As we can see from the chart, BTC correction has ended and bounced up from strong support level. And now it has a huge potential to break out its resistance zones and reach new ATH levels. Target levels are FIBO extension zones.
Yet another example to lock in profits on the bounces. See the youtube videos the last two days for live examples of how I profit on these dumps. If we break to lower lows we will have 4 hour RSI under 20 and daily RSI at 30. 4 hour inside bar bear break last night was the indication bears still had control. Use hourly EMA 12 and 26, they have rejected every...
Congrats dip buyers. Please see youtube live recorded video last night to see the strategy I used to flip ETH 3 times. It can be applied to any of the BIG 3 as the correlations were linked on the dump. Looking for an hourly lower high, and healthy consolidation to set an hourly higher low. Bulls will have to give an hourly higher low and higher high for the 4...
There were a few fake outs along the way but huge volatility and bounce opportunity each time. Please see the live recorded youtube video from last night to see the strategy I used 3 times on the bounce. Currently all out of my most recent $1,050s position as I am looking for a lower high on the hourly to form, and healthy consolidation for a higher low. Note...
Key daily support was lost and next support was down around $10,000 which gave us extreme RSI conditions. There were many fake out bounces along the way, please see the live video on youtube from last night showing my strategy. I personally flipped ETH 3 times but used BTC action and levels as my guide due to correlation every time. Now looking for an hourly...
Due to the fact that coinmarketcap.com in its cryptocurrency price lists excluded prices from South Korean exchanges, there were several key changes. It caused that the average price of each cryptocurrency was falling. The overall market capitalization of cryptocurrencies also dropped. At present, it is less than 683.5 billion dollars. Of which Bitcoin domination...
It's been a long time since our last analysis. It was caused by the Christmas break and the break connected with the celebration of the new year 2018. We realize how important it is for you to observe and analyze the situation on the cryptocurrency market, but you should approach this topic in a healthy way, so as not to detach yourself from important moments in...
We have another week behind us and another increase in the capitalization of cryptocurrencies. Today it's over 594.5 billion USD. In seven days, it increased by approximately 181.5 billion USD. Bitcoin's dominance has dropped to 55.7%. However, the BTC rate in the last 24 hours has increased by over 6%. The Bitcoin price has already reached almost 20,000 USD. As...
The second in ranking cryptocurrency in the last 24 hours lost over 3%, and its capitalization is over USD 65 billion. In four days, we recorded increases reaching the new ATH at 750 USD. Capitalization, on the other hand, reached a surprising level of over 72.5 billion USD. The ETH network exceeded 10 transactions per second, which resulted in a significant...
Engulfing candle pattern off the back of a good run of Bear candles, the more the better. Really clear confirmation, here with some deceleration then the engulfing Bull candle.
LTC is ranked 6th in the ranking of all cryptocurrencies in terms of capitalization. In the last few days we see it growth, while in the last 24 hours its rate has fallen by almost 2%. From a technical point of view, we are still in the growth channel. After an unsuccessful attempt to break from the bottom, the price turned around and given the opportunity to...
Capitalization of the cryptocurrency market increased over the week from 199 billion USD to nearly 234 billion USD. Bitcoin dominance increased from 51.5% to 55.7%. Over the last 24 hours BTC rises 0.5%. Bitcoin Cash drops almost 10.5% Looking at the chart from the D1 interval, you can see that the BTC quotes are consolidating in the 8000 area and the place...
This week the markets were told of the SegWit2x process suspension, which was to double the size of the block. Suspension was announced in an email by Mike Belshe. He reported that SegWit2x was suspended due to a lack of consensus on the network. The response to these reports was reaching new peaks by the BTC, and after that a strong correction that continues to...
BCC is very bullish right now. No wonder, if we compare this Chart to the actual Situation out there. We will have two Camps and one camp is the BCC-Camp. Lets see what happens tomorrow with this BCC to have a clearer and deeper insight as for now. We are in the mid of a movement, so i dont want to decide for myself what happens next. Things can change to...
Our last growth scenario was almost perfectly fulfilled. The price tested support at 4.488 and went straight to our designated TP around 6.30. Over the past 24 hours we have been informed that SegWit2x has been canceled which has resulted in altcoins growths. Lisk, the 14th cryptocurrency in terms of capitalization is growing almost 22%. Going back to the chart....
Whole week we watched the Bitcoin rise to new heights. Over the past 24 hours, we have seen growth of almost 3%. Capitalization of the entire crypocurrency market exceeded 200 billion USD, with BTC dominating over 62.5%. In the top ten only Bitcoin and Ethereum Classic record growth, the rest of the cryptocurrencies are falling. We've reached 6200 USD, 6500 USD,...
Lisk is trying to break out over restistance at 4.50$. If it breaks out properly then we can start looking for long positions during retest of new support 4.50$.
Ethereum is still stucked in the console. We are waiting for proper break out which will show us the direction.