BCryptological

BCryptological

BNB is currently riding a huge wave of support and is quite possibly the most bullish coin in the short and medium-term. 1 hour 50 Moving Average 1 hour 100 Moving Average 1 hour 200 Moving Average 2 hour 50 Moving Average 2 hour 100 Moving Average 2 hour 200 Moving Average 4 hour 50 Moving Average 4 hour 100 Moving Average 4 hour 200 Moving...

BCryptological

BTC is currently above the: 1 hour 50 Moving Average 1 hour 100 Moving Average 1 hour 200 Moving Average 2 hour 50 Moving Average 2 hour 100 Moving Average 2 hour 200 Moving Average 4 hour 50 Moving Average 4 hour 100 Moving Average 4 hour 200 Moving Average 1 day 50 Moving Average 1 day 100 Moving Average Meanwhile, the 1 day 200 Moving Average is...

BCryptological Updated 

The 200 Exponential Moving Average (4 hourly) and 100 Moving Average (Daily) have BTC tightly in their grasp. Tell me below: which way do you believe we will break? Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.

BCryptological

For the past 48 hours BTC has been held down tightly by the 1h 50 Moving Average (green line), but has also found strong support against the daily 100 Moving Average (grey line). With the 1h 50MA closing in fast, BTC will soon be forced to make a decision one way or the other. Try my unique multi-timeframe moving average indicator to view this on your chart -...

BCryptological

Today's drop started when BTC was rejected by the 1 hour 50MA, but then turned on a dime once it hit the daily 200MA. So why switch between a dozen views when they can all come to you? I've put together this free indicator which combines the 50, 100 and 200 MA for the 1 hour, 2 hour, 4 hour and 1 day period... all at the same time in the 1 hour chart - a powerful...

BCryptological Updated 

If BTC's expected grind down continues, DGB is due to hit its 2018/9 Low . This will likely occur in the next two weeks and with the Stochastic RSI primed this event brings with it two distinct possibilities: DGB bounces back up 50-70%, such as the recent Nov and Dec bounces DGB cannot find support and sinks lower, likely at least 20% down, creating a new...

BCryptological

BTC Shorts have dropped (indicating that traders expect BTC to increase in value) into an area that for exactly a year now has provided both strong support and a good indicator that BTC is actually about to fall in value. BTC Shorts went below 21500 only three times last year... in May, July and November - when traders bet that BTC would increase in value....

BCryptological

Just a lighthearted moment in these rather nervy days of sideways trading... is this an extended bull flag preparing to pump higher, or is Bart Simpson hours away from his next appearance? Good luck all!

BCryptological

If BTC's expected grind down continues, XVG is due to hit its 2018/9 low in the coming days. Along with the Stochastic RSI primed, this event brings with it two distinct possibilities: XVG bounces back up 80-100%, such as the recent Nov and Dec bounces (bearing in mind the 50MA is closing in fast, providing resistance to possibly cap a bounce at 50%) XVG...

BCryptological

Just to highlight that BTC appears to have have moved in to a ever-narrowing range between the 50 Exponential Moving Average and the 200 Moving Average on the weekly chart (remember the longer the timescale on the chart, the more significant the support/resistance ). Please hit the thumbs up if you agree, or comment if you think this will hold any...

BCryptological

The bullish case: BTC has not breached the weekly 200 MA and closed below it since September 2015. The 200 MA offers huge level of support not only to BTC, but historically in stocks around the world. The bearish case: The weekly BTC chart has formed a bearish descending triangle, making the long anticipated move down to $2500 seem even more likely. ...

BCryptological

It pays to be a contrarian and never is this proved better than the BTC Shorts chart. In most cases, when it peaks into a resistance area shown in blue (and traders are betting that BTC will drop ) BTC rises or at least moves sideways. More telling is when the shorts fall down to a support area shown in pink (and traders are predicting BTC will rise ) ......

BCryptological Updated 

Since the end of November BTC has been trapped inside a equilateral triangle - a hugely significant one, since it is formed along the falling wedge which has been a powerful factor in BTC since March 2018. We are currently 8 weeks (or 73%) into a maximum of 11 weeks before the equilateral triangle converges. Since breakouts most often occur 75-80% into triangles,...

BCryptological

Going long every time the Stoch RSI blue line hits zero (realistically anything below 5) then choosing your own % of profit to exit, has proven to be very profitable over the past 24 hours. Why not test this indicator for yourself? Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a...

BCryptological

Although BTC held the $6000 support for almost of all of 2018, five weeks ago it did eventually fall and saw us tumble down. Many have tried to predict "the bottom" since then, but there is one essential indicator which is heavily respected by the market and something you should include (among other indicators) when making such predictions in your own strategy:...

BCryptological Updated 

BTCUSD Shorts (essentially traders betting that the value of BTC will continue down against the dollar) are rapidly approaching the 40000 level, which throughout 2018 has provided strong resistance and consistently marked the end of downward price action - and hence the beginning of the next uptrend. Although the Bitcoin market appears very bearish at the moment,...

BCryptological

It's very easy for us to get caught up in the short term charts when the weekly chart reveals the prevailing trend with far less distraction. Something not seen since 2016 has been confirmed in the last 48 hours - a death cross between the 20 and 50 EMA on the weekly chart. This should be considered incredibly bearish , not only for Bítcoin, but also for the key...

BCryptological

Until nine hours ago the 50 hour moving average was providing support... then we broke through and Bitcoin finds itself trapped between the 50 and 100 hour moving averages. With these converging, the pressure is on for Bitcoin to decide which direction it wants to go. Do you believe it will break up or down from here? Let me know in the comments below. Please...