Significant sell off in all the cryptocurrencies, but this one rejecting on a key level. Potentially going to make a 2nd touch (bottom) and reverse in movement. Support at 10.00, rejecting there now. Resistance at 15.00, aiming for that level.
BTC continues its higher low/higher high pattern by forming another higher low on the 4hr chart. and is now testing the top trendline of the falling wedge again. To continue its bull pattern we will want to look for it to reach a higher high than the last higher high of $7777 I personally think we will be heading up to 8k before the next retrace but are currently...
Very positive signs as of late for BTC as we can see on the 4hr chart we have already formed a higher low at $7270 and are now setting our setting our sights on following that up with a higher high which we will need to get above $7661 to reach. If we do achieve this higher high and then follow it up with an additional higher low then I am confident we have gone...
Hi guys, if today's candle closes as a lowtest I will go long on GBPCAD. Overall another B Type Setup with 5 Confluence factors, as shown on the chart. Target, entry and stop will be as shown on the chart. Best wishes and happy trading,
Hi all just wanted to gie you an idea of what to watch for if this bigger Adam and Eve double bottom is valid. If it is the size I'm projecting, then the bottom is likely already in at $6420 back on Easter(aka Jesus' resurrection and possibly btc's resurrection?) so far we have just established a higher low on the 4hr chart after the higher high we had of 7500 so...
could look like this, was way too bullish to think that it would have corrected so fast but now that MACD is turning up and BITCOIN is about to *hopefully* start pumping after tax season is over. we can see higher highs in BtS!
As you can see we have busted up out of the bull flag and thus also upward out of the bear flag as well...I have posted 2 price targets for a bull flag breakout one that considers the pole of the flg to be just one of the green candles a price point we've already reched...and then another prie point in case the entire bull flags pole was also the long green...
Bitcoin: BTCUST Last Update 01:20gmt/20:20est Bitcoin is continuing to grind higher, still contrained by the parallel above it.It's double topping in the near term - has to find buyers enough to push above the high at 11490 on Coinbase feed but will likely still get rejected by the parallel above it even it can push higher now - but grinding upwards towards...
Prices are currently at THE 39.00 - 38.00 Zone. I believe that we could potentially see prices go lower only to spike back up, ultimately wiping out prior higher highs at both 49.00 and 60.00 . I don't believe however this is going to happen immediately, we might be monitoring this for a while guys. Let's now wait for this stock to find a lower support...
BTGUSD Update BTG never made it to 188 entry point, which was calculated by it hitting the long term rising support at the bottom of the chart - unfortunately 1 day earlier than it did - close but no cigar. If you got the eventual low at 190 bang on by watching and waiting that extra day you have been well rewarded for that patience with BTG up 45% in 36 hours...
IOTA IOTUSD The last two trades this week on Iota longs have both used the break below the speed line under the day's rally to exit. It has worked quite well so far...the first from 3315 to 3712 and the second from 3315 again to an exit at 4100. The next entry point here was on the break of the minor downtrend at around the 3604 mark but missed it due to...
LITECOIN: LTCUSD Litecoin is in the process of making a flag, signalling that his period of weakness is just continuation before LTC pushes higher still. Two strikes on the lower parallel spells HOT. Buy on dips now back to 92 and add when the upper parallel is broken on upside for momentum burst into new high ground. Stops under 92 and under the upper...
UKOIL: Crude Oil Brent Update In the last comment stops were raised to just under 60 as we continue to run this long-pull swing trade to its conclusion, which may happen on Tuesday coming. The low yesterday was 60.01, so it came within 6 pips of stopping out before rallying once more. A damn close run thing, as Wellington said of the battle of Waterloo. Still...
based on previous pump, weekly, daily, 3h, and 1h RSI and Stoch RSI. bitcoin will begin the last leg of the markt cycle (on weekly graph) and break highest high after the cup and handle.
BITCOIN BTCUSD Still grinding away towards this weekend's target at 2137-2140. Looks so strong now it's back in the main parallel
UKOIL: Brent Crude Spot: continues to grind higher towards likely upside target at $55
GOLD currently trading at a Key resistance and has previously made higher highs from failing to eliminate previous lows to continue down to 1200s, as the dollar makes lower highs looking for XAUUSD to proceed to a target of 1260, 1300s before coming back to retest its low. Look below for DXY outlook.