Here we have drawn using simple lines to show the difference of these main crypto pairs Bitcoin is the orange thicker coloured line Ethereum is the light blue coloured line and respectfully Litecoin has its silver coloured line in place here too going to use this a reference educational chart for BTFD members and others
quick chart to show some important changes with the indicators after the lil boom towards $7k mega squeeze or does this have momentum to go higher? gotta close above 6800 on the daily to get bulltarded dreams back again the nice collection of rather swish indicators showing a very good signs of a change towards the upside and further gains would bring a golden...
Some positive action from Bitcoin rasies the market spirit and some of the alts too here is BTC in four of the main trading pairs with fiat been a nice day for scalping, golden crosses about to form CoP indy moves bull mode and 7,500 area would be next bull target looking positive to move up more, will be a slight pullback i expect but nothing to harsh if it...
So as the USdollar/DXY index has been pushing towards the highs of late 2017, obviously Gold will start to drop as its in direct correlation with each other, DXY up = Gold down and visa versa So what a lot of traders are hoping for is a decent reversal which could bring some nice gains on Gold We have some important levels to stay above for the DXY to remain...
As we inspect oil prices after last weeks strong USD forcing Oil to come down in price as well as some news effecting this too. gotta few key levels after using a fresh Fibonacci retracement on the previously formed lows from last week for the bulls we really want to see Oil come up and close above $68.6 with support from the 0.386fib level, this could push up...
Just taking a peek at the monthly look of things with BTC/USD We can see clearly on the monthly chart bitcoin is in fact bullish Our Blue 21EMA has NOT been broken and has seemingly bounced 3 months running from this support level so good things for bitcoin? if bitcoin can stay ABOVE this 21EMA level we can feel more bullish on our predictions BUT its not out...
quick NEO update as it falls hard to BTC dominance (over 51% now) alts being super pounded into the crypto ground
Aragon is a decentralized app (dApp) on the Ethereum blockchain that allows anyone to create and manage a decentralized organization. The Aragon project is open source and led by the Aragon Foundation. It also includes a token, ANT, that grants voting rights to make decisions about the direction of future development. Eventually, Aragon hopes to be a fully...
Was recently shown this little gem of a ratio chart that will help gauge strength to certain markets such as the stocks and other financial instruments as the S&P, Dow Jones etc So what does it all mean?? The ratio of two diametrically opposed asset classes often provides insightful clues about what investors are doing. The XLY:XLP ratio is a perfect example....
with some solid buys currently we might be forming a handle here for the inverse cup and handle pattern to form lower red trend line is target if it breaks the purple neckline after a rebound from fib levels at 6800 supply zone down towards 5800-5600 being the final destination after the buys/bids at NY open taking bitcoin up over 6400 we need to see good...
Looking at our daily bar chart here currently in a massive demand zone and if bitcoin cannot get above 6500 then were likely to see a breakdown of 6k down towards 5800-5600 area at first, creating another ATL for 2018 is quite probable with current market conditions Of course this could all change with some large bids, the scarcity of bitcoin is making these...
As long as Bitcoin price dont go crazy we could see BTS climb to 2700+ sats in next weeks.. support at the 0.236 fib level and gann fan for a better bull confirmation we wait for the COP to turn grey and move up into the green and a gold cross on the MA big tings for BTS
For the week starting 6th August 2018 Quick overlook of the main crypto fiat pairs (minus KRW) All charts seem to be showing a clear market bottom with the CM Williams Vix Fix giving the green lights, showing market bottoms/reversals price action on both USD and JPY pair have caused the COP indy to go move into bearish sentiment where its still has not moved...
Some progression in the UK at last for buying cryptocoins... the best site to buy crypto in the UK was cryptomate.co.uk (still has WAY more than ANY other!) now Coinbase has opened up the Faster Payments System with the UK banks so you can now instafund your Coinbase account with very little waiting time! ETC will be added on the 7th August you can sign upto...
So big moves on ETC today regardless of BTC price listing on robin hood exchange today and tomorrow is the coinbase listing we can see already ETC coming up to fib levels and might need to scroll out for bigger picture be happy if we get to $26 and above but obviously it could dump after the coinbase listing so keep good stops just incase!
a clear Cup & Handle formation going on here green line is the neck line and we may already be in the formation of the handle, which comes down a bit before spring boarding back up and over last weeks highs and onto $10k previous resistance trend line (red) now becomes and acts as support, possible we pull back slightly more coming into the trading week if...
looking here at longer term targets for ETC we all know why its pulling weight with a pending coinbase listing and renewed interest in the project still not out of Coldharbour lane yet tho, so much depending on bitcoin as per usual :P ETH on the other hand might be looking to go short the down trend and will do a TA on that soon fanks 4 watchin and plz adhere...
Trading under 8000 again, we may see another push on the recent highs to finish the week off US open shoqwed quick sell off followed by some solid bids going in gotta break the neckline to be valid these three tests of the support/resistance line show a strong bullish signal for intraday targeting 8250-8300 and then expecting a bounce back down if volume is...