Based on my analysis : Since September 14th we've entered a channel, and exiting it will mark the real direction the market will go. I'm seeing the bulls power is "sanding" a bit. What is sure, for me, there is too many uncertainties right now to take action. The UP move is a bit compromised as it is now. Also, I've seen 2 of my support levels (violet lines) are...
This analysis is not based on feelings. We have used many sources of information and professional long-term deep research. We will provide a regular updates over time.
BTGUSD Next Short Set-Up from Here The wider spread compared to BCHUSD has seen volume shrink away on this pair and swell on BCH. But it's still a good shorting vehicle nevertheless. It halved from 26 to 13 in a matter of days for example. "No coin is ever too low to sell" - to update a W D Gann quote for the 21st century. The downtrend is still strong here...
ETHBTC This has been a good short through most of August, down 20%+ from the 542 break level to 426 now. There was a second chance to short again from the lower green arrow as it broke the continuation pattern at 46 which has yielded close to 10% this week. But it's making a little double bottom here and the near term downside target has been touched...
NEOUSD Update and Next Trade Points It's been a week since the last scan across the top 20 or so coins. A lot has happened in 7/8 days. Remember that no coin is too low to sell and likelwise in a bull market no coin is too high to buy. Remember also that we play a game of probability. Some play momentum and volatility and some play hunches and mistaken beliefs....
A close-up to support the idea I just posted, of what might be a last 5-waves down. If the fib channel plays out, we'll see a move up to the 50% line around 1760, and then a move down. Support to break is around 1350 (big significant previous low), and if we pass the that point people will dump their BTS and we dip down to 900 sats levels. Or not! As always,...
GBPUSD Sterling has spent all of August in free-fall. After breaking below the support line at 1.3029 it's finished the week right on the next line of support at 1.2766 after a low on Friday at 1.2723 . It should counter-rally some more from here, potentially as high as 1.2928-1.2957 at best before it comes off again back to current levels at least. On the...
ye it's going up
Patiently waited for the bull (R.Angle) ascending triangle to complete on 4h chart, with MACD convergence made the trade simple. Strong bull candles on previous days recommend to break through and move forward, Loaded up @ 1.7187 with RR=1:5. Will evaluate the trade during and after. Happy trading.
BTC seems to be pretty unpredictable right now but really likes the 7k... This is an idea of 1 more month tanking, entering and leaving the month AUG at 7k, to make a real GREEN MONTH in SEP. The White vs Yellow is my ideas
Bitcoin has been rising since 24th of June, and went from $5780 up to the recent high at $8490 area, gaining 48% against the USD. Currently price has corrected down and found the support at the 50% Fibonacci retracement level and rejected the uptrend trendline at the same time. Overall, the trend remains bullish and at this point, while the Fibonacci support...
ZenCash has been trending upwards since 24th of June, and has climbed from $15 up to $34, gaining 134%. Recently ZEN/USD faced the resistance at $32, which is 127.2% Fibonacci retracement level applied to the last corrective wave down. Price has spiked above the resistance, althogh failed to close higher, suggesting the corrective move down. At the same time ZEN...
Ok so 5ish % growth is not that much but it looks like it's found a support at 16.40 I don't know but I have a feeling about this one, can it be a breakout? hmm...
Ethereum Classic found the bottom at btc 0.002, that has been reached on the 24th of July. Price then went up and today broke above the descending channel, which could be the first signal of an upcoming corrective wave up. ETC/BTC might increase towards the strong resistance near btc 0.00245 area, which is 61.8% Fibonacci retracement level. At the same time this...
INS Ecosystem found the bottom at $0.52, that has been tested on the 12th of June. There INS/USD formed a double bottom and rejected the downtrend trendline as well as 127.2% Fibonacci retracement level for the second time, suggesting that the bottom might have been reached. Today price has been going upwards and broke above the 50 Moving Average. Perhaps this is...
I see upside coming up first. Bouncing off the main fibo line.