diegovelasques

diegovelasques

Bitcoin maybe going to the fourth parabolic advance, the halvings are marked in the blue arrow, this logarithmic chart could take us to $300.000 per Bitcoin. We need to see the breakout from this triangle as first sign of the parabolic advance. This is a long long term chart analysis so we need much more information on the way as the chart plays out.

diegovelasques

Bitcoin just set a 12HR higher low compared to $8400 in the 12 HR timeframe, now we will search for a lower high compared to $9200. This pattern should straight up for a few days until we see a clear breakout. Some alt coins lost the 12 HR support, Bitcoin dominance is grinding up.

diegovelasques

Bitcoin is in a possible triangle, $9500 should be our weekly lower high compared to $10500. This triangly should play out for a while and have a third touch on the base line, this would take Bitcoin back to $5000-6000 range.

diegovelasques

BNBBTC is in a falling wedge going for the support zone, should bounce back and forth for a while between the support and resistance zone. A good buyzone is near the lows, but remember a falling wedge makes new lows with no continuation so be careful setting up a stop-loss.

diegovelasques

This support is crucial on EOSBTC, breaking bearish we will have a big dip as there's no support zone nearby. EOSUSD had a weak bounce from the lows as EOSBTC is breaking down. The bear volume is keeping up as there's no bulls around. Keep an eye on the support if you hold EOSUSD positions.

diegovelasques

ETHBTC could not form higher highs, the downtrend line was stronger now we're looking for the weekly equilibrium pattern. Volatility will lower as the price range straightens up. Looking for a position when we breakout from this pattern.

diegovelasques

XTZ has been the strongest alt coin in the market, but now looks like it's topping out. We also have the S&P probably topping out tomorrow morning as the Berkshire call was not so good to the market. This could pull Bitcoin and Alt coins down, looking to play a short in XTZ when the futures open.

diegovelasques

Bitcoin is holding EMA 12 for about 10 days, now we're trying to close the candle bellow, this will shift the momentum from bulls to bears. We should look for a daily higher low when we lose this EMA 12 support, daily EMAS are close to $8300. Markets are starting to top, so we will see the correlation when markets open tomorrow.

diegovelasques

LTCBTC broke bear from the falling wedge, now we have the base of the falling wedge on the monthly time frame as support and buyzone. Bitcoin dominance had a bull break pulling alts down. RSI's are getting pretty much overextended as the prices continues to go lower.

diegovelasques

Btc big bull move after breaking bullish from the rising wedge. Now we're seeing a consolidation as we approach the EMA 12, rock solid support for a week, should hold by now. When we change our 4hr trend we should look for a daily higher low, anything above $6750 is a daily Higher low.

diegovelasques

ETHBTC is testing a downtrend line resistance. Currently in a daily equilibrium trying to break through. Failing at this point and breaking bearish, we should look for a weekly equilibrium. We have 0.026 as a clear resistance.

diegovelasques

LTCBTC is in a 12 hour falling wedge, will breakout sooner than later. Keeps making lower lows with no follow through which is a bullish signal.

diegovelasques

BTC bull break from the rising wedge, testing a little resistance in the $8150 area now then we're free untill $9250. RSI's are getting overbought as the move keeps going with little to no consolidation. First 5 minutes oversold after a bull run is key for a short term bounce. Bulls who entered in the breakout should plan the stop-losses, if you're going with...

diegovelasques

Bitcoin is in a rising wedge for the last couple of days, the break is imminent as the price range tightens. We just broke a 4HR equilibrium bullish, which is a bullish signal, but didn't got much follow through. We have a must hold support in the $7700 zone, breaking we should look for a daily higher low compared to $6750. Set a couple alarms as I will be in a...

diegovelasques

XTZ is one of the most bullish alt coins in the moment, broke up the daily channel, had a retest of the upper line and now going to the high of the move. There's no resistance until the $3.30 area, had a 168% up from the lows. XTZBTC is 14% away from the all times high.

diegovelasques

Bitcoin is in a possible short zone, the market shows lots of resistance in this area. The bull move from the lows did not formed a weekly lower high yet, as we approach this level a bit overextended with a very low weekly volume. Taking a small short position as soon as the 4hr higher low breaks.

diegovelasques

Bitcoin is grinding the 4 hour EMA 12, as long as it holds, bulls have full control. Losing the 4 hour higher low at $7650 we will look for a daily higher low compared to $6750. Reaching a resistance area, top of the move and the 26 period EMA in the weekly. We are less than 2 weeks from the halving, some non bitcoin investors are buying to speculate and this...

diegovelasques

LTCBTC is in a possible monthly falling wedge, we need to look at the wedge support to see if it will hold another push down. Looking forward to migrating my BTC hold positions back to Litecoin. We have one last support at 0.0052 than no more support on the monthly timeframe, if we lose, litecoin will be in trouble.