BNB besides maintaining the same price in the last weeks what we have here is a clear accumulation sign and what shows us that is RSI riding up indicating a buy volume. Also we have a strong support at 140K satoshis and EMAs are converging making easy for BNB to break the resistance and ride up! I am accumulating here. I don't know about you hehe
Bitcoin has been falling since 20K ATH coming back to this uptrend channel that has been here for more than 3 years. Right now it is testing the bottom of the uptrend channel. If we bounce here we might start another short term uptrend to test at least the top of this channel(7000$-7500$) but if we break down we might see Bitcoin falling hard to 3K-3.6K level.
All eyes on Bitcoin now. Very important level to watch! If it loses this one last chance of bouncing 5K should come.
Bitcoin broke major downtrend in the last month and this week we finally retested the previous resistance line as a support and it was a perfect retest for bulls. What we have now is a bullish breakout followed by a bullish retest. 1D indicators are also looking bullish : Stoch RSI is oversold indicating another wave up. RSI is making higher lows indicating that...
After a perfect correction to 50% fib level looks like VET found a support area here and I decided to add some bags to my portfolio with a tight stop loss under the support. Looking for these blue lines as targets! Indicators also oversold indicating a possible reversal from this support area.
Bitcoin made this huge pennant in the last couple days and by this point you cannot tell if Bitcoin will move higher to touch a key point like 10K dollars or a lower key point like 5K. If you see someone calling a bull run here or a bear run it is just a speculation or a trade they are making. At this point the probability of breaking up or down is a 50/50 and...
After breaking such a strong support I had a target at 175 based in my Fibonacci. This week we reached the fibonacci area/price and I am accumulating now ETH for mid term /long term. It might take a little more time to start reversing but this is definitely a strong support/accumulation area and the risk reward is amazing. Indicators are also very bullish in 1D...
Today we have a green market and altcoins in general following BTC/ETH. I am opening a position in EOS with target and stop loss showed in the chart above. Enjoy the idea and trade safe!
These 2 curves that we see here in Bitcoin are being strongly respected and I will definitely keeping my eyes on the buy/sell signals it can give me. A bullish perspective: The downtrend has been losing steem as you see the angle of the curve is finally turning up and the 1000 dollar dump that we had in the last week could have been the last downtrend dump. We are...
Bitcoin found a solid support in 6100-6200 area and right now we have a possibility of an inverse head and shoulders . Indicators are not fully bullish but the chart is. Risk reward is good since our target is way more profitable than our loss and since the scenario overall is bullish in the 1HR chart. Position opened! Good luck if you agree :)
Bitcoin updated chart. We are now close to a breakout of a 30 min pennant. If it breaks down we should target 6100-6150 dollars If it breaks up we should target 6600 dollars. Being very careful with fake breakouts
pbs.twimg.com wall street psychological chart. PUMP IT
Bitcoin disrepected a lot of patterns in the last days but one thing that it did respect was this short term support which has been holding up price very strong. Right now bulls are pushing up price slowly and they are confident with this support but bears still dominate the 6500 resistance area that has been holding down Bitcoin price in the last weeks. For me...
Expecting inverse head and shoulders with target at 6.8K-7K in Bitcoin 4 hrs chart. I will wait for the neckline breakout to consider opening a long. Things looking bullish now besides the overbought STOCH RSI in 4 hrs . In 1 day chart things look very bullish and we might see some green days ahead but first we need to complete this pattern to confirm the bullish...
This monster again showing strength . All indicators are bullish : Stoch RSI oversold. RSI oversold. MACD starting to cross up. Bouncing from strong support line. I filled up bags at the support line and I am bullish on this baby now in the mid term.
Bringing wall street psychology cycle to Bitcoin chart. Psychology wall street chart link: ritholtz.com
I don't even need to comment in this chart. I am also not even going to show indicators because the chart is already too bullish alone and doesn't even need a chart. “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” GLHF
1 Line I am buying the breakout in blue line to sell in the other blue line. Why? Indicators are extemely bullish (All oversold and MACD reversing), we are in a reversal area, the risk reward is huge and etc... Not gonna say anymore than that. Charts speaks for itself.