Strat is resting on support currently. Formation of bullish divergence on RSI Stoch RSI = isn't bullish yet and so is Macd If it breaks this support, Next support ~ 15k sats It has many important updates coming up in the next few weeks to months, it can be good for a long term hold.
Bitcoin trending in channel Formation of bearish divergence. Expected to touch the bottom of channel If that breaks the channel then have to reassess
Formation of bearish divergence, so expect a short pullback
We can see price got rejected by the downward trend line. It was a good time to sell. Now looking to buy back Possible Buy Entry = 1 1. Expected to bounce off kumo cloud. 2. 0.5 - 0.618 Fib levels Possible Buy Entry = 2 1. Expected to bounce off bottom kumo cloud. 2. 0.786 - 0.883 Fib levels 3. Trendline support RSI = Bearish Sqz Mom = Bearish but its weak.
As we can see here. Last week BTC candle ended up making a Doji = Bearish signal Also we can see bearish divergence , Price making higher highs and RSI making lower highs. In the next coming weeks,we may see a correction. With Price correcting to $3450 With the lowest possible price of $2850.
BTC seems to be struggling at the top. Likely to break trend as we pass the date of Segwit. Maybe a small push upward towards segwit before finally breaking down. Looking at SQZMOM indicator we realise the uptrend is getting weaker. Price makes higher high. But SqzMom makers a lower high RSI suggests a bearish divergence and keeps falling down. Historically the...
Right now LBC is on a critical support level. This trendline continues from March 2017. LBC is in a good buy zone now but should be done with SL . Moon Phases suggesting a good buying opportunity here. If this breaks. I expect a bounce on 0.78 - 0.88 fib levels which will be very good buying zones. Possible Resistance Levels 1st TP = 0.0002 2nd TP = 0.0003 3rd...
Strat tested the upward trend line after failling from ATH. Broke the downward trend line on on 18th July. It has now accumulating inside the channel. Long term targets 1st Target = 0.00324 2nd Target = 0.00430 Can see a new ATH in coming weeks to months as there are some major releases in Q3 - Q4 2017 Stop loss = 1st SL = below the lower channel...
After the March 2017 downtrend We see the BTC price rise and going as high as 4.236 fib. If the current market follows similar pattern. We can see the following targets 1st target = 1.618 = $3650 Final Target = 4.236 = $6600 Bullish signals 1. Breakout from All time high 2. TK cross over above the cloud in Ichimoku 3. RSI signalling Bull trend and still not in...
BTC price is fluctuating in the triangle currently. Trend depending whether the price breaks on the upside or downside of this triangle Support at the trend lines and on fib levels. 4hr chart shows a bullish divergence We are currently forming the 5th elliot wave which can break ATH but not necessarily.
Formation of Morning star candlestick pattern Stoch RSI showing bullish divergence Since markets are quite low volume, this is short term trade call. If you want bittrex and cryptopia charts, follow me on steemit :) steemit.com/@sniperz
1. Since 5 weeks, BTC is in downtrend = Red candles since 5 weeks. 2. Doji formation for 3 continuous weeks = Indicating trend reversal 3. BTC is still above the tenkan sen line which indicates its still in bull trend, but other signals show a possibility of trend reversal. 4. If BTC price falls, we will see a strong support at Kijun sen line around $1900. 5....
Strat looks like a possible breakout from the triangle on the upside. It has been going sideways and accumulating. With strong support at 220k Next few candles will be of importance to get confirmation of breakout with good volume Stochastic RSI - showing bullish cross over Fundamental Analysis A lot of important milestones ahead in the coming weeks -...
Chart showing market is indecisive. Trendline support is still intact. Bullish engulfing candlestick pattern yesterday Stochastic RSI - bullish crossover forming Volume = Neutral, buying and selling volume same for the last 2 days. Breakout on upside = Next resistance = $2700 = Possible ATH = $3400 Breakout on downside = Next support 1 = $2300 ,Support 2 =...
AMP is forming a nice cup and looking very strong. In the recent drawdown, it retested last support and came back. Looking forward to retest previous highs All rectangles show support n resistance zones and how they are complementing price. Fundamental TA Wildspark beta coming on 30th June, price still barely above support zone. Here's more explanation on...
BTC - Forming a head n shoulders pattern on daily chart Bearish candlestick pattern Ichimoku TA Has been in long term uptrend. Broke the Tenkan sen support for the 1st time after March 2017 but still above cloud. Trend line support Interesting to watch whether it gets support at the red trend line - 2300$ Or the blue trend line - 1900$ MACD - Still in bearish...
Often the price trend tends to make repetitive patterns. BTCUSD seems to following a similar patterm Peaked on May 25th , 2nd Peak on June 12th Drop to 0.618 - 0.786 levels after both peaks followed by a rise and drop again Now forming a a triangle, breakout on the upside from this triangle will be a strong bullish signal. It may make a new all time high if...
Elliot Wave TA Elliot Impulse wave was formed and completed on 10th May Elliot Correction wave A,B has been completed Elliot Correction wave C formation has begun LTC has strong support on blue trend line, with minor support on the orange one. Violet Arrows show possible price trend during its correction Grey lines are key areas of resistance On4hr timeframe -...