After reaching an ATH on Nov 10, BTC has been consolidating for 3 days now. 50EMA is climbing faster than 200EMA. BTC has formed a formation which could turn into both: ascending triangle (bullish) or rising wedge (bearish). When the price breaks out of the triangle/wedge lines we should be able to identify price direction for the next couple of weeks. However,...
The uptrend that started at the end of July continues. Support was then established at 0.50563 and the price went up 135% since then. Next support formed at 0.85758 and then another at 1.02538. 50EMA crossed over 200EMA 7 days ago which suggest then resistance at 1.29528 will be broken soon. This will start a climb forwards $1.7 area and then possible new ATH of...
We have been observing an uptrend since end of July when support was met at 0.50563. Then support at 0.85758 held and then another support formed at 1.02538. If today’s upward movement continues until the end of the day, we may see resistance at 1.29528 broken, thus starting a move forwards $1.7 area. This will cause the 50EMA to cross over 200EMA giving XRP good...
CHZ have broken a resistance at 0.4512 and is forming a symmetrical triangle. 50 EMA crossed over 200EMA 7 days ago. These are two bullish indicators suggesting a breakout is coming. In my opinion it should happen in the next couple of days, possibly going to $0.9. If it happens, we may be seeing a new ATH of around $1, and then a pullback will surely...
CHZ seems to have broken resistance at 0.4512. Trading volume from the past 4 days may indicate another breakout. If it happens, in my opinion, we may be seeing new ATH and even possibly reaching $1 in the next couple of weeks.
Last breakout that started on October 15, 20201 made the price go up 194% in 2 days. Since then we have observed a formation of a descending triangle lowering the price by almost 50%. The triangle is about to be completed and a breakout is coming in the next few days. There is a possibility of reaching $1.8 (200%) during the coming breakout and then resistance...
A month ago, when the rapid rise started, a flag was formed. After completing the flag we saw another steep rise and many expected another flag pattern. Now it looks that a symmetrical triangle formed and in my opinion is ready to break out. Then we may see temporary resistance at 0.001, and longer resistance at 0.00015. This means a new ATH this week and...
In the past 3 weeks support has been formed at $59636 and it was broken only once. 50EMA is climbing well over 200EMA. We should be seeing a new ATH today or tomorrow, most likely around 70k and then the price should go up to 80k, where it will surely pause for a while. Idea: Buy at $65000, Sell at $80000 Then, there may be a possibility of going short at...
Since 50 EMA crossed over 200 EMA at the end of August, the price exploded. It more than doubled from 3.865 to 9.170 in 4 weeks. Since then it has corrected down to support at 5.546 (correction also took 4 weeks). Yesterday we saw a long-legged doji indicating reversal of the current price movement. This could mean that we are heading for $10 and the new ATH
Is SHIB forming another flag? Another long green candle expected in a week or so.
NMR/USD should reach $70 before the end of 2021. If BTC does not do anything unexpected, this should be a great opportunity.