TomProTrader

TomProTrader

Bitcoin moved up exactly as we predicted in my previous analysis (See related ideas for more information), so now it is time to analyze the other high market cap cryptocurrencies Litecoin and Ethereum to get an idea of market sentiment! In this analysis we are going to be analyzing Litecoin. Swiftly moving on, let's analyze Litecoin on the 8 hour chart. At...

TomProTrader Updated 

A follow up analysis of Bitcoin! Price is moving perfectly with our previous Bitcoin analysis, and we are waiting for the upside target to be achieved. In our previous analysis, we predicted the upside move will begin, and then it did! Now we've perfectly gaged the beginning of the up move, I am going to look for entry levels to either add to a long position, or...

TomProTrader

Ethereum is moving very well since bouncing at a compelling horizontal support zone between 500 and 469. Price has moved perfectly in accordance with my previous analysis so far (See related ideas below for more details of this), and I am expecting positive results to continue as per my previous analysis! Swiftly moving on, when analyzing Ethereum, it is clear...

TomProTrader Updated 

In my previous analysis I predicted an upside move from a horizontal support zone (between 6300 and 6210) which did happen, however we did fail to hit the top resistance zone target. After the small move up, it appears momentum has been lost, and price is once again falling back towards the horizontal support zone mentioned. I need to see price bounce on the...

TomProTrader Updated 

Another follow up analysis of Ethereum! Price is moving perfectly with our previous Ethereum analysis! In our previous analysis, we predicted a support level where price could bounce bounce for a buy, then we predicted levels where price would go to! So we have perfectly predicted Ethereum's movement so far. Now we've perfectly gaged the down move, I am looking...

TomProTrader Updated 

I hope you're all having a good weekend! Follow up analysis motivated by Bitcoin's crucial move last night where we visited a horizontal support zone between 6300 and 6220. In my previous analysis I was predicting a potential buy opportunity where the horizontal support zone and side-wards support zone converged between 6510 and 6470. I also stated that if we...

TomProTrader

Everyone has been very focussed on Bitcoin lately, we need to also pay attention to other high market cap coins so that we have a deeper understanding of the entire cryptocurrency market. Litecoin is currently trading in what appears to be a flag structure. Price us currently under a strong side-wards resistance at 0.01490, and this level also coincides with the...

TomProTrader Updated 

Back with another analysis of Bitcoin! If you guys remember my last analysis, I outlined 2 support zones where Bitcoin could bounce, and we're currently bouncing at one of these levels! Price is trading at a nice level at present, so it's time to go to a smaller timeframe and look for the buy opportunity! I took a short term buy yesterday with my VIP group...

TomProTrader Updated 

With Cryptocurrency showing signs of recovery, we can start to look at other Cryptocurrencies that are at key technical levels that might be ideal for a buy opportunity. Due to volatile market conditions, I am only seeking buy opportunities in Cryptocurrencies with a high market cap as they tend to be less volatile and have more trend structure than lower volume...

TomProTrader

Another follow up analysis of Bitcoin! Price is moving perfectly with our previous Bitcoin analysis! In our previous analysis, we predicted the bearish flag was about to happen, then we predicted support levels where the buy could take place! So we have perfectly predicted Bitcoin's movement! Now we've perfectly gaged the down move, I have zoomed out to the daily...

TomProTrader

This is a follow on analysis from my previous ETH/USD analysis, which is going perfectly to plan! Well done to everyone following me, we have been predicting Ethereum's every move perfectly and avoiding any losses! Let's analyze ETH/USD and use simple facts to make this analysis. Ethereum is moving perfectly in accordance to our previous analysis. We are nearing...

TomProTrader Updated 

This is a follow on analysis from my previous BTC/USD analysis, which went perfectly to plan! Well done to everyone following me, we are predicting Bitcoin's every move perfectly and avoiding all losses! Let's analyze BTC/USD and use simple facts to make this analysis. Bitcoin is moving perfectly in accordance with my previous analysis, now it's time to be...

TomProTrader

This is a follow on analysis from my previous ETH/USD analysis, which went perfectly to plan (See related ideas below for more information) When analyzing ETH/USD on the 8 hour chart, it is clear price hit side-wards resistance, and has broken down since. It was clear we would have downwards movement from this zone. Price is trading lower, and could retest...

TomProTrader Updated 

What's up traders, I hope you're all having a good trading week so far. Let's get straight into it! Ethereum is trading right on a side-wards resistance structure at 606, and has been trading at this level since 3rd June. Price is trading upwards along a side-wards support line, which has now converged into the side-wards resistance line. Price is at a juncture,...

TomProTrader Updated 

Let's analyse BTC/USD and use simple facts to make this analysis. Price reached the resistance zone formed by the downtrend at 7770. We will have a downwards price reversal from this zone. Current levels can be looked at for developing further downward movement. Price is trading right at the side-wards support level and looks like it is about to break below the...

TomProTrader

What's up traders, I hope you're all having a wonderful weekend. Bitcoin has been dramatic lately - and hasn't been much fun for anyone who doesn't understand how Cryptocurrency works. Please make sure you have trading experience, trading knowledge, and a good trading strategy with already establish rules before trading! I get around 15-20 messages a week to my...

TomProTrader

What's up traders, I hope you're all having a wonderful weekend. Let's analyze ETH/USD on the 1D chart Ethereum is falling at a side-wards resistance line on the daily chart at 625 level. Price is also under 20 moving average resistance simultaneously. The averages are still separated suggesting the trend is still down, so we need to be mindful of this before...

TomProTrader Updated 

What's up traders, I hope you're all having good start to the trading week! Let's analyze LTC/USD on the 1D chart Litecoin has been dramatic lately - and hasn't been much fun for anyone who doesn't understand how Cryptocurrency works. Please make sure you have trading experience, trading knowledge, and a good trading strategy with already establish rules before...