BTC is about to break out. With high probability the bottom has been tested and we have clear way up ahead. First target is 45k. We are ready for upside.
From technical perspective once SKL break the flag we should be getting into bull run with SKL. Furthermore expecting bull run of more than 6X for SKL from fundamental perspective.
Having a careful long position on ONE. It could break to new ATH numbers and we could see in short term around 2X gains. Seems to be also in long term fundamentally great project and competitive with Polkadot and ETH while still far behind them in terms of marketcap. Taking a leveraged long on this one and also planning on buying some for long hold. Just an idea....
HBAR chart looks currently like good opportunity for buy in with Dollar Cost Averaging (DCA) model. There is room for downside relatively little around 20% incase the market stays weak but upside potential of 200% in near term given that the market keeps gaining strength. HBAR is a longer term and in our view should belong where XRP is currently on top coin list....
Looking at the RSI and MACD valued for longer time frame charts we can see that there is still room for BTC to go more down. However the longer we keep going on this down momentum the stronger btc becomes. The bounce back will most likely be hard and fast. Meanwhile as the bitcoin has been in dip institutions seem to be buying more bitcoin all the time. Grayscale...
So yesterday I gave short signal for BTC in the evening time. I spotted potential head and shoulder formation combined with RSI numbers not adding up into the up movement. I also warned about head and shoulder formation as these are often manipulation and easily also read wrongly and assumed. But now it seems to follow the head and shoulder pattern and also see my...
BTC is forming currently forming upwards poniting triangle which is Bearish sign. If it follows this triangle it could indicate even rise to the above 40k level before massive drop. BTC is also forming head and shoulder. Currently the head is on the making and if followed would indicate big drop to around 33k followed by increase to 36k levels after which we could...
We took a nice profit on BAT when the bear tunnel temporarily broke into consolidation. We had a limit order on BAT with 10X leverage on 0,205 and sold on 0.24. Now the BAT is forming a bearish signal and as BTC is also looking bearish we could see a drop in BAT price to 0.17 to 0.18 levels. Currently 0.18 looks like lucrative limit order price. First limit order...
Made a notion when zooming the bitcoin chart today that in this bull cycle anytime btc has hit RSI30 or below we have done enormous up peaks. Well now in the latest correction we hit RSI30. Last time it happened September last year. Back then we went from 9k price level to all the way to 65k. Now it's interesting to follow if RSI closes above 50. Would expect...
Good indicator for the price of exchange token is the volume of the exchange. It is the trust and also part of the revenue flow into the token. Pancakeswap has volume 200M more than Uniswap. Pancakeswap is just all the time increasing the popularity since the fees on ETH network has made it impossible for majority of users to trade on Uniswap. Yet Cake the...
Seems like LTC is breaking out from the downward tunnel. After breaking the minor resistance ahead there are couple of resistance lines holding it. As the alt season is starting it seems prominent that LTC could break both those resistance lines to test new ATH at 460USD. This is based on the earlier waves. All it requires the volume to kick in and we can go up...
Looking at the longer 1D timeframe and comparing the charts it looks like BTC could be heading to test 33k. That would also be the 50% correction many of us in the trading circle has been estimating. Should it do that, we could get on a sharp bull and reach near 100k within month from that. In this bull run we haven touched EMA200 like we did on the 2017 - 2018...
BTC has been seeing resistance around the EMA20 trend line. Unable to breach it and anytime it has breached it, shortly after it has gone under. However the up and down movement seems to follow pattern which if holds could signal major up movement on 18 or 19 of January. However the other signal shows major down turn on the 13.1 evening or 14.1 morning which if...