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Bitcoin daily chart has formed a massive bull flag. The price should drop to $5,800/$5,600 which would touch the bottom line of the bull flag. This level is also 0.786 on the Fib chart, also a strong support level. And finally this should create a double bottom with 12th Nov which should indicate a trend reversal. RSI is oversold too on the daily. Last time this...

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Bitcoin chart has formed a massive bull flag. The price should drop to $5,800/$5,600 which would touch the bottom line of the bull flag. This level is also 0.786 on the Fib chart, also a strong support level. And finally this should create a double bottom with 12th Nov which should indicate a trend reversal. RSI is oversold too on the daily. Last time this happen...

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Verge is on a bull run while the rest of the crypto market is struggling. This is based on the fact that they've managed to raise 75m xvg through crowdfunding and a new partnership that they will announce on April 16th 2018. There seems to be a lot of excitement around this and this reflects in the price action. You have to remember this is a bear market and xvg...

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If LTC bounces back from $107, we would have created a double bottom which will mean then end of the bear trend. But for now looks like we are aiming for $107.

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In the time of darkest defeat, victory may be nearest.” – Williams McKinley Like many of you right now, I am getting tired of the bearish market and can't wait for the bull run to begin. It might look like that won't ever happen, especially when there are many negative takes on the future of bitcoin. During this doom and gloom, I try to look at the big picture to...

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Verge is currently very bullish. It reached 690 ($0.055) satoshi yesterday after that announcement that they have a new partner. The name of the partner has not yet been announced but will be on April 16th 2018. They have also managed to raise 75m XVG ($3.2m) through crowd funding in just over a week which is quite impressive. This basically shows how strong the...

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BTC on the hourly chart looks promising. We have a falling wedge which is a bullish pattern. MACD is looking bullish and RSI is showing a nice upward trend. If there is a breakout to the upward direction, I would expect the price to test the lower upward trend line (Red) around the 0.618 fib levels which can take the price to $8.2k. If that is broken then high...

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BTC on the hourly chart looks promising. We have a falling wedge which is a bullish pattern. MACD is looking bullish and RSI is showing a nice upward trend. If there is a breakout to the upward direction, I would expect the price to test the lower upward trend line (Red) around the 0.618 fib levels which can take the price to $8.2k. If that is broken then high...

GBBBKSA Updated 

So we have reached the first target that was $152. However, it doesn't look like we are stopping there. BTC and LTC are both looking bearish. MACD and RSI on both are bearish as well, Looks like LTC is heading to $146.

GBBBKSA Updated 

BTC has not yet broken the lower uptrend line. It has bounced off it twice which is also around the 0.6 fib, which looks positive for now. The longer it tests this trend line the weaker it get and if the trend line and 0.6 fib is broken, then the next support is at $7736. MACD is looking bearish. RSI is oversold, however, it's acting like the last time BTC...

GBBBKSA Updated 

BTC has formed a symmetrical triangle on the 4 hour chart. If we break this and downtrend, we will test the lower trend line at $8k. However, the lower line of the triangle seems to be holding. If this holds, we should see a bounce back to $9k.

GBBBKSA Updated 

Litecoin seems to have formed a descending triangle on the hourly chart. However, prices haven't broken the 0.5 fib yet. If this level is broken, we can see the price dropping to around $152. Next support is at $146. MACD is looking bearish too. However, a positive development in BTC can reverse this. I am neutral on BTC at the moment. Just an idea. Please do...

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Steem seems to have formed a symmetrical triangle on the daily chart similar to what is seen on LTC and OMG (please see link below). The conditions of the symmetrical triangle is very common to what was published for LTC 7 OMG. If there is an outbreak to the upside, prices can potentially reach $12 to $14. This should be achieved between June to July as long as...

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Steem seems to have formed a symmetrical triangle on the daily chart similar to what is seen on LTC and OMG (please see link below). The conditions of the symmetrical triangle is very common to what was published for LTC 7 OMG. If there is an outbreak to the upside, prices can potentially reach $12 to $14. This should be achieved between June to July as long as...

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A,B,C correction from the peak of $19k seems to be over. Looks like we are in wave 2 after wave 1 which reached $11.5k. Wave 2 is nearly over, but might see a drop to 8k before we start wave 3. Wave 3 should take us to the previous high of $19k and see a pull back to $15k in wave 4. Wave 5 should end around the $28k to $30k mark. Timescales are always hard to...

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Overview As people's lives are getting busier, they are turning towards technology to make their day to day tasks easier. Online grocery shopping being one of them was $98 billion in 2015 and according to IDG, it is poised to grow to $290 billion in 2020. Even though convenience is key, cheaper prices can have a huge impact on where and how the consumer...

GBBBKSA Updated 

Potential bull flag spotted on the hourly chart for BTC. If confirmed, the price should get to $9,180. Positive news from G20 is what gave the flag the pole. GG The price hasn't seen a drop since the rally up. If we measure the length of the pole and project it from the breakout point, we should get the price target which is around $9,180.

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Bullish flag has formed on the LTC hourly chart. Target is between $185 to $190. $190 would match nicely with the end of wave 3 that I have on the chart and at around 0.5 fib levels. Litecoin (1.35% as of writing) has had higher growth today compared to bitcoin (0.37% as of writing). Looks like the market is strongly behind LTC.