MateuszGrzelak

MateuszGrzelak Updated 

Before the May 15 market should decide on the direction and if the green support will continue to hold (as it historically did even pre 2014) or if the bear market is going to continue. If the price of 11k USD per BTC is exceeded before May 15 I would assume it to be a bull trend.

MateuszGrzelak

Few long and short term trends for XBT USD pair on Kraken Exchange

MateuszGrzelak Updated 

ZEC hit the resistance once again on BTC going ATH and is dropping short-term back to sub 0.05 levels, although after Bitcoin Gold fork I expect holders of that shitcoin to drop it for ZEC, the same as BCH. After that I expect ZEC going back to the mean 0.06 up to 0.07 and continuing in positive direction against BTC in the long term.

MateuszGrzelak

I suppose, that we can expect descending triangle breakout due to SEGWIT activation and see similar bull trend that LTC experienced after its SEGWIT was Activated with no clear ceiling on that, maybe 7-21k$. Unless of course network forks then 1700$ might be considered expensive, so stay tuned. I would strongly discourage people from keeping their BTC on exchanges...

MateuszGrzelak

If we break below 2150-2000 USD we are in the bear market, but if current uptrend support holds BTC is perfectly fine.

MateuszGrzelak

If Bitcoin reaches 1280 USD and is not going to correct soon, that in my opinion might indicate early stages of H&S pattern forming.

MateuszGrzelak Updated 

1. Golem is a very powerful investment, by buying it we basically inves into electricity and computing power. 2. Dev team performs incredibly well closing on golem brass. 3. Price is jumping from strong bottom support.

MateuszGrzelak Updated 

1. ZEC pumping (higher high) 2. Above two support lines, and broken bear trend. 3, TOP 9 coin in terms of volume (24h) almost the same as monero 4. Attractive for miners 5. One of the big names that provide innovation to blockchain tech BTC, ETH, XMR, ZEC

MateuszGrzelak Updated 

Short term down, then up. Middle term down. Long term up. No announcements, no news scenario.

MateuszGrzelak Updated 

Similar pattern as previous descending one.

MateuszGrzelak

Flag Pattern that is very likely to reverse current trend. I think we might expect a rise even up to 15$ level.

MateuszGrzelak Updated 

Bearish Flag Pattern spotted, it is very likely to break out any moment in the next 1-24h

MateuszGrzelak

Rising wedge formation - typical bearish pattern.

MateuszGrzelak Updated 

Looks like descending triangle to me, also BTC is losing against USDT, so it might be better to short XMR into $.

MateuszGrzelak

Looks like another breakout or not ?