Hi all! Here is my vision on current situation with BTCUSD. Price falls down to 50SMA and consolidates in that area, if support is able to hold of course. Please comment below. Happy trades everyone!
Disclaimer, I am not a financial adviser. Material presented in this analysis is intended for educational purposes only. From what i see in this chart truebit protocol is ready to form another leg up. After its run up of 300% from 0.07$ to 0.21$ it had a 60% retrace and experienced contraction of volatility. Previous buy signal fired off on march 12 followed by...
Hello fellow traders and investors. Look at that squeeze you guys. It’ll pump once the overhead resistance is taken out. Please share your thoughts on this token. Fundamentals are great and the chart looks bullish imho. Have a great day!
Hi friends! Thanks for stopping by. Truebit protocol. All indicators are pointing up. There is some overhead resistance, moving averages, which can slow down the break out but other than that the chart looks bullish IMHO. There is a nice bullish pattern on slow stochastic. Confirmation chart printed a nice change in the color of MACD histogram. Once the signal...
Looks like US10 bonds is about to see some bullish price action, which, has always coincided with capitulations in crypto markets. Please share your thoughts. Happy trades!
Every time when 15ma crossed below 50ma on 8D chart was a sign of an upcoming bear market. It happened again just recently. That coupled with firing off of Hinderburg omen indicated a dramatic sell off. Soon we may get yet another great opportunity to buy undervalued coins. Please share your ideas.
This is self explanatory. There is going to be some some selling off. Stay level headed you guys. We might get a great shorting opportunity.
Huge bullish divergence has formed on 2day chart of truebit protocol. Unless Bitcoin and Eth sell off truebit is going to see some upside action. Once previous highs at 0.80$ is taken out it’s up up up for truebit in my opinion. Please share your thoughts. Happy trades! PEACE.
Hi guys, Hope you all had a great weekend! Now’s the time to get back to work. All indicators are pointing up! Judge for yourselves. Once pa breaks above 0.30$ It’s up up up. Happy trades!
Hi guys, Thanks for stopping by! BTCUSD looks like it wants to retrace. I sure hope that 50k level provides a strong support in case of a pullback. Please, share your thoughts. have a good one and happy trades!
Greetings fellow traders! It looks like Cup and Handle pattern is playing out on total cryptomarketcap. We will see much higher prices if it does come to fruition Invalidated if it breaks below the handle line and 200SMA Please share your thoughts. Have a great weekend ahead and happy trades!
Hi guys, Thanks for stopping by! In my previous analysis I’ve stated that BTCUSD is gaining bullish momentum. Anyhow it’s a little early to pop up the champagne. There are two strong resistance levels to be broken if the bulls maintain momentum. The very next level is at 48834$ and the one above is the previous swing high at 52956,47$ Once those two levels get...
Hi guys, Thanks for checking out this short analysis! As crazy as it may sound BTCUSD is beginning to look bullish imo. It is not yet confirmed, but there are certain tell tell signs forming in the chart. Slow stochastic is turning up on both the daily and the confirmation chart. Daily candle is going to close in less than 12 hours. If the high of today’s...
Hi fellow traders and investors! Truebit is forming a strong base in the vicinity .25$ - .27$ Notice how its price didn’t not drop below .25$ during the last sell off in BTCUSD and ETHUSD trading pairs. This, in my opinion signifies hidden bullish support possibly due to the strong fundamentals of this token. Needless to say that a lot depends on PA of ETH and...
Hi guys, It looks like Truebit is about to retest previous cycle high. Please share your thoughts. Have a great weekend and Happy trades!
Hello fellow traders, Thanks taking the time to check out my observation on the market today! In this short analysis I would like to share my thoughts on the price action of BTC at present moment. This does not have to be the end of the world for BTC/crypto bulls. There is a support of 21SMA on the weekly. For bear market to be confirmed 21SMA should cross below...
Hi fellow traders, Thanks for checking out my lill analysis on this fine Tuesday! Nothing fancy here, just an observation. With price action of BTC choosing its direction a cup and handle pattern began to form on total crypto marketcap. In case it plays out the way it looks we can expect a huge leg up in the no so distant future. The pattern is not perfect but it...
Fellow traders, Contraction of volatility, BBands squeeze on 2day chart indicates that a large move is inevitable. Confirmation 6day chart on the right side of the screen shows bearish momentum. It looks like soon we’ll see BTC at 40k, or lower. The upcoming golden cross may be a fake out. All this will be invalidated if price action manages to stay where it is...