$TRX on the rise! Bullish price action. Currently fighting with the 210 sats resistance. Price might consolidate a little bit more/cool off, but overall the start of a new trend is in the making.
$BTC FOMO phase starting. Price hovering above 9350$ and looking strong. As $BTC is right now it can easily attack 10 000$ where we will find some resistance (technical and psychological as well). The $BTC correction has ended and bull are in control. Have fun trading.
$TRX on the move! Just as we discussed yesterday! If breakout is successful next area of interest would be 212 sats. Don't forget $BTC is on the rise as well. So we are getting fat profits here. Happy trading!
$ETH consolidating. Do not get fooled. ETH looks great! $ETH has been consolidating in this price range/bull flag for quite some time now. Volume is not astonishing, but still good. It has been giving these 2-3% swing moves opportunities and it will probably continue so. If it stops it will probably reward you even more. Be disciplined with your entries and...
$BTC above the 200MA on 1D !!!! It's time guys! We are getting great momentum here. If BTC closes the daily like this we will be having 3 white soldiers formation which will only add to the bullishness. Hold your longs and have fun! THE Halving is only a few months away!
$BTC above 8650$!!! It shoul be able to attack 200 MA on 1D soon, but before hat we need to get/close above 8800$. Bullish Monday!
$TRX has been trading above 200MA on 1D. I know China has seen better days than now, but still you might want o keep an eye on $TRX. Might breakout any time.
$ZEC did indeed bounce close to the 0.5 fib. A breakout of the symmetrical triangle here will be quite bullish. We might cool of a little before/if we continue upwards. So far well known #alts and large caps are performing well. ($DASH , $ZEC, BCH, $EOS)
BTC bouncing from the 0.5 fib. Eyeing 8590$-8620$ as a short term target.
Trying to get above the 200MA on 1D & push trough the resistance at the middle of the channel is not a an easy task. But ETH is making consecutive HL and hinting a possible trend reversal very soon. As everything in life and especially in trading an TA you have to give it time and not push the trade. If not already in a position the perfect medium to low risk...
BTC 1H alternative scenario. Don't forget that in trading there are no straight lines/moves up or down. 8222$-8350$ region defence has been strong so far. Might test the 200MA faster than expected.
Bitcoin price action under the 200MA on 1D. H&S pattern was printed and actually BTC broke to the downside. We might go a little lower just to burn the over leveraged longs completely, but we are due for a bounce & test of the 200MA again. It is not going to be too obvious, though. Too many people bidding like crazy for those 8200$-8300$ levels. Time will...
Zcash broke down from the Symmetrical triangle!. Price will test the 0.5 fib level soon. Failure to bounce there will lead us to a bigger/deeper correction. Altcoins market is still strongly correlated to Bitcoin price action. No new entries on ZEC for now. Still positive that this is more of a correction in an uptrend than a pump & scheme.