cryptobulls51

cryptobulls51

BTC/USD is currently trading on a completely sideways market, very choppy. For now, patience is key. It might find resistance at Fib retracement levels, first one at ~$6884 and if it breaks through, next one at ~$7000. Even though BTC/USD is forming a symmetrical triangle, it favors the bears and the downtrend continues.

cryptobulls51

XEM/BTC is currently trading on a very strong support which shows a very good opportunity to go long. This shows that NEM has almost completed its market cycle. There's also a bullish divergence on RSI, another good signal to go long. If this support doesn't hold, next one is at ~2200. Now regarding fundamentals, NEM has a scheduled release to their version 2.0...

cryptobulls51

BTC/USD is approaching this decision zone where the bearish trend line crosses the bullish one on the daily chart. On the 4h chart, we can see a bearish Gartley pattern forming which ends at the $7500 to $7700 range, which is a heavy resistance area, so we might see BTC once again test daily uptrend line and find support at $6500 to $6600 range. On the hourly...

cryptobulls51

BNB/BTC is currently on a nice up trend comparing with BTC and its coin burn is just around the corner. It showed a bearish divergence and it may show a bullish one, getting its price back to 0.0016 range, where it found resistance twice and will probably serve as a good support. If this bullish divergence plays out, we may see BNB price retest its ATH and FOMO...

cryptobulls51

BTC/USD is showing a falling wedge pattern on the daily chart, so we may see a bullish reversal but we'll probably hit 6k USD before anything happens. On the short term, it's forming a bearish pennant which may bring it down to previous support at ~$6400 range.

cryptobulls51

DASH/BTC is currently on a bearish trend and we believe it will show an opportunity to 'buy a bounce' after reaches the most important support. After that, we can use Fibonacci and Ichimoku to set our target. The Tenkan-Sen (blue moving average) is holding the bearish trend and may be a trigger if it shows us a crossing point with Kijun-Sen (red moving average).

cryptobulls51

Today LST's holders were airdropped Verge., Maybe this event was the cause of the previous 2 days of XVG Bullish. But after 24 h, XVG dropped from (more than) 0,00000980 btc to 0,00000870 (and still dropping). We have to keep an eye on it once, if it breaks the 78,6% Fibo it could drop even more (61,8; 50).

cryptobulls51

BTC/USD is forming a rising wedge on the hourly chart combined with a bearish divergence. That 0.786 Fib level may hold it back and the bearish pitchfork continues with all its glory.

cryptobulls51 Updated 

BTC/USD is currently trading through its bearish pitchfork and it also broke a long time uptrend line from July. Apparently it's going down to ~$6000 range which in turn will form a double bottom. Also worth noticing this bullish 3 drives pattern.

cryptobulls51

ICX/BTC showing a Wyckoff Distribution on the 4h chart. To learn more about this method, go to this link from Stock Charts.

cryptobulls51

NEO/BTC is currently on a downtrend as most altcoins and it's almost reaching its MA200, where it may find support. Since RSI is oversold and it's showing a bullish divergence, we'll probably see a bounce on MA200. If not, downtrend resumes and next support is at 650k to 680k. If that also fails, next one is at 530k to 560k, which is the strongest of both support...

cryptobulls51

XRP/BTC is currently on a downtrend and showing a great shorting opportunity, even though its MA200 is currently serving as a dynamic support. It will most likely go down to its 0.286 Fib retracement level and it might hold there for a while. If nothing positive happens, it will complete its market cycle and continue to fall to its next support level at ~2800....

cryptobulls51

ETC/BTC is showing a strong bearish trend with OBV decreasing. As you can see in the 1D chart, this bearish trend is the last movement of a perfect Bullish Crab Pattern. So we believe that ETC could drop to the last support around 0.001353 next month and after that, a bullish trend will begin.

cryptobulls51

ETH/BTC is currently trading on a bearish channel going to the next possible support at ~0.05 range. On the daily, Ichimoku completely bearish , RSI as oversold as couple of times in the recent past, like right before its previous bull run, but also forming a falling wedge pattern. Now considering the hourly, we see a clear bearish pitchfork and a bullish...

cryptobulls51

Both BCH/BTC and BCH/USD are showing a bearish pitchfork and almost touching its next support, which probably will happen around April 5th, when BCH/USD will get to the ~US$570 range and BCH/BTC may hold its ~0.09 support. If it fails to hold, the next major and stronger supports are ~US$280 and ~0.068, which may happen at around April 24th if this bearish...

cryptobulls51

LTC/BTC is currently trading inside a Fibonacci channel on the 4h with also MA200 and MA100 on the daily serving as support and resistance , respectively. Both may serve as opportunities to go long and short.

cryptobulls51

BTC/USD is still on our pitchfork downtrend channel and the market is uncertain and sentiment driven. Death cross coming close with MA50 and MA200 so we need to keep an eye on that. We need to see BTC break that upper channel to consider Bitcoin bullish, otherwise we're still on a bear market. We all know that there's a lot of analysis out there considering a...