Edgy_

Edgy_

We're inside the Equilibrium with XRP still, but all thanks to grandpa BTC, who is currently dragging all major USD pairs behind him. Because in the direct correlation, we've now gotten smashed down to the 3k Satoshi region, and should expect some bounce, albeit a small one, since there is no corresponding S&R zone from the past. If we don't see bounce going...

Edgy_

Have a look what happened since the last analysis, before I take the drawings away: => We saw a breakout out of the Descending Triangle, but no follow-through whatsoever. The reason is because grandpa BTC lead that breakout, and all the attention is on him, in the direct correlation EOS/BTC we're getting completely smashed: Right now we're barely holding the...

Edgy_

LTC acts as BTC never broke out yesterday. This shows itself clearly in the weakness towards LTC/BTC. => We're back into the EQ again, and will see a breakout coming in the next days. If BTC corrects, there is a high chance that LTC will break the EQ bearish.

Edgy_

Hello dear crypto friends, in this special BTC analysis , we're gonna look at the different timeframes with grandpa BTC currently: 1H Chart Double Bottom defended the $12k. Since then Uptrend indicated by higher Lows 4H Chart Higher Lows successfully established at $12k Currently 2 Inside Bars which will indicate the direction when they break...

12:01

Edgy_

Hello dear XRP traders HODLers and friends: We're currently inside an Equilibrium on the 4H in USD, which at the same time marks the potential right shoulder of an inverse H&S. But of course, the bulls need to break above higher. This will highly depend on BTC: In the direct correlation to granpda Bitcoin we have still huge downside potential. Have fun watching!...

10:45

Edgy_

Hello dear LTC traders, hope you're doing well guys! ;) LTC/USD did hardly move after the break of the EQ, the reason is rather in the LTC/BTC chart, where we've broken down out of the 4H Bear Flag, and still have downside potential. I'm gonna show you in this tutorial how to reconise S&R zones with the LTC/BTC chart. Have fun watching! ;) If you had some...

11:05

Edgy_

Hello dear ETH traders, hope you're doing well guys! ;) ETH/USD saw a nice breakout out of the wedge, but in the direct correlation to grandpa Bitcoin we're hugely descending & right now at a crucial support. If the bulls cannot bounce off from here, we have huge downside potential. If you had some value from my analysis, give it a thumbs-up & comment it,...

15:26

Edgy_

Hello dear crypto friends, grandpa BTC perfectly broke out yesterday as we had been analysing over the last couple of trades. Since I'm personally in a position, I wanna explain to you how you would've had to play this setup. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis...

Edgy_ Updated 

Hello dear crypto friends! The break is now imminent with grandpa Bitcoin and is gonna come either today or the next few days. The market will decide, if we go the the previous tops, or at least the previous bottom region, which gives tremendous profit opportunity for breakout traders. The real question is: Do you even know how to play those setups? Do you e.g....

Edgy_

XRP/USD was inside a channel in our last weekend video analysis, but have a look guys: => We saw an unclear breakout in this case, and now, since the bulls have successfully bounced off from the bottom trendline, we can shift our view to horizontal again, and will see a potential inverse Head & Shoulders happening, with an Equilibrium on both 'shoulders':...

Edgy_

ETH perfectly broke the falling wedge from the last analysis: Now we have to see follow through on this 4H current Bull Flag. Therefore the ETH bulls are going to hope for the BTC bulls to join them (which BTC is right now trying). We're at a crucial zone in the direct correlation ETH/BTC, where the ETH bulls have to see a trend reversal, if they don't wanna...

Edgy_

LTC is currently extremely tight on the 4H and will probably follow grandpa BTC's break. In case of a bear break, I doubt that we will make halt at the $110 previous S&R zone, but instead go on to test 100 Dollar psychological. In case of a bull break we can easily reach previous S&R zone $133, or even the local highs at $144. In the direct correlation LTC/BTC...

Edgy_

Hello dear Turkish Lira traders & watchers, merhaba arkadaslar! Let's have a look at our last analysis: => We clearly didn't see any follow through on the potential Double Bottom, we broke the lows to the downside. Now what? As I had written and shown to you in the last analysis already, we now have a high potential for an Equilibrium on the Weekly chart:...

Edgy_

Hello dear precious metals traders, hope you're doing well guys! ;) In our last analysis I had written the following: => This is exactly what we're seeing currently on the 4H. This tightening will continue into the coming week, before we see a breakout out of this range. As I had written in the last analysis already, the top range is in the area of...

Edgy_

Hello dear crypto friends, imo EOS has currently the best setup in Cryptoland: We have a clear 4H descending pattern . We have now even tilted slightly to the upside at the bottom, which is always more bearish than bullish. What does it mean? If Bitcoin is going to break bearish, I'm definitely going to look towards playing EOS, simply because of the...

Edgy_

Hello dear crypto friends, the decision is coming for BTC: we're currently further tightening on the 4H and will see a breakout coming out of this EQ zone. If we zoom into the Hourly chart, we can see a slightly tilted upward bearish channel currently: => Both the lower & upper trendline are getting equally respected, so while the bear break is more likely,...

16:33

Edgy_

Hello dear XRP traders! ;) We're currently inside a downward channel & also at an important Daily & Weekly support zone, of which the break will highly depend on grandpa Bitcoin. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow...

Edgy_

Another candidate that I had looked at extensively with my mentee Richard today was EOS: we have a clear Descending Triangle on the 4H . If we look on the Daily , we can clearly see how crucial the current stage is: A downbreak would lead to 15-22% profit on the bearish side. A break to the upside will lead to the previous S&R zone of $6.7, giving at...