Dash has a strong global adoption base plus large trading volume. Two areas of uptrend support at 265, with upside trend to 383 once we clear 305 (resistance) on the 4 hour.. Expect some resistance in this area and retest for support too. TD sequential, MACD crossing up bullish above zero, are all shifting bullish on the hourly and 4 hour with lots of room on the...
I don’t believe we will get a breakout above to 2k+ just yet. With China New Year ahead , DXY gains are beginning to lose momentum at the top of the trend line. MACD , RSI all show over extended and need to retrace short term. If we stay in this triangle we may likely retest support around 1350.. However a move lower out of this triangle below could hitting...
Wait for the breakout above the trend lines in either direction.. play safe don't get REKT :D. We are stil..........in a bearish downtrend regardless of this fomoization and short squeeze play. Do your own duedilligence.
We double bottom'd out from 11/25. We are also in a, what appears a gigantic descending channel Bottom of the channel was 6100, we respectively had a bull and bear shoot out match today with wicks in both directions to sub 6400s and upper 6900s. I feel bad for the short's at high leverage and longs, you all go liquidated. As for now we were rejected twice at...
Well this is no suprise we broke a major trend line.. Measured move is around 6500 with a nice bounce, then zip back down after the daily possibly to 6100s.
My earlier targets have been reached as shorting groups expected a 7950 range yet the bulls ran out of steam before this limit was reached. The 55 ema was wicked into 9X, and on the 9th was the final straw to tester lower lows. We broke out of the neck line on the IHS, with a classic pump to the upside and now starting a reversal pattern. This could go on...
BTC has been held down by the 55ema pinning it on the bollinger bands below the basis. We had a 4 hour inverse head and shoulders recently and off the neckline that measured move is 8228 short term could even be today sometime. I am neutral waiting for confirmation to the upside which is above the 200EMA around 8560, to break out of the channel we'd have to close...
What goes up must retest below.. support becomes resistance vice versa.. Typical market manip. But don't be a HODL'r, instead short and long both ways. Entry point 7200 - :) Long the bottom ups once it's confirmed to 8K Tech resistance 7950, 6800, 6500, 6300 sorry peeps no time to make this fancy.. you know the drill.
BTC COINBASE:BTCUSD is trading below 9300 changing hands around 9150 and retesting low 9000s yet again to pop the CME futures gap. 9300 support line was a critical area for further upside price action to break resistance above 9800 which caught no buyers to rally regardless of a pump over the weekend getting stomped out. Support becomes resistance and vice...
What's going on Crypto Peeps? BTC is in a critical position with a mixed market of Long and Shorts leaning Short. Whales despite the fear, appear to be accumulating more BTC offline. Based on the RSI , FIB we are headed to the bottom of the triangle below to test above or below $7852. We may have some bull traps today with low volume. If we fall below the $7852...
So we have been trading inside this gigantic triangle pattern sideways making higher lows, lower highs and haven't broken out of the $12,500 resistance range to gain higher highs. As of now, we remain in this gigantic Long and Short accumulation zone pattern, where the bears and bulls are making huge profits. If we break below the 200 EMA 10070 likely we will...
Lot of little geeks in the crypto space as well as greedy bastards that are indeed creating sell walls and buy walls to line their own pockets. On CoinBase alone there are several thousand orders pending up to $105 forming a resistance zone, then up to the $150 over 30K LTC on the books. This is the sort of price manipulation that is frustrating to press the price...
BCH forming an Inverse H&S in a wedge... short term to the downside on completing shoulder, then a big bounce to the upside.
BTC appears to be trading inside this descending wedge. Looks as though we will breakout around 8/3 at the bottom of 9100 ish zone defending the upside.
So we broke below 9800 and had some pullback - meh. In this example, we need to stay above 9400-9500s or will retest 9071's previous low to take us below 8900s. What is interesting I find, is on the 4 hour is we had more of a bullish pattern on the last wave upside, despite bearish trend after 13800. We could be in a Bear Fractal from 2018 and finish wave #8,...
So lots of sell pressure manipulation over a weekend to pull out stops and revisit the previous low. BTC on the daily is forming a double bottom reversal. While shorting groups have their plan based on MCAD, RSI etc there are clean indicators a double bottom is here. I believe we will retest 13k levels soon. The last drop to 9700 7/2 shot up to 12k quickly.
The weekly candle was not met and didn't close above 10833, instead it closed below it. Right now we are having some fomo on upside but all the indicators are still pointing down to test new lows. We reached on this last dip 10500s and I believe we will continue to follow the pattern until hit a bottom since our largest high 13800. Don't be fooled by low volume...
It would appear that LTC has made a temporary stop or topped and investors are not ready to buy in at this zone after much Fomoization. As of right now the volume is not credible and is bearish which is pointing to a juicy pullback and not in just an hours time frame. Are we having a Halving fomo rally? Yes. Will it continue ? Yes! So what's next ? HODL or hope...