This will be my views of BitCoin (25 Sept 2018) Please make sure to read the "update" comment as there will be changes along the way. Cheers. S0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities...
One reason why bitcoin is struggling to move up is the bitcoin futures market. The futures market opened Dec 18, literally the peak of bitcoin. Looking at the COT data, we can see that bitcoin has always been in a negative net position. Which means there has always been more short positions than long postions. Below is the data collected since April which shows a...
As previously posted: Stoch RSI and Stoch start at overbought beginning of November 2017 like now. Can it repeat? Y/N Big news now so different. Stoch RSI has now hit zero The current low reached of $6,618.9 is approx. 2.618 the volatility between June 1st Low and June 3rd High. Can it go lower? Trump, trade, North Korea, Interest Rates, global markets...
The 6th of every month this year has resulted in a reversal. I’d love a bull run in June but I have a feeling we won’t see one until late August. Making predictions is fun, but make sure you spend more time reacting to the market because things can change very quick. Take a look at a market cycle.
on 4 hours ETCBTC and predict future uptrend. MACD shows oversoldat new lows so change in direction is bound to happen, currently in lower division bb band and macd cross is likely to happen soon.Once MACD cross happens would buy and set stop at 0.002277, or buy now.
Support levels for Bitcoin are: - 7825 (top of the 2nd square) and - 7500 A break below the 0.682 retracement would indicate weakness and could trigger further selling.
GBPJPY reacted off our first resistance at 150.0 (horizontal swing high resistance, 100% Fibonacci extension). A strong reaction might occur pushing price down to our major support at 147.92 (horizontal swing low support, 61.8% Fibonacci extension). A breakout of our intermediate support level at 148.58 (horizontal overlap support, 50% Fibonacci retracement) might...
Previous resistance becomes support= suggested textbook buy in .50's
XRP on the 4hr Chart. Price has been consolidating between 50 EMA and 200 EMA MACD is hitting a support line that could lead to further upwards move and break out. MFI show upward movement. Downside is a break below 50 EMA
Pennant ways - After a beautiful pennant breaking few days ago ZCL performed a huge run - which is'nt over yet. i found similarities to the huge bullish run we had from 23.12 to 13.1, which had a mini pennant. we might hit 0.015 sat one to two more times before a break. A break will us to 0.026 or more. Trade carefully, this was not a financial advice.
Personally, i don't see any signs of a reversal yet (unless we continue this bounce above 10k). Big accumulation zone is highlighted in the rectangle. The lower green trend line is a long term upward trend line that was established prior to the recent parabolic move. A correction to this level should signify a big buying, and should be enough to push us up and...
Seems that Verge is going to breakdown, after a long downtrend had found a good support line. Buy time? Who is betting on this?
With BTC having a correction that might be ending soon it is time to fill our bags with some goods. Vechain is looking real good it's forming a falling wedge and the rebranding on the 26th February could be the catalyst for a break to the upside a break of resistance trend gives us a buy opportuntity TP1= fib level Good luck!
Ripple has been in the low $1 range, and is due for a breakout. The banks have heavy stake in this coin, so I don't see it going lower than $1. I'm calling for $1.50 Ripple mid Feb, so get your hatemail ready. It looks to me like a low-risk, high potential play going into early February. Despite my dislike for this particular coin, it has a large market cap,...
Based on the analysis provided, BTC/USD is projected to hit support of $9,500, then later regain support. Volume of the market has almost weened out all the sellers, therefore, the buyers can come in and once again takeover. As growth occurs, there will be a ton of resistance; that being said, the buyers will have the power for penetrating the resistance line.