Hello folks, I'll start to publish a little more here.. So, in a short term vision we can see a continuation pattern that is the symmetrical triangle. We just jumped off the first triangle and created a new one, as we can see in the charts. The target to this pullback/upside is 6.9k-7.2k USD. This is a short term view and it's not interesting to jump in...
Looking at the log scale on the daily timeframe, we see that price is still retracing some of the parabolic move that happened during 2017 especially. A Triangle pattern has been broken to the downside and the SMA200 moving average is also rolling over. This could lead to a sharp sell off and a move back to the trendline marked in the chart, which would perhaps...
BTC 1h chart is showing a reversal pattern (falling wedge) + a reversal oscilator pattern (bullish hidden divergence). Most indicators are still bearish, but I'm trying to catch a reversal here, so this is not a problem. If BTC managed to break up the pattern in current candle I'll not be entering the position because the R:R isn't good enough, I'll be waiting it...
Ethereum is on a clear 1D Channel Down (RSI = 42.411, MACD = -28.370, BBP = -69.0840) since the 721.07 Lower High (Highs/Lows = -15.2043). The drop for the next Lower Low will either take place now or at 609.80 (both short entries). Based on the 4H ADX = 28.911 the TP1 is 487.07 (April 14 support) but the technical Lower Low and TP2 is 420.31. The last target is...
On Friday May 18 2018, Tether printed another 250 million tokens, bringing the total supply to about 2.5 billion USDT. The last print was for 300 million tokens on March 20 2018. And the previous before that was for 100 million USDT on January 23 2018. It is no secret how Tether and Bitfinex are intertwined, as a simple search will reveal those involved with...
Aelf has the Alphabit Fund hedge fund and all of its glorious investors which raised $300,000,0000 and is the hedge funds pick for 2018. I have high hopes for this coin. These fundamentals show ELF is doing really well. Buy In: .0001730 (TO) .0001880 Sell 1st Target: .0002175 2nd Target: .0002200
My short has been closed and I am now looking for the most opportune time to enter a BTC position. 1st - I had market bought in to make sure I have skin in the game incase whales push. 2nd - I have 2 positions I am looking to fill & accumulate at which are shown in the chart. I will be trading a large Falling Wedge pattern. The bottom support has only hit 2...
Dear Fans and Expositioners! When people stop to catch a breath, it's your chance to move ahead. I see a lot of peeps taking profits, and this is just 8 days before Consensus . Go figure? When people drop their precious ETH, it's time to pick them off the street. It's Christmas all over again. Are you scared of the dip? Do you fear it's gonna go further? Who...
I found it! Yes, there is always a hidden trend in a chart, that isn´t just about connecting the highest higs and lowest lows. There is something in the middle, but the price clearly respects that. Just check the picture, there is ALWAYS a reaction, when the market gets to the border of this downtrend. I have marked it with orange lines, so you can clearly see...
There is an aggressive run but the growth is following standard fib consolidations. I'm expecting the price to increase a small percent followed by another consolidation towards the lower-bound trend line. Let's see how long this run lasts! I'd recommend setting 5-8% stop losses and re-buying if the current or next consolidation turns into a 1-2 day channel...
Announcement was made. After the %40 dump should we expect some run up ?
EOS moving in channels. Bigger channel (red) longer term bullish, smaller channel (purple) shorter bearish. Previous wave movement could repeat in the last one. So i would consider good entry points the Fibonacci retracement levels around 7.64$ and 7.19$ and i expect upward movement when price is near the red channel upward trendline. Pay attention when price...
Pushes the next trend line and breakout.
04.04.2018 ETH - Selling off in today's market, has definitely triggered the intraday breakout/breakdown bears ! Price initially began to break down at around 4am this morning, after failing to trade/close above the 200ema and was rejected for 2 bars, before entering a consolidation & flag pattern !!!! Price continued to break down further this morning.after...
04.04.2018 Bitcoin - Hourly time-frame. Bitcoin has continued to selloff during today's market action, failing to hold/trade above the 200ema support level and intra-day ascending trend-line from the recent swing low. Price has now broken below this level after a period of consolidation and a confirmed H&S (Head and shoulders pattern). The question is, where is...
Shorting ETHUSD at $440. Keeping a close eye on BTCUSD price action to stay on top of market conditions.