Yesterday as I published bitcoin passed the 7K level !!!!
But now you need to pay attention that it broke up the upper band of the bollinger bands and also the prices are about to reach the parallel which the target is 7050 and after this level, the profit taking time will come.
So don't buy at 7050 cause you can lose around 350 USD per coin.
Bitcoin today may increase because of the huge demand that Bitcoin will start being traded on the regulated CME Future Exchange.
As you can see in the graph there is a potential to go up to $7000 for the next few days.
Also As we can see there are the profit takings of the former investors and with the profits that they made, they buy alternative...
Litecoin over the last 24 hours dropped about 0.5%. It still moves in the growth channel shown in the chart below. We see that support of 55.5 USD heavily defends against falls.
This level also coincides with the lower channel limitation. However, getting smaller peaks and smaller growth responses on this support suggest that it may be broken on the bottom. If...
Hey Everyone TGIF (Thank God It's Friday),
Different than stock market the Crypto market is 24/7 what gives you the option to choose when to trade and also more options that fit you.
Today as you can see in the Graph of the Ethereum it seems that now starts a small correction upside,
Targeting between 310-324 USD ( minimum rise by 14 USD.
New Corporate funds...
XRP Ripple has a new opportunity on the market for today as new funds from USA and UK are about to enter the cryptocurrencies market and you can take the advantage of generating profits.
All you need is to buy ripple but wait few hours for the correction to enter the market.
As you can see in the graph I added few indicators like regression lines...
For all the ones that care how much their Bitcoin will be worth until the end of the day or for the ones that want to trade on the Cryptos, it's an opportunity for market entry.
Bitcoin may go down for a short term of 1D and will make a recovery afterwards, pay attention in the graph I published, you can see a rule that market analyst with a...
I think I might have missed the entry for the first trade but i'll get in anyway. If the first trade is stopped, i'll enter again on the second RR indicator. The second trade makes a lot more sense given how bitcoin is praised by people around the globe.
Litecoin currently holding at the 20EMA however we expect the cryptocurrency to re-test the break out level at $54.57 before moving higher. The cryptocurrency market was hit hard yesterday as China announced they will be banning ICO's (Initial Coin Offerings) stopping companies creating finance through pricing the coins at a fixed rate.
We don't see this as a...
Are we seeing a start of an Inverted Head & Shoulders?
Resistance remains at around $4,440 (potential neckline)
Expecting a pullback to at least $4,000 from there we will see...
Professional Cryptocurrency Trader and Trading Educator
Using Fibonacci extension of 1.61 from the pull back after the last high. You can see that Fibonacci works well for bitcoin as I have the retracement on there to predict an accurate reversal point. The Elliot Wave theory also seems to show that there is more to come from the current impulse wave.