mattforutan

mattforutan

BITFINEX:XRPUSD XRP has seen a great bullish run as of recently. We are now beginning to enter a pullback before the next bull cycle. We see this with the 3 indicators on the graph. EMA50 has crossed over EMA20 which we now know (from my previous ideas) is a bearish indicator. Also, the auto fib retracement is at the 0.618 level. As XRP is trending downwards...

mattforutan

BINANCE:VTHOUSDT A few days ago we looked at VET's bullish indicators. VTHO is the gas of the VeChain ecosystem, so generally if VET sees major growth in price and volume VTHO follows. Doing technical analysis on VTHO to confirm our beliefs, we see our EMA20 still trending above the EMA50. We just hit a very important point where price touched the EMA20 (first...

mattforutan

KRAKEN:ETHUSD This is an updated post to my November 28th idea on ETH. There we discussed the EMA20 and EMA50, explaining how ETH would enter a bullish cycle once the EMA20 crossed back on top. The blue circle was at the time of my last idea, the pink circle shows when the EMA20 crossed back over the EMA50 and began its bullish streak. CRYPTO MOVES FAST!

mattforutan

BITFINEX:VETUSD Looking at VET we've recovered nicely from the previous bearish cycle (shown with the purple channel). The orange circle is showing the EMA20 crossing over the EMA50 which we know is the beginning of a bullish period. The awesome oscillator shows a steep rise in market momentum as price increased, however be wary of the current red lines. If...

mattforutan

KRAKEN:ADAUSD ADA has seen some great pumps as of recently, pushing up to $0.17 then quickly back down to around $0.125 (buy back level). Looking at the awesome oscillator we see sell pressures are starting to build up, which is confirmed by our distance above the EMAs. Expect sell pressures to continue but slowly wane as price begins to move closer to EMA's,...

mattforutan

KRAKEN:ETHUSD Here is some more analysis using EMAs looking at 1 hour candles. You can see with each pink circle, once the EMA20 (blue line) crosses above the EMA50 (black line) we enter a bullish period. This spike continues until EMAs even out and the EMA50 crosses back over. Looking at the green circle we see EMA50 is currently still above, once that turns...

mattforutan Updated 

XLM is priming for a boom! Here we see the ema20 and ema50, current price being so far above the moving averages indicates a drop incoming. We can see price pushing down to even out the with averages, and this is confirmed with a decrease in volume (see circled in pink). Once we retrace to moving averages the bulls will buy up and push us to a new relative...