So we bounced on the 6100 support level on the 200 SMA If we are still in the crash of the biggest bubble in mankind's history, which i think we are, i expect a bounce of 50% like the nasdaq did when it crashed in 2000, before resuming the downward move. So we might reach the $9200 resistance before going down again. twitter.com
Cryptocurrencies are not dead This is not financial advice. Do your own research or ask professionals prior to invest.
This is a risky one, dream big, play small, but it's an interesting concept. I guess I see opportunity where others see a dead horse. Supply is 21 million, the RSI doesn't match up neatly but every time it drops into oversold, especially in a cluster of 3, price eventually has a nice pop. Just be Patient. Looking at February or even next summer for a target....
If we compare Bitcoin chart with Willy Woo's theory of 3 Dead Cats and A Moon, then we find a pattern like in this graph. and it's showing ore bullish pattern ahead after we complete the 3rd dead cat (or 3rd attempt to bounce ). one of the best strategy to survive from this is just HODL.
Hey everyone! This is my first analysis and I am very new to technical analysis, so 'bear' with me. Here is the daily chart, since the two are very much complementing each other: The chart is scaled logarithmically, since it gives a better picture of what happened in the past over the linear chart. What worries me the most are the insanely low support levels...
Nasty rising wedge on the daily as we've already seen a break on the hourly for this fractal. Will be entering on a support-turned-resistance retest.
now for those hodling kripple look here there is a breakout of trend line and the lower side of head and shoulders. this is a change in sentiment and direction. and your going to get a bounce here don't be a bagger get into RDD and hold or DGB.
Greetings all, To hodl or not to hodl? I'm a demo forex trader and I currently hodl some btc and a few altcoins, I don't particularly trade cryptos, but I try my best to read up on sentiment and fundamentals behind the coins to help me sell high to buy back in low, or buy low and sell high. I was looking at the chart and trying to figure out where I stand with the...
I think it's good to keep in mind that it's a possibility that the bull market ends and we enter a bear market. A sign we could be in a dead cat bounce would be if price gets close to the previous ATH (5-10% off) and then stalls and reverses hard.
No developers, 1 mining pool. This pump started with a giveaway followed by a group pump. Bring newbies in trick them to deposit XDN and then dump on them. Research before you invest ;)
Just a quick update, looks like BTC is about to drop down to the 200D EMA 10K support/resistance on the 8hr chart. Let me know what you think, I'm new to TA. Go easy!
Looks like another deadcat bounce to me, what do you think? PS: Be nice, I'm only just entering the TA scene.
Bitcoin is showing bearish divergence on several timeframes. The daily looks like a dead cat bounce due to the low volume, accompanied by high CMF divergence on 4h. The 1.236 extension falls at 8426, which also is the present channel top. If and when the trendline is rejected, i expect a drop below 5k, breaking the parabolic support and completing cycle wave 3.
Burst coin slided from just shy of 1000 satoshi to a little more than 100 in about 50 days. The slide was accompanied by a lot of bad news about DDOS attacks and forks in the chain. On its way down Burst took out some major supportlevels, which now have become resistance (horizontal and upward red line). Last few days Burst showed resilience, RSI did not manage to...
When we arrived at 3000 USD the price made a correction until the high trend (blue line). Following a move of 3 funds, where the third fund was the touch in the bullish trend. After the touch, he climbed back to break the top. I see a repetition of the correction pattern happening again, with that we made a first background in the region of 3900. With that the...