CryptoNapp

CryptoNapp Updated 

Hello everyone! Another TA brought to you by crypto Nap. We've seen bitcoin pump today, but is it out of the unsafe waters? Not even close. Just next to the big downtrend line and the FIB retracement level, with RSI oversold on multiple levels, it's hard to say that bulls have taken over Bitcoin. We have strong support around 8300, and bears would completely...

CryptoNapp

Hello everyone, i wanted to provide you with another way to think about BTC right now. I've used log scale so everything can be seen. We can see what the past has given us and decide on what the future will hold for us. I just want to post a bullish thought in the sea of red ones right now. Hope you pick your trades carefully and look at both sides. Stay objective friends!

CryptoNapp

Hello everyone! Things are not sure in the zcash-btc match for the next couple of days. On one side, guarding the bottom price range, we have our big support zone, followed up by a 1 day RSI oversold indicator. On top, we have a strong resistance trend line with 1 hour RSI pointing at overbought, price right at the Bollinger band top range and volume steadily...

CryptoNapp Updated 

Hello everyone! Let's see what ETC has to offer us today! It reached to a point where a major (grey) trend line is crossing it's path upwards, while also having some great support anywhere down from it, as drawn. RSI show's that it's oversold, and even with major gathering of sellers, last few candles show weak hands in terms of same volume, but indecisive price...

CryptoNapp Updated 

Hello everyone, welcome to my daily TA. Today we are looking at Cardano (ADA) dipping into the buy zone, and going slightly above it, with good chances of returning to it until it hits the Fib retracement line which meets the trend line. We may have found a bottom, and are about to spike up. RSI confirms that the Fib retracement is the actual "oversold" line for...

CryptoNapp Updated 

Hello everyone, this is my daily crypto analysis, and this time we are looking at Ripple (XRP). XRP recently found a great support in the 100 moving average on the hourly chart, and has great support point bellow it as well. It has been consolidating and preparing for a spike up for a while, though due to BTC rising, the volume fell down a bit (but if BTC starts...

CryptoNapp

Skies are ahead! In my first/second post i showed the unfolding of Elliott pattern on the newest ups and downs of BTC, and now we got a confirmation pattern. with 5th Elliott wave unfolding, we finished our inverse head and shoulders pattern, making it SO MUCH MORE LIKELY to do just as I predicted. If you want to see why i marked the level i did, check my previous...

CryptoNapp Updated 

Hello everyone. What i showed in this chart is a clear support and resistance zones from previous pushes and pulls, as well as a big fib retracement showing that we have a MAJOR support line between 765 and 780$. Also, we have somewhat a strange situation upwards, since even though major resistance is high up, between 970 and 1000$, judging by previous resistance...

CryptoNapp Updated 

Zoomed in and cleaner view from my first post. First big Elliot wave finished the pattern at our lowest point, and new Elliott wave started. Fib retracements show support and resistance lines that match up perfectly. I see many people not knowing how to draw Elliott waves, and mistaking minor distortions for waves, even the top analysts. Waves 2 and 4 should NEVER...

CryptoNapp

Hello there, this is my first post, so i could use some constructive criticism. Based on the Fib retracements and Elliott waves that are unfolding, we are awaiting for the 5th small wave on a daily chart. We are about to go up people, so fasten these seat belts!