HatrekoS

HatrekoS Updated 

Hi guys, Moeda has actually a huge potential, both on technical and fundamental plans. I will not detail why, you should make your own researchs. On the technical, 2 key insights : • Huge head and shoulder forming • Bullish bat pattern may be confirming, why ? Because we saw 1 bullish trap and now we have a harami pattern. If you do your own technical...

HatrekoS

TECHNICAL In that kind of scenario, you should understand that power of moves depends on how many investors are looking in the same way. The triangle represents well that vision. Monthly investors don't have any signals to feel that is the time to enter. We still are in the huge correction we began few months ago. So if monthly investors are not buyers, they...

HatrekoS

Hi guys, Long trade on LRCBTC, that kind of reversal configuration occured a lot in the other altcoin markets. In hindsight, LRCBTC goes under the principal channel (dated from the listing on Binance). The price is considered as undervalued. The historical moves shows great reaction of the market. Loopring is a nice project for traders. The team is transparent...

HatrekoS

Daily timeframe: • Elliot waves theory -Wave 1 completed -Wave 2 complicated ABCDE correction and lasted 1 month -Wave 3 huge and profitable -Wave 4 simple correction and lasted few days - Wave 5 is completing • Stochastic bounces on 50 and crosses, only one bearish divergence but we are not overbought • RSI indicates a bullish market, no clear bearish...

HatrekoS Updated 

Potential W pattern. We still are in the rally. MACD cross. Long trade opportunity: -Entry=16.2 -Profit target=20.8 -Stop Loss=14.9 If we break the black line resistance, we should see strong buy to confirm the pattern.

HatrekoS

My previous analysis is confirmed for the red path. Now we are at the pivot of May, and we would obviously retest the pivot of 2018. We would encounter our long trend line in black, if we don't form a bottom pattern and break that line, we would see $208 support. Otherwise, we would test the pivot of June which will be located around $650-$680. The bear market...

HatrekoS

Is the future of ETHUSD and other cryptocurrencies is bright or not? I decided to make that chart analysis to clarify the situation and draw an approximation of the different paths we would follow for the end of May and during June. In that chart you could find all resistances, support and pivot zone that I calculated according to two assumptions: 1) We follow...

HatrekoS

Hi guys, We don't need a lot of words to explain that chart. Key insights : • Pennant (blue triangle) with higher lows • Ichimoku red cloud is narrow and so close to the breakout location Wait the breakout, if it breaks up, buy the breakout. To see the breakout, we should see high volume is a great green candle formed. If the breakout occurs, the mid Fib level...

HatrekoS

Here we are for a new analysis for the short-term for LTCUSD. As you can see on the 4-hour chart, we have just found a new possible bottom with a clear rejection of the 23.6% Fib level. On the RSI, we have a one-week bullish divergence that indicates we have an opportunity to make benefits on the short-term. In fact, we would retest the 38.2% Fib level within...

HatrekoS

Here we are for the update of my previous analysis. In only one week, we reached the buy zone which match the 50%-61.8%. I draw that zone because we may be in the second wave of Elliot impulse wave theory. The wave two often completes in that zone. Moreover, a lot of people wanted to spot the real cup&handle, and as you can see, the follow cup&handle could be...

HatrekoS

While bears is taking over the market, just analyze the chart to take corrections opportunities during the bearish momentum. Now we are at the 50% Fib and we may expect a bottom pattern if we want to trade a possible upward move. Check the hour-chart or 4hour-chart to see if entering for a short trade is interesting. Moreover, to be sure, take a look at the...

HatrekoS Updated 

After having finished the ABC correction wave, we may enter in a new impulse wave on the long-term. The impulse wave I drew thanks to Fib retracement, indicates the different zones where we could find tops and bottoms. During the next few weeks, bears would dominate the market until we reach the buy zone located between $7826 and $8255. That zone matches the...

HatrekoS Updated 

Hi guys, A short analysis on the short-term on the hour chart for ETHUSD. H&S failed on the right should, the pattern is not valid. As you can see, we are testing the 2nd Fibonacci up support level [ $674 ], if we break that support with a great green candle, the Adam&Eve double bottom will be confirmed and the potential bullish move could reach $690 again, that...

HatrekoS Updated 

Hi guys, Here I give you some key insights on the four-hour chart for ETHUSD. ABCDE Elliot wave symmetrical triangle potential, if it would form, then we have a potential to rise to $800, but the highest support we could test is located at the 6th Fibonacci Up support (grey line) [ $745] ; H&S is due to be formed, if it doesn't fail, we could exit the...

HatrekoS

Hi guys, On the 4-hour chart we can see an uptrend move which has been forming since the 25th of April. The trend angle is near 30 degrees. The decreasing volume indicates a consolidation and an ascending triangle is due to break this night. If the trend follows an uptrend move with a 60-degrees trend angle until $780 support, where the 6th up Fibonacci...

HatrekoS

Hi guys, Here we are for a new analysis on LTCUSD and today we also take a loot at ETHUSD because I think it can give us some interesting pieces of information. Cup and handle The cup and handle pattern has been completely formed for LTCUSD and the break is confirmed today with that great green candle. According to that pattern, we would see a huge bullish...

HatrekoS Updated 

Hi guys, Adam & Eve double bottom on the hour-chart for LTCUSD. Just wait the confirmation. We are also in an ascending triangle and RSI shows a hidden bullish divergence. First support is $157 where we had a rejection yesterday. Then, we could reach $162 if the double bottom doesn't fail. Have a nice day !

HatrekoS

Hi guys, Short analysis on LTCUSD. We are testing the rising wedge upper support on the daily-chart. There's an opportunity if we break that support. LTCUSD could go to $165 after testing the Fibonacci middle red line. Then, you can see that we have a hidden bearish divergence on Stoch RSI, and we crossed the 100 limit. LTCUSD could undergo a new bearish...