Hi crypto community, looking on the daily chart of EOSUSD pair, we see no got signs in the big picture at all. We falled down from the support at 17 USD with high momentum and high volume. This is a huge factor witch cant be ignored! We do not see much bull momentum here at all, witch in my opinion is a sign that we could fall more now, some people thought that...
Hello Crypto Community, we have a bullish coin in our crypto community with huge potential the next days. In the past hours Zcash crossed the 200 EMA, witch is a great bullish sign, we can see more upside potential here for this coin. The first target is the 161.8 % extension mark at around 420 USD. Happy trading
Hi friends, looking at the 4-hour chart we see BTC heavily falling down several support level for the past hours. We have to watch out now if we can get support at 7800 or 7200 when we fall under this levels it wouldnt be good at all and we could enter a bear-market again. At all we can say 2018 isnt a bull year.. We had the heavy bull-run last year and whats...
EOS, breaked to the downside like other cryptocurrrencies. Looking at the 4-hour chart we see EOS flipping down and its really fast now. We may have support at 61.8 % retracement (13.50 USD) We formed a symmetrical triangle, symmetrical triangles can break up or down! It can be a continuation formation or an trend reversal formation. This one breaked down. Like...
Hi, looking at the 4-hour chart we can see that EOS is forming a symmetrical triangle the last days after the breakdown of the previous uptrend. This is an continuation pattern of the previous uptrend, that means EOS will move higher! First target is the 20 - 21 range. For people who didnt bought and think of buying some is this a good moment now, I do not think...
Hello, looking at the 4-hour chart we see volume getting lower now after the big run up from the bottom. Could this be a bull trap? We are moving slowly to test the resistance above us. When it gets rejected there and we fall down the potential is given that we form a double top. When we fall under the lower pink trendline, the double top would be confirmed! We...
Hi friends, in my last posts i called the head & shoulders pattern forming in BTC and that we have a bounce from the right shoulder. This happened right now, BTC nee to confirm above the head to form a new high otherwise it will be rejected at resistance above us. Happy trading!
Hi people, on the chart we see a Head & shoulders forming in the 4-hour time frame. I am not a really fan of that pattern but in the small term we have true signals for it. We have a resistance above us now at 8200 witch could form the right shoulder from there, under us we see again the 7950 level as support, from that level we could have a bounce up to test...
Hi people, we had the correction now and BTC found support at the end of the right shoulder. We are moving slightly now and have to see if we can break resistance above us. Happy trading!
Hi people, we are in a critical zone for BTC the next days. It is the important 200-day EMA resistance. As you can see on my trend analysis, BTC is slowly touching this level above. This level is so important, that we have to see a strong upmove across the 200-day EMA line to move higher, otherwise we could have a pull back from that level witch will bring us...
Hi, we are on the resistance right now in XRP (ripple). Above us the 200 EMA in blue witch is resistance right now. XRP is forming a bull-flag witch could break to the upside. We have to see. We need a strong move to come higher. Otherwise we are going to set a next bear move. You see the resistance line in blue on my chart and also the 200 blue EMA is resistance.
Massive ascending wedge forming on GOLD Target is around 1500 - 1600
Hi people, the next stop for ETH is the 161.8 extension at 630. We have to see what price does from there, if we move higher or have an correction. Good luck trading everybody!