossing to the downside. Price as well as the RSI are breaking support. MACD and DMI are confirming more downward movement. With a stop loss just above the last local swing low and well above the 100EMA and a target at previous resistance zone and 200EMA we have a good trading opportunity with a 3 to 1...

laclance

Price continues to make new lower lows with lower descending triangles and created a double top when failing to break strong resistance and current descending triangle line at 6800. RSI and OBV following the down trend of the price and the MACD is about to cross to the downside. Good opportunity for a short with T1 at 6200, T2 at 5800 and T3 at 5000 with stop loss...

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The price bounced just above the MA100 for a good short term trade and will probably reverse to the downside again after reaching the major trend line or the 50MA between 7k and 7k4. I do not think the bounce was strong enough to take us higher than that or that the bear market is over. Once we start coming down we will either move slowly and reverse around the...

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Price is forming a nice double bottom with slight divergence in the RSI. If we can close above 750 it should indicate a trend reversal to the upside.

laclance

Price has broken out of the down trend, if today closes above the trend line that will be a good indication for further upside. There is divergence in the RSI and it is still moving upwards along with the MACD. Moving averages look like they are ready to turn up. So more upside is looking probable, as long as BTC does not crash.

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Price is refusing to break strong support just above 210 and even if price goes up to the lowest major resistance it gives a very good risk to reward ratio. RSI is rising and CMF has turned positive for the first time in a while on the 4 hour chart.

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Wanchain main net 2.0 is being released on Saturday and price looks like it is getting ready to break out of its down trend. MACD is crossing over and RSI is coming out of the over sold zone. I have marked the resistances I will be aiming for, based on fib levels, in red.

laclance

Bitcoin rising slowly, forming an ascending triangle on the 7800 resistance. MACD and RSI showing possible uptrend movement in the short term. Hard to to tell what the market wants to do though. If we break over 7800 we might just reverse at 8000. If we break 8000 we could reverse anywhere up to 10000 or maybe even 11 or 12000. If we break below the current...

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Price is action looking good, with a bullish pennant / ascending triangle looking to breakout. Moving averages, RSI and MACD showing reversal signs. I still believe we are in a bear market and there is not much volume at the moment so could see a reversal again to the down side anywhere from around 7850 up to 10 000.

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ETH to USD making new highs and looking very bullish. ETH to BTC seems to be signalling trend reversal and ready to break out the current down trend. Could give better targets over trading to the dollar. Depending on the price action of bitcoin. First resistance is at 0.06, if a candle closes over that the next resistances will be around the areas marked...

laclance

Was deciding what to make of bitcoin, thought i would share some of my thoughts because the uptrend is just crazy, still looking bullish to me, guess I'm holding until it breaks out of the current channel. RSI is over sold on the daily, I think we might see close to 22000 USD soon.

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Power-Ledger has broken out of the down trend and gone sideways, now hovering around the over sold area. It has met major support, forming higher lows and higher highs. Still a relatively low market cap, I believe it will go up if it stays above support but you could wait for break of the 5000 satoshis resistance and this will still be a good entry for the...

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Possible uptrend channel. Price has closed above 0.2 indicating bullish confirmation. If price holds around 0.2 we could see our second target of 0.32 very shorty, even up to 0.35 if you want to be risky. If price goes down we might see it drop close to 0.15 WARING: Please be careful if following this trade, the market is very unpredictable at the moment and I...

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Ripple not really moving compared to bitcoin but seems like an ascending triangle could be forming as price bounces off the MA 150. MACD and RSI also show signs of reversal. Please be careful if following this trade, the crypto market is unpredictable and I am still new to trading. If you like my idea and hopefully make some profit donations would be much a...

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Bitcoin at a key level now, if price can break out above down trend then we could see 17000 very quickly again, if not then next support will be around 11000. Please be careful if following this trade, the market is unpredictable at the moment, futures markets opening today, and I am still new to trading. If you like my idea and hopefully make some profit...

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Stellar seems to be bouncing off the MA 200 and forming an upward channel. MACD and RSI also show signs of reversal. Profit can be taken at resistance around 800 or held for around 1400 satoshis. If price drops below upward channel around 450 then I believe price will go down and can look to buy again at previous support of 300 satoshis. Please be careful if...