Layer ur buys at below 0.00055 BTC, it's the 0.618 retracement from the previous wave and QTUM is very likely to switch trend and we're gonna see a rise to test the previous high ( with is almost 35% profit ).
Cardano is about setup to easiest trade ever, in 1 condition, that it's going down to the green area. That green area has been calculated very carefully by different indicators ( EW, Fib extension, Fib retracement, Volume Profile, it's also the only significant support area on the chart ). Basically, I guarantee you all that we're not gonna break it. But if it...
Look at the RSI & the price movement, it's likely that ADA will fall and retest the previous support. And the biggest support that I believe Ada will not break is the range between 0.034$ - 0.036$. After that Ada will form a "Cup and handle" pattern. If it rises up to retest the neckline, it will then form the "inverted Head and Shoulder", both are very strong...
It's very likely that Bitcoin will attempt to retest the previous high but with this current price movement & volume, it's very likely that it's gonna failed and retest our biggest support at 3650
It's super easy to play this one. As soon as Steem close the daily candle above the white line (10 EMA ), it's a very strong signal that confirms the bullish momentum for Steem in the next couple of days. It might rally to retest the Yellow line (50 EMA). Please keep in mind that this trade is just short term.
Zcash just formed the "Piercing Line" pattern which is a very strong reversal pattern. So the last piece of the puzzle is that Zcash needs to close above the 10EMA ( the white line ). If it does close above 10EMA ( or ~ 0.0157 ), that is a very bullish signal and I definitely go big in Zcash.
The fib channel says it all. I expect Cardano to be in the accumulation phase for 1 or 2 days before bouncing to the top of the channel. This is a pretty safe & profitable trade. Just accumulate when it hit the lower trend line, take profit at least 20% ( Or at the upper line of the channel )
Bitcoin is on an ending diagonal and it's a pretty strong temporary trend reversal pattern. I expect a few more minor push down before a breakup that will bring bitcoin price to the 4k2 area, all the altcoins will follow as well and I'm sure we're gonna have a green market next week. So how to play this pattern: The end of the diagonal is around 2k8 and you can...
If you're a fan of Cardano ( like I am ), then this is a very exciting moment because we're going to witness 1 of the strongest altcoins to bottom out in this or next month. I actually started accumulating since below 900 Sats and will do all the way down to 500 Sats which I strongly believe is Cardano's bottom. As Ethereum showed a lot of scaling problems in the...
I usually do ElliottWave(EW) for the long-term roadmap rather than for day trading because I think using ElliottWave for small time frames & day trading is a bit overkill and most of the time it hurts your brain and actually is not reliable compared to other basic indicators like RSI, MACD, EMA etc.. But for the long-term roadmap, I'm sure there is no indicator...
Let's look at some indicators: 1/ Bullish divergence is formed on 3-Days timeframe. 2/ Wave C potentially is going to be completed at (0.00143 btc - 0.0015 btc) (equal the length of Wave A). 3/ Volume starts increasing. 4/ a minor support at 0.00143 level. I'm almost certain that a bounce is going to happen, I will look for accumulating at around 0.0014 -...
Just look at the little red arrow right above the long-term green trend line, it points right at 1 of the most bearish candle ever seen on the history of Ethereum. Basically, the mid-term support since late 2017 has officially turned into the resistance. And what does that even mean? It means that Ethereum now officially fluctuate below the 100$ level. And...
Goodbye, not "good buy" obviously. As you can see that the long-term resistance just turned into a very strong support, that's a very bearish sign ( Textbook ). Weekly RSI still has plenty of space to drop, I mean, a real significant drop. There are 2 levels watch: 0.1$ , there will be a bounce here but I don't think it's a big one. 0.05$, potentially the...
The legendary Litecoin, during its Crypto days, it's been through heaven and hell (hell most of the time). Now, this shit coin (whose its creator dumped his bags on investors not a while ago ) is ready for the dark days again. Looking at the chart, we clearly see no reversal sign whatsoever. No volume, No strong support, basically nothing. So the question is...
- look at the curves in the volume on Daily chart. Normally a bottom can be indicated by 2 consecutive curves like that. 1 for the dead cat bounce and 1 for the real bottom. I'm almost certain that Steem is gonna find its bottom this month or next. - Rsi Almost hit the oversold on weekly, still have a bit more to go. - Rsi is forming a bullish divergence on...
Let me put this simple, there's no long-term bullish sign whatsoever. There might be a bounce but I'm almost certain that Neo will find another lower low which is very likely is the 4.5$ - 5$. Let look at some indicators. 1/ Volume doesn't kick in yet. 2/ Weekly RSI still have some more space to go. 3/ Still not hit any strong & solid support. Is 4.5$ - 5$ is...
1/ Volume is increasing, this is showing sign of accumulating. 2/ RSI bullish divergence on Weekly chart. 3/ There is no big bounce since 0.0025, and Qtum's price has been decreasing 600% since. This is 1 of the chart that I'm so confident that we're about to see some significant bounce soon. The price might fall a bit more to the 400 SATs level but I don't see...
Ready to hit the long-term trend line Buying volume is increasing, Bullish divergence on daily chart ( which always indicate an incoming bounce ). How to play: Lay your buy orders at any price below 2.2$. This bounce is a 20% - 25% bounce minimum so I will take profit at around 2.5$. Notice that this is just a short-term bounce , I still believe that EOS will...