Hello Friends, On the 1 day chart I plotted a course of the 50/100/200 EMA projecting the possibility of seeing when and where the signal of a bull market begins. If it does begin, it will begin at the golden cross as indicated on this chart. Now is a good time to be thinking about going long. This is my viewpoint and my opinion. I am not giving advice but...
Hello Friends, On the 1 day chart I plotted a course of the 50/100/200 EMA projecting the possibility of seeing when and where the signal of a bull market begins. If it does begin, it will begin at the golden cross as indicated on this chart. This view depends upon the continuation of an uptrend, if this trend doesn't continue then this TA is invalid and a new...
Hello friends, Previously I had mentioned the cup and handle but now I see another story that may play out. Is BNB putting an end to the past and forging a new future? If this golden cross happens; the sky will be the limit. I was hoping to buy in the handle portion at 7.50 to 8.50 but we may not see that happen. Rather we could be in the buy zone now...
Hello friends, If you haven't looked here for awhile, better have a look now. There is a huge MACD bullish Divergence happening. Expect to see this one to jump up soon. Now is a good time to be thinking about going long. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own...
Hello Friends, Looks like we have the appearance (not text book) of a descending triangle . The outcome of a pattern like this is a bullish move equal to the height of the pattern itself. Now is a good time to be thinking about going long. Entry (green) and exit (red) points are on the chart, as is stop losses in yellow. Details on the chart. This is my...
Hello Friends, Funny how ETH and BTC are showing the same patterns right now.Anyways it looks to me that despite TA sense, BTC push upward isn't finished yet. We will see up and down motion ranging around a $200.00 bucks but it is surely going up from here. Let me remind you as I indicated in my last TA , we have a similar pattern being played out as we had...
Hello Friends, Here is an update of the Adam and Eve Pattern on the weekly chart. Notice the 3 green shoulders? We had that before in the Adam portion which took a dive (normal on the Adam end) but the difference is the rounded bottom in the cup and handle portion. That means a slow return of confidence in the market within the Eve portion of this trend. This is...
Hello, thought I would publish my first technical analysis as a newbie in this space. So without further ado lets take a look. Looking at the daily chart we see a shooting star form on Dec 24th. This can appear after a bull run signaling a reversal in the market. Here we close any long positions or begin shorting the market. To support the bearish move we have...
Hello Friends, Just food for thought, notice how much volume there has been during the bull market? Hardly see the volume. Now looking at the bear market with a lot of green showing in Dec and Feb yet no price increase. Volume is necessary but showing here in this chart tells me another story. It only shows activity not much for where the price will go. Since...
Hello Friends, We have a similar pattern as seen on this chart. We have another Bullish Flag. HODL. Details on the chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and...
Hello friends, Today I have for you an update on the 12 hr time frame. What I see here is a MACD bullish divergence which tells me that a bullish move is about to breakout, either off the 100 ema or 200 ema. I expect this to happen when the Stoch RSI moves closer towards the oversold conditions, then I expect to see a bounce up towards respective...
Hello Friends, I thought that today I would zoom out on the weekly and put a coat of gaze on it. I gazed, pondered, smoked many cigarettes and thought well on what I was seeing. What I come to realize was that I was looking at this inverted head and shoulders pattern in the making. We can obviously see that TRX has been making it's way up from its ATL....
Hello Friends, Details on the chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment. If you...
Hello Friends, BQX has bottomed out and has made a few attempts to climb up only to retrace, but in so doing it has created the potential of an inverse head and shoulders pattern. If this plays out, then BQX has the potential of seeing 200% to 300% gains. If the neckline breaks, that could also mean that the winter is over and that BQX could surpass it's all...
Hello Friends, Here is a comparison of BNB to BTC and ETH on a weekly log scale. I was inspired by a chart I saw today "Is BNB the new ETH" On this chart however is the continuation of a cup and handle pattern formation. This is but an update. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on...
Hello Friends, Details on the chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment. If you...
Hello friends, I strongly believe that that the winter has ended for cryptos and today we can see this truth looking back recently to the slow climb up into a new trend. I think this is a good time to consider the facts and reflect upon what our strategy is going to be like for the up coming bull run. Trading in a bull market is different then what we have...
Hello Friends, Looking at the 1 day chart we have a potential for profits. Targets and buy zone are on the chart. RSI in the buy zone MACD Bullish Divergence Falling wedge Fractal buy signals feb 6th with a bearish engulfing Inverted Hammer Candle Feb 8th Green candle forms today. This is my viewpoint and my opinion. I am not giving advice but only sharing what...