Hello and welcome to my Trade Idea of the currency pair ETH/USD. Lets start with the Top Down Analysis. Monthly: The last month was bearish and the candle now is also bearish. Weekly: Weekly is bearish and the market has broken the counter trendline. Daily: The daily timeframe is in a downtrend too. H2: On the h2 timeframe we draw the pennant pattern...
Hello everyone #Binance Coin did a #doubletop and is now #consolidating in an #equilibrium pattern. I would wait for a break of this double top for the best safest risk to reward, should be looking for a break sometime tonight or early morning.
The ETH 4H is forming a rising wedge with bearish volume divergence which is confirmed by a bearish TK cross. In order for this rising wedge pattern to remain valid price should remain under the 50% Fib retracement. At the time of writing, the price is sitting bang on the 50% level. One must also bear in mind that the $BTC chart is in a somewhat more bullish...
CADJPY SELL IDEA OR SHORT OPPORTUNITY. I AM EXPECTING PRICE TO RETEST THE RESISTANCE BEFORE COMING DOWN
Now as you all now bitcoin has been taking big ups lately. I think BTC had a correction already after it reached 8,200.. now it's going bullish as the RSI and MACD indicators show bullish signs. MACD is about to be crossed and as we have had a correction already in this bullish wave, BTC will reach the 9,100 level
1. Bitcoin price in the second half of trading on Wednesday is trading in the green, holding gains of 0.22%, as the bulls resume buying pressure. 2. BTC/USD is making strong progress towards a return of the $6000 territory. BTC/USD bulls are moving gradually through the sticky supply area of $5500-600 range. They need just one final push and the price could very...
Technical analysis: . DASH/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02080000 to 0.01772000). if so, traders can set orders based on...
Observations: - BTC has been traveling between a 2% price range for about a day and half. - Currently being rejected from 4HR exponential moving averages. - Daily volume dropping, possible bear flag formation. BTC is currently traveling within a $100 range (5k to 5.1k) zooming out can give us a better picture of where the price might go depending on the type...
If the math is right, Bitcoin should be around $17000 by Dec '19
Technical analysis: . VECHAIN/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 73. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00003960 to 0.00003380). if so, traders can set orders based on...
If you like my work leave a like or even click the follow button! Comments are appreciated! ETH/USD looks very interesting as we approach EQ of consolidation block. For a BitMex trade like this I use 10x leverage. Multiple reasons for this entry-zone: 12hr 200-MA along with an overall 88.88 Fib , EQ of current consolidation block and an old swing-low . ...
A comparison between Finex´ BTCUSD and their Longs is showing us a significant relation, we did have before. The expression is becoming less volatile, due to decreasing volume. The triangle / wedge (could be both, bearish AND bullish right now) comes back into play and the further we will dangle here, the more likely will the retrace happen into the $3500´s, maybe...
AGI has been in a relentless Bull trend since October. We had a clear double top where AGI needed to cool off from so much upward momentum. (1450+ Range) 12Hr Looking good, have had a clear change in direction especially with the bounce on the blue trend line. We didnt crawl off of it, we had a Hard Bounce I'm bullish on the probability we make it into the...
For most of this calendar year, i have been watching developing price action in comparisons to the 2014-15 BTC charts. from May: August: Nov 6: Nov 23: More specifically, I have been focusing on A: price interaction with its 50-week SMA B: lengths of time it takes from losing 50-week SMA to low point, and length until...
Alt Coin Analysis - Points out of 10 Date : Since 2015 ( 7 / 10 ) Volume 24 H : 0.77 BTC ( 1 / 10 ) Available Markets* ( 1 / 10 ) HUGE DANGER Social Media Rate ( 5 / 10 ) Ranks ** - 601 ( 3 / 10 ) Website ( 1...
Hi Guys! This is the last time when you can buy cheap. We had a massive positive volume. The biggest since the beginning of the year! They delivered many things in December according to their roadmap: • Stratis full node production release • C# smart contracts • Side chain production release • ICO Platform 2.0 • Cold Staking • DLT production release • The Breeze...
BAT bounces from a strong old Support Line Target is at POC of the Volume