XLM / BTC . Horizontal channel 50%. Now the price is at the bottom of the channel, if support is confirmed and an upward local movement begins, the potential for the first resistance is + 50%. Price rests against a downtrend (red line) of the main trend, breaking it and fixing above it can mean a trend reversal. A double bottom may form.
The potential of the...
STEEM / BTC accumulation channel exists for 5 months. A huge position is being recruited by a major market player. On the chart we see 3 zones of huge volume . We see long shadows. This means that someone bought in the market the lower sell orders that have accumulated. Then the price was lowered back down so as not to make a false start to growth.
Following on from my previous idea. I do still believe that Bitcoin is on a parabolic trajectory however, on the hourly chart we are seeing a channel being formed which may present some excellent short-term trading moves. If this channel breaks, I will be looking to short till the resistance of the parabolic trend at which point a reversal upwards would be...
WTC / BTC WTC (Waltonchain) Downward wedge. The price is already in the corner. Volatility decreased, volume entered. Coming soon.
On a breakout of a pattern, or rollback after a breakthrough, depending on your trading strategy.
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price...
After a local maximum, a local downtrend has formed. This trend has formed a downward wedge on the coin.
1) on the breakthrough of the line of resistance of the wedge .
2) on confirmation of support for a local minimum if the price reaches there. You also need to understand that if support is confirmed, lateral movement may occur that can form an...
BTC After an impulse + 39% A pennant pattern is formed. Behind the trend is an upward pennant . Behind the shape of the canvas is a downward pennant . The shape of the canvas resembles a wedge . Not to be confused with a downward pennant according to the trend! These are the exact opposite formations! The pennant canvas is formed above the downtrend line. The...
Coin exchange - binance.
The main trend is an uptrend. Formed an ascending channel.
The secondary trend is a downtrend. Formed a downward wedge .
Cycle 1 is about 370 days. +700%
Cycle 2 is about 470 days. +700%
Cycle 3, if confirmed, about 570 days. +700% ?
The coin is promising for the accumulation of position, as long as the Binance exchange exists and is in...
this is looking really good for a massive long term buy trade on this ? what do you guys think looks very interesting still awhile away yet few more months and price will be there ? seen on the last move with around 333.39% eyes on this!
TRON after a local maximum formed a local downtrend. This trend has formed a downward wedge .
If this wedge works out on a global scale, a double bottom will form, which will become a reversal pattern of the main trend.
1) on the breakthrough of the line of resistance of the wedge . (maybe it’s happening now).
2) on confirmation of support in the region...
Basic look at the Cryptocurrency total market capitalisation excluding Bitcoin. My points are on the chart along side 3 predictions for the year ahead. This chart also contains a comparison against the Cryptocurrency total market capitalisation including Bitcoin.
Bitcoin dominance chart by market capitalization. You probably noticed that over the past month, many violas went to growth by a large percentage. This can be seen in my trading ideas for some altcoins. Maybe it's not casual?
At the moment, we see that the dominance of bitcoin over other assets is still in an uptrend. % BTC dominance came very close to the...
I was very surprised that it was the number of days in the 3rd cycle that coincided with the bitcoin halving. I don’t think it’s a coincidence. Also pay attention to which zone this formation may not be confirmed.
There is such a rare long-playing formation “bear measured move” from the peak of 2017 and it is being formed. Measuring stroke is a fairly long...
My friend Moggs has asked me to have a quick look at past and possible cycles for Bitcoin, My name is Martin but this is not my account.
I work as an analyst for an economic company in London. I am Austrian but have lived in the UK for 8 years.
It has been remarkable looking at Bitcoin, to say the least.
Having a quick look the cycles can not be graphed as a ...
RSI MAC SHOW HOW MUCH VOLUME AND INTEREST HAS LEFT THE MARKET.
RSI is showing no halt in decline.
MACD monthly is still in free fall and its miles off bottoming
ICO craze brought money in and the scammers took it and turned it into FIAT.
Altcoins, even the good ones are not getting adopted outside the crypto community.
futures news took it to 20k and they...