head and shoulder complete and neckline is clear. within my target position price range for a likely 30% grow. aligned with dema20day.
was at bottom of BB26day. i guess downtrend is reall as bull vol is still lack altough they showup of an on. but no institutional buying bot likely bots. rsi just above 30 on 4h. ready steady go...
cookie jar for btc/usd-weekly chart.
put up this chart to have a different view using percentage instead of price and using log to scale instead of auto scale.
the trend seen in both percentage and log scale view is apparently used mainly by position traders and swing traders.
in log view, rsi and macd indicators are disabled since am not paying.:) so will...
RSI below40. MACD crossed. EMA has a steady decline..indicators showing positive signs/probability for comfortable entry point...targeting 30% growth looks possible and real. stop loss at ~5% of final buy price. just short of support line at 0.0039x eth.
ICON is no stranger with strong presence in japan. health services still a booming market and simply love their...
btc saw top of 5k briefly before rebounding as expected. pre i think news of dow shedding 600+, btc and most other cryptos continued to shed prices following bear runs. bulls hardly even tried.
going to be trying hours ahead(the us banking senate brief) and hours ahead(asia wakesup and reacts to us banking senate brief)....
this chart becomes distantly, but real...
just passing the 15Jan lowprice and there is simply no buy vol in sight. bears seems to be on a march unless the bulls putup resistance. will be at 700 ranges for now...matter of time before bulls take positions taking advantage of bearish sentiments. next day or two will give more insights..
what about gold klse nyse nasdac dow cde cme
my guess, btc will hold for the long run, among couple of others like eth.... the journey isnt going to be honkydory always. still anticipating and looking out to position right for a nice short-mid term profits. the squeeze has been on for few days from the daily chart. direction is immediately obvious. trading is slow. expected and even saw bots buying off...
a painfull but necessary rule of crypto prices is that taking plunges to new lows, and its common. but...it is always followed by mooning to new heights. i think i saw it here.
believe crypto community will launch new pr to cushion and educate/train public perception. educating the public on risks and the management of it in cryptocurrencies will mushroom, and...
look promising actually after the short 7k range. just back to earlier resistance at 8k range. bulls might take advantage of low value but cautiously as bears will take advantage of their positions. should i get you ask. i have no clue. down trend cannot be forgotten. got my eyes on you..
pains me to see btc chart today. the squeeze to 8k mark is apparent from weekly, daily and 4 and2 hr charts.
bears are clearly ruling, not often buls are seen and if,that too with little volume. the RSI for 50day is somewhat flattening off on the lower side. any chance for convergeance missed on daily on daily DMAC, giving more credence to lower lows in coming...
forking from higher average price just before xmas to highest average fork, trend continue be upward.
from chart, eth has found support near the bottom trendline twice in jan, which makes positioning a stop loss just below this level a logical choice. If breaks above the resistance of the center line, the target will then change to the top line and the center line...
time on someones thought on reddcoin. did look at reddcoin months back. targetting 100-300% in a q is not far fetched if interest in reddcoin project continues. that is if my btc target makes out. btc simply exemplifies crypto market movement.
nice dip is nearing. my faith in btc is renewed. its overly sold gold standard hype is coming to mature its proven decentralized blockchain tech in its real sense despite its obvious technical pitfalls. hype around bitcoin is not wavering although there is a air of apprehension in the market. market cap seems to being on long upward trend despite recent "crashes"...
NEM is latest in crypto getting hacked, last big one was ETH. ETH forked and released back, waiting if NEM will do the same. This technically proves again that BTC is still the wildcard and true to its decentralized blockchain technology and will remain so for a long time. Regardless of its technical shortfalls, BTC remains the "gold" currency in crypto world....
