CryptoMAt200

CryptoMAt200

Just want to get you guys ready for this next session, if you thought that the waiting was hard and you we're tempted to fomo, this next part wont be easier. Why? - 9 260 became an important level of support in the last couple of days, now that it broke down price action will feel alot more ''Bearish'' - Alot of people are currently looking to take tp...

CryptoMAt200

After hitting bottom at 6.4k Bitcoin manage a 48% reversal to make a Cup pattern.. What's next? Like you all know i am expecting to see a little retrace, here's why: - Monthly Broke a downtrend, re-test is at 9 040; - Weekly is currently breaking that same downtrend (since early 2018), we have the confirmation on tomorrow close; - 3D broke 9 040 - 9 150...

CryptoMAt200

Up by 46% since mid-december, are we going to retrace at some point or just continue goin up.. Let's do a backtrack of the previous moves (From 2019 - 2020): 1. First impulse, we see a pump from 3 750 to 13 750 in 5 months! (January - June) 2. Then we saw a downtrend channel formed, we retraced in that period from 13 750 to 6 500 which is a 56% retrace!...

CryptoMAt200

Btc is up by 3000$+ in 6 weeks, is there still place for higher highs or we'll get a bigger retracement first? Price action: - On Monthly we are breaking the lower trendline (Around 9 050) which indicates me that we should see a test of the top trend line in the next month (Around 10 000). - On Weekly we are playing for a very important break, since December...

CryptoMAt200

Finally managed to breakout of his downtrend, Xrp is looking ready for a bigger move up! Price action: - Broke out from a 7 months downtrend; - Broke 0.231 resistance; - Re-test was successfull; Indicators: - Macd flip bullish (on 3d) and is flying up; - Rsi is going up, if we can break 54 it should help pumping the coin; - We are in the cloud and right...

CryptoMAt200

[bLet's look at yesterday's price action: We started up with -600$ dump in 15m, then saw a 300$ recovery in 12h, then we saw -300$ dump in 45m to finish with a 200$ recovery.. What can we expect next? 1. Higher timeframes vs Lower timeframes We can clearly see that we have a big battle going on. - 3d & 1w are extremely bullish; - 1d is pretty neutral; -...

CryptoMAt200

Eth/Usdt 1d (early 2020) Vs Btc/Usdt 3d (early 2019) Let's start with some history: - Around April 2018 Bitcoin started a big downtrend triangle that lasted around 8 months, afterwards we broke down and made a 47% drop before slowly taking some ground and start claiming back big levels too 14k. - Around September 2019 Eth started a big downtrend...

CryptoMAt200

Are we really going too 9 420? Here's a couple of good important points to look at: 1. Break of 8 900 * In the past the 8 900 level has been a really big Support/Resistance, that's why it was key to break it to see further upside; * On the 4h chart we just closed over it and re-test is succesfull, this means that bulls are now in control and ready to go...

CryptoMAt200

Bitcoin manage to make a 36% move, is it time for a retrace or will we continue the uptrend? Today's analysis will be pretty quick, i want to look at a couple of facts to figure out where we should go from here. 1. Break of the descending triangle We broke a 7 months downtrend, and because of that break we are clearly bullish, Macd flipped and Rsi broke a...

CryptoMAt200

So can we say Game Over for bears or there is still hope? Update on the Breakout: Since the break on the 7th of January, i said that i was expecting 8 480 - 8 560 before going for a retrace around 7 800. Well we just go it 1h ago, although i still see a possibility of extending too 8 568 before a final retrace around 7 760 - 7 903. Why 7.8k? - That's a...

CryptoMAt200

Although many are waiting for Bitcoin to start a bigger upside move, many are not giving enough attention to major caps.. Here's why i think it could be a good idea! The Downtrend Channel impacts on Eos: - Price has retraced over 75%; - Have been losing Volume for 8 months now; - Almost no one is talking about the coin anymore; But today out of nowhere we...

CryptoMAt200

While everyone is trying to figure out if Bitcoin bullish or bearish, most of them are missing some great opportunities... The Downtrend Channel impacts on Ltc: - Price has retraced over 75%; - Have been losing Volume for 8 months now; - Almost no one is talking about the coin anymore; But today out of nowhere we got a 15% pump and just broke the Channel. ...

CryptoMAt200

Only 3 days after the breakout everyone is calling a drop to 7.5k, then 7.1k, even 5.5k.. But is it possible that capitulation is already over now? Informations to know about Falling Wedge: - Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns. - The pattern usually forms over a 3-6 month period and the...

CryptoMAt200

Both are breaking down at the current moment, can we expect Local Double Bottom now? Well sadly yes it's my current stand, Xrp broke down and re-tested the lost level yesterday. From here there should be alot of downside to come even if Btc manage to hold 7 850. For Eth it's pretty much the same situation but a day later, we are currently breaking from the...

CryptoMAt200

After seeing a rise in the price of 1600$ (23%) in 6 days, can we simply assume that Bulls wons and that we only long from here? Well not exactly, it's the 4th time that we get massively rejected on the top of the trend line , this means that bulls are far from winning at the current moment, in fact now bears could get an advantage.. Why? - Over 300$...

CryptoMAt200

After seeing a rise in the price of 1600$ (23%) in 6 days, can we simply assume that Bulls wons and that we only long from here? Well not exactly, it's the 4th time that we get massively rejected on the top of the trend line, this means that bulls are far from winning at the current moment, in fact now bears could get an advantage.. Why? - Over 300$...

CryptoMAt200

Just want to make a quick update on my shorts that i posted yesterday, like i said i am only short in Eth and Xrp at the current moment but i will be closing these shorts in a few. Why? They both broke up and are re-testing the break zone right now, but i would suggest to long Eth before Xrp since it has way more buying volume right now. Yesterday was for me...

CryptoMAt200

Btc/Usd 1d - Timeframe Okay so i'm starting to make my mind on the next play in want to go for. So like i previously said i'm for sure bullish on Bitcoin, but Major Caps are screaming a final retrace for double bottom.. And there is all this history with Usa and Iran people saying that Bitcoin should explode to the upside right now because of it.. Well not...