I see BTCD has been accumulated for more than 5 months. Time to breakout and reach prices over 0.01
Following the EW theory...this might be the 4th wave up.
Updating my previous ETHXBT chart, we seem to be retracing the recent decline. Now, this could be an uptrend continuation setup, or simply a detour before more downside. Ideally, you could have entered longs where I covered my shorts, (which I didn't get to do). Currently, the lower timeframes might allow an entry on the long side, if offered with a safe setup...
This could be the 4th wave down or the first part of the an impulsive wave up to make a double zigzag or the bullish rally continuation.
On February 7 we started to break indecision which lasted from the end of January. Now its finally confirmed that Bitcoin price will rise, at least for some time from now. RSI is still low around 60 on higher timeframes above H4. Uptrend is confirmed by quick breaking resistance levels which are subsequently confirmed from the upper side and price climbs by this...
Hello guys whats up? Another analysis is here for you. Look at that nice green and red candles making new lows day by day. They are so strong and sharp. When does it end? Next week or a week after? When comes that day when we fall at the very bottom and price turns north? Desperate time desperate measures. Despite we all love that shiny Bitcoin we must sell it....
THIS is good BUY time who still want to enter ETH and not get in yet...this is right time to do that and wait for some big up move as my previous idea...
My analysis of this pair suggests that Ethereum is about to break from a huge triangle present in the daily chart. The volume information tells us that the fair value price has shifted up and down 5 times already, in smaller and smaller swings, time and price wise. This is typical triangle behavior. The safest way to trade it is via a breakout, but I think it will...
This is my FIRST ever idea published here on treadingview :) We have .382 retracement of initial leg, then we have double bottom folow by bullish divergence on RSI so i expect up move to complete on 1.618 of right leg of double bottom that is perfectly match with 0.618 retracement of initial rally
XMR is in an interesting juncture right now. We have low volume profile support below at 0.001355, but the weekly signals are of a strong downtrend aiming for 0.000913 as first target, and 0.0007 as second one, by January 25, 2016 or earlier. As long as price doesn't move above 0.001978, then this forecast is viable, and also validated by rgmov, which is in a 44...
Here's few ideas about ETH now. Inverse HS is pretty easy to see. Same as less power of downtrend (look at 100 and 200 ema). Going above 100-200 ema would establish potentialstrong bullish wave. We can be in a bottom of bigger formation similar to c&h. Targets for 3rd and 5th wave can be fibo levels (or near to fibo): .236 and .382. Green is potential target of...
Ethereum seems to have picked up on activity after being really illiquid for the past week. We have a clear mode at 0.0051, and an interesting volume and range expansion out of it. If we start seeing new highs every 5 days at the very least, we can say that the uptrend has resumed and we can expect to hit prices over 0.0081 again. I'm rebalancing my portfolio,...
I'm not buying more, but I'm not selling either. It seems that btcusd is bottoming around here, as shown by the price chart. We can observe falling volume in the selloff, and more than 5 days without new lows. It's a complex chart, and conventional analysis methods won't work well with it. The trend is mostly formed by the current mining production, the markets...
I wouldn't know about the fundamentals, but what I do know is that the Ethereum market is trading with very high volume, and that the ETHBTC chart looks really bullish. Sadly I can't publish my chart here, since Tradingview doesn't include Poloniex in the list of Bitcoin exchanges it offers. After they introduced margin trading and lending, they became hugely...