3h BTC Update . No Predoictions. Just to Watch & Analyse. How ist your Chart setup looking right now? iIm Watching the 200ma right now, see where it goes
Can you see the clear inverse correlation between BITTREX:STEEMBTC BINANCE:STEEMBTC and BTC Dominance? ** Not at all calling this a STEEM/BTC bottom, but the chart itself is fascinating. Some main points: 1) Sitting on support @ 2 year ATL - bust these lows and we need to redraw our fibs for profit targets. 2) Confirmed bullish momentum/volume divergence...
Let's go through today's bitcoin analysis. Today I follow 12h to try to draw a slightly larger picture of what we are now seeing. Bitcoin trades today about 3% over 200sma, which it has not done since September 2018. 4 times before, it has been traded over 200sma under the bear market, every single time bitcoin have failed to break out of the falling wedge...
I do think btc will take a little dip to retest the 3750-3800 arena. -if we look at stock rsi we will see at the 6 hour chart it is clearly oversold, this also applies to regular RSI, we can also see a double top on the 4h chart, so I'm pretty confident that it is now going to retest to confirm the bullish support. -MACD is also showing sings of losing the buy...
The highlighted area shows the place where price is likely to bounce. The Trend remains UP as long at it's not broken. The buy zone is a break of the 33 level with clear momentum candles. A momentum candle is a full-bodied candle that shows power, magnitude and growth. This trade is purely based on technical aspects coupled with clearly reading the tape. Tape...
TRX have the last few weeks been in a upwards trend and I think it has bottom out now between the 280 - 350, as we can see on the volume it shows that the past 3 weeks has been very low on both sides, I therefor see this as a strong buy signal since the sellers volume also are low. I expect the bulls to come slowly over the next few weeks and that will also...
NEO can make a cup and handle against BTC and still grow a little bit until they hit ichimoku cloud Stoch is near at overbought zone so we need to calm down a little bit and also the price will going down slowly,IF BULLS can manage this,we can see here a cup & handle and a breakout til 0.00256 Macd going to neutral zone Rsi bullish But,all depends on BTC and...
I m very very bullish at ada in long term but short term is a little bearish -RSI double top 1D -Stoch overbought 1D -BTC about to drop( we are in CBOE futures which is bearish) Entry short 1301 sats 1 TP- 1241 2 TP- 1137 Below 1137 will be a free fall for ADA Bottom also is at 655-710 sats
BTC at the moment is situated into a descending triangle which can breakout any direction We have stoch bearish divergence at 1D and also stoch value is close to be overbought Ichimoku cloud which act as a strong rezistence Cboe futures until 16 oct which is bearish also No volume We need to go down below 5k for a reversal becouse RSI and MACD is too high at 1month
Hi everyone :) It's been a while since I traded TRON now last time, and I see again now the possibility of a long trade, this time I take a position with 20x leverange. What I see is that TRON now moves to take a breakout of the falling wegde hopefully, and that's something it must do now as it's soon finished the wegde I therefore believe in a long position...
Binance, who doesn't know Binance if you trade crypto. The largest crypto exchange in trading volume and expanding rapidly with good fundamentals. If you believe in crypto longterm and you want to diversify your portfolio wisely, then Binance coin is not a bad choice! Compare to a lot of coins, BNB/BTC has been legging a bit since the recent BTC bull run....
Charts tells all, ask if you wondering about something :) Do not make your choices based on my charts or opinions. :)
We've covered Ontology, ONTBTC previously but that didn't go as planned but now the chart looks more promising so let's take a look at it again shall we. Ontology, ONTBTC one of the better performing coins since their launch on Binance in March has retraced quite a bit from its highs but has found good support around the 0.0004500. It has bounced off that...
Dash has rocketed intra-day to trade above the 500 handle however, we have the 200ema on the daily timeframe @ 513. Support by an ascending trendline and horizontal support - Bullish momentum is being adopted across the cryptocurrency and altcoin markets. Following the upside break at around 471 the pair seems to be wanting to test further upside and the 200 day...
As you can see in my chart, we have now completed waves 1 & 2. Wave 3 will now begin and I'm expecting the wave to extend to the 1.618 Fibonacci Level or 1.382 at the very least. We had an Irregular correction which allowed Wave 4 to go into the price area of Wave 1. We have just went through an extended correction which means we will have a strong move once...
According to Stoch RSI, XRP is very close to rise again. If volume comes, we will see a minimum %15 raise from that point. My trade strategy will be; Buy Target: 10 unit from 96k Sell Target1 : 105k 5 unit Sell Target2 : 120k 5 unit Target Profit: %17 (Additional Buy target : 5 unit 95k / 5 unit 94k / 10 unit 93k) Sell Targets will be updated if...
This is some fundamental technical analysis of a "Flag Chart" NEO has shown to follow the past day or so. A very short term bull run to come in the next 5-7 hours. A great strategy to use in day trading highs and lows.
One of the best and one of my favorite (day) trading patterns and strategies is the flag or triangle break, especially in a bull market or after a huge run or in a clear uptrend. In this post, I want to briefly cover what a flag or triangle break pattern is and how you can trade this pattern with an example on NANOBTC. What is the flag break pattern? A flag...