(EOS/USD) *Chart Pattern Identified*I am bearish and this is why.
Fractal found from last Ascending Triangle.
Red dotted line looks like resistance.
Yellow 1-5 Impulse looks complete.
wave C (pink) or 3 looks to be complete.
Fib extension has been hit PERFECTLY from (pink) A - C
**NOTE** Same thing MAY apply to EOS/BTC I probably wont make a post on the BTC pair but check it out. they should look very similar.
EOS is not the only one. I seen this yesterday before wave 5 was put in.
this looks perfect imo but think we can hit the orange trend lines 1-2 more times.
If we break up thats another story. But for now this is bearish and I see it across the board on a 4 hour chart.
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Thanks!
Excavo
ADA/USD short term micro countpossible. I will consider shorting at wave 5 in yellow or if we start to break down and retest the orange triangle line.
most likely same applies for the ADA/BTC pair.
IOTANow IOTA moving in accumulation zone this is good zone for buy before IOTA fly. According to my observations, I noticed that the iota team has market makers who know and have experience how to make a rocket for the price of iota. that's why my recommendation is to add this coin to portfolio for the medium term. Swing trading
Crypto Total Market CapOver the past week, the crypto market capitalization increased by 30% from 100 to 130 billion. A few days ago there was a maximum daily trading volume of 35 billion. Now we see a clear trend. We are moving in the ascending channel and by the end of the month market capitalization is expected to be in the zone of 140 + billion.
We begin to grow. A lot of good news. Which pushes investors to invest in projects at low prices.
RSI - oversold
above MA50,100,200
ETH/USD decision time! **UPDATE**** If anyone wants to join my FREE telegram channel where I post updates often you can click here : t.me **
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There are 2 lines
1 Red and 1 Green.
red line is the price point where I think a downfall is confirmed. that is because that would be a lower low then wave D
same with the green line. it will be bullish if we break above the green line.
that is based on the highest tip. (Yellow wave 5 on the impulse.)
as for now im leaning bearish on BTC/ETH/EOS/LTC and BCH
the green and red box is a P&L for a position if you take it from the retest of the triangle (RED WAVE 2)
short there and close at the .618 Fib (RED WAVE 5) this will also be GREEN WAVE C. completing a GREEN ABC making the correction complete.
Profit of 10.4% and Loss of 1.11% if this goes the opposite way and goes bullish.
this is the trade I am taking. I think its risk is pretty low but at the same time I do not suggest anyone take these trades based on my calls. These are mainly for eduction for me to gain knowledge using chart patterns and other TA.
I see it as a journal so that I can come back to hard situations like this and see what happened and how it looked before the move. So I will know for the future.
BitcoinBTCUSD moving in uptrend channel. We touched resistance line of this channel and now probably decline in the range of 3830-3900 there is a support line upward channel. MA100 as well as two strong levels of fibonacci 50%, 61.8%. After that I expect growth in the range of 4200-4300
Confused RSI- oversold
InsolarTestnet realease today and tech paper release on Jan 30. - Strong fundamental news
Top-1 position at dev ratings: www.cryptomiso.com 12 months
and coincodecap.com 3-months chart.
DPRating report with positive rating, predicting to reach top-150 CMC in short term and top-100 in long term. ttps://www.dprating.com/en/rating/report/69
In technical we moving in uptrend channel and bullish triangle with potential break out to the 50-61.8% level fibonacci
INS is traded on major exchanges including Binance, Okex, Bithumb and KuCoin.
BTC/USD *Chart Pattern Identified*pattern looks good so far. will long on touch of yellow E and close if it goes below yellow C.
same thing as ETH .
IF you wanna join my telegram channel where I post more often
t.me
its free :)
Stellar LumensLong time XLMBTC falling in falling wedge - reversal pattern.
Fundamental analisys
IBM plans to further expand its Stellar-based cross-border payment system, covering ‘a substantial portion of the world’. IBM has big plans for Blockchain World Wire, its Stellar-powered payment system that was launched in September. Jesse Lund, Head of Blockchain Solutions at IBM, has recently revealed in an interview that a ‘a lot of announcements are coming soon’, but he already spilled the beans on some important details that might make the XLM price shoot through the roof
u.today
BitcoinThe last two days we can see an increase in trading volume on the market to 35 billion. Bitcoin touched the psychological price of 4000 and was not fixed at this price. Now we are moving in a triangle. and each line of resistance is a point for taking profits or opening a short for big players. The news background is good now, but there is no one news for a trend reversal. I still do not believe that this is a reversal. so be careful dear traders
RSI - overbought
We are above MA50,100,200
CARDANO ADAADABTC moving in uptrend channel touched support line and go to resistance line 0.00001500 area
Local we formed triangle with potential break out up
We are above all MA50,100,200
First target 0.00001300 area
Waiting for the rocket
BITCOINWe are close to and under the resist, a key level of ~ 3800 (Binance), 3850 (Bitfinex) can be considered a safer purchase. RSI overbought and has the bearish div.
LITECOINLTCUSD
Need to pay attention, very strong resistance. Divergence by histograma MACD and MAs, RSI overbought.
BTCUSDBTCUSD formed falling wedge- reversal pattern and break out resistance line of wedge. I interpret this impulse as a possible beginning of movement. Now BTS is moving in the flag - a figure of the continuation of the trend. We are above indicator MA50,100 and near 200 MA.
targets 3800-3900
MoneroXMRBTC touched bottom and now formed triangle with potential break out resistance line. Targets next fibonacci levels
EOSEOSBTC Touched bottom. look very bullish. Moving inside triangle. Can break out resistance line. Big growing potential
Under MA50,100,200
Polymath Polymath
The Polymath platform has the overall aim of providing legal and technical expertise to facilitate tokenization of various financial assets and instruments. The platform has managed to pull token issuers, legal experts and technical professionals together in order to build an ecosystem which harbors the ability to assist in the production of tokens which are fully regulatory-compliant on the Ethereum blockchain.
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In technical we touched support line of the trend line and this is good opportunity to buy at this level. Swing trading
LiteCoinLTCBTC moving in up trend channel. We near resistance line. Also this formation look like bullish triangle or cup and handle.
We are also above MA50,100 and 200
LITECOIN : Not long will be heldLTCBTC
Look at Indicators with the bearish divergences and Cup&Handle on chart. Have sell zone and we need. LTC is a good coin and has been keeping up pretty well lately, but the correction catches everyone and everything.
