I have noticed that since January, the RSI 14 for BTCUSD has a trend line that it seems to not be able to break above. However, looks like we are close to finding out if this means anything or not. Happy Trading! :) Any and all comments are welcome
THOR!! Here is a quick technical analysis of VTHO a few things I can point out using the indicators the standard indicators on here. I added RSI to point out one level there. *This is a 1 day time frame and these indicators and will change if you are looking at hours or so on and want to make day trade movements.* First, lets look at RSI 14. Notice that...
Consider this: In 2008 GOLD (XAU) had dropped to around $730 and never before traded above $1000. During late 2008 we occurred the "great financial crisis", the one where everyone thought the world was going to end, where we saw the market deflate and induced us into a systemic crisis. All markets seized up, including GOLD, as the credit markets seized up, and...
Here is an updated chart on BTC. We have been dropping in price but I want to explain why I still believe we will see the price rise soon. Looking at the chart above I have highlighted 5 buy points and 4 sell points. All of these entry and exits have been profitable! Right now we are seeing a similar reaction as we saw on 2/11. We see VWMA almost touch the...
Look at what is about to take place!!!! :) Unless some insane news comes out and causes the market to dump, I'd say FOR CERTAIN we are about to see an up trend. Look at the past crosses like this and you can see. Here is your gift... take it! Happy Trading! Like if you Like! Much Love, DustyPH *all comments are welcome* **This information is not a...
Good Afternoon, and welcome to an update on the wonderful world of Bitcoin. Today I will be reviewing the " Golden Cross ", or a version of it. Traditionally the golden cross occurs when the 50 day moving average rises above its 200 day moving average. I will be using the VWMA vs the SMMA. I will also add a higher day moving average for reference as well. ...
Good Morning. Lets take a loot at the chart on BTC. I have added the VWMA (volume weighted moving average) and am comparing that to the 20 day MA (moving average). Notice when the VWMA is above the MA it indicates we are moving in an uptrend, and when it is below, we tend to have bearish implications. To make this somewhat simpler, as long as the VWMA is...
Good Morning, Good Evening, and/or Good Night. Thank you for reading this update on the ever so wild and manic world of Bitcoin. This thing is starting to give me mood swings! The BIG question is, how far down will we/can we go??? So, looking at the chart above we can go ALL the way back to our peak in mid-December and see that ever since we have been, and...
Good Afternoon and welcome to this thought contagion update on BTC. If you notice my chart on 3/7 I gave you the call we were headed down when we were at $10,700 and we dropped to around $8400. A savings of around 20%!! I pointed out several key indicators to show support for this and today we will be looking at the same indicators to see if we have an idea on...
Good Morning, and welcome to my first analysis that is NOT a cryptocurrency! Today we will be analyzing Anthersys ( ATHX ). ATHX has had a rough time recently and after hitting a 52 week high of $2.63 in September of 2017 it has dropped roughly 45%. Lets take a look at the chart. The first thing we can see is that we are obviously in a downward channel...
Good Afternoon and welcome to an analysis on GWPH. Looking at the chart we can see that GWPH broke through the support line on 2/22 and is now testing it as the current Major Resistance line. We have fallen to the Major Support line on 3/2 and bounced back up to touch the resistance line again. We almost looked as though we were going to break into the...
Looking at the BIG PICTURE and the long term for LTCBTC we can see this beautiful ascending triangle we have been forming since early December 2017. I have two lines on the upward slope indicating 2 possible scenarios for this to fulfill. Currently as we speak the DMI is oh so close to touching but the + is still on top. The ADX is above our signal line...
Good Evening and welcome to this update on the subterranean homesick blues in Bitcoin. As pointed out in my last chart I highlighted on the DMI where the -DM and +DM had just crossed as the ADX was showing a stronger trend pending. I compared that to the last time we saw this along with a few other indicators, and indeed, we did drop significantly. Lets take a...
Good Evening and welcome to a technical analysis on the mother of them all... BITCOIN! We're gonna have Fun, Fun, Fun, Surfin' this Safari! Looking at the DMI we can see that the -DM and the +DM crossed earlier this morning just after we touched the resistance line. I have highlighted on the DMI the last time we saw this crossover which was back on 2/21. ...
Good Afternoon. Just wanted to put out a quick snapshot on LTCBTC . Currently, looking at the DMI, the -DM and the +DM have touched and tried to cross 3 times recently, but it has failed to do so signaling failed attempts to break out. All the while the ADX has stayed relatively low showing there is not really a trend going on here. If you look on the RSI we...
Good Evening. Welcome back to my 2nd analysis on BINANCE:XLMBTC . If you saw my post back on 2/23 I put out a warning we could be headed down and was bearish on the short term for StellarLumens. If you sought the advice you could have saved around 20% and re-bought when we hit my support on 3/3. You can see in the chart that BINANCE:XLMBTC touched the support...
Hello, and welcome to my first analysis on NEOBTC ! FYI: SKIP TO THE END IF YOU JUST WANT TO READ THE ANALYSIS... First, for those who do not know, what is NEOBTC ?!? NEO is often considered China's response to Ethereum, and is China's first ever open-source blockchain. Its platform facilitates the development of digital assets and smart contracts. The...
Good Morning! Lets take a look at BINANCE:XRPBTC ! Looking at the chart above I have identified triangle patterns all the way back to early December 2017. We can also see triangle patterns inside of triangle patterns (coincidence... no, it's beautiful geometry and fractals, haha) Looing at the large descending triangle we can see that we are forthcoming on...