Sometimes the timeframes really diverge: This is currently the case with BNB/USDT. If we look on the Daily chart , we will still see the important S&R zones that BNB is riding: But on the Weekly chart , the July $24 dip really dissapears as a wick: This leads to a very clear Bullish Falling Wedge , which, in the case of a bull break, could lead towards the...
If you break the chart down into its first principles, it is actually very easy to understand, it's not rocket science: We have what I call two and a half directions! ;) We can either go up, or down, or sideways (which will show us perfectly as patterns in the chart.) => EOS is, as I have stated many times, one of the best & clearest tradable pairs in...
The good news is: XRP is still upholding the summer lows of 2018 at 25 Cents , even though we dipped below when the stops got triggered last week. The bad news is: We haven't managed to bounce back and regain the crucial 30 cent zone yet . What was previous support, turned into resistance at 29 cents, which is why technical levels like S&R zones are so crucial...
Very similar to brothers BTC & ETH, LTC is currently inside a beautiful Equilibrium range & will see a breakout coming, highly depend on BTC's move. The ranges to the upside are very clear in LTC case, where we have clear previous S&R zones coming up. To the downside, we have the very interesting 60 Dollar range, where we had seen the 60% breakout in April...
ETH has a perfect Equilibrium ongoing on the 4H currently. On the Daily we will see a nice non-linear trendline keeping the lower Highs: Conclusion: ETH is descending just like grandpa Bitcoin. Break in either direction could see big follow-through. If you're interested in learning & appyling this knowledge as a real trader by yourself, just let me know!...
Hello dear crypto friends, hope you're doing well! ;) Much is going on with Edgy's services & my mentees currently, so I didn't have much time to post unfortunately. Big announcements are gonna come very soon. Bitcoin is currently in a Descending Triangle on the Daily, which will see a solid breakout coming. To the downside we have $9k psychological as...
Hello dear crypto friends, hope you're doing well guys! ;) Bitcoin had a pretty solid dump in the last couple of days, and therefore it is time for a Multi-Timeframe Analysis. You can support this post by likes & commenting if you get some value! ; Let's get is started off with the Hourly Chart : This is what I had posted in our Slack group just a couple of...
Hello dear XRP traders & HODLers, hope you're doing well. In this video I'm going to show you, how we talked about this major break dozens of times, and what you shouldn't do currently if you're a HODLer. 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....
Hello dear USD/TRY traders, merhaba arkadaslar! ;) The USD/TRY has arrived at the previous important S&R zone of 5.45-5.50. We should see a bounce going on from here, even if it's only short term. If not, previous lows at 5.15 will be activated. If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis...
Hello dear Forex friends and EUR/USD traders, hope you're doing well guys! ;) In my first EUR/USD analysis ever, I'm going to show you this nice Bull Flag currently, how we could further go on inside the micro downtrend, or for the case we break out bullish, which S&R levels to watch out for: Have fun watching! ;) If you had some value from my analysis, give...
Hello dear precious metals friends, hope you're doing well guys! ;) Gold has a perfect Bull Flag EQ range ongoing currently on the 4H chart. For the case we see a short break, we will have the previous highs of $1,450, now potentally turned into an S&R zone, or of course, we could look to build higher Lows even prior to that. For the case of a bullish breakout,...
Hello dear crypto friends, hope you're doing well guys! ;) BTC saw a perfect break out of the Equilibrium as we were analyzing on friday. I'm gonna walk you through what I had already posted in our Slack group live yesterday. And of course we're also gonna look at the current potential for further continuation or reversal given all the timeframes. Have fun...
Hello dear ETH traders, but esp. HODLers! As we had analyzed a few weeks ago, since the crucial break of the 0.025 BTC bottom, ETH is getting completely crushed towards grandpa Bitcoin in the direct correlation. This is true for all Alts currently, as the market is heading towards BTC dominance, despite ETH's major role for all ICOs. So we could at any...
XRP perfectly broke the bottom support, just like EOS as we had analyzed yesterday: Beware though: We have now arrived at the previous lows in the 29,5-28,5 region: A bounce could be expected here, esp. if Bitcoin breaks its current Equilibrium bullish: So if you played the breakout (as I did), you can definitely look towards taking partial profit, and even...
EOS perfectly broke yesterday's bottom analysis with 7% in-profit already: => We definitely still have downward potential, but we have to keep a close eye on the current BTC tightening EQ: => It will be very hard for the bears to continue in case of a bullish breakout with BTC. EOS has a high chance of staying neutral in that case. If BTC on the other hand...
Hello dear crypto friends, yesterday's analysis was spot on: We correctly analysed that we will further tighten, even with much less information than we currently have: => The break is now imminent, and will come in the next few hours/weekend. We got even tighter over yesterday. So what is the most probable breakout, given the current information? => We have...
From all the candidates that I'm looking at currently, BSV has the best shorting profit potential. We're currently upholding crucial $140 as bottom. If the bulls don't see a bounce going on from here, we will have the potential to break towards the previous lows, giving 20% profit potential. If you're realizing unnecessary losses still, if you wanna become...
XRP is currently at the bottom support of 30,5 Cents. Either we will bounce from that bottom towards the range highs of 32,5 (=> Mean-reverting trade), or we will break the bottom support towards 30 Cents psychological ( Breakout trade), and 28,5 as the last 'bastion' of the bulls. The direction will highly depend on what grandpa Bitcoin does now: For the...