Today I am going to go into a more indepth look into the future of Bitcoin starting with the monthly chart, then the weekly and our current daily outlook. The indicators i use here are Heikin Ashi candles. These candles are used to identify trends taking averages from prior candles high, lows, openings and closings. It is a lagging indictor so you will not see...
Second coin on my long term trade consideration is Bitcoin Cash. The monthly chart shows the last few months have shows higher gains so I am looking to start buying in and accumulating come coins. The overall trend has been bearish the last few weeks, but we have some divergence happening over the last few days. The AC Oscillator is showing a slow change in the...
Nexus has had a good overall run on the long term so I am looking for an entry point. It seems though I may have missed my opportunity as over the last week we have seen some nice gains overall. Right now though we are breached above the top Bollinger Band and the BB% shows we are overbought. This means we will see some correction happening, though this is...
Zencash has seen a good bullish run the past week and is now coming down on a correction. Looking for a buy in I'm waiting to see if we get support 425995 SATS and if so we would need to see a break of the current channel and break resistance near 455338 SATS. If this occurs may be a good time to buy in as the AC oscillator would still be positive. If support...
Monero has has been a good overall coin in the privacy sector for months and has a strong longer term outlook. For entry here I wait for a confirm change in trend and looking for this current channel to break. We have the indicators of a new trend today as we have a nice green candle forming with some divergence on the BB% indicator and the AC oscillator is...
Stellar has been a popular coin on the markets and has a good long term monthly and weekly chart so I am looking for entry here to start accumulating come tokens. I wait for a trend change and right now with many other coins at this point in the market we are in a bearish channel. There was an indication of a trend change for Stellar on 5/24 though today we see...
I consider Litecoin one of the top three currency with Bitcoin and Ethereum regardless of market cap. It has more adoption as a currency then most other altcoins. I look at the BTC pairing here and the monthly and weekly charts are slightly regaining strength but kind of sideways. I hope for a stronger uptrend in the future so I am looking for an entry to start...
Grostelecoin is another coin that has a good monthly and weekly chart showing good possibilities for a longer term investment. Looking for sn entry i hope one comes soon. We have a slight correction going in a bearish channel right now, though we have signs of another trend reversal. AC oscillator going above the zero line and we have a bounce off some support...
A third coin in my long term investment review we have Emercoin. The weekly charts have been bullish for this coin hence why it is on my radar for a longer term accumulation of the token, though as with many coins over the past week or two, we are still in a heavy bearish price correction. Volume overall on the coin has been very low so there has not been much...
Bitoin is at it again with a failed attempt to break the 10k Limit and in a way we have gone sideways when it comes to trading the primary coin on the market. There is not much to say other than the trend is very bearish at the moment. the bearish trend is still very strong right now and going down this current channel. BB% confirms the trend as we are riding...
Aragon is a coin that is on a radar for a longer term investment though I am waiting for a good place to buy in and it may be happening very soon. Right now the trend had moved into an oversold area and has broken the lower bollinger band, so we hope that we will see some bullish volume increase over the next few days. We have fallen below a daily line of...
Corrections galore over most coins in the market and Litecoin is no exception. Small signs of a possible trend reversal as Litecoin may be meeting support at the 50 period moving average near 139, an the BB% shows a slight uptick. We are also at or around the lower Bollinger Band so some support can be expected. We still need to wait another 24-48 hours to...
Another correction period for Etherum as it has had a great run the past few weeks. It has finally pulled over the 50 period moving average and kept the run, though as everything goes up a correction eventually comes. Etherum though has started to slow a little bit. The Heikin Ashi candles are getting smaller, though still below the 20 period moving average and...
I have not posted in awhile due to a busy life the last week or so and the market overall seems to be in a corrective state, however i believe for Bitcoin the correction may be coming to an end within the next few days. Bitcoin is right below the lower Bollinger band and the Heikin Ashi candles are starting to shorten a bit. The BB% is oversold and shows some...
BITTREX:DNTBTC
BITTREX:ARDRBTC
Bullish Signals: Heikin Ashi Candles, nice bullish trend. Trading Above 10 period, 20 period, 50 period moving averages Accelerator indicator going positive. Bought in at 5618 with a larger stop near 4598 sats where the last swing was. I will hold this trade even if there is a retracement as long as it stays above the 10 period moving average and as long as it...
So Bitcoin has been having trouble breaking pas 9500 and holding. I see the 200 period moving average(Black Line) has been a good line of resistance lately but good news is the average is moving up. It hit this moving average on the 24th and the 25th and failed to break it. In standard stock ideas, a market is still considered bearish until price is trading...