veerakumarnice

veerakumarnice

I wish xrpbtc reverse from this point at it is has retraced 0.786 fib level with 100 weekly MA hovering just below it. But it is below long term daily averages and MACD is not showing any signs of reversal yet. Downwave is most probable. Signs of reversal could be if btc starts correcting itself from current price (7700 levels) and xrpbtc starts raising. If the...

veerakumarnice Updated 

While the broder market is pushing up trxbtc shows weakness and has three closes below 200 DMA, which is a bad setup. It is notable that trxbtc has created a falling wedge (seems like bottom is still to be found.) Rejection at 0.618 feb level suggests trx is about to move towards 0.786 level of 480 satoshi. There is 20% chance for an upside break from the current...

veerakumarnice Updated 

BTC is reversing and showing strength. It is about to break the current sell off mode and retrace back to 50 DMA. Strong resistance at the 7200 to 7350 zone. Happy Trading :)

veerakumarnice

NEO just broke out of the falling wedge with bullish volume suggesting a strong rally. Further RSI raised from oversold to above 50 in just 4 days. Eventhough the short term charts 1H, 4H are bearish, long term 1D chart is still bullish as it is above 9EMA and RSI above 50. NEOBTC created a upper wicked doji yesterday suggesting strong rally has exhausted....

veerakumarnice

XRP is in buy zone!!! If you are a long term holder you can buy and hold at this level with 30% potential downside but the Risk:Reward ratio is pretty higher. The short term upper target is expected to reach in one week duration. Slow degradation will be there once it reaches the target and back again to the buy zone. Once it is able to break above 0.9 dollars...

veerakumarnice

EMC is currently showing strength at 50 week moving average. The consolidation now is to break above 50 day moving average. Once a close above 50 DMA has been done EMC would skyrocket to almost 23+ dollars. Rally could last almost 3 to 4 weeks. Short it at Target 1 and look for signs of strength in the area mentioned in the chart. Anything that shows strength at...

veerakumarnice

HITBTC:EMCUSD Lot of accumulation going on in EMC in the current levels. Could pump hard if it breaks 50 DMA. Make some profits. :)

veerakumarnice

refer this global chart before reading. image.ibb.co From the chart it is notable that DGD had made a solid consolidation to break above 100 dollars. Upside momentum likely to start soon. If it breaks below then next support is around 47 to 50 dollars. A break above 200 from the current levels would resume bull run and we could see a bull run.

veerakumarnice

POLONIEX:SCBTC SIACOIN is showing some early signs of upside momentum. Overall weekly chart is good. above 50 and 100 week MA. Past week had a positive volume that was not seen in the past 20 weeks. It is more than average weekly volume. A break above the line would likely provide some good profits. Weekly RSI is also holding above 50 (bullish zone). Also...

veerakumarnice

BITFINEX:BTCUSD As you can see the 1H on Balance volume in the 1H chart has produces a H & S (recently there are a lot of H & S over the market - a bearish signal ). As the chart suggests there could be heavy drop. However a break above the shoulder resistance would bolster the solid gains. Better stay away and wait for confirmation to trade either ways. Keep...

veerakumarnice

BINANCE:TRXBTC TRX had three confirmed closed below 50 DMA. Might be a sign that 70 days of rally has ended and now heading up for a huge correction. 100 DMA might give a good bounce but it might not offer a strong support and make TRX bullish and making ATH's. Sometimes we have to accept the fact and move on. Trade safe. :)

veerakumarnice

BITFINEX:XRPUSD Ripple Just jumped out of it's downtrend line but the volume is too low that it is lower than the average volume. The upside move got capped around 100 MA. If XRP is able to get a positive close above the jumped line then we can expect a fine rally for xrp. The low volume might have been caused by the BTC closing below 50 Weekly MA this week....

veerakumarnice Updated 

BINANCE:TRXBTC Flash crashes, failed wave and heavy selling at a crucial support that too 50 DMA + the long time raising trendline suggests the market is not not ready to buy at these levels. We may be heading lower towards 600 to 650 area. Trade once a confirmed break is done (either ways). Since the Uptrend from March 18 there have been a heavy buy at the...

veerakumarnice

BINANCE:TRXBTC TRXBTC is moving towards its crucial support. it is moving towards 50 DMA (currenty at 784 satoshi) + the raising trendline from March 18. Also it is oversold in 4H , 1H etc. Reversal may be on its way. May dip a little bit. But daily close below these levels would be unfortunate.

veerakumarnice

BINANCE:TRXBTC TRXBTC is at it's key point. It is on the verge of shooting upto 1300 to 1400 satoshi if at all it is able to break above the downtrend line (in blue dotted). Such a move will be the 5th wave that would give the same % change as the first wave. The bad news is that TRXUSD is showing bear flag in the one day chart. A break down will be...

veerakumarnice

BINANCE:TRXBTC TRXBTC is showing weakness and having bearish RSI divergence in the 4H chart. we might see a pullback to 700 satoshi which is the 0.382 retracement level and from there we can expect the price to move towards 900 satoshi in the short run.

veerakumarnice

BINANCE:REQBTC REQBTC has entered long term bearish mode and left support creating a doji followed by lengthy red candle suggesting the rally from April 6 has been ended. RSI has dipped below 50 in 4 hour chart and trending south. Support is seen at 0.00002412 BTC (50 DMA).

veerakumarnice

BINANCE:TRXBTC TRXBTC seems to be entering short term bearish trend. RSI heading south with overbought conditions. Strong support is seen at 545 satoshi.