CryptoMichNL

CryptoMichNL

ADA Long Term Idea This one had a great run up in the past. Congrats on that one and such a shame if you didn't sell there. What do I expect from this one? Nothing in particular. I'm expecting retracement towards the lower zone. After that accumulation and possibly another run up, but that's going to take a while and possibly only at the end of 2018. Update...

CryptoMichNL

Alright, Tron Trading Idea. First Impulse Wave 12345 done back in January. Currently retracing and it will get to the accumulation phase in a bit. I'd suggest to leave the coin alone. Might jump in a few months, but there are plenty of opportunities to trade. The zone between 330-385 is kind of the area you'd like to buy if you want a long term trade, as this is...

CryptoMichNL

Appcoins Little different view on this one, as I've been approaching it as a short/midterm swingtrade, but it could be getting somewhat longer than expected. Mainly because there's not that much of data for this one to analyze, I'd say. We see 10 red days in a row and still no indication that it's breaking the main downtrend resistance line. Although I've bought...

CryptoMichNL

Ok, then the bigger overview for Bitcoin -0.05% , from the start of it. First, some information: Yellow lines: smallest elliott waves Cream lines: bigger elliott waves then the white waves (white ones are in between the yellow ones) Purple lines: bigger elliott waves then the yellow waves (yellow ones are in between the purple ones) How do I begin this?...

CryptoMichNL

ARK Update Currently this one is retracing from the first run up and it's not finished yet. Downtrend channel and it's approaching the logtrend support fairly soon. If we combine that with the fibonacci levels, then we see that the overall 0.786 fibonacci level is around 28K sats. The smaller one retracement levels of 0.786-0.886 fibonacci is also between...

CryptoMichNL

Komodo, one of my favourites, I’d say. What do we see on the TA from this one? Well, it seemingly can’t break the 90-100K barrier, as that’s a very strong resistance line over there. Retracing all the way down right now. Made a small jump in the past days, but I'd say we'll be seeing some more retracement towards the indicated box before we'll be heading...

CryptoMichNL

Funfair Analysis Let's just put it on Tradingview Let's place the arguments together: - Retraced all the way back towards the 0.786-0.886 fibonacci zone from the run up. - Currently fighting the RSI downtrend and possibly breaking it. - MACD is about to make the cross and has been in a downtrend for a very long time. - ABCDE of the falling wedge is done....

CryptoMichNL

Stratis, STRAT. Don’t have much to say on this linear chart, right? During the bottom --> HUGE accumulation as you see on the volume candles just on the bottom of the chart. It did bounce around the 150-160K rally, which is quite common on these type of graphs. How do we call these? Yes, a beartrap. Currently in accumulation phase, not even starting the...

CryptoMichNL

$DGB #digibyte Double combo WXY finished, broke downtrend. Seemingly turning upwards and lying on the important 0.618 fib retracement level of 400 sats. Expecting upmoves from this one. Targets: 1 - 580-600 sats 2 - 700 sats Mid term trade.

CryptoMichNL

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CryptoMichNL Updated 

Vertcoin Update Log Chart What do we see on this timeframe (1D candles)? - possible falling wedge - back on the lower trendline (bounced on it) - seems to be finished with Leg E from the Falling wedge - weak bullish divergence on the MACD (later on a bit stronger) Given the RSI on the 4H timeframe, given the falling wedge scenario and the bullish divergence +...

CryptoMichNL Updated 

Alright, there's the next chart on TradingView, this time it's an overview for Bitcoin. What do we see? Well, we've seen some massive growth in November and December from Bitcoin, after that it's retracing downwards. What do we see more? It's in a channel right now, actually on the bottom and lying on the support. In the past few days it have been bouncing on...

CryptoMichNL Updated 

ICX Small Trade Idea What do we see on this timeframe? - Bullish Pennant - Green box around 50K sats strong support - in an uptrend - possibly breaking out right now - bollinger squeezing --> indicating we'll see some movement - finished ABC correction possibly --> start of new Elliott Wave Three scenario's: - up to the 60k sats area after breaking out, but not...

CryptoMichNL

Cardano (ADA) trade on small timeframe. Possible falling wedge in play, in that order we have to bounce from the orange trendline once more. It's also possible that we break out from here. On the daily it's fighting the downtrend line on RSI too --> in that order I'm expecting the last drop before breakout. Target box: white box. Possible 20-25% achievable here.

CryptoMichNL

Bitcoin Update Linear Chart What do we see on this timeframe (4H candles)? - possible falling wedge - back on the lower trendline (bounced on it) - seems to be finished with Leg E from the Falling wedge - strong bullish divergences on both the RSI and MACD (MACD stronger) What do we see on the 1D Candles? - RSI broken the downtrend, still pretty low - MACD...

CryptoMichNL

Guppy, one of my favourites! What do we see on this timeframe (4H candles)? - falling wedge in play - possibly leg D in the making now (on Twitter I've placed some tweets about some small plays, which I've executed) - MACD turning positive - No volume - RSI turning up What do we see on the 1D Candles? - RSI Turning up from 30 to 35 now - MACD about to make...

CryptoMichNL Updated 

Digibyte Trade Idea 8 February 2018 The coin I've started with mid 2017 (at least, becoming more active in this market, fascinated by the big swings from coins). What do we see on this chart? A lot of things! - Retraced all the way down to even 70 sats from the big jump earlier in 2017. - Climbing back up, breaking the green zone --> red zone became...

CryptoMichNL

$BTC. The one I've been checking the most lately, due to the exciting times. If you don't like this, then you should leave crypto and trading to be honest. Maybe basejumping is something for you. What do we see on Bitcoin charts? - 1 Week candles --> Positive, bouncing nicely from the important RSI support, indicating we'll be good for the next week. - 1 Day...