Bitcoin USD 6 hour candles As we all know Bitcoin crashed in the recent months. The lowest point was at 6000 USD on the 6th of February, coming from its 19900 dollar all time high at the 17th of December 2017. In the last months Bitcoin is basically copying the path of this Market Cycle cheatsheet . If we are to believe this chart we should currently be in...
Synereo AMP / Bitcoin BTC 2 hour candles Yesterday I posted long term analysis on AMP here: My mid-/long term analysis is still relevant at the time I'm publishing this 2 hour candle chart, so feel free to take a look at the mid-/long term chart as well. Because I received some requests to publish the live chart for a short term view as well, I decided to...
Synereo AMP Bitcoin 1 day candles AMP successfully broke out of the short term falling wedge from my February 21st analysis and resuming its course towards the long term descending triangle ceiling, to test it for another break attempt. I have indicated the (Fibonacci) support and resistance zones for you to monitor. You can use this chart analysis to assist...
NEO USD 60 minute candles on the left and 1 day candles on the right. Two days ago NEOUSD has broken downward from the falling wedge it was trending in. Yesterday it accelerated its descend during the market fud caused by the rapid Bitcoin price dump in response to the hacked trading API's of several Binance users. NEO hit the downward target I set in my...
NANO Bitcoin 1 hour candles (left chart) and 6 hour candles (right chart) NANO sure loves pennant / flag / triangle / wedge patterns this week! After its 170k satoshi peak last week, this week NANOBTC has been trending in a wild variation of multi hour and multi day assortment of these trading patterns. Bears and Bulls have been indecisive at times lately but...
Wings DAO / Bitcoin 1 day candles (left chart) and 2 hour candles (right chart) Wings has been trending within a descending channel ever since it's June 2018 high at 38k satoshi. At the time of my February 23 analysis on Wings (which unfortunately was removed by TradingView because it had links to my social media...), it was moving within the purple lined ...
NEO USD 60 minute candles on the left and 1 day candles on the right. NEO has been descending within a falling wedge that has broken downward in the recent hours. Short term RSI is nearing oversold. In the coming hours we could see a temporary reversal bounce at around 104/105 dollars, make it target 110/111 dollar again. However the one day candles chart RSI...
NEO BTC 1 day candles (left chart) and 1 hour candles (right chart) Repost of the analysis I posted earlier today (original post got removed because of a link) Looking at the 1 day candles chart, NEO / Bitcoin is currently descending within a falling wedge or flag (depending if you draw the lines at the candle wicks or full candle bottom). Currently the price...
DopeCoin (DOPE-BTC) has seen bullish momentum since it broke out the long term descending triangle last week. Three days ago, in my previous DopeCoin trade analysis, I predicted the forming of a cup and handle continuation pattern. This is an update to my previous TA. After retracing the first peak, the trend got in perfect sync with the direction of the previous...
Musicoin (MUSIC-BTC) has formed a cup on the 30 minutes chart and has retraced the handle part. A pending break will tell us soon if the handle of the bullish cup and handle continuation pattern will continue forming upwards or if it will break down. You can enter Musicoin at the stars (break points) indicated in the chart. Always enter only after confirmation of...
On december 12th Ripple (XRP-BTC) broke out a long term descending triangle, coming from 24200 satoshi in may 2017 to 1180 satoshi at the beginning of december. In the last weeks XRP has seen a strong ascending bullish trend, bringing good trade opportunities. At the time of writing this analysis the price of Ripple is 11350 satoshi. For those interested in short...
Followup on my DOPE-BTC DopeCoin TA from yesterday. As predicted DOPE broke out the 500~575 zone to the 600~650 zone. Dope is on the right track to break out for handle confirmation on the big multiday cup at point A. If it however fails to break out at point A it could target point B for the smaller cup handle. Mid/long term TA history combined with this short...
DopeCoin (DOPE-BTC) has seen bullish momentum this week since it broke out the long term descending triangle. The current trend is in perfect sync with the direction of the previous ascending trend line (extrapolated in the chart) and wedging upwards between the 23.6 and 38.2 percent Fibonacci Channel lines. The predicted trend, based on the observed trend en...
DOPE bullish forecast. DopeCoin broke out of a midterm descending triangle/pennant and has formed a cup in the past week. The handle could break upwards soon at point "1" or "2". Yesterday I have correctly predicted the THC run. DOPE could be the next weedcoin to profit from this momentum combined with the trend that it is showing. Buy at break signal 1 or 2....
After successfully breaking upwards from the bullish pennant of my previous THC-BTC TA, THC is now about to test the 885 Satoshi resistance line within 24 hours. The odds of continuation of the rise are in its favor given the bullish momentum so far, news/hype surrounding the "weed coins" and the fact that it is a relatively low volume coin that easily spikes...
The THC bullish pennant is about to break. The orange lines are based on the 1 day chart candles, the green and red lines are based on the 30 minutes chart candles. It has a high probability to break upwards, given the long term bullish trend and increasing general momentum for the "weed coins". If an upwards break generates a big pump it could test and possibly...