bxcimu

bxcimu Updated 

If we zoom out and look at the bigger picture, it seems that bitcoin is repeating its pattern that started in 2017, except that this time there's less FOMO and a lot of previously burned pseudo investors have learned their lesson. I drew some basic trend lines and to me, it seems that BTC is finishing its bearish trend and trying to test some key resistance...

bxcimu

XRP has been on a rally since 9/18 and has formed a bullish pennant on a daily chart. This could be a great investment opportunity provided that it continues to break out. Volume has been off the charts in September and if it keeps up with the momentum we can probably expect around 50% return, flag pole length can sometimes reveal next stop and in this case it can...

bxcimu Updated 

It seems NANO may have found major support @ 0.0002600 the other day, and now it's on the upside. I've entered a position @ 0.00028 but will be using a stop just in case it comes crashing down again. I've indicated some major levels of resistance to overcome, will be watching this closely! MACD crossed over and RSI is in neutral territory, 20 MA was crossed over...

bxcimu Updated 

After the breakout that happened in 8/23-26 NANO entered a downtrend. On 8/29 it found support @ 0.0003700, bounced back up to 0.0004600 and then went down to around 0.0003700. It appears that this level was also one of the critical resistance points in the past. If it can hold, I will consider reentry. If this support fails, next important support should be found...

bxcimu

Substratum is announcing "Product 3" @ 7PM EST today. This may be the catalyst to continue its bull run that started on 8/23. The ascending triangles usually form during an uptrend as a continuation pattern, sometimes they appear in downtrend signaling potential reversal. Nonetheless, typically they signify bullish price action. Horizontal line crosses 3 reaction...

bxcimu Updated 

Hourly BTC chart shows an ascending channel where we have higher highs and higher lows. A breakout above trendline is a bullish signal while breakdown below will indicate signs of bearish price action. This could be a good opportunity for swing traders. The big run up on 21st was followed by a significant sell off where support of 6250 was tested. Currently we are...

bxcimu Updated 

Hourly NANO/BTC chart clearly reflects an ascending triangle which is generally a bullish pattern in TA. Resistance appears to be around 0.0003170. Traders may consider entering long positions if 0.0003170 resistance is broken. RSI is nearing overbought area, before reaching that critical resistance point I would expect price to retest 0.0002800 levels. Look for...

bxcimu Updated 

Hourly chart shows a symmetric triangle with price moving towards the upper trendline which can be a signal of price moving higher at least short term. Next strong resistance point is around 0.0002800 and after it's around 0.0002900. Support is around 0.0002700 and 0.0002500 should we see price moving below the lower trendline. Any thoughts?

bxcimu Updated 

COINBASE:BTCUSD Hi guys, This is what I see happening over the next couple of months; currently we're in the bear but I believe sometime in September particularly before the VanEck's third attempt to push a bitcoin ETF through we should see some signs of positivity, if it gets approved then we can expect some crazy price action not that we haven't seen...