I've used: www.turtlebc.com for this analysis, and followed every wave of buy percentage that passed 50% and marked in on the chart with an arrow, you can clearly see it was always followed by a bullish trend. Good luck :)
Looks like we're going to 20.5 ETC/USD, which would be a very good place to open a long position. :)
If the 30min candle closes below 23 USD, It seems like a good shorting opportunity till the .32 fib retracement.
BITCOIN: Technical Analysis: I think Bitcoin is in a falling wedge today, and that's how I'm going to trade it (short), all the way to the support zone (10300-ish). Then I will look if it breaks this support, or not. If the support holds I'm long till 10800-ish zone. #DYOR
First of all, I should start by saying I own a great portion of Request Network Tokens. What is Request Network? A decentralized network built on top of Ethereum, which allows anyone, anywhere to request a payment. The request can be detected and paid in a secure way, without the need to involve a third party. The request is saved on an immutable,...
Bitcoin: COINBASE:BTCUSD has being crushing predictions and blowing up, literally. Where are we going? I'll take a look at my crystal ball . Obviously, no one really knows, now more than ever, which will bring up to volatility even more. Keep that in mind when placing stop losses . Bitcoin won't reach the 2020 prediction in a home run. The way it's growing...
Update: Similarly to COINBASE:LTCUSD , I think COINBASE:ETHUSD is forming the typical ABC correction wave, now forming point B. Wouldn't buy in before it crosses 0.618 fib level (445 USD/ETH). I have a strong feeling this will be a resistance before going to point C in 410-400 USD/ETH. Check out the original post. #ThisIsNotFinancialAdvice.
LITECOIN : Litecoin has known a serious uptrend, and I don't think it ended just yet. COINBASE:LTCUSD even made a new all time high on 29 november. My belief is that new money is coming in through coinbase, because of their very user-friendly interface, this new money came in because of the COINBASE:BTCUSD hitting 10K news, quickly accelerating the FOMO,...
ETHEREUM : What a ride. The last couple of days we've seen tremendous volatility, loads of panic selling, and (almost BITTREX:DASHUSD ) everything was bleeding. Now, after rain comes sunshine and after pain comes ease . It doesn't always have to be hard : COINBASE:ETHUSD has corrected lower than the 0.618 and almost hit the 0.382, which is a very good sign....
If it breaks the golden retranchement of 61.8% we have a confirmed global trend reversal for Litecoin.
I think the litecoin trend is pretty obvious for day trading right now, use this to your advantage.
I'm buying if litecoin surpasses 63 dollar; Graph should explain + based on previous trends.
I'm very certain, this channel will continue, and break out eventually. What are your thoughts? LTC/USD
How I'm currently looking at litecoin