LuckyTradez

LuckyTradez

Hello everyone We are looking at the daily Newscrypto chart. NWC has been in the descending channel for a long time. We can also see that the double top was formed and NWC it's way to test the resistance of the downtrend line. The resistance was finally broken when Newscrypto project announced its first of a kind staking event with KuCoin. So fundamentals are...

LuckyTradez

NWC has been underperforming for a while now and was in a downtrend channel for a while, however, since their announcement of the KuCoin event happening this friday, NWC managed to break the channel and 3 resistance levels. It stopped at the 0,02745 usd and it was rejected a couple of times. As you can see NWC formed a bullish flag which indicates that the...

LuckyTradez

Everyone is talking about XLM lately and they should be, big things are comming for this coin! Looking at the daily chart we can see that XLM formed a bull flag that already started a trend reversal, a green candle broke out of the "flag". I suggest waiting for the next daily candle to close above the flag and then going long. However, if XLM pumps it will go...

LuckyTradez

Bitcoin pushed to 8100 USD today which tells us bulls are in the action again. Look at the yellow line, we have gone past it, which means that now we are fully recovered from the "Corona dump". What will happen next? I think BTC will fall towards the support at 7413 USD. Why? The Americans are just waking up, not knowing about this pump. Will they FOMO (like my...

LuckyTradez Updated 

NWC has been trading in the downtrend for a while now. However today they announced a new event that requires people to buy NWC. They already did that once, look at what happened, I have marked it with a pink circle on your left. Take a look at the second marked pink circle. I'm guessing that the long green candle is aready a consequence of the event. If...

LuckyTradez

I did another ETH idea due to yesterday's pump. You can see that after the first push (1. pink circle), eth dropped bellow the strong support and then proceeded in the strong uptrend to the 196 USD. Now take a look at the second push (2. pink circle), I see a similarity in these two tops. Although the second top is higher than the first one, could we call this...

LuckyTradez

I have drawn some historical resistance and support lines. It seems that XTZ was slowly pacing up since the Corona dump. Especially lately as we can see that strong uptrend channel. Nevertheless, we came to the key point now, XTC is facing strong resistance and a confirmed uptrend line. Will it break? Hope so :D

LuckyTradez

Etheresum has broken it's strong resistance (now support) at 176 USD twice now. I believe the support level is strong enough that if ETH decides to retest it will bounce. We are still in the uptrend as seen from the blue uptrend line below and I feel that we will retest the downtrend line at 187 USD in the next days. Hope you are all staying safe from the Covid-19.

LuckyTradez

Hi I have drawn a pattern that, in my opinion, looks like a bullish pennant and I would say that currently, BTC is moving in the Buy area. Halving is in 44 days and would you take a look at that volume?? In my opinion, it can be compared to the end of the year 2017. (look at the yellow circles) I would say that we will hit target 1 by the end of this...

LuckyTradez Updated 

Wow NWC grew a lot today! As you can see I like drawing channels, can't help myself, but look at this chart! NWC has broken a quite a few resistance lines, can we hope for more? The trend line seems to be holding for now. If we reach target 3 we can officially say that this token has recovered from the whole Corona situation. I will keep an eye on this for a...

LuckyTradez

Hey traders. My first post here and still learning TA, be gentle. In my opinion, we are in an uptrend channel at the moment, however, we are slowly coming to the crucial point. If the candle closes below the orange trend line we will fall down to the purple support line. Hopefully, the candle does not close below the trend line and we stay in the channel. My...