So... everybody is cheering up about the retracement BTC made from 28k to 34k, yet they don't see the avalanche coming. 1) BTCUSD Longs is at ATH 2) there is a clear bearish rising wedge pattern forming 3) a clear RSI bearish divergence 2) BTCUSD Shorts fell with no price rise in BTC whatsoever (not trading advice, I'm not your financial advisor, do your own research)
We finally have some bullish signs on CRO:USD. First, we have a Bullish Falling Wedge, then we have a slight Bullish RSI Divergence and in the Stochastic RSI the momentum is to the upside. The first target is 0.194, the next one 0.214, and once we beat 0.24 we are again in price discovery mode. Who knows, we might just blast through as we did once before ;) What...
As you might have read from the title, the uptrend is clearly visible and it was held beautifully even during the recent selloff. There is resistance at 0.24 that needs to be broken for further upside and then we have the upper trendline of this uptrend. If we perhaps break to the downside then we have the following targets: 0.173, 0.165, and 0.15(ish). We must...
After a long, long, looooong consolidation and indecision (painful as hell might I add), FINALLY, the pattern is clear. And we have a Falling Wedge, a bullish pattern. We also have a clear resistance trendline of which I am sure will play a significant role the next time we meet it. I think we will be rejected again and combined with a Trend Based Fib Extension,...
I think enough was said in the title. We all saw what CRO can do approx. a month ago. (not trading advice, I'm not your financial advisor, do your own due diligence)
Well hello, resistance again. I was really hoping this trendline on the weekly chart will hold as support. But everything is not lost yet. We can still break it to the upside, making last week's price action a false breakout and confirm it as support a week or two later. Also, quite a few altcoins have a bullish setup that can indicate this might just...
Will this be finally the time we break that pesky 0.000012 resistance? I think so. XLM:BTC is in a clear uptrend channel and a large ascending triangle has formed which is a bullish signal. (not trading advice, I'm not your financial advisor, do your own due diligence)
I don't own any BTC, I watch it as an indicator for the Alts. There are a bullish Falling Wedge pattern and a bullish RSI divergence on the 4h chart. I think BTC will go up again, taking out 48k, 50k, maybe even 54k but it will not reach the previous heights. After that, we should see a massive selloff to the 21 weekly MA which is currently at around 30k. (not...
Holy sh*t guys, did you see this one fly? :) The current short-term momentum is still to the downside but we should bounce back up from this trendline. Had a stop loss at 0.21, buying back at 0.1645. (not trading advice, I'm not your financial advisor, do your own due diligence)
Watch this trendline like a hawk! (it also plays out really well on the daily chart) We just made an important resistance into support. I think we are more likely to bounce off it to new heights. But (there is always a butt) if we break it there will be plenty of pain. (not trading advice, I'm not your financial advisor, do your own due diligence)
We confirm the support with today's candle on the purple trendline and we are off, baby ;) Price action must hold this support otherwise a downward pressure could occur. (not trading advice, I'm not your financial advisor, do your own due diligence)
Looks like we're fighting a previous support-turned-resistance. If we break to the upside, 0.45 should be the first target. The downside targets could be as low as 0.13. Currently, MACD looks bullish to me but we'll see how this one plays out. What about you guys? Are you bullish or bearish on this one? (not trading advice, I'm not your financial advisor, do...
Ascending Triangle formed on the daily chart of TOTAL2, a Dragonfly Doji on the weekly chart (last week), both very bullish signals. I think altcoins might pop soon. To the upside of course :) What do you guys think? (not trading advice, I'm not your financial advisor, do your own due diligence)
A bullish Falling Wedge pattern formed on the daily XLM/USD chart which is a bullish signal. A break to the upside could take us to 0.55 or even further. If we break to the downside, however, we could revisit 0.193, with strong selling pressure we could also reach 0.16(ish). I, for one, am long. What about you guys? (not trading advice, I'm not your financial...
0.08 is a very important resistance for CRO. Breaking it we might see almost 100% gains up to 0.15. There is also an ascending triangle forming which is a bullish sign. We had a false breakout before (8., 9., 10. Jan.), let's see how it plays out now. :) This is not trading advice, do your own due diligence.
TOTAL2 just printed out a Dragonfly Doji on its weekly chart which is a very bullish sign. Also, we've broken the resistance of 323.200 B. Alts should explode soon ;) Not trading advice, do your own due diligence.
As you can see on the weekly and daily chart, a descending triangle has formed which is a bullish signal. We could make a higher low (another bullish signal) right now or even reach 0.00000011 which would make a double bottom (another, even stronger bullish signal). This is not trading advice, trade at your own risk.
The 12K level has been finally breached but are we safe yet? We will have to wait till the end of this week and see if we finish with the body of the wick above 12K. Not Financial advice, trade at your own risk.