fastprofittrader

fastprofittrader Updated 

Hi guys, let's review the current situation on Bitcoin. After recent price spike Bitcoin stalled 30k-31k range. It seems that buyers slowly losing it's grip on Bitcoin price and sellers can take over. But short term I don't think that bears will takeover since bulls still have some strength. Unless there will be sharp price drop under 29500. If this scenario...

fastprofittrader Updated 

Hi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash continue to crash all resistance levels and aspire to the moon. BCH broke very important level at around 150. BCH price was accumalating under that level for almost a year and now price squeezed to the moon. Now it's important for BCH price to remain above 170 and higher. As I indicated in...

fastprofittrader Updated 

Hi guys, let's review the current situation on Ethereum. The price of Ethereum followed recent surge of Bitcoin price and broke 1760-1780 resistance area. In my last review I posted that I expect that ETH price likely will go for retest 1640 support but ETH went in different direction. As strange as it may sound but I still mostly bearish on ETH. I admit that...

fastprofittrader

Hi guys, let's review the current situation on Bitcoin Cash. Bitcoin Cash managed to surprise a lot. After big drop in price it's not only managed to recover its losses but also hit very important resistance area. If Bitcoin Cash somehow manage to break it then next stop will be at 200 which is huge gain in price. But, as usual, you have to look at Bitcoin first....

fastprofittrader

Hi guys, let's review the current situation on Bitcoin. Yesterday Bitcoin price started sharp rise and most likely it was reaction on the news that BlackRock filled an application with SEC for Bitcoin ETF. Also, other large institutions like Fidelity and Citadel launched Bitcoin exchange EDX. All these positive news for Bitcoin provoked price surge. In my...

fastprofittrader

Hi guys, let's review the current situation for Bitcoin Cash. After big drop BCH almost managed to recover its losses. As I stated before, I expect price to stay in 108-116 range for a while and after that likely will go back testing 97 support line. There is no much volatility in BCH and I expect its slow decline up 97 and lower. I still mostly bearish on BCH...

fastprofittrader

Hi guys, let's look at the current situaition on Cardano. In my previous update I indicated that Cardano price might go to 0.3 resistance level and from there likely will go back to 0.25 and lower. However, price failed to rise somewhat significant even though BTC and ETH recovered all their losses. It's bad sign for ADA price since if there will be dump on BTC...

fastprofittrader

Hi guys, let's look at the current situation for ETHUSDT on 4 hour price chart. After breaking previous support at 1760 the price of ETH didn't recover much and continued it's fall up to next support at 1660, which I indicated in my previous review. After such a big price drop now we see that ETH price recovered all its losses. The previous support now became a...

fastprofittrader

Hi guys, let's review the current situation for BTCUSDT on 4 hour price chart. My last idea worked out perfectly and BTC price finally tested 25250 support line which I indicated earlier. As I wrote before, I didn't believe that price will break that support and go much lower. Also, I indicated that after testing 25250 support line price likely will go back...

fastprofittrader

Hi guys, let's review the current situation for BTCUSDT on 4 hour price chart. As I posted in my previous review, BTC price almost reached 25250 support level stopped at 25380 twice. The price in the correction mode now but I still expect that it will test 25250 support level sooner rather than later. We also should note that BTC price almost didn't react on...

fastprofittrader Updated 

Hi guys, let's look at the current situation for ETHUSDT on 4 hour price chart. The price of ETH broke 1782-1760 broke support area and went as far as 1717. It might be fake breakout so I would suggest to wait and see for the correction. After this big dump it's normal that price may go for correction and only after that we will see if it was fake breakout or...

fastprofittrader Updated 

Hi guys, let's review the current situation for BCHUSDT on 1D price chart. The price of BCH stuck in $50-60 price range for almost a year. On 1D timeframe we can see that there is a descending triangle on the chart and there is no signs that price can go up. Descending triangle is a bearish pattern and I don't expect that the price of BCH will go higher than...

fastprofittrader Updated 

Hi guys, let's look at the current situaition on Cardano on 1D price chart. In my previous idea I indicated strong support line at 0.3018 but I expected that the price at least will test this line first and only after that will break it. In any case, that support was broke and there is another one at 0.249 which at the moment also seems to be broken but I expect...

fastprofittrader Updated 

Hi guys, let's review the current situation for BTCUSDT on 4 hour price chart. Last week the price of BTC jumped from 26400-25900 support area to 28350-28033 resistance area. It seems like it was a fake breakout of 27560-27300 resistane area as price quickly went back under this resistance area. The price of BTC almost touched 26400-25900 support area reaching...

fastprofittrader Updated 

Hi guys, let's review the current situation for ETHUSDT on 4 hour price chart. If we look at the ETH price chart we can clearly see two strong levels between which ETH price is fluctuating. There is strong support area at 1782-1760 price, this area ETH price alerady tested twice. And there is strong resistance area at 1919-1930 price, this area is also being...

fastprofittrader

Hi guys, let's look at 1D price chart for Cardano. If we look at 1D ADA chart we can see that the price being in big flat for the past 6 months. There is strong resistance area at 0.4185 and strong support area at 0.3018. Between these two areas price is fluctuating for the past 6 months. As I see it Cardano price is tending for short up to the support area at...