UnknownUnicorn2350177

UnknownUnicorn2350177 Updated 

Before we begin, I want to tell everyone that a death cross is near completion on daily chart, which would probably indicate bearish trend. If we look at the 4h chart, then we can see bear flags being formed, one after another. The price has failed to keep above the 50 blue EMA multiple times already, due to lack of support, which indicate failing bull attempt to...

UnknownUnicorn2350177 Updated 

Pair: BTCEUR Time Frame: 4H We are currently trying to go above the purple resistance line on the chart. At the moment, the lack of strength to penetrate through the resistance could indicate weak demand for BTC. Other than that, we also have possible double top taking scenario, where the price could drop to around 5200 euro area. I marked two green exclamation...

UnknownUnicorn2350177 Updated 

I have read and analyzed about Elliott Wave Theory for the past couple of days. I came to the conclusion that a single mistake can cause invalid information. I noticed that people usually read through quickly and forget about the rules. This cause inaccuracy. At the moment, it looks like we have already finished a correction (ABC pattern). This could probably be...

UnknownUnicorn2350177 Updated 

Time Frame: 4H Pair: DGBBTC This technical analysis is made with extra care to filter all bad noise. Basically, we have a bullish divergence on both MACD and RSI. RSI already dipped below the overbought area and is looking for a bounce upward to test 50 EMA blue and 200 EMA. As you can see, I have drawn Elliott Wave Theory based on () and rules that I read. The C...

UnknownUnicorn2350177

Time frame: 4H Pair: SCBTC I already did a chart on SCBTC but I felt like applying my new knowledge with my current to predict where we are heading with this pair. So basically, we are nearing the end of correction. We have a falling wedge that I have drawn with two rays. I believe the next step would be a price retest between 50 EMA blue line and maximum 0.618...

UnknownUnicorn2350177 Updated 

Pair: ADABTC Time Frame: 4H This does not look good at all. Just look at the rejection at 20 EMA, this is terrible to be honest. It seems like support is failing and resistance is there to put support in its right place. Anyways, let's go through this chart. A close above 50 EMA and then 200 EMA would look good for a bullish movement upwards. At the moment, the...

UnknownUnicorn2350177 Updated 

Time Frame: 4H Pair: OMGBTC According to my eyes and what I can see from this chart, I can see that a inverse head and shoulder has been formed but also a cup and handle (Does it need to be round? Don't think so). RSI is around 60 so there is still room for bullishness. On the other hand, MACD seems to be undecided whether it wants to go up or down. Break and...

UnknownUnicorn2350177

Time Frame: 4H Pair: IOTABTC Option A for aggresive traders. Option B for more careful traders. Both have a risk ratio over 3:0. Ok, so let's look at at chart. We could see a potential cup and handle forming on 4H which indicate bullish movement upwards. The target would be the area around the dark green exclamation mark (To be more exact, between 0.50 to that...

UnknownUnicorn2350177 Updated 

Time Frame: 4H Pair: NANOBTC Exchange: Binance Quick analysis of NANOBTC. I have drawn a inverse head and shoulder on this chart which shows the potential of bullish move upward. Our price is above 50 EMA (Blue) and 20 EMA (Green) which is a good sign. On top of that, we can see a inverse head and shoulder forming on 4H which also indicate a bullish trend. MACD...

UnknownUnicorn2350177 Updated 

Pair: XRP/BTC Time Frame: 4H So far, it seems like we have support around 0.000087 BTC which is good. XRP is still below 20 EMA which could be indicate that there is not enough demand as for now. The volume is relatively low as you can see. Both RSI and MACD is starting to curve downwards. We can also see a possible descending triangle where the price could go...

UnknownUnicorn2350177 Updated 

Target: Between the red dotted lines. Reason: The first thing that we can see is a bullish divergence on the MACD that indicates a reversal in trend (Higher lows while candles are lower than previous). But I think that IOTA could drop within a couple of hours. The reason is because the price failed to breach the 200 EMA (Pink line) and needs a retest of its...

UnknownUnicorn2350177 Updated 

Pair: LTC/BTC Time frame: 4H Okay, so we can see that I have drawn a trend channel that goes downwards. The price has been trying to break above this line twice already and is near the top edge the channel. There, it is sitting pretty stable at the moment without any volume. A close underneath the current price will send it to the other side of the channel,...

UnknownUnicorn2350177 Updated 

At the moment the price is below the descending triangle that was formed before. The TD sequential shows that the countdown has reached to the point where reversal is likely to happen. RSI also shows that SCBTC is oversold at the moment at 20. The long wick below the candle indicates that support came in as soon as the sell off took place. SCBTC will challenge the...

UnknownUnicorn2350177 Updated 

This is an analysis of NAVBTC, feel free to comment. The indicator TD sequential is not used in this chart but I felt it was important to try it on NAVBTC. We can see that the bollinger bands are getting thinner, and this usually indicates that it will expand to either side. The volume is quite small for NAVBTC so it may not even move fast. A descending triangle...

UnknownUnicorn2350177 Updated 

I made this chart as a learning chart for spotting indicators that may tell us the direction better. Let's begin. 1. So TD sequential shows that the TD sell countdown was successful on 4H chart, and should follow by 13 count candles (TD sell countdown) that are higher (close) that 2 candlesticks prior. This indicator is basically used to identify potential...

UnknownUnicorn2350177 Updated 

Target: Blue box. Stop loss: After red box. Reason: - TD sequential shows that the previous counts only green candles to around number 3 before trending downwards again. - Bollinger bands are expanding towards downwards then upwards which indicate a potential movement downwards. - A bear flag seems to have formed. - Trending channel goes downwards rather than...

UnknownUnicorn2350177 Updated 

Target: The area of interest Reason: Data shows rejection of bulls below the exclamation mark . After dropping down XVGBTC price has been staying underneath 50 EMA zone without going over the line. A retest may still be possible but the symmetrical triangle shows that the price leans more towards the bottom. Volume has been low also. My eyes tells me that a H...

UnknownUnicorn2350177 Updated 

Description: I have drawn a possible scenario how the price moment can go. You may not like my reasons or think it is logical but I'll explain my thoughts. Current: Price is hovering around 6,6k and there seems to be low volume of buyers. I think we will retest previous support level 5k. 1. Price will fall downwards towards around 5k level within 3 days. A drop...