As XRP grew over 95% over the last two days, we see XRP pullback and stabilise around $0.56 like stated in my last review. Ma's have crossed over so we could see more of a run towards $0.60.
Hi Guys!
So lets take a look at the Daily chart here.
Looks like Shit, I know - BUT There is a positive takeaway.
If we look back at the charts over the course of the past 365 days we see a trend that has repeated itself , quite expectedly on 4 other occasions. So the question is:
DOES HISTORY REPEAT ITSELF?
The LOWER Yellow line is a support line from...
BTC rejected very well from the -27.00% fib as I mentioned in my previous post. The candle on the 4H chart closed beneath the 200EMA. Then the price increased and closed the candle above the 200EMA. We could the retest the 200EMA once more before heading up. My target is still remaining as $9100.
There appears to be a 8hr Breaker (shaded yellow) which BTC bulls will aim to not trade below. As long as price keeps above 7200 then 7900 is on the cards. If the Breaker does not hold then visit 6900 again likely. Volume and Volatility decreasing again so expect range expansion soonish.
After this weeks pump to the $7600 region i do expect us to make a pull back now, or after reaching $8200 max. After this pump i do see low $5000's incoming as a correction, as $5700 BTC support is already beaten up and cannot see it holding again for long. This idea in my opinion will be invalidated if a positive ETF approval for Bitcoin is made.
I foresee...
Obviously not drawn to scale, more or less just a prediction for price movement as the bear continues
3 possibilities, all have nice room for a small alt season, will be looking at mid caps that have been crushed. ZEC XMR ETH....
A.) Femili Zone
- First zone of support, i potential relief pump after touching lower support.
- Reversal does not mean end of bear,...
The whole market is bleeding and so is Ethereum struggling to reverse. The bearish trend line and the $625 resistance level have not been taken out. Until they are not, it makes no sense to go long.
For now, the support at $468 is holding, but if bears manage to break it, the fall to APR low is next target.
We are seeing a lot of negativity on the market,...
BITFINEX:BTCUSD
Past Trend
Bitcoin had a massive downturn over the past 3 days, falling flat down to the support level initiated late last year and earlier this year in January. It seems the market has bottomed out as this is the third time BTC has reached this support level. If you are looking to go in on crypto investments or to trade i would suggest buying...
Quick update on Bitcoin:
We have a double bottom forming and strong divergence supporting it, hoping to see some bullish movements result.
Like always, don't take this as financial advice and do your own research before investing.
It looks like Ripple will most likely break out of this sideways range/ pennant formation to the downside in the short term. Below are my next targets... If the $.57 Price support breaks Then the upper 40 cent levels will be the next levels met.
Congratulations Traders!! Right now, I would like to start with the result of our previous analysis: we reached our First Target and we gained an upside of 16.64%. Let's keep this up and don't forget to read Today's EOS Analysis.
EOS remains in a lateral movement fluctuating between a resistance line of $14.65 and a support line of $13.84. If the candlestick...
ETHUSD broke out form ascending channel and its now moving down to support zone – blue line marked. It’s still nicely above 200MA, while RSI and MACD indicates further decline. It’s not a direction change yet and could be a false breakout and reversal back up from here. I'm waiting for next daily candle and I am caution on any major correction down from here....
I have a mid term target for $ETC @ 340k sat. Roughly 50% upside from here within the week.
My message to my signals channel:
TL;DR. I am holding $ETH in anticipation of the SEC meeting. Also holding an even amount of $ETC in satoshi value as a hedge.
A number of #TeamNeverWorkAgain members have reached out to me about what to do with their spare $BTC. ...
Lately many whales have entered the market, the market has also been pretty predictable as its in a curve shape right now. If it breaks this cup and handle and shoots up after Last Kiss then we may be back in a bullish market. If you like this idea be sure to hit the like bottom and give a follow.
Happy Trading.
