A ascending triangle is a bullish pattern. To make this triangle more valid i would like to see rejection at 5950$ If this were to happen we can get a third touch of the bottom trendline which will be a good place to open long.
With everything going on with the virus i think its more likely we will go down. What do you think? let me know it the comments.
We saw a 55% impulse in 1 day after hitting the 300ma on the low we made few days ago (3800$). Now we closed below the 200ma on the weekly which will give us more downward pressure. 3320$ ( 350ma in orange ) and 2970$ ( 400ma in green ) are likely to create another big impulse. Together with this trendline and 3k historical level this is your best place to...
Hello guys, Ethereum classic is well supported here on the daily timeframe. Reasons to open long at 9$ ; -Cloud support -50ma support -trendline support Key level to break is 13$ Trading this coin is high risk because its highly volatile, the above mentioned entry price will only be valid for today 19/02/2020.
Hello guys, Xrp formed a golden cross today on daily. Reasons to buy : -golden cross -200ma support -50ma support -0,236 retracement from June 2019 high -trendline support Buy xrp for 0,255
Reasons to short: -Downward channel -50ma resistance -Previous support trendline now resistance -Top of downward channel -1HR cloud
Link/usdt has formed a rising wedge on the 1hr timeframe. Because of this we will short the top of the wedge. Target will be mature trendline drawn from july last year. We can long on this retest of trendline (resistance turn into support). Trendline Cup on daily timeframe Thumbs up are very much appreciated, thanks!
Buy at 7760 Reasons to buy ; Support from trendline. Support from 50ma on 4hr chart. Monthly support level of 7750$.
Hey guys, Xrp had a nice rise in price recently. Now there is a nice pattern forming, the inverted head & shoulders. Price of left shoulder is 20cents which is historical support. Together with 0,5 retracement and the 50ma close to this level it is a good entry point where right shoulder can be formed. Neckline is 0.233 which is also monthly resistance so it is...
ALOT of buy order around 7.8k levels. Entry 7835 S/L 7718 T/P 8385
Hey guys, Rsi is nearly in oversold territory. Good entry point is 70 satoshi. You can also just buy on vet/usd trading pair when price of 70 satoshis gets reached, its about 0,0049usd. First target is 80 satoshi. If we break neckline of Head and shoulders second target is 98 satoshi.
Hey guys, first of all i wanna wish all of you a happy christmas! Now lets get to the analysis. Vet is making a rising wedge formation which is bearish but we can trade in this channel. Reasons to buy : -support from 50MA. -Support from Ichimoku cloud. -Bottom of the wedge formation. I do wanna mention this is the 1hr timeline so first 2 mentioned reasons...
Vet recieved a nice pump in price today because of some good news that came out. Now we can buy pullback of vet although the rsi is in overbought territory. Reasons to buy are; -Historical support level of 0.0058 -Top of previous channel -MA100 Btc price action also affects the altcoins as we all know, so whats up with btc at the moment? Btc bounced of its...
Entry price 0.005325 T/P 0.00572 7,5% S/L 0.005246 -1,4%
Vet is in downward channel. Rsi is in oversold territory. Accurate entry prices are 0047 and 00442.
Hello guys, Head and shoulders pattern happend as predicted and target of last trade has been hit. Now this H&S is telling us price will go lower. We can make entry at 0.005. T/P 1 = 0.0055 T/P 2 = 0.00575 Previous idea
Entry price = 0.0485 T/P 1 = 0.0541 T/P 2 = 0.0570 T/P 3 = 0.0605 S/L = 0.046
Hello guys, Rsi is nearly oversold on 4hr timeframe, because of this we will be making entry at 0058. Bounce from this level is likely, and if so it will form 2 patterns. -Bearish triangle -Head and shoulders (also bearish in this case) Target is 00665. (14%...