Raul_Dominguez

Raul_Dominguez

POLONIEX:BCHUSDT It seems like we just made a Head and Shoulder Pattern on Bitcoin Cash, as seen in the chart. The price objective would give me a negative number, so there is no point on calculating it. But I would expect a deep retracement on it, maybe all de way to $400 dollars. We’ll see, good luck to you.

Raul_Dominguez

BITSTAMP:BTCUSD Bitcoin may have put a possible short term double bottom on the 30-minute chart yesterday as seen in the chart. That will be confirmed with a move above $6,500. If it breaks that level, and confirms the pattern, then the price objective would be about the $7,400 level. Also, there is some positive divergence on the MACD indicator. So, we may...

Raul_Dominguez

POLONIEX:LBCUSD LBRY Breaking out of a falling wedge with huge volume, big MACD positive divergence on the daily charts. Looking good, lots of upside potential, 5 to 1 if it reaches previous highs. And of course, I'm expecting to surpass it. But it may take a couple of weeks or months. Good Luck to You All

Raul_Dominguez

BITSTAMP:BTCUSD Bitcoin suffer today an intraday reversal of over 900 points, leaving a big shadow on top, that after an extended run and with extreme overbought levels. The reason, the Segwit 2x, Bitcoin Fork, was called off. One of the main reasons of the recent rally on Bitcoin was that people were expecting their free coin from the Segwit 2x, and now that...

Raul_Dominguez

BITTREX:PAYUSD Ten X Pay Token is inside these beautiful falling wedge, that seems to be very close to finish. Which is bullish. www.freeonlinetradingeducation.com When we do break out of these falling wedge, the rise should be fast and furious, and with lots of volume. Not there yet, we could still be inside this pattern for a couple more days, but we are...

Raul_Dominguez

BITSTAMP:BTCUSD Looking at the hourly chart of Bitcoin, we got this huge red candlestick that went from $7,354.10 dollars to $6,700 dollars with huge volume, which also leaves a big shadow on top of it. That’s a very week sign. Given that we are very overbought, and we have our first MACD sell signal on the daily chart when we were about the $6,000 level. I say,...

Raul_Dominguez

BITTREX:OKUSD Looking at the daily chart of O.K. Cash, we can see that just two days ago it had a huge spike with volume that took it from 22 cents to 50 cents in one day. Then it retraces with a lot less volume the last 2 day to just 24 cents. Overall it raises from a minimum of 15 cents in October 23 to a maximum of 50 cents, October 31. Then it retraced about...

Raul_Dominguez

BITSTAMP:BTCUSD In the daily chart, Bitcoin is way overbought, as you can see by the MACD signal. And it is even breaking the upper trendline in a moon shoot kind of stile, which is impressive. Next target is $7,000 dollars. I don´t know, but such a move, after a such an extended rally, with such overbought levels. I really don’t see how this could last past...

Raul_Dominguez

BITSTAMP:BTCUSD Looking at the 4hr chart on Bitcoin, we could be forming a short-term Head and Shoulders Pattern, that if confirms, with a low below $5,500 dollars, could lead the price to a minimum price target of $4,800 dollars. Also, we have a negative MACD divergence. Either war, good luck in your decisions.

Raul_Dominguez

BITSTAMP:BTCUSD Looking at the daily chart of Bitcoin, we can see that we just had a MACD Sell signal from an overbought level, which is an extremely bearish signal. The last time we had one, we decline from about $5,000 to $3,000, and the prior one we decline from about $3,000 to about $1,830. So, as you can see by history, it is an extremely reliable...

Raul_Dominguez

BITSTAMP:XRPUSD Ripple showing short term positive divergence in the MACD oscillator in the 4-hour chart. Short term bottom could have been achieved.

Raul_Dominguez

BITSTAMP:XRPUSD Ripple has been forming a triangle for the last 5 months, with higher highs and lower lows, building a ton of energy. If the triangle breaks above its upper trade line, about 27 cents, its minimum upside target would be about $0.49 cents (amount calculated by adding the longer distance of the triangle to the breaking point). But that is a...