Indicators:
Dash Purple: structural downward trend line
Dash Brown: Long run channel that broke out in November
Yellow Time Frame: Chinese New year holidays
My thoughts:
Sitting in the Middle East, for the last 3 days, i have seen the western markets be bullish, specially after the US Senate hearing and bring the BTC market up and the Asian markets bring it down,...
There is a support level at 8800. I dont think it’s gonna break down it. Though investors lost their trust to btc a little bit, it will start its bull run to 20 K in February.
By the way a hidden bullish divergence in the chart I made must make you happy. Dont sell your bitcoins to whom the thives want to steal it. Just hold, just as we did before...
LADIES AND GENTELMEN:
Comes now my humble not too "nooby" analysis; if you are HODLING a litecoin at the moment I would like to tell you ( be ready) you might encounter some heart issues in the coming days because we are about to see a bigger dip coming soon to the one of the major support lines as seen on my graph which $140. However, do not yet hesitate on the...
ANALYSIS
MACD and RSI are positive on 1 Day charts. Still room to have a small drop. Firm support at $28.00 and secondary support at $29.20
INTELLIGENT PREDICTION
(1 - 7 Days) Short Term expected gain 15% - 50% (MEDIUM RISK)
(1 - 3 Month) Mid Term expected gain 400% - 2,000% (LOW RISK)
(7 - 18 Month) Long Term expected gain 1,200% - 5,000% (LOW RISK)...
I'm currently long ETH and contemplating moving to cash if it doesn't break up through the upper triangle line in the next several hours. While BTC has already completed an intermediate wave (A) and (B) wave and may be near completing if not already completed its final (C) leg of its pullback, ETH might only now be completing its (B) wave in the form of a...
wait for the breakout. if it does , 0,382 fib level is target. around 40% gains. Unless there is a giant fomo we might see new ath. something like early summer/late spring, movement 2017
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Underlying: ETHUSD
Time frame: 1D
What am I Looking to Happen:
So we posted a few days ago about ETHUSD potentially hitting 330 from 300. This has happened. The MACD has still not crossed and cleared the MACD...
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Underlying: ETHUSD
Time frame: 1D
What Has Happened So Far:
So we have realy just been trading sideways for most of the time. I did post the other day about the Bollinger Band range tightening but I did not think it...
NEO finding strong support well above the 50-day moving average. Buy volume seems to be coming in relatively well, and the 12-day EMA on the 4-hour chart seems to be on a steady upward rise above the 9-day EMA. Lets see if momentum can be held. Note: If NEO can break through its $40 resistance level, this would clear the path to $47-$50.
The main thing I see that makes me skeptical is the fact that the volume on the most recent run up to the high $300s was significantly lower than the 1st run, and the Volume MA for that entire period. It seems like all the new money has become complacent and isn't really buying in and the sellers are eager to take some profit. It could be all a ploy to lower the...
If we pay attention to recent history of ETHBTC we can see that it respect very well the oscilators when its oversold. Now we have a light divergency on stoch rsi. I know it is not much or means nothing for most of you guys. But I encorage you to watch closely how ETHBTC behave when oversold and the oscilators tend to signal a near long status.
ETHBTC
Right...
The MAs (moving averages) give us a nice signal for entry.
When price moves up, it almost always stops and takes a break to digest. That is called consolidation.
Buyers are taking profits and sellers are coming in, but not enough to make the price shoot up.
The price hovers around the same price until the moving averages catch up.
Moving averages, by nature,...
Fib trade.
I'm still quite bearish ETH. With all the noise in the market with ICO's and so on, i still see the value being to high!
Stop loss could be placed above the fib retrace level.
Enjoy!
Lot of consolidation lately as people use their funds to buy other alts. The bull parade could be slowing down and time to take profit and return those funds to the staples, LTC, ETH, BTC.
Ethereum is showing signs of building up pressure to move back up. If it breaks above the 200 MA on the 5 minute chart and the 55 MA on the 15 minute chart, then we could...
![BTCUSD: [UPDATE] Finding Mr. Bottoms, when will this search end?](https://s3.tradingview.com/y/yjg78iAT_mid.png "[UPDATE] Finding Mr. Bottoms, when will this search end?")
