haris.hronos

haris.hronos

Hello fellow traders, In the chart, I created a triangle which is being shaped by the support line on green and the resistance line on red.Both of those lines have been confirmed 2-3 times each. As we can see the 25EMA and the 50EMA had a crossover signaling upward movement. The 25EMA indicator continues to show strong signs which make me believe that ETH will...

haris.hronos

Hello fellow traders! ETH started its short term bull run with the crossover of the 50EMA(green) and the basis of the envelope( the weird orange). The big gains came as soon as ETH managed to break the envelope upper (blue). As expected after those nice gains ETH is going to take its supports and if they hold then we should expect one more bullish run. The first...

haris.hronos Updated 

Hello fellow traders, In this analysis i noticed a potential ascending triangle shape being formed. The triangle is being shaped by the uptrend line ( the line has been confirmed 3 times a you can see with the 3 green circles) and the darker blue resistance zone ( it has been confirmed 5 times as you can see with the red and orange circles). It looks like the...

haris.hronos

Hello fellow traders , Its a cucial time for XRP. As we can see it failled to break the fisrt resistance of the 50 EMA (orange) multiple times so far . The first big step for Ripple will be to break the 50 EMA and then break the 100EMA(purple) , 200EMA(red) and finally the downtrend resistance line (red dots). The last 1 week XRP has created a rounding top(red...

haris.hronos

Hello fellow traders, In this analysis we see that ETH failed to breakout 3 times so far . Now its time to to get tested one more time. By looking at the MACD and OBV indicators i believe that is possible to have a short bullish movement and then try to break the downtrend-resistance zone ( very strong resistance ). The bulls saved ETH for the time being, lets...

haris.hronos Updated 

Hello fellow traders, This is a pretty simple yet i believe on point analysis for BTC/USD. The two main lines: -Downtrend line (on red ,starting from the all time high) -Uptrend line (on green, starting from July) I consider that we have 2 key resistance zones : -11,800 till 12,000 - the downtrend line I believe the downtrend line is a key resistance zone and...

haris.hronos

Hello fellow traders, This is a long term analysis. In my analysis you can see -downtrend line (red dots) -inverse head and shoulders pattern -uptrend line (green line ) I believe that there are two very important zones to take into consideration when thinking about going long on BTC. As you can see on my analysis there is a light red zone which is the first...

haris.hronos

Hello fellow traders, In my analysis today we see an ascending triangle being shaped from the uptrend line and resistance zone of 9400$. I am positive that its a good time for some nice profit . This analysis is not based on the indicators . (RSI indicator shows that we are closing at the overbought zone which indicates that its not a good time to buy, MACD...

haris.hronos

Hello fellow traders. In this analysis i noticed a potential Head and Shoulders pattern in the BTC/USD pair. As we can see from the chart we have the left shoulder,head,right shoulder and the neckline. MACD, SMA ,EMA indicators show me that BTC/USD is bullish. If BTC gets bearish again and breaks the neckline of the pattern then we will see further downward movement.

haris.hronos

While i was looking at the ETH/USD chart i realised that an ascending triangle shape has been created. By looking at my analysis you can see the triangle , the resistance zone (red) and the support zone(green). The ascending triangle has been created by the horizontal resistance line and by the ascending uptrend line. I believe that if ETH breaks the resistance...

haris.hronos Updated 

First of all i would like to say that i heard from many people getting anxious and nervous because they have heavy loses and wait for BTC to reach the 18,000-20,000 level again. DONT SELL this will happen sooner than you expect . For the people like me who are looking for their next move the answer is this little yellow area on my analysis. -If BTC manages to...

haris.hronos

While i was doing my analysis today i thought i should try to see the big picture of bitcoin ( long run trade ).So as we see on my analysis we have 2 downtrend lines (red) and 2 main resistance zones. Right now BTC is close to break one downtrend line which will be a good signal for more upward movement ( always speaking about long run guys) . I used MACD - RSI -...

haris.hronos Updated 

After the correction we had in BTC the last days its normal to have neutral short term trend until investors and traders get back into the game strong. As we see on the chart we have a rectangle shape which is a consolidation pattern. From my point of view this consolidation its absolutely healthy for bitcoin. The price will fluctuate from 10,500 to 11,900.My...

haris.hronos Updated 

After the crash of the last 2 days its time for a cryptomarket slow correction. As we see on the chart bitcoin is close to break the short term downtrend line which is a good indicator for upward movement.To make it less risky trade you should wait till bitcoin breaks the resistance zone and then buy your position into bitcoin. Its a short term trade with exit...