Cross rate has touched an important point. I wrote MOB (Make or Break), a strong support has been reached, a strong rebound is expected. Try long position with stop loss under the blu trendline. Stochastic oscillator is very low (point A), but MACD and volatility don't confirm the scenario.
As yoy can see cross rate is pointing to the violet ascending line. This is part of the channel starting from 2017, august 29th. The same channell was tested in august 2018 and january 2019. Buying zone is approx in 1,17/1,18 area. Happy Trading.
Dax index seems have reached head and shoulder pattern, target area is between horizontal red line, approx 10200/10300 point of index. If you look at MACD indicator point A and B marked in red are approximatively at the same level. A rebound may happen, we are at the same MACD position since February 16th, 2016 where dax reached a significant low. So, Price have...
I describe a possible bottom in ETHUSD cross, this is pointed out on weekly chart where L1 is the first bottom and L2 could be the second one. There is another piece of information on that chart, the negative divergence on RSI indicator that underlined the top of ETH in the week ending 2018-01-01. In daily you can see a double Low in RSI indicator that could...
Good evening as I supposed last time we reached the first target for rebound in 8300 usd area. Now there are many resistances in the path. First of all Stochastic of RSi is crossing signal line and Btc is in contact with 50 period MA (first important resistance). On the other end RSI has broken its negative trendline indicating a buying signal on BTC. I say to pay...
Dear friend, perhaps I am in love with this coin mainly because is one of the first coin I bought but something is happening. Nothing important but rebound has started. As you can see I draw two triangle and the time is ripe for accumulating some position on this coin. The first top was in 1000 usd area while the second reached 1200 usd. Next long time target is...
It seems that BTC can Keep this level of price, since 2017/12/17 is the first time that price is "stable" and ranging around 6500/7400 usd. Price could have formed a small double bottom with target in 8300 usd area. It is very difficult make a close prediction at this time because trend is bearish but negative pressure is decreasing so could be the moment for a...
Good evening, I leaved you last time with a double top on BTC with target 700 USd , that target was reached, and what now? Price is in contact with green trend line drawn between 2017/07/16 and 2017/09/15, retested in 2018/02/06. Time between 2017/07/16 and 2017/09/15 is approx 90 days while top was touched 2017/12/17, time is overlapping recent minimum 90 days...
Good evening, ETH is touching the dotted dynamic blu line passing through A, B, C, D points marked in red. I draw dotted vertical line on points C and D where Macd could make a double bottom. If this happens and 200 period MA keep the price we could rise and current price becomes an important bottom where ETH can rebound consistently. Below this price, ETH could...
As you can see BTC face 50 period MA and at this time hasn't strenght for break this MA so price seems to have formed a simple double top. The measure of this double top is calculated between the arrow marked on the graph and the amount is 2474 points. If you subctract this value to the neck line of this double top you reach 7000 usd area where pass the green line...
As you can see bearish strenght is decreasing as far as time is passing through. On RSI indicator is forming a slightly bullish signal with higher low between point A and point B marked on indicator. Macd is probably crossing in positive territor and FIBO level .786 (price 176 usd) is doing his dirty job as support price. Now LTC is facing 50 period moving...
Good evening everybody, could it be time to buy bitcoin? At present time situation is similar to year 2015 when market collapsed at the beginning of year and recover since the end of february. That year BTC made a top at the end of may. Time could be ripe for a big recover of BTC with ambitious target e.g. 18000. BTC has to break the 50 period MA, the negative...
Simply Gann square of price min at 5498 and top at 19857. Various Gann trend Line levels captured the BTC price and when broken from top BTC went down to the lower trend line able to stop downside pressure for a period. What to say now !! Various indicators as RSI and MFI are bottoming and stay under negative trendline designed on the graph, so in my opinion...
Fynally I have the opportunity to spend some words about Gbyte, I bought this coin for the first time in May 2017. Gbyte reached an important price in July 2017 (0.388 BTC). From that moment that coin was neglected by everybody and the exchanges sold the coin mercilessly. Probabily too many airdrop and too many coin in the wrong hands (exchanges). Since november...
BTC is doing higher low as you can see on the picture. If you square the price range (Gann square) from min to max you can see that BTC has touched three times 1x1 and the price has rosen each time confirming that up-trend is still intact. As you can see there is a positive divergence on RSI indicator too (from the min touched in september 2017). This picture is...
LTC seems to draw a perfect triangle with ambitious target, the idea is supported by a little positive divergence noticed on the indicators on daily chart, blue arrows are dwawn to understand the origin of the divergence. I found the same figure on other exchange like kraken, coinbase, bitstamp. The reliability of this pattern is strong enough to try a buy. Stop...
Possible bottom, last trend line starting 2017-11-12 hitting chandle min 2017-12-22 may contain negative pressure on BTC, weekly and monthly chart show a clear positive trend. For this reason selling pressure is decreasing and up trend could start again, next obstacle is negative blue trendline descending from top. RSI indicator may bottoming and sthocastic...
Critical moment for BTC, if the blue line is crossed the coin may fall down, viceversa if the blu line is not crossed BTC may rise to higher price.