If history repeats itself on the charts, then it's worthwhile to examine the 2017 bull run and its dips, so we can have a strategy for buying the dips. So far since breaking the $20k USD mark, we have not seen any significant retracements. It will come, it's just a matter of time. If we examine the bull run in 2017, you can see the the dips range from 30% to...
BTC seems to be forming a huge upward channel. This is more evident on the weekly charts. If this is correct, then we are currently testing the upper bands. Will price be able to break through the channel? or will it go down? There are two possible scenarios if a channel is true. Scenario A - we consolidate a bit and pierce through the upper channel bands,...
BTC has burst out of a huge channel creating a super bullish signal, and price now flaunts the 30k mark. I think price might possibly retrace a little before making new heights.
SNX coin looking very bullish. It has recently broken historical resistance, and how safely has its head above water. Looks like a possible nice long climb will ensue.
Uniswap looks like it is consolidating nicely within a box, a break of resistance can see prices quickly reach $5.5 as a first stop.
Since Jan 2018, XRP has been in a downward price correction and consolidation. It's taken 3 years to fullly correct the price, and now XRP have exploded out of a downward trend, signalling a trend reversal. Price bottomed out in March, testing previous lows, and had taken off since then showing clear higher highs and higher lows. Higher highs and higher lows...
Some very bearish news came out which caused a nose-dive on the charts. Since then XRP has found support on a rising trend line, and has bounced with considerable volume. Let's hope momentum holds and we can be taken back to 0.5
The Bitcoin chart has been a pleasure to read as a chartist over the years. Very clear formations have been made, giving the chartist clear price movements. Currently, BTC seems to be in a possible upward channel and had just found and bounced off support. We are likely to see more bullish coming ahead as long as we stay within this newly formed channel.
Buy on break of resistance. On balance volume is solid and building.
MAQ is consolidating after a bull run. On balance volume is solid and building. Buy on the break of resistance.
VEN is forming ascending triangle with higher lows. Buy opportunity at break of resistance. On balance volume is building up.
This is a trade setup for those wanting to get into IOTA. We are currently having a minor retracement. Wait for it to pull back to either one of the green zones at the proposed time and enter into the market on confirmed price action. Update to follow.
Hi all, Now is the time to take your profits (if you had bought in from the last bounce or even prior). We have tested resistance zone at 11,700 and price has resisted. There is still the possibility of it breaking through but it wouldn't be worth the risk. If a reversal were to happen, price might fall to the nearest major fib support - 9348. This might create...
ETH/USD uptrend pullback has tested and hit the first Fibonacci cluster as major support. It has also tested the second Fibonacci cluster as second major support. Both have not been penetrated. A bounce back will occur at either one of these zones. Use price action to enter market. Take profit at 520.
These are the Fibonacci clusters as major supports. The first has already been tested and has bounced back. Question will be will be penetrate and go down to 8k zone. The market is extremely volatile so exit and enter with care.