egilagre

egilagre

Hello hello, My first post on GRT/Euro and looking into this token. The token itself looks interesting from a technology perspective, but for TA (Technical Analysis) purposes; not quite there yet. There is not much data to fill into the indicators so I can only work on the 1H and the 4 Hourly, and it is not convincing for an entry point just yet. BTC is strong...

egilagre

Hello Wonderful and beautiful person! Happy new year and 2021 will be indeed an interesting year for crypto, not just price, but: What are the response of different nations on BTC when their own currency is under threat. What will the nations do: protect their own currency control and stifle their own technology and financial progress? or will they accept...

egilagre

Hello beautiful person! So, these are really troubling times ahead, with a large holiday season coming real fast along with end of year. This month December is associated with expendure of cash and last chance investing before end of year. Will this be different, because of the covid and lock downs? will people buy less stuff for the holiday season? Will they...

egilagre

Hello wonderful person! Hoper you have had a great & safe weekend. There was a sharp correction and test on the BTC price happening yesterday, but the current trendline held. We might see another correction, but if so; the trendline should still hold. The indicators are still strong, although they are showing some loss in strength, but still strong. There are...

egilagre

Hello Wonderful person! We saw a very good break out and turned the resistant line in to proven support line, which is awesome! There are a couple of concerns with some indicators that momentum is fading off, but lets see if there will be more strength added this week. (dont forget to check the RSI). Interesting pointers are the new fib retracement that almost...

egilagre

Hello wonderful person! Now it is breakout point one way or another. Either the current trendline will hold and the resistant line is broken. OR current trendline is broken and resistant line is holding, which means next price is 12200 Euro; but might bounce at 12950 Euro (depending on the strength) My indicators point more towards a correction, and we will...

egilagre

Hello wonderful person! I am trying out a new way of delivering messages in the articles by having more text and symbols in the chart itself rather than writing them in the article. Hope it will be a more efficient way, but I am open for suggestion in the comment. Small conclusion about a key factor I am watching now, is the wedge between resistant line and the...

egilagre

Hello wonderful person! Incredible rally in the stock market due to vaccine news, and this might hold up to end of december. Bitcoin reacted as with gold, it took a hit. Based on the chart, there are some spinning top and a doji forming, which could form a correction. If that happens, we could look at a price target at around 12000 euro, and if it is still a...

egilagre

Hello beautiful person! I am up tonight watching the U.S election and witness live the effect it will have on the BTC during it. If you have read my previous posts, you know I have been writing about a second wave of the virus and lockdown; which will in turn affect the market negatively. I expected the second wave and more effect in September/October, so it...

egilagre

Hello there wonderful person! Just logged in to see how BTC fared in these treacherous water we sail in today, along with the rest of ALT coins and DEFI. If you have read my articles from the beginning, you probably noticed that this correction in September was expected, and one of the reasons behind were due to movement in the stock market and macro market....

egilagre

Hello hello beautiful person! The divergence in RSI and other indicators have present for some time, but the FOMO in DEFI has been an amazing rally; combined with an above normal public awareness in internet and Televisions. We are seeing a correction now, but the question is: how strong, and is this the one I have been anticipating? T he chart The chart is...

egilagre

Hello Wonderful and beautiful person! Just came back from summer holiday, and for a while there it seemed like BTC was at holiday as well, but we got some massive response these last couple of days (7 days). - Market cap increased by billions - BTC market dominance fell by a couple of percent - Enormous influx of interest and investment in alt coins. - Large...

egilagre Updated 

Hello wonderfully wonderful person! Stock markets all over have seen a large pullback. Maybe more investors have awaken and smelled the coffee? Time will tell on how the market will react now. Will it be the emotion fear that will trigger more downfall or the emotion hope that will set the market upward? Anyways, back to BTC; and it seems to be very connected to...

egilagre

Hello hello wonderful person! What an interesting week it has been, where we have seen a fake breakout above the triangle; and now we are in horizontal move. So the market broke out of the trend line, that was just a matter of time really, but it did not break out on lower or upper side. Rather the price is trading horizontally and perfectly aligned with the...

egilagre

Hi there wonderful person! So, next week we will either breakout on the upside; which means that the price breaks the long tested triangle. Or we will break out on the down side, which means the upward trend is broken and support line of 8058 will be re-tested. It is not unthinkable that we could revisit the 7772 support line, if the 8058 does not...

egilagre

Hello wonderful person! It has been a while since my last post, but nothing fundamental has really changed. We are still within the triangle,but in the upper region none the less, an overall upwards trendline is still holding. What is really interesting now is if that upper trendline (marked in gold) is going to hold this coming week. Changes Added...

egilagre

Hello again Wonderful person! Hope you all have had a great time since last time, and still take it safe even though the lock-downs are easying up (at least in Europe). It has been some time since my last article due to heavy lifting in my current work, and had no extra energy to spend on the charts. Very interesting move for BTC the last couple of days, and to...

egilagre

Hello beautiful person! Hope you all are doing great today and did you manage to collect some profit during this approx 10% price movement of BTC? Just wanted to pop in quickly and share a thought I have on current market movement, because I spotted an very small divergence on the RSI on 4 hourly chart. If you are in the market today or are ready to commit to...