MatheusFranco

MatheusFranco Updated 

ENGLISH : There's rejection in the form of a big buy pressure whenever we touch the diagonal support. I'm expecting a swing high towards early Jan's top. Entry: $0.276. PORTUGUÊS : Existe rejeição de preço, em forma de uma grande pressão de compra, sempre que o valor toca o suporte diagonal. Estou supondo uma busca pelo topo do início de janeiro. Entrada: $0.276.

MatheusFranco Updated 

ENGLISH : I'm going to let this idea sit here for some years and see how it played out in the future. If prices keep respecting the parabolic levels, $BTC could re-visit $20K USD by September 2019 and make a new top at $90K USD by February 2020. PORTUGUÊS : Vou deixar essa ideia aqui por alguns anos e depois ver como se sucederam as coisas. Se os preços...

MatheusFranco

ENGLISH : Monetha is looking juicy for a bounce. I'd call it a low risk (using Stop Loss) play. Some important horizontal resistances coinciding with the Fib. levels could be interesting sell points in order to take some profit on the way. Always manage your risk. PORTUGUÊS : Monetha está parecendo bom para uma correção. Eu chamaria de uma jogada de baixo risco...

MatheusFranco Updated 

ENGLISH : First of all, this is an speculation. I'm creating this idea in order to keep track of future price action and gradually update the way I see BTC's short/mid-term future. This recent iHS pattern could be the head of a bigger iHS. If so, we could see a final push to ~$7700, where it would create a perfect horizontal neckline. From there, prices would...

MatheusFranco Updated 

ENGLISH : If we see a clear reversal on the cryptomarket (i.e. BTC price action goes bullish), we'll most likely see this idea getting confirmed. The entire pattern is there, the handle is a bullish falling wedge. The sell target, depending of when it breaks out from the wedge, will probably be around the ATH, as shown by the projection. OBV indicator is showing...

MatheusFranco Updated 

ENGLISH : Recent candles are forming what seems to be a rising wedge (bearish pattern). There's a bearish divergence on both RSI and MACD's histogram as well. I'm planning to put more fiat into crypto, but I'll definitely wait for a correction here, which I believe will happen on the next few days. We could bounce from the 38%, 50% or the 62% Fibonacci levels (I'm...

MatheusFranco

ENGLISH : I'm not much of a Elliot waves trader, but I think we may currently be at the beginning of a wave 3 (would be confirmed by the breakout of the recent downtrend line). Daily volume is great. Also, there's a hidden bullish divergence on the daily RSI. If we end up breaking that downtrend line I talked about, daily Stoch and MACD should be crossing up...

MatheusFranco

ENGLISH : Monetha has a very similar chart to CMT's, which I called some time ago (see related ideas) and has already grown a lot since then. It has made double rounding bottoms, where the last one appears to be forming a cup and handle. Not yet confirmed, but it is a real possibility. Personally, I've added more to my MTH bag when I noticed that. Price is now...

MatheusFranco Updated 

ENGLISH : You know the different phases of the market described on Dow's Theory, right? Well, if you don't, I strongly recommend you to do some research! To sum up: an accumulation phase occurs at the end of a downtrend, when ordinary investors, due to lack of patience, start dumping lots of it. Now, we can clearly see the increased volume I circled on the chart....

MatheusFranco Updated 

ENGLISH : APPC has been hovering around the 62% Fib. retracement level, which already was support some days ago. This is the perfect spot for a bounce into an uptrend, which would make higher lows and confirm a bullish trend. Other important support would be ~0.000042 (78% Fib. retracement and important bottom aswell) and finally the ATL of ~0.000038. I'll be...

MatheusFranco Updated 

ENGLISH : Litecoin is showing innumerous signs of reversal here, besides from being really close to an important bottom. 1) Bullish divergence on the OBV indicator; 2) Daily RSI already on the oversold region; 3) Stoch RSI almost crossing up, showing the RSI itself is more than ready to go up. We could possibly retest the bottom at 106.5 USD, from where I expect...

MatheusFranco Updated 

ENGLISH : TRX has stablished this same region as bottom for some time now. Every single time it has went lower, it bounced right up to the same channel again. Now, Tron is getting closer to a very important downtrend line, originated in January 19th, which has served as resistance and has NEVER been broken since that day, not even by a shadow! Ok, but why would...

MatheusFranco Updated 

ENGLISH : Imagining Bitcoin continues to respect the channel and stop going lower, could there be a cup and handle pattern forming in a near future? I'll keep this idea updated, as this could mean a short-term trade of ~7% starting at the breakout line of the handle, as shown on the chart. PORTUGUÊS : Imaginando que o Bitcoin continue a respeitar o canal e pare...

MatheusFranco Updated 

ENGLISH : There's a possible head and shoulders pattern forming on Metal's chart. Target would be the signaled region around 0.0004. If the HS pattern fails, MTL could go very bullish, as we are on an important region when we take a look at major downtrend lines. PORTUGUÊS : Existe um possível padrão de ombro-cabeça-ombro em formação no gráfico de Metal. O alvo...

MatheusFranco Updated 

ENGLISH : This is my first attempt of charting Bitcoin as a TradingView idea. I had drawn these waves sooner today, as a try out, but when I saw just now how the subwave 1 appears to be losing strength almost exactly where I predicted, I decided to publish it. Funnier thing is, as it was still at the beginning of subwave 1 and I couldn't simply use Fib....

MatheusFranco Updated 

ENGLISH : This bullish flag formation is most likely to breakout sooner or later. The only thing holding it down is the market indecision about $BTC. By the way, the only possibility I see this going south is if Bitcoin gets dumped hard, so pay some attention to it! My first three targets are all important tops at 0.001117, 0.00121 and 0.001375. Stochastic RSI...

MatheusFranco Updated 

ENGLISH : $IOST is heading to a decesive moment in its life. It's going to battle once again with this major downtrend line originated back in 28th January. IOST has never beat it, so a victory here could mean a correction of months of losing value (~200% profit opportunity mid/long-term). A loss, though, would mean the currency will probably go down even lower...

MatheusFranco Updated 

ENGLISH : ZIL have already retracted to about 50% of its recent bull run, meaning the correction could already be over. This first scenario would be represented by the positive breakthrough of the pennante pattern. But we could also expect it to continue its retracement to ~0.0000044, which is the 62% support. From there, price would go up, reaching a bit lower...