TotoParasca

TotoParasca

For how long will BTC continue to drop? is the new ETF going to get accepted?

TotoParasca Updated 

LTCUSD is closing to the lower trend-line on a downwards trend. In this regard, LTC should bounce back up to test the resistance of the trend. However, due to the current movements of BTC and other Altcoins, the risk involved in going long on this pair now is rather high, thanks to the uncertainty created by the news. For the moment this is what the technical...

TotoParasca Updated 

Monero is on a downwards trend for the moment, however a reversal is just around the corner based on TA. Also, Fibonacci retracement shows a perfect match in the past, showing that the swings between the 2 support and resistance lines were indeed a valid trend. For the moment, XMR is testing the support, if it breaks it, it might continue to go down, but it wont...

TotoParasca Updated 

Bitcoin Cash looks like it will bounce back to the upper trend-line to test it again. However, this move will see an increase by over 20%, while at the moment all altcoins incl BTC are low and looks like they go even lower. Let me know if you think BCH is strong enough to do it?

TotoParasca Updated 

Bitcoin looks like is about to fall even more in the following days, mainly due to the refusal of ETF and lack of positive news and volume overall. According to UBS Bitcoin is very price sensitive and not market driven, but speculative. This shows that BTC is mostly used to exchange between other Altcoins rather than real life usage. This kind of news is getting...

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As all the Altcoins are heading down, the questions is how low and when will they make a reversal. Looking at the TA looks like ETH is going for a dive as it bloke all supports and trendlines. - TotoCapital Analysis

TotoParasca Updated 

Here an outlook over some patterns that are very common in trading. Some may not be as visible in real time trading, but after some time you will get used to see them right away. Let me know if you like them or if I should add more

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Here are 2 very common example of how to analyse the graphs and predict the future movements of the price. Many times the big moves happen thanks to new, but no matter what they respect the graphs. Second graph is very interesting as you will be able to find it in both BTCUSD and EURUSD, signalling that the pairs are analysed and traded by the same people. These...

TotoParasca Updated 

EU to cross the support of the trendline and head down, but a reversal is expected soon as well

TotoParasca Updated 

GBPJPY has hit the trendline and now is looking for a bounce back up. It will most likely hit the upper line of the trendline then decide if it will break it or get back down to test the support again.

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Monero broke the support and continues south for good now. We shall see if it will bounce back any soon, but for the moment it looks gray. Let me know what you think of it?

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UJ is touching the trendline and its up to decide if it will cross downwards or bounce back up. According to TA looks like a reversal and maybe after a push through.

TotoParasca Updated 

Stellar is very close to the lower trend-line formed by the two all time lows (very strong). In this regard it will be the first attempt to break it down considering the 2 points as supporting, therefore a cross now its very unlikely and another wave bounce to the high trend-line is more probable. Also, NEWS are in favour of XLM, analysts from IBM confirmed the...

TotoParasca Updated 

EOSUSD is closing a deciding are where it will either continue the down trend or bounce back up. The ket support and resistance are in line for the moment, however the yellow trend can be broken at the 4th attempt just like the previous uptrend. It will be interesting to see EOS shoot up for a few hundreds of pips then it probably reverse back and head down the...

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ADA looks like its going through the path of continuing to fall as it crossed 2 support lines and touched them shortly after. Unlike BTC, BCH or ETH there its more likely to see another fall until a reversal. Let me know if you think ADA is different to other altcoins

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GBP looks very interesting when looking at it from the Brexit time. There are 6 periods, each setting the low and the high until the next one. Moreover, these periods come almost after the same period of time. What it amazing though is that looks like the final period is exactly on the official Exit date 29/03/2019, which means that if the trend continues there...

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EUR is losing ground to USD in the wake of Trump's Administration directives and ban on some EU Zone industries. If the nationalism protectionism rhetoric and actions continue, it can be a possibility to see another low, however some response actions on US from European Union in economic terms can trigger the up swing. Let me know what you think of it, will the...

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Stellar has tested successfully the Support from May 2018 and bounced back up. Give the downwards trend of all Cryptos including BTC, it is likely to see another test of the line and maybe a breakthrough. However, Cryptos are very dependent on news, therefore any good news may take over the normal course of the Trend Analysis and bounce up again. Moreover, the...