BlockTechEv

BlockTechEv Updated 

If you haven't watched the video prior to seeing this, I'd recommend watching the quick 6min video first. Otherwise this chart may seem messy. However, if you watch the video you will see and understand drawn-in potential support zones, channels, demand zones, fib and sma support and then all the colorful lines will appear more sensible. I use multiple...

06:38

BlockTechEv

Taking a look at technical analysis using Fibonacci, SMA lines, support and resistance, demand zones and RSI to determine where XRP is going. Many of you might have heard by now that Ripple "may" be sued by the SEC, which seems to be implicating the price today. Whether or not that is the reason for the sudden decline in price, is up for interpretation. AND I...

BlockTechEv Updated 

The curious case of XRP - "Facts should be at the core of every decision you make, but getting to those facts are proving to be difficult in an unregulated crypto market where maximalists and propaganda play on your emotions." Let's start with PRICE vs VALUE. These two are not the same, and PRCIE does not reflect VALUE. Finding differences between price and value...

BlockTechEv Updated 

Ripple's XRP has had turbulence but no take-off compared to other cryptocurrencies, which are mostly in the green today. First, a look at the fundamentals - Despite the airdrop, XRP descended into a slow bleed downwards. I've read many articles on a few of the most mainstream "crypto news outlets" (commas so that this article doesn't automatically get blocked...

BlockTechEv

Ripple's XRP has had turbulence but no take-off compared to other cryptocurrencies, which are mostly in the green today. First, a look at the fundamentals - Despite the airdrop, XRP descended into a slow bleed downwards. I've read many articles on a few of the most mainstream "crypto news outlets" (commas so that this article doesn't automatically get blocked...

BlockTechEv

Hi Traders. I am making a quick BTC chart going back to the BASICS namely RSI and MACD. Looking at this, I am seeing the potential for further downward movement. It might be a choppy movement, but on the 1D timeframe we are clearly BEARISH. Kindly hit like 👍 Many thanks ! Trade carefully during these volatile times, Ev

BlockTechEv

It's been a while since I zoomed out and looked at BTC LONG term. With all of the volatility going around I've been caught up in identifying short term signals. To get a better understanding of what is happening on the chart, move your curser over the anchors. Start from the left and work your way over to the right. What I have identified over LONG TERM, is that...

07:36

BlockTechEv Updated 

Watch a quick video to get an idea where we are with XRP at the moment. This video covers chart patterns and technical analysis. Follow 👀 to never miss a thing Hit like👍to show your support Best regards Ev

04:12

BlockTechEv Updated 

Watch a quick 4min video for a detailed chart and technical analysis to determine whether this is THE correction or only a minor pullback. Remember to hit follow and like 👍👀 Your support is appreciated! Many thanks, BlockTechEv

07:22

BlockTechEv Updated 

Watch a quick video on BTCUSD chart patterns and technical indicators. Where we are right now and where we could be going in the SHORT term. Please hit like 👍 and see below update on ETHUSD Ev

BlockTechEv Updated 

Hello Trader. Move your curser over the blue anchors. XRP is currently trading close to a support line. It is important to monitor this closely. If the support line holds, I expect more sideways trading unless the volume increases. Please hit like 👍 and follow me to get updates as I post. May you make good decisions and many profits in this volatile market Ev

BlockTechEv Updated 

The triangle discussed in my previous post is being tested. If BTC cannot hold $19k for the next 3 hours, we will be stepping down. The next retest is as per chart around $18700 and if that doesn't hold, $18500. For worst case, drag your curser over to the blue anchor on the bottom line of the yellow cannel. Remember that this is not financial advise, I am simply...

BlockTechEv

This limbo is proving difficult to predict. Move your mouse over the anchors to see trend and chart patterns explained. I am hesitant to say that we will break $20k, because the whales are defending the fib lines vigorously. The only way we will see an upward break is if the selling pressure seizes (if the whales allow). Don't get me wrong - long term I am still...

BlockTechEv Updated 

For the SHORT TERM I expect ETH to keep trading sideways until the 50SMA either acts as support, or doesn't hold. In which case we will be retesting fib retracements. See my pervious post below for the possible fib support levels. However, if 50SMA holds steady we will retest $600. In which case we would see an increase in volume and a turning uptrend in the RED...

BlockTechEv Updated 

I see an inverted H&S on the 12h timeframe. This is usually followed by a breakout ABOVE the neckline. Usually, but not always. Remember to hit like 😊👍 Many thanks, Ev

BlockTechEv Updated 

Please drag your curser over the anchors to see the notes. The 20SMA did not hold and we are trading SIDEWAYS BELOW the 20SMA. Furthermore, it is also important to note that we are trading SIDEWAYS AFTER a new higher high ($636). Usually, but NOT ALWAYS, just usually this is followed by a pullback in price. At this current moment we do not have any indicators...

BlockTechEv Updated 

I see a potential pullback in the SHORT - NEAR TERM for Ethereum. I have marked 3 potential support targets. Medium to Long term I am still bullish and expect ETH to get back to its ATH. However, short term charts are showing me this: - The higher high was rejected and met with heavy resistance so much so that the short term trend changed bearish. - Currently...

13:21

BlockTechEv

Watch the video if you are looking for: - an understanding of the current situation - where this might end - planning your next move And please hit like👍, I greatly appreciate your support for the time it takes to do a video analysis Best Regards Ev