veerakumarnice
BTC is holding 200 EMA on the 3d chart for months. The monthly chart doesn't post any good sign of strength (which tells me that even if btc pumps it will come lower again). But daily and 3d and 2week charts are showing btc bottom for another push up is in. Any dip is a buying opportunity as of now. If you have a look at the total market cap of...
TRXUSDT is showing bearish divergence in hourly chart which indicates pullback is likely in the range of 0.02236 to 0.02322. If that level holds and if price breaks current high then target would shift towards 0.03 to 0.036.
With strong buy from 6500 area btc is set to test 6800 to 6900 area soon. Buy near the 6530 to 6550 for a target of 6800 to 6900. In case failure to break 6800 will put btc to test the bottom again (5800 area).
BITFINEX:MITUSD Mithril is retracing nicely. Buy at the support zone of 0.18 dollar for a long term swing trade towards 0.5 to 0.65 dollars.
BINANCE:BCNETH The bullish MACD cycle has started and awaits a bull cross. RSI has regained bullish territory. Break above 0.000011 ETH will likely yield a spike to targets T1 and T2.
ETHUSD Based on the previous bear market patterns ethusd still has a much more way to go down suggesting a downwave upto 100 dollar range. This may sound crazy but the downside target could be expected in a couple of days.
NEOUSD After a deep selloff NEO found a temporary bottom around 14 and managed to get upto 21. Eventhough it managed to close above 9 ema in daily not able to close above 14 EMA. 4H chart suggest a breakdown (RSI teasing a breakdown) after stiff resistance from price level 21 and 4H 100 MA, neo awaits a pullback towards 17 to 18 zone. Falling channel floor is...
NEOUSD NEOUSD may have a little upside left to test 50 DMA. But it has already failed 50 DMA twice. Hence neo becomes weak and set to have a huge correction wave downwards. Break below 30 means we are heading towards 14 to 17 zone. Don't expect the level 27 to hold. It is too weak to hold now. The falling channel floor hints accumulation zone to be 15 to 20...
BITFINEX:EOSUSD EOSUSD Just hit it's last major support in the bullish zone. From the 4H chart it is notable that the RSI has a H & S pattern. RSI head and shoulders pattern is very powerful and can drag down the price so much hard that no would expect. If RSI drops below 44 in the 4 Hour chart without passing above 60, then EOS will go ahead a major...
BITFINEX:ETHBTC ETHBTC is reporting oversold condition near long term uptrend line and 100 weekly MA . Expect Price reversal soon towards 0.066 (weekly 9 ema) - 0.07 (Resistance) . Shorting at those levels is good as weekly trendline breakdown has already happened. Close below 0.051 will likely bring down bring down the price to 0.04. Note : Weekly RSI is...
BTCUSD BTC rally has ended as a roller coaster in the past weeks because of a bad monthly close. Now BTC has hit support zone and a short term bull revival as a relief rally might be on the cards. As you can see high ranking coins have hit support zone and look oversold. BTC also hitting oversold area. A reversal from this area might test 6700 area again...
BTCUSD Well everyone knows there are a lot of red in the streets and here is the reason. BTC entered bearish mode in daily chart months back when it closed below all the major moving averages. It closed below 50 Weekly average and retested that again and failed. Monthly close was bad which pushed it down even further. That is not all. BTC broke the long term...
50 DMA acted as a strong support in the May month and every movement towards 50 DMA was thrown upward with greater spikes. June was unfortunate and zrx dipped below 50 DMA. Now zrx has retaken the line moving upwards after two days of consolidation. The first target is around 0.00017 to 0.00019 zone. If the 50 DMA acts as a support again, then we can expect a...
Mithril was trending so good that it posted 150% gains within weeks. Due to overbought conditions and fading momentum it has now experiened heavy pullback. Buy in the 710 to 730 area for a quick scalp to 800 to 830 area. Close longs in this area to buy back at lower prices. Expect 730 area to test again. If it holds again Target would shift towards 1000 area....
BTC had two monthly closes below 5EMA and 10EMA . Current Monthly close below 7600 means it would again go down to test the bottom. Also 50 week MA has been breached two months back and it is now retesting that too. " Better safe than sorry " . Expect a huge crash if it closes below 7600 in monthly candle, else it is good to go long. Happy trading :)
BTCUSD BTC inverse chart shows 200 MA is holding the price. Which means bears are gearing themselves up. Chart has made a higher high and a lower low inside a raising channel. Expect price reversal soon. Happy Trading :)
zrx is at a decisive point. Current weekly close decides where it is heading to. Get in as soon as you see any positive price action.
IOTUSD The test for whether $1 is the bottom for IOTA is coming. IOTA is having a strong resistance to break above 1.1 where the weekly 9EMA , 50 DMA and the multiple downtrend lines are being conjuncted. If IOTA is able to break above 1.1 with bullish volume it means it has started a rally towards 1.55 dollars (50 week MA + T2 downtrendline + 38.2...