kingofkrypto1

kingofkrypto1 Updated 

On the Daily chart Bitcoin has the potential to complete a Head and Shoulders pattern, like so many altcoins did- so watching for this confirmation of drops below key support is critical. When looking at the Monthly chart, the RSI/SRSI indicators show a likely continuation down, indicating more time is likely needed to shake out this correction. Currently...

kingofkrypto1

Bitcoin is currently testing around the $17,000+ region, and if it falls below, the next short term FIbonacci target is around $16500, then the long-term Monthly (time frame) Fibonacci target is around $3100. This is a stark reminder of just how quickly this market can be liquidated. We saw dramatic falls between previous Fibonacci support. Stay sharp and keep...

kingofkrypto1 Updated 

Bitcoin reached my 1st Bearish Target of $25K. I posted this idea back on June 5th. The 1500 Day moving average was tested again and blew right through, so we did not get a bounce. The 1500 MA has now moved lower because of the drop below $26K. This signifies there is much more room to go down to the next fib line. The 1500 MA is now fairly close to the .236...

kingofkrypto1 Updated 

I've set up the FIbonacci according to the lowest point of the 2018 Bear run. This has proven to be a safe zone for me. Bitcoin is currently bouncing along the .382 Fib and has not broken out yet. On May 12th we got a sharp test on the 1500 Day Moving Average. I am waiting to see if Bitcoin will break below the current Fib again and retest the 1500 Day MA, and...

kingofkrypto1 Updated 

Matic is struggling to overcome resistance at 1.84972 There is another resistance line right above it (dashed red line). Matic needs to then overcome the Daily Trend Line (noted as D TL on chart with red marker bar) Matic needs a strong push to break these resistance lines and push through the Daily to reach the ATH of 2.70. Of all the tokens on the market...

kingofkrypto1

A lot of people trade fibonacci and EMA's. I love both of these indicators. However, trend lines are where it's at along with Support and resistance lines. Don't get me wrong, EMA's (moving averages) along with fib lines, are great indications of where price could hit. However, trend lines mark the reality of where price action will be, and support/resistance...

kingofkrypto1 Updated 

Harmony ONE has touched the 6 hr Trend line and if it can surpass the 6 hour, then the Daily Trend Line, we could then and only then call this a start to a recovery. The same thing is happening to Bitcoin right now. I expect a bounce off the 6 hr before any further moves up. I most certainly expect a bounce off the Daily Trend Line as well. We were at 50%...

kingofkrypto1 Updated 

Bitcoin BITSTAMP:BTCUSD punched through the 200 day moving average and created a new resistance at $42475 which we are below now. Hopefully you took some profit from most of your trades, and hopefully you didn't buy at the top. Price action likes to move to the next trend line or support/resistance line down, and usually only bounces back up once it finds...

kingofkrypto1 Updated 

Shiba Inu has been on the move the last few days. After consolidation there was a break out. For this chart I used Poloniex because it has a great data feed. I expect this to continue up on the 4 hour a bit more before consolidating flat, and then likely going for a third wave up. I'd wait for it to flatten out, and I think this token has some room to go. It's...

kingofkrypto1 Updated 

Looking at the fact that Bitcoin has surpassed the downtrend line set by it's high point for late June of 2019 (lower dotted line in green), I set markers 1-3 to pay attention to. The upper green dotted line is the downtrend line from the high of 2018. Currently Bitcoin is pushing up against a resistance line from the middle of June 2019 (circled yellow dotted...

kingofkrypto1 Updated 

Binance coin has nearly tripled it's value in the last 90 days and is working against Bitcoin as Bitcoin continues bearish. I am so glad I got in when it was around $4.50. These are the next levels I am eyeing, but I will stay in for the long haul and accumulate as much as I can. This utility coin is required in order to get discounts on fees with Binance...

kingofkrypto1

2018 High met the March 2000 1.68 FIB> . Will likely continue down to 6279 at the next FIB .786 tomorrow.

kingofkrypto1 Updated 

Hello everyone, looking at this point in the channel and seeing BTC hit the top of the wedge; MACD looks like it's going to possibly cross bearish, so we are seeing a key moment here. This could put BTC below the channel to test support below and bearish. Be prepared in case it breaks either direction. If it goes up it could spike and produce a good opportunity to earn.

kingofkrypto1 Updated 

We are finally coming to what I think is the end of the falling wedge I posted in an earlier #BTC TA, near the beginning of the year. I figured it had a long way to go down. Ride out these last few weeks of this and get ready to buy at the bottom folks. Even if it goes down further there is still money to be made. I have been trading using a bot for the last...

kingofkrypto1 Updated 

A mysterious larger Elliott wave form here would be an interesting surprise to overtake the pattern of Bitcoin, but I'm just bored, wishful, and well, not providing any real fundamental analysis whatsoever, or am I?

kingofkrypto1

Come on everybody, let's rally this biatch! Why are you all shorting this wedge? Bring it back to positive and bullish!!!!!

kingofkrypto1 Updated 

Looking at the 4 hour chart, i just got an indicator on the Slow Heiek Ashi indicator for a potential Buy. I have been using this indicator with MACD, STOCH, and RSI. Some great trades have been produced utilizing all these indicators while watching the 20, 50 EMA. I expect it to only continue a harmonic pattern down with a slight jump here if at all. That's...

kingofkrypto1 Updated 

few weeks back I posted a basic chart review with what I thought might be the direction of the market. It turns out I was looking in the right direction. It has been losing steam, unable to make the gains to return to where it was, and followed the arc I painted almost exactly to fib correction. However #DJI found support at the .618 fib level (I set the base of...