On the daily chart we see that the last 2 candlestick is giving us instability, neither the bulls are controlling or the bears. But we can look at the 1-hour chart to see who is going to take over control. So on the 1 hour chart we see an uptrend, but after a while the bears declined the bulls to go up further. On the chart we see a continuation pattern is...
On the daily chart we see that the whole is market is going up. But is it a trap or is it a real uptrend? Well for now we can't say anything much about it, because on the daily chart we don't see an uptrend. At the 1 hour chart we see a trendreversal, the double top, which is completed. So at this hour the bulls are trying to push the price above the bottom range...
On the daily chart we see that on 1 july the candlestick ended up in a strong bullish engulfing pattern. Also we see that the volume is rising. So on the 4 hour chart we see a trendreversal, the double bottom, this pattern is completed and the price is holding on that range. Also we see an uptrend. All this gives us a high probability that the price if ICON will...
On the daily chart we saw a bullish engulfing pattern with a confirmation, also the downtrend is broken. But it doesn't mean that there is going to be an uptrend. At the moment we can zoom in at the 1 hour chart. So over here we see a continuation pattern, the bullish flag, which is not completed yet. So we can't say anything about the trend yet. But we can...
On the daily chart we see a hammer and a strong bullish engulfing patterns. Today the bears tried for the last time to push the price down, but they couldn't do it. On the 4 hour chart we see a perfect trading opportunity. Here we can see that there is a trendreversal pattern, the inverse head & Shoulders. This pattern is completed, which means that the trend...
After a long downtrend, we can see on the daily chart the from 29 June ended up in a hammer. Also the price is close to a support line which is at 2872 on the daily chart. Now we may can look on the 4 hour charts to see if there is maybe any signs that XLM will go up. On the 4-hour chart you could see that an inverse head & shoulders is forming, but it is not...
On the daily chart we see that Litecoin is still in a downtrend. On the 1 hour chart we see that a continuation pattern, symmetrical traingle, is forming, but it is NOT completed yet. We can't act on this yet, but there is a potential trading opportunity. If we see a close below the blue line, then we continuation pattern is completed. Which tells us that the...
On the daily chart bitcoin we see that Bitcoin is still on a downtrend, so keep that in mind. In the last few hours we see that the candlestick has long upper shadows, so the bears were pushing the price down. The bulls failed to push the price above the resistance zone and at the last candlestick you immediately see that the bears takes over control. The next...
Excuse me for posting it kind of late. So after a long downtred you see that the trend is moving sideways. Normally I would say that the trend will go down afterwards, but this time we see something different. Now we see that the last candlestick (12:00) ended up in a hammer, with high volume. Also you see that this is our second test of the uptrend and our...
If you look at every daily chart, you will see that almost every coin has a bullish pattern sign. This doesn’t really imply that the downtrend is over or that there will be an uptrend. We only know that the bulls are declining the downward trend. First of all I want to tell you that this is an aggressive trade, so trade at your own risk! So after the uptrend,...
So after a long downtrend, you see that the inverse Head & Shoulders is completed, so I would go long on NEO. Also the last 2 candlestick shows us a bullish engulfing pattern. We see that the potential there is a potential uptrend. So my stop loss would be a close under this potential uptrend. My target would be somewhere close to the downtrend, but still...
So after a long downtrend, we see at XRP that the chart is forming a double bottom. But it is NOT completed yet, so you can't go long. Also we can draw our first potential uptrend, you can go long here, but it would be considered agressive. But you can invest 25% or 50%. But still I would wait out for either 1. Double bottom pattern to be completed or 2. Second...
As you can see the chart is forming an Inverse Head & Shoulders, but it is not completed! Just keep it in your mind for later. So the last 4 candlesticks tells us a lot of information. The first 2 I would consider it as a hammer, because they have very long lower shadows. The last 2 candlestick is also a pattern, which is the bullish Engulfing pattern. So you see...
If you look at every daily chart, you will see that almost every coin has a bullish pattern sign. This doesn’t really imply that the downtrend is over or that there will be an uptrend. We only know that the bulls are declining the downward trend. The first thing I want to talk about is the Head & Shoulders, after the uptrend you see that the chart is forming a...
If you look at every daily chart, you will see that almost every coin has a bullish pattern sign. This doesn’t really imply that the downtrend is over or that there will be an uptrend. We only know that the bulls are declining the downward trend. So Decred has been making an amazing uptrend, despite that almost every coin went down. The bears tried to push the...
If you look at every daily chart, you will see that almost every coin has a bullish pattern sign. This doesn’t really imply that the downtrend is over or that there will be an uptrend. We only know that the bulls are declining the downward trend. First of all I want to tell you that this is an aggressive trade, so trade at your own risk! So after the uptrend,...