Hello Everyone, Welcome to crazy run of BTCUSD, many people are claiming this bull run as manipulation either for price increase or for closing short position. Well as per us it is none of them, also no technical indicator will make any sense right now as market is driven right now with world's geo political sentiment instead of indicators. No new people have...
Hi All, As per current event, I can see a short bull run till 6800 to 7000 USD, so we vl keep my target as 6900. After which We expect a small pull back, before deciding on new trend i.e.. either Bull or Bear. But there is small window , where we can make profit before a new trend begins. Please this small bull run wont mean we are out of bear phase, our bear...
Hi All, Welcome to Tron TA. After taking a blood bath, Tron is trying to recover and we expect tron to recover somewhere in the zone marked by two blue line which gives us a target of 0.024 which is quick 8 % profit within a week. Apart from Recovery move we don't see any other influential event happening nearby unless otherwise news comes. PS: Above all are my...
Hi All, After seeing todays shorts getting rekt n sudden death drop. BTC price has balanced itself as if for price action no event has happened. After facing heavy support at 6000 mark, i doubt it vl break it but move towards new Resistance of 7400 ish marked on chart, which coincides with 61.2 fib retrace , it perfectly makes sense in TA. As all points are...
Hi All, Welcome to Tronix TA. Directly jumping to TA, we see that when whole market is in red, tronix is in green. Hence it serves as good indicator that Tronix is in Buy Mode. Right TRX is trading at 0.022 and if see two resistance line (0.026 and 0.029), both seems to be rechable within a weeks time frame(if market doesnt goes in sudden bear mode because of...
Hi All, Welcome to another TA. Well is it going to Moon? Definitely No , a big no as of now. TA: We charted three possible course of action for BTC depending upon whether we are able to break the current resistance or not. In two scenarios (Green and Orange), we should be able to touch 7300 and 7500 mark. and then fall back . In third scenario(Yellow), BTC will...
Hi All, Taking the cue from @jacobcanfield, i thought of doing it for other major media outlets. Guess what forbes too scores more than 90% on contradictor indicator. While going through their tweets and posts, i observed that they put both sides of the news(cannot say completely biased). So, i took those tweets or post which were either on a day when they gave...
Hi All, We think recent bull run during BitMex offtime was to cover the short positions which was second highest of all time. Many positions would have been liquidated or would have been closed at loss. We think Bull Run wont last long, it was just a flashy show to close short positions. Does this mean BTC wont reach 7k or cross it ? We still agree on the part...
Hi All, Tron, one the most promising coin in the market has slipped out from top 10 list. Currently sitting at 12 and fighting for the 11th position. I firmly believe that tronix has the capability to be in top 10 and it should be there. Hence we are expecting a price swing atleast above 0.024 in order to make bring tron back in top 10. Currently it is trading...
Hi All, Nothing new is happening right now, volume is neither high nor extremely low. This indicates range movement. As a result of which I am expecting the BTC to trade between black n green lines, please no moon shot predictions as we are still in Bear Market. But Volume stays same and if you wanna make some profit, u can buy now and sell some where near to...
We have tried to analyse 3 different time period chart. 1 D, 4 Hours, and 1 hour. Analysis of Which is : for 1 Day, BTC is yet to complete its target of inverted cup n handle, so we expect it to South. But if we see 4 hours and 1 Hour Chart, we see inverted wedge which is Bullish pattern, but don't get fooled by this. Crypto Currency doesn't honor this particular...
Directly jumping to TA. Recent High price move was because of March 31st testnet launch. TA is coming under heavy pressure because of BTC selling. We all know BTC is able to govern the trend for all coin. So if BTC falls, will TRX will rise? I doubt it. At most u can see a spike in Buy, only if BTC shows Green. i.e.. 30 to 40% increase in price and hard 4 to 5...
Lets jump directly to TA. My Last TA was video, in which i had expected it to first break support level of 8600 n then test 8300. It did exactly(PS: not bragging, i do accept my mistakes), but i had expected to give more force to 8300 support level to break. But it didnt try much, and it is trying to move up again. On chart u can see again it has strong...
EuroUSD has completed its retracement of 61.8. Now it should try to go touch 1.25 again. Trying to overcome the selling pressure will be a difficult job, because 1.25 has already proven itself has very strong Resistance point , and similarly 1.225 has proven to be strong support zone. What happens next , is anyones guess. Deponding upon market sentinment 1.25...
Hi, We have tried our best to explain the current trend which is Head n Shoulder Inverse pattern , which is completely only our opinion. We are no way trying to influence your trading decision. You should do your own TA also along with ours n then make the decision. Do take a look at video, n if u find the information useful dont forget to hit like and...
If you have any comments do, let us know in comment section :) If you like, dont forget to hit like, share n subscribe. PS: MAch 11 = 11k Mark
Please Note, although i am giving Buy Signal here, but we are still in BEAR Trend, to know the reason why , please read previous article. Final Price, before expecting any other price movement is 10000$. This is just a correction of previous fall, thats why Bitcoin Price is rising, it MIGHT continue to 16k(moon shot) but retracing. But we need more data for...
Hi Guys, I had made the bull call way too early, but i went wrong initially cause i didnt include all data points. If you see the current behavior of BTC, it is showing the sign of Bull again, but dont fall for it. It is yet to come out of Bear Trend. When Bear trend will be over, read below TA. Here we have two pattern, Bear butterfly pattern and Bull Bat...