High
12/10/2017 BTC/USD Analysis"Bitcoin Hits $5,400 on Hopes China Will Reverse Exchange Ban" www.investing.com
NXT IS COMING and this is only the begningI have the past year been trading and studied the power of Cryptocurrencies, Blockchain and basic the whole cryptography. I see a massive potential in these cryptos, NXT the Nextcoin is based on this Blockchain Application Platform, which can be everything we want it to be. The interaktion between trusted sources like funds, contracts and much more, can be send around the world in minuts , secured by math and algorithms, i dont need to tell you how this, but NXT will have a important role in this development, so the fundamentals for this trade is STRONG BUY, if we look at the other hand, the Technical analysis, a current very strong up trend, which just made a break through a important level. STRONG buy
future cup and handle to bring the price back up based on previous pump, weekly, daily, 3h, and 1h RSI and Stoch RSI. bitcoin will begin the last leg of the markt cycle (on weekly graph) and break highest high after the cup and handle.
OMGETH - same channel, new targets - longOMGETH still gaining steadily, minor corrections for profit takings. consolidation on the way, we should see .045 soon. Great place to buy, would be a short term 50% retrace to .031.
No major breakouts from the channel, steadily trending upwards, we should see new highs coming soon.
ETH/USD 1D Cup and Rocket1D chart showing a cup and handle forming. Once the handle is complete, this new ATH should line up with Ethereums realease of Metropolis on Sep25.
Buy Gold 1315-1325 - TP 1360-1375Hi, Buy 1315-1325 - You're looking for a long red candle-wick on the 4 hour or daily for your entry point. Best to wait for confirmation.
To the Technical Analysts - An Inverse Hammer for entry signal.
Good Luck.
- Divit -
P.s: Keep your eyes on the news ( Chubby Korean Boy dropping bombs like Travis Scott Drops Hits )
14/08/2017 BTC/USD AnalysisPrice has reached a new historic high, surpassing USD 4000 BITSTAMP:BTCUSD .
PAY Pennants patternAs requested here is my re-evaluation of PAY.
for 30m it looks like we have a nice pennats pattern with the first candle close to breaking top of resistance.
The 1D RSI still looks strong wich make me think we still have one more push.
If we break up from the pennant we will have another resistance level around 1600. So that will be my first sell target, Once at 1600 and if RSI still looks strong i think we can go past 1900 and find some resistance at 2000.
Breaking down from the pennant and we most likely go down to lower support around 1000. If we bounce on the 1000 - 1100 that will be my BUY signal.
Invest at own risk :)
MTL nice support at 2000MTL look to have found strong support at 2000 ( Previous top ) and are now forming a pennant pattern.
If we have another wave up we will be close to an all time high and have free motion up from there.
My target will be 29 - 30.
It's been some good days for crypto :)
