Hello, everyone,
let me be clear, I don't think this is goin to happen. However, it is always good to keep exploring new options.
What if? Better be ready than sorry!
Kind regards
PGrijpink
Hello traders,
Litecoin has seen a phenomenal rally of more than 300% since the start of the year. This whole uptrend the price has respected the 21 day EMA as support, as well as resistance. With litecoin now trading under this ema, I expect the price to find resistance at it.
This ema resistance level will most likely push litecoin down to its support at...
Hello everyone,
It is beautiful to see how bitcoin is still having its bearish divergence on the daily showing a weakening of the trend. For now BTC is holding its short term trend line which, as of right now, lines up very nicely with the 21 day EMA .
I think that a daily close under the 21 EMA as well as under the short term trend line , could result in a...
Hello everyone,
It is beautiful to see how bitcoin is still having its bearish divergence on the daily showing a weakening of the trend. For now BTC is holding its short term trend line which, as of right now, lines up very nicely with the 21 day EMA.
I think that a daily close under the 21 EMA as well as under the short term trend line, could result in a...
Hello everyone,
Bitcoin has seen a good surge over the past months. Going from a low of 3215 to a high of 5690. This 78% rise in bitcoin's price has made a lot of people in the market very bullish... when I open my youtube now, all I see is thumbnails that say that bitcoin's going to + 300.000. With all this optimism in the market I think it's good to also take a...
On the 4-hour chart there's a clear bearish divergence forming. While price is rallying higher, the RSI is telling us that the strength of the trend is weakening. This weakening of the trend is confirmed by bitcoins' shrinking volume.
On the daily we can see that bitcoin is dangerously overbought. The RSI is at levels not seen since the 8th of December 2017....
The previous pump in the price of bitcoin has brought uncertainty in the market. Picking a side at this point in time is very difficult because there are a lot of arguments to defend either sides, bulls and bears.
My biggest arguments for the bulls is that bitcoin has had 3 continuous green months. This is a scenario we have seen play out just before the bull...
look like bitcoin is coming close to it's trend line which also has some good support levels around it. Rsi shows a good buy moment will come in the near future. good buy opportunity will arise when the price comes below 7100. remember to buy when there's blood in the streets, at this moment it looks like there's a blood river going trough the crypto street.
I came to a beautiful discovery today. on the weekly the RSI has been oversold three times. In 2014, 2015 and yes you guessed it the end of 2018. there were 15 weeks between the 2014 and 2015 oversold levels (you see.... at the end of one year and the beginning of an other one). The first one barely touched and the second one went further in the oversold level. in...
I think right around $8750 is an excellent time to go long on bitcoin. We can see bitcoin's price coming close to previous support and resistance. The grow in bitcoin we've seen the las couple of days was unsustainable, therefore this small pul back is great and it gives us a good oppurtunity to buy and sell at a higher price wich i thisn will be around the 10 -...
