cheynos

cheynos

Hello everyone Just small idea today, let’s get straight in. In august we saw a bullish divergence pattern. (for those who don’t know: bullish divergence is when the chart is making lower lows, and the RSI is making higher lows. This is a very bullish pattern.). The pattern which is getting created right now does have a lot of similarities. We’ve already...

cheynos

Hello everyone Today just a small trade-idea. Normally I search for long term patterns. Today is different, I think that there is a very nice trading-opportunity for ETH, let’s get straight in. - The candles are attracted to this EMA Ribbon (all moving averages). If we get to far underneath or above this EMA-ribbon, we get attracted and go back to this levels...

cheynos

Hello everyone A lot of interesting stuff is going on for XMR, I think that the technical are ideal, this is a perfect opportunity to trade XMR (if you ask me), this is why! XMRUSD -So I was looking at this downwards trendline for quite some time (yellow), finally yesterday we’ve broke that very strong resistance line. This was resistance for over 5 months,...

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Hello everyone No major updates today, just a small thing that caught my eye. Let’s get straight in to this. -So we could see a potential cup and handle pattern in the next upcoming days. We’ve found resistance at the 7.1K area for a couple of hours now and I think that the volume is way too low and the bulls are too weak to break this level at the moment. We...

cheynos

Hello everyone Today we saw a nice green day for BTC, this indicators are telling us that we're going to continue going up! Let’s get straight in to the analysis! -So everyone was talking about the rising wedge that BTC was creating, now we broke that wedge at the upside (which surprised me a bit). I didn’t expect a break through at the upside because of the...

cheynos

Hello everyone Today an update on BTC price-action! Let’s get straight in to this! -Finally!!! I’m talking about it for more than 2 weeks, we’re finding higher lows on the daily and 4hourly chart. We’re finding higher highs and higher lows, which is a huge deal! We’re now between this support and resistance level for quite some time and it seems that price is...

cheynos

Hello everyone So it’s difficult to look at this chart and not cry. We can only feel sorry for those who went long on ETH the last 4 months. Nevertheless I don’t think this correction is over, what are the important things to look at. -We’ve broke every possible support-line we could. I personally thought that finally we could hold on to the huge support zone...

cheynos

Hello everyone Just a thing that caught my eye today, no major update. Let’s get straight in to this! So in April we saw a cup and handle pattern in the oversold part of the RSI, look what we’re creating in august! We are now at a very strong support level (275). We’re not going under that level if you ask me! If history repeats itself we could go up with 128%....

cheynos

Hello everyone So today an update XRP price-action. We’re going to have a look at the daily and 4HR chart, the XRPBTC chart and finish it off with the XRPUSDSHORTS chart, let’s get straight in to this! XRPUSD (D) -So if we have a look at the daily chart we can immediately see that we’re still locked in our downtrend since April. Because of the recent green days...

cheynos

Hello everyone Today I was looking at crypto market valuation and the coin that really stood out to me was XMR (Monero). We’re going to have a look at XMRUSD, XMRBTC and finish it off with the XMRUSDSHORTS chart. This is why XMR is interesting at the moment! XMRUSD -So here the same thing as the other coins: we’re creating new lows since the big bull-run in...

cheynos

Hello everyone Today a small update on EOS. We will start off with the EOSUSD chart, then proceed to EOSBTC and then have a look at EOSUSDSHORTS/LONGS. Let’s get straight in to this! EOS/USD -For me EOS won’t go much lower than recent price-levels, I think that we’re falling in to buy-zone. Buy-zone for me is between 3.5 and 4.5. I chose this levels because...

cheynos

Hello everyone Today I’m doing a small update on Ripple. We’re going to have a look at the daily and Hourly chart to start off, then the XRPBTC chard and we’re going to finish with the XRPUSDLONGS/SHORTS charts. Let’s get straight in to this! Daily -You don’t have to be a TA expert to see this blood bath in ripple, the scary thing is that we’re creating new...

cheynos

Hello everyone Today a big update on BTC price action. I will talk about the daily, 4hr, BTCUSDLONG, BTCUSDSHORT charts today. Could this be a potential trend reversal? Let’s get straight into this! BTCUSD (Daily) -So we can clearly see our downwards trendline, we are creating lower lows and lower highs, which is very bearish. -So I drew the most bearish...

cheynos

Hello everyone Today an update on ADA. We will have a look at some price-action (ADAUSD) and we will have a look at the ADABTC chart. Let’s get straight into this! ADAUSD -I always like to start with the support and resistance-lines. So we can see that we found some support at 0.10 few days in a row. This could be a great indicator of some reversal in this...

cheynos

Hello everyone Today an update on BTC-price action. We will have a look at the TA followed by my opinion on the fundamental news and how the market has reacted to current situation. TA On technical side of things, it doesn’t look to good, what are the important things to look at? -In June we saw a new low since the ATH, these lows are getting lower and the...

cheynos

Hello everyone I’m interested in ADA for a long time. Today I decided to make a big analysis and to share it with you guys, let me know what you guys think and if you would like such analysis on another coin. Let’s get straight in to this . ADA/USD So you don’t have to be a TA-expert to see that ADA price is very cheap at the moment. So what are the most...

cheynos

Today no major update, fundamentals still great, waiting on the ETF news and looking closely to the 6.8K level like everyone else. Will not write about how important that 6.8K level is because that’s clear now (everyone speaking about it). Today I would like to share some trades I’m going to make in the next days: -So I expect a small rally before the ETF...

cheynos

Today an update on 3 big players in cryptospace. I will talk about BTC, ETH and LTC, when will the alt-season start? This is my opinion… Not so much TA today, I would like to make a point on how I look at this markets using BTC as the main coin of comparison. BTCUSD: First of all I want to start with the most important one, BTC. So really nothing major has...