Komodo has a recent golden cross with an average (15 MA) volume higher than ever before on Binance, even more so than the height (and great fall) of the market around 20k USD. Like all golden disbelief rallies, a lot of sheep will sell (out of disbelief) causing a retrace to a *higher* low, which will finally inspire smart money to start pouring in, exciting the...
Simple TA is all one needs for long-term swings. Get ready.
With the massive increase in volume comparable to the average volume with saw early last November, not to mention the strong possibility that we form a higher low, I think Ravencoin might be preparing for a nice little push up to near 515 satoshi's before retracing back down to around 415. Also, we are about to form a golden cross on the 4-hour chart.
ADA has had a golden cross vs. BTC, and as you can see in this chart, it is ready to cross vs. USD. On both charts, the volume is higher than ever before, and we have broken through more than one significant support/resistance lines. Below you can see the chart vs. BTC
Golden cross just occured for EOS vs USD. If we find support at or above $4.62 (previous long-term support), we can be sure a nice rally will follow! However, it might just skip finding support around $4.62 and go straight into a small to medium parabolic move, returning to find support at another previously strong level that coincides somewhat with one of the fib...
On the daily chart you can see a clear increase in trend angle to the point that this can easily be called a parabolic move. It could still move higher but as soon as the most recent trend angle breaks to the downside with a candle's open price, we can expect to see retracement to one of the fib levels followed by consolidation before we move higher or...
Using the bollinger band (15,3) and the WMA (15) that is part of my Fib MA script, on the daily chart you can see quite well the crossing point of those often represents a trend reversal in a small swing-level move; more of a slightly lagging indicator however, but in some cases along with using volume/momentum it can call it early enough to catch more than just a...
If the market pushes below the 3200 USD level, and then fails to break back up with volume, I expect the market to fade down until suddenly momentum/volume spikes and price starts dropping. News would set in and spread panic, getting all the last on-the-fence investors of any cyrptocurreny to close their positions and expect the price to continue dropping. When...
As you can see here, shorts are low and are bound to spike up sharply while the price tanks; likely within the next 1-16 days. We are either going to see a second bottom just over $3000 USD or a rollover into a new low somewhere between $900 and $2000. After this we can look forward to a great trading channel forming while the market prepares for a supper's rally...
Seeing how the market has broken such a big trend support (beginning August 17th, 2015 ; broken on November 19th, 2018 for the first time) and how the market is still uncertain and scared in it's behavior, I think $3000 BTC is likely, with a panic wick (on the monthly chart) going as low as $1000. Considering the strongly broken long-term uptrend, I also think we...
With soybean exports down by 94% due to the tariffs, and the depreciating confidence throughout the world in the USD, we should see a huge recession in the Dow Jones over the coming months.
From what I can tell, this upward movement has been a retrace and not a trend revesral (in the bigger picture). This is a quick analysis of the recent market movements and should NOT be used as financial advice. I am likely to be wrong and so this is mostly for just tracking purposes.
The BNC Bitcoin Liquid Index combines the chart data from some of the biggest and most liquid exchanges that trade BTC directly to and from fiat currencies (mostly USD). bravenewcoin.com This log chart depicts general support lines using blue lines, and the three large scale market cycles we've seen in bitcoin, as well as one smaller cycle (D) that is kinda more...
The market has built itself a short-term 2% trading range at what is currently being retested as the bottom for this market cycle. I don't think we've seen our capitulation candle (thinking of weekly capitulation candle just yet, and it will likely be very dramatic of a candle. On the daily chart we find ourselves in a downward-angled channel that appears to be...
Just based on TA with general targets and considering the last two retraces this century I think there is a high chance of possibility we go down to meet one of those supports at some point. The market may push up and retest the current ATH, but failing that we could see a pretty significant downturn in the stock market. This may be influenced by mass adoption of...
As the market obediently heads towards the apex of the descending triangle, any bullish breakout risks influencing the bears to scurry away faster than you can say distributed ledger. There is always the chance we have a short storm / dump right before a bull run, which *could* lead into a descent into the 5k and even 4k range; but history indicates that there is...
Based on general trend analysis, and the fact that Canada has so much fresh water (which will be a very scarce resource in the years to come), I believe that the Canadian dollar will slowly but surely overtake the US dollar during the 20's.