Green resistance line turned support. Fib 0.5 ($232,xx) should be next stop. Bitcoin and Tether should let the ETH to move. Lets see what will happen.
That's my game plan for now. Will update if anything changes.
Right now, BTC has to make a decision, if it can get over that channel, we will see $8Ks but if it can't, $6.650-6.800 is the first stop. So, we should watch that resistance line carefully.
Today BTC almost touched bottom line of symmetrical triange. If BTC brokes down that line, it will not be impossible to touch 2017 support line. Lets hope that BTC bounces at this price and breaks up that triangle so we can test ATH. No matter where it goes, it will be an epic movement. Trade Safe.
Hello guys, today we touched Bitcion's long term support line and Daily MA50, For now Bitcoin chills at that line. We should watch that line and also MAs. If that line can hold probably we'll see a bullish reversal which can pump us to 11.200-11.500$ area. If support line will not hold, probably we will find ourselves below 8.600$ level. Be careful about bear...
Hello guys, here we got NEO/BTC chart. We are in a bullish trend at nearly all altcoins and NEO is one of them. At NEO, we have a lot of space at RSI indicator which means we can easily go up, and we have a bullish MACD at daily chart and also a golden cross of ma20-50 has accored last week and the price could stay above ma 20. Because we are now close to ma 20,...
Hello guys, Here is what i think it is going on ADA. We passed our first test which is now support zone. After we passed that price area, ADA price tested it again and couldn't break down. So, right now we do not have any big resistance area until we find ourselves at 5200-5800 satoshis. Still we have a resistance level which is not important at fib. 0.382. In...
Hello guys, today we had an pull back at bitcoin, i see so many folks are afraid that we are going down and bears controls market again. I don't think that those thoughts are true. 9390 is a price that bitcoin tried to pass to many times and couldn't pass that resistance level for too long. Last week we passed that level and go way more up, we found ourselves near...
Hello guys, Here is my opinions on Ripple, i know most of you guys don't like ripple and don't want to trade ripple but we all know that when ripple starts to increase it happens really fast and it tests it's ATH nearly in 1 week. In this bull season, if you have XRP and you don't want to hold it, you should think again because probably it will test it's ATH with...
Hello guys, Going to explain the situation of LTC right now. We got an MA 20/50 golden cross coming right now. A big green candle confirms that golden cross, LTC was consolidating for nearly 2-3 months and we are ready to take off. We tried to pass the 0.236 fib. level for 2 times and we couldn't do it. For now there is no resistance at that level because no...
Red arrows: Resistances Green Arrows: Supports Resistance, support or mini version of those ares shown at the chart. Strategy: 1. Sell Point: Resistance 1 area 1. Buy Point: Mini support area 2. Sell point: Resistance 2 area Estimated total profits: %60 at USD parity. Do not hesitate to ask anything.
Hello guys, I take a look at the S&P and DJI charts, basicly they are in a situation like Bitcoin. S&P broke it's downtrend for a while but it went back to that channel and DJI broke it's downtrend as well but it is testing that channel right now. So, what we should expect bitcoin to do is that probably it will test it's long term down trend, if that support...
Hello guys, Since bitcoin price couldn't make it through MA 50 at daily chart. Next move of it probably will be down to the MA 20. There will be a buying opportunity for us. I know most of you guys think that bitcoin price will increase because today's candle was a fat green one but you should look at the resistance lines at the daily chart. Today's candle...
Bitcoin was not able to hold above it's long term bearish channel. We watched a bear squeeze and it was fun actually. Now it is time to squeeze those FOMO bulls. Open your shorts above 7800$ and enjoy your ride my dear bears. Have a nice weekend. Trade SAFE!
So today i will write about an altcoin that i trust and will invest under proper circumstances. When we look at daily stratis chart, we can basicly see that moving averages are useful. The moving averages that i use to interpret are 50-20 MA's because they can show you where to get in stratis train and where to leave it. The list of circumstances that i will track...
As i told you guys at my previous trading ideas, bitcoin price line nearly hit ichimoku cloud and it hit 50 MA at 4H chart. We empty our bags at $7398 and it time to think about where will we load it again. Vortex indicator is bullish but it had to grow much more in order to keep bullish. So, Vortex indicator will become bearish again. I don't really believe that...
The shown area at the chart is the target area that we will sell our BITCOIN s that we bought at our first trading area. Will update this trade. Don't hesitate to ask anything.
Here is how bitcoin looks like at 4h chart.