Kadena ( KDA ) with nice bounce of 2-day MA Ribbon support combined with bounce of support zone on RSI . The 2-day MA Ribbon was petty clear in the young past so far. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison. *not financial advice do your own research before investing
What a ride this year has been! We've seen never before hit prices, and cryptocurrency adoption globally is happening at breakneck speeds!
DAILY (D1) Yesterday's closing price action below the important Kijun-Sen or Base Line, currently @ 50'533 and also the top of the former sideways daily trading range (45500-50500) As mentioned yesterday, the Doji shooting star triggered on Dec 24th has been timidly confirmed by a small black candle with a daily closing @ 50'442. Nevertheless, so far, such...
DAILY (D1) After a nice ongoing rally which pushed the BTCUSD towards a intraday high of 51'864, lack of followthrough pushed it down again to close (@ 50'841) just slightly above the pivot level I mentioned yesterday @ 50'608; yesterday's price action triggered a new "DOJI SHOOTING STAR" and more important at a level which should be seen as the razor's hedge...
Good morning,Christmas is coming and.. a warning buy signal has been given by a first daily closing above the Kijun-Sen. As mentioned previously, a view reassessment of my expected bearish scenario took place and now the way is open for further upside and my strategic target is @ 58'674. Indeed, the before yesterday's, shooting star has been neutralised by a...
This is a repost as my idea was taken down. Posted at the time Luna was at 97$. Top of the Mornin' ! All my ALT's analysis are VIP-only, but this one is for free. Feel welcome to visit my social media links on my profile. About LUNA: Decided to make this TA public as Luna had a really great run, but it's time to take some profits: Bearish divergence Top...
DAILY (D1) The Mid Bollinger Band seems to work as a "magical line", isnt'it ? Indeed, the price action seen over the last two days is showing two successive breakout attempts of this important resistance level (MBB) ! In addition, yesterday's price action triggered a "SHOOTING STAR" which should be seen as new warning signal , calling for a new downside...
DAILY (D1) Yesterday'price action triggered a nice recovery following the upside breakout of the Tenkan-Sen, (currently @ 47'539) ans as result the BTCUSD close @ 48'929,roughly at the level of the Mid Bollinger Band, which as already mentioned several times in the past should not be underestimated and should also be seen as a good barometer...
Good morning, today we are going to look at the daily and 4 hours time frame where something is cooking ! DAILY (D1) Price action seen over the last days is showing a potential double bottom in progress coupled with a bullish divergence ! The trigger level of this potential double bottom is @ 48'307 which if broken (on a daily basis) would open the door for...
Today, we are going to look at the weekly and daily time frames. WEEKLY (W1) : Last week price action triggered a long black (bearish) candle with its closing level @ 46'705, just above the bottom of the sideways trading range of 46'650-50'500 mentioned in my previous analysis. Moreover, the Lagging line is approaching the Kijun-Sen and a cross under this...
Good morning to all of you :-) Today we are going to look at two main intraday time frames which are Hourly (H1 ) and 4 hours (H4) Indeed, in my last and previous analysis, I highlighted a potential double bottom formation in progress on H1 with its trigger level @ 47'450 which has been filled and broken with an intraday high, so far @ 47'750. HOURLY (H1)...
As mentioned in my previous analysis, it is very important to look at carefully short term intraday time frames which can help you to detect early signal of short term trend reversal, providing countertrend short term TACTICAL trading opportunities. Looking at the hourly time frame (H1) a RSI bullish divergence, coupled with a double bottom formation has been...
DAILY (D1) Ongoing downtrend stil in place caught in a 46'650-50'650 trading range. Below Tenkan-Sen, Kijun-Sen and Mid Bollinger Band. RSI below 50, @ 38.31 All ingredients are in for further downside in a STRATEGIC perspective, of course. Countertrend trading opportunities (long exposure) should, and I insist be very carefully monitored in applying a...
Top of the Morning' ! After last manipulation lots have changed - ALTs bleeding and BTC consolidating. As I am a long-time programmer, I started to code my own set of indicators (using different resources + basic indicators as a base). And came up with: Trend Exhaustion + Whale Money Trend Direction Bulls vs. Bears Today let's start analysing together...
DAILY (D1) : On that time frame, the BTCUSD is moving in a broad sideways channel (46'650 - 50'500); nevertheless, pressure remains on the downside as current level is still : 1) below the Mid Bollinger Band 2) below the primary downtrend line resistance 3) below the Kijun-Sen Watch Tenkan-Sen (@48'500), roughly in the middle of the sideways channel above...
H4 : Recent and current price action is still in a corrective recovery move and currently still below the H4 clouds, attempting to upside breakout the secondary downtrend line resistance. In its recent move, the BTCUSD, as expected, already reached the 50% Fibonacci retracement (50'800 - 45'750) @ 48'275 which also, should be seen as the first pivot level for...
H4 : The failure to hold above the KEY PIVOT LEVEL (support cluster) mentioned yesterday triggered a sharp downside breakout which pushed the BTCUSD towards a low so far of 45'750. The ongoing small recovery has started by a "doji" pattern but once again the upside potential is likely to be pretty limited and should still be seen as a corrective move in a broad...
H4 Once again the clouds worked perfectly well in rejecting an upside attempt breakout which has been directly followed by a short term trend reversal. As already mentioned, any recovery seen over the last couple of sessions should only be seen as a TACTICAL CORRECTIVE MOVE in a broad bear trend which took place from ATH (@ 69'000) and which has been confirmed...