1H hammer formation 4H hammer, down on FIB. 1H 6 spikes down to this region - 29700 Sellers showing weakness Bias LONG. Tho we can clearly see 1H head and shoulder. It might go down 29400 before further upside. Have a good day.
After breaking a symmetrical triangle and bumping into resistance the BTC has dropped 5% on a single candle in H4 and for the past few hours has been doing several DOJIS, which could mean a sellout force taking into account the low turnover. . We have another strong support in the region of $ 9021.00 and a resistance at $ 10048.00. We can stay in this price range...
The currency is apparently in an accumulation phase in a support region of about 13 days. The RSI indicates an LTA which could mean a good trade in the next few hours. With initial target in the EMA200 region, breaking times a rest for a new ascent to the next resistance.
Following a bullish channel after the breach of a bearish channel the currency created a support at 0.00001025 where it coincides with the bottom of the channel. But we have some resistance warnings along the way and one of them is the EMA200 followed by a slight pullback resistance at 0.00001148. Worth to be aware.
WAVES is in a two-day accumulation phase. Making good support at 0.00001382 you can go fetch resistance at 0.00001662 giving a good profit to the starting target. At another time she may lose this support and come fetch 0.00001306 for a steeper climb. Pink Lines: D1 Studies Green Lines: H4 Studies
BINANCE:KMDBTC making a symmetrical triangle, at the moment the price is touching the LTA along with MACD H4 Crossing. For the short term you can get the top of the triangle and already have a good percentage of profit. For the long term one can wait for the triangle to break and seek levels around 0.00001416. I emphasize that one must be attentive to the...
The XRP seems to accumulate over the days for a new rise. Comes respecting the short-term LTA with making upward tops. If the BTC continues without large movements we can make a good profit in the next few days with XRP, breaking resistance and initially looking for EMA200 in H4
The coin remains on top of its long-term LTA doing a set of accumulation, observed with more attention the formation of a small jute triangle with the LTA reinforcing the probability of rupture and continuation of the bullish trend. Long-term targets in red.
Theta forming a symmetric triangle with high probability of profit. He broke the EMA 200 in H1 and could fetch EMA200 in H4 for the long term. Entry at 0.00001080 with initial output at 0.00001179.
EOS does double bottom and if we analyze the D1 it stays as a triple bottom which means that it is in good support with great probability of profit in the next hours. MACD and RSI also indicating loss of sales force and increase in purchasing power. Initial target at 0.00005281 and in the long term we can go up to 0.00006627
Eth has formed a double bottom in the diary and already shows trend reversal in smaller timeframes. The MACD is also indicating long-term buying. First long-term target would be around 0.0324 trying to fetch the EMA200 giving investors approximately 18% profit.
Currency breaks its low channel and in the last hours made candles of purchase with good volume. High probability of short and long term profits. Watch out for the next few hours.
High trend line being respected. However it is in a strong resistance, being broken can give about 7% profit. Short-term trade.
Due to the high of #BTC there was a 13% drop in the last few hours losing the RSI LTA, but support at 0.0036986 managed to hold the price well. The formation of two hammers in a support region reinforces movement to high. The price can go for regions between 0,0040966. We will have to see how the BTC will behave in the coming hours and how that will influence the BNB.
New weekly write-up on the perspectives regarding Bitcoin. Let's first start off with a small summary of what happened in the past week. Bias was pretty much bearish when we were hanging around at $4,200, which you can see in the past posts I've made. I was short on that position, however when we dropped down on the rising wedge and kept the channel in place,...
XRP is as usual at it's famous trend line. I will make this short as the scenario is pretty repetitive. You may be seeing, some strong manipulation around this zone to wipe out the stop losses. I'm stupid so I don't have any, all I have are buy orders :/ I don't recommend doing like me tho... Risk management is the most important thing in this game. Over all, we...