x45lu

x45lu Updated 

Hello traders, After few weeks of side way movement, Bitcoin is finally making its move as there are several bullish signals. Looking at 4-hour chart for Bitcoin, we have seen this tighening equilibrium since September 22nd. (which almost lasted 3 weeks!!). However, few bullish sign emerged in past 30 hours. 1) Blue trendline breakout: This descending blue...

x45lu Updated 

Hello Traders, Looking at 4 hour chart for USDJPY pair, we see the trend is starting to change in favor of bears. There were few key bearish signal since late September: 1) Head and shoulders pattern 2) Bearish divergence 3) RSI oversold Currently, I see a bearish wedge is forming, and the target for bearish breakout is $112.5, where 0.5 Fibonacci support...

x45lu Updated 

Hello traders, If you read my Bitcoin analysis, I mentioned that ripple is about to go head and shoulders breakout and that may drive Bitcoin price down to $6500. And just a moment ago, we saw a clear breakout with nice volume. This huge volume probably comes with triggering the stop losses as well as 50 cents is a psychological level for most of the traders....

x45lu Updated 

Hello traders, What a boring week in crypto-market. The daily trading volume for Bitcoin just hit less than 100 million dollars in binance, which is very rare. It just seems like bears and bulls don't even understand the game here. Looking at the hourly chart, we see that there was a potential inverse head and shoulders pattern, but the possibility of this...

x45lu Updated 

Hello traders, There goes another mundane day in crypto, so I decided to look into more weed stocks and Aurora looks pretty juicy. Looking at 4 hour chart, Aurora just touched the descending blue trendline. In case of breakout, I will place buying order around $13 and get out around $15 which gives me decent 15% profit :) I would give 75% chance of bull...

x45lu Updated 

Hello traders, I will be switching gear a little bit as cryptocurrency trading is becoming a little bit of boring. Don't get me wrong, I simply stopped trading and I intended to go back again when I see the opportunity. Looking at the 4 hour chart, we see that WEED is forming a daily equilibrium since September and it is hitting the buy zone which roughly...

x45lu Updated 

Hello Traders, Looking at daily chart for Bitcoin, we see that Bitcoin is forming tightening equilibrium since July 24th and Bitcoin is forced to make another major decision this week. (RSI and MACD tightening equilibrium, and Bollinger squeeze further support this point) I am a reactionary traders so I will not be making any judgement on if this will be bull...

x45lu Updated 

Hello Traders, I have been trading VET/USDT pair recently as the price action has been very predictable in 5 mins frame, and I believe that it is undergoing accumulation phase. Looking at 4 hour chart for VET/BTC pair, VET has been stuck in a very tight range for some time and both bulls and bears are desperately waiting for price action (at least I am). There...

x45lu Updated 

Hello Traders! If you remember my analysis from 2 days ago, I mentioned Bitcoin is starting to shift in the bulls favour and bulls are trying to get higher high in this rally. Looking at the 4 hour chart for Bitcoin, we see that pump ended at $6750 which is one of the major resistance. There will be some consolidations in next few hours before Bitcoin decides...

x45lu Updated 

Hello traders, If you remember from my last analysis, I mentioned the possibility of Bitcoin finding support at $6585 level. However, Bitcoin failed to find support at $6585 and potentially found a new support around $6350. After this bear market cycle, I feel the market sentiment is becoming stronger and better. Looking at the daily chart, it is clear and...

x45lu Updated 

Hello traders, Finally I finished my 3 weeks vacation and it is time to get back to trading. Looking at the 4 hour chart for bitcoin, we see that beautiful equilibrium tightening pattern is forming and Bitcoin is ready for the potential breakout. However, I am just a little bit concerned of how Bitcoin is moving in last 48 hours. You see, $6585 has been a very...

x45lu

Hello traders, Unfortunately, I am still in my vacation, so I will keep this short. Looking at the 4 hour chart for bitcoin, there are 2 things happening 1) Potential tilted inverse head and shoulders pattern 2) symmetrical triangle Unfortunaltely, Bitcoin is not giving us a clear signal at the moment, but I am 75% sure that we will have another bull run...

x45lu Updated 

Hello traders, Unfortunately, I won't be updating my analysis in next few weeks as I will be going for vacation. However, I would like to give you some of my mid-term analysis (2-4 weeks analysis) Looking at the 4 hour chart, we see that Bitcoin potentially found support at the pink trendline after the breakout. However, the pull back is not convincing to me...

x45lu Updated 

Hello traders, What a week for cryptocurrency market. Most of the alt-coins are up 30-50% and it looks the bulls are starting to come back to life. Looking at the daily chart for bitcoin, we see that Bitcoin went above the blue trendline and looking to get higher high in order to have trend reversal. Although this is a bullish move for Bitcoin, I am still...

x45lu Updated 

Hello traders, After 2 weeks of sideway movement, VET is ready for some price action, as it is squeezed inside the symmetrical triangle. This definitely looks like a bullish setup for me so I will be entering my position when I see a spike in volume. My short-term and long-term targets are indicated in pink line. For now, the last target is 324 Satoshi, but...

x45lu Updated 

Hello Traders, Hope you all enjoyed my 15% scalp ideas! That was just a quick cash, and I will probably be posting more of those in next few weeks. Looking at the long term, things are looking somewhat bright for Icon. If you have been trading Icon for more than 8 months, you probably noticed that MA 100 has been acting as the resistance for more than a month...

x45lu Updated 

Hello traders, If you recall from my technical analysis using Bitcoin short yesterday, I predicted that we will see imminent breakout. And few minutes ago we saw inverse head and shoulders pattern breakout with good volume!! So what is the game plan here? You see, $6.6K was a major resistance for almost 2 weeks, and I will be really surprised if Bitcoin will not...

x45lu Updated 

Hello traders, Let's look at Bitcoin price action in somewhat different perspective: Bitcoin short. A "short" trade is initiated by selling with the intent to buy the stock back at lower price and realize a profit. Before we get into the current situation, I want you to pay attention in yellow rectangle region. We can see that while Bitcoin short positions...