. BitcoinSV/Ethereum is in a down trend 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 32.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a...
This week we are flying, 4 TPs yesterday, 3 TPs and a trade closed in profit today.
If you are not with us then you are missing out as this special strategy is proving a good one so far and could be a money printer ;p
This week so far we have 50% R.O.I and we have a few trades close to coming live so we will be looking to add to that total before the week is...
Previous post was spot on with our Targets. We have to remember alot of people were buying #BTC over 12k and have been waiting all year to at least break even. Alot of investors holding for that 12/14k breakthrough.
This retrace meant is healthy for the market, Its had its run an now slowly running out of steam. We can look at the indicators that are very...
I don't normally, combine NEWS with TA but as we all know it has similarities. Especially when dealing with a low market cap and new Technology.
We have had some healthy movement come into the space, Not just from the new of "Facebook Coin" but its definitely got people ears pointing north because money was to be made. no matter the outcome of the regulations is...
Mindset is 1 of the most important tools to have in trading... yet most people overlook this... this is why 90% of people fail.
My mindset when i 1st started out trading was terrible, after a couple of lucky wins in a row ( i was just gambling as i didn't know anything about Forex ) i would think i was on top of the world, better than the markets and a clever...
My wife has gone missing and she's taken my wallet... lucky I don't hold cash anymore only Crypto ;p
Marked on the chart we have a lovely zone of resistance that has been used before, so we are expecting bullish movement up to this area and then a bounce and some bearish movement, that's what the technical analysis is telling us.
On the other hand if we break...
For those of you trading crypto its worth noting that Bitcoin versus US dollar has formed a bearish engulfing on the daily and is forming consecutive lower highs on lower volumes pointing to a break lower.
Its no surprise to see that it is in over bought levels on both RSI and stochastic but coupled with collapsing volumes at these resistance...
While the price is above the support 162.650, beginning of uptrend is expected.
We make sure when the resistance at 264.800 breaks.
If the support at 162.650 is broken, the short-term forecast -beginning of uptrend- will be invalid.
While the RSI support #1 at 44 is not broken, the probability of price decrease would be too...
This is not financial advice and each trader is responsible for their own losses.
Profit targets for this trade will depend on whether this develops into an ending 5th wave diagonal or just an ABC. An ending 5th will lead to a lower profit target and an ABC will result in a higher target. For the ABC scenario, I would take the fibonacci retracement of yellow wave...
What are everyone's thoughts on this breakout of the wedge formation? further bullish movement expected next week? will it rocket?
Will the big players manipulate the market soon to push price higher to make people buy into the rush again just so they can then pull all there money out and make the market dump again ( like last time ) making the rich richer and...
We can see a lovely resistance level that has been respected ( green line ) off this recent bounce we have seen a lovely bearish run today forcing price down to our support/resistance zone ( green box ) where we are expecting a lot of buying power to come into play and make a lovely bullish run.
The reasoning behind this was explained in our latest BTC post on...
I thought I would give you guys a little money making opportunity if you missed out before yesterday, no worries.
First trade opportunity: buy at 0.315 and sell at 0.324, which is 2.8% profit. Next target, 0.341.
Second trade opportunity: buy at 0.305 and sell at 0.315, which is 3.2% profit. Next target, 0.324
In both cases, you want to sell a part of your...
I think the support level that price is currently sitting at is too strong to be broke, price is also at a trend line it has been using as resistance for a while, with these 2 factors I can see price breaking the trend line and moving up to our TP zone ( green box ) this is providing we can break recent daily highs.
We ae long on XRP but we will be keeping a...
Price has stayed in between the 1.0 and 0.618 area the likelihood of a drop to 1.618 fib level is high
A man must believe in himself and his judgment if he expects to make a living at this game. That is why I don’t believe in tips.
of course, it's not financial advice you are 100% in charge of your decisions