The we have a Triple Top Pattern and not being so different from Double Top Pattern, it is a clear indication of sell! Downtrend line show a possible resistant zone, too. Stochastic RSI show-us a little bit of space towards an upward movement; however, we are near of the closing of this week (at the moment of this post it is AUG 3rd, 2017) on Aug 4th. So,...
It was requested a little thought about this asset, which is USIMINAS (USIM5). There is not too much to say based on Daily time-frame; but, here it is: As it is possible to see, we are facing Double Top Pattern , which has as its characteristic a reverse movement in price. StochasticRSI shows us that we might have some space for more upward movement of this...
This is a Brazilian asset that somebody required-me to show off my ideas. So, here it is under the Daily time-frame including some notes on the chart. Let's see how it will play =D
It is a little bit late for this post; but, here it goes! For the actual moment 4HRs time-frame does not show entry opportunity for long positions. Moreover, we are on all time high (ATH) region, which means that higher price can be reject due to 'take profit positions' from market. Taking a closed look on the chart above, which is based on divergences, it is...
Here it is an idea for Litecoin in 4HRs time-frame. The chart is a little bit noise; but, it is possible to get trend's idea (pitchfork) and possible targets (pivots and previous top). It is notable that EMA 50 had crossed EMA 200 recently, showing that yet it is possible to buy this asset in this present moment. HOWEVER, RSI clearly shows a HIDDEN BEARISH...
It is possible to see that Ichimoku Cloud DOES NOT show great conditions to take long positions. So, for those whom are a little bit in a hurry, this actual moment is interesting to try E2E (Edge-To-Edge) cloud strategy with a short target around 12530Satoshis. However, for those whom are NOT in a hurry, this is a interesting moment to risk a long position in...
That is it, guys! These are some targets that I could see based on Fibonacci, Trend-Based Fibonacci, Ichimoku Cloud, Pivots and Symmetric Triangle (thanks @Spideycrypto)! Now is up to you guys whether you are going short, middle or long term =)
I fast analysis from NEM crypto-currency (XEMBTC) mainly based on Pitchfork trend, where Pitchfork is all about to respect the zones blue and green, and lines such as median line, bottom and top blue lines and their intersection between the blue and green region. So, bases on 4hrs time-frame it is possible to see that we have a interesting trend. Until it is...
Here it is another possibility for the targets based on trend and divergences for Ethereum Classic / Bitcoin. Other idea based on Ichimoku Cloud can be see below:
Long-entry signal based in 1hr time-frame and Ichimoku Cloud do not show entry- signal yet; however, lower time-frame (15min) shows entry for those whom are in a hurry. For divergences and other possibilities, there is bellow another study regarding to that:
Ichimoku Cloud system is focuses on equilibrium, moving averages, and dynamic support and resistance zones. So, for a instance when you look fast for the actual moment for this asset, it appears that it is possible to make a entry; however, there are three things that highlight-me a no-entry: The Lagging Span IS NOT above the price, the price is between ...
Looking the chart above it is visible that Ichimoku Cloud still showing that Bitcoin is in a bullish momentum, and as described above the Pivot R3 and R4, which represente support and resistance respectively, match pretty much with Trend-Based Fibonacci Extension that is given by the pointed yellow line.
Showing firstly a new trend provided by Pitchfork . Summarize little bit, Pitchfork is all about to respect these zones (blue, green) and lines (median line, intersection between blue and green, and the extremity). So, if the market respect the trend given by this tool, this Pitchfork will be a great way to be followed. Notice that the price touches specially...
Bitcoin Liquid Index (BLX) calculates the average BTC/USD price in one unique chart. It contains a reliable fair price for Bitcoin based on the majority of trusted real world trading activity at the following exchanges: Bitfinex, Bitstamp, Gemini, BTCC, BTC-e, Coinbase, itBit, OKcoin International, Kraken, Coinsetter, and MtGox. (Ref.: bravenewcoin.com ) So,...