Hello Traders, If you recall from my last update, I mentioned that purple line would most likely act as a major resistance again, and Tron needs to go above this line in order to continue the next bull run. Just a few minutes ago, Tron just bounced back from this purple line yet again and looking to go back to the yellow ascending channel. (scenario 1 from my...
Target are listed in the chart. Just had an initial breakout. (high volume!) I expect it to find support at the down trendline, and ready to take off!! Happy trading!
Hello Traders, As you recall from my last analysis, I mentioned that black line and purple line would most likely act as a strong resistance, and we may see a potential dip from there? And here it is!! (this is partially due to Bitcoin crash after reaching to $9000) To my best of knowledge, I was the only one who called this and this clearly differentiates...
Hello Traders, I see there are a lot of Tron updates and I highly respect their ideas. However, most of their ideas are rather dull, and they do not look at bigger picture. Hopefully, this technical analysis will give you a better understanding what's going on in Tron! Looking at the 4 hour chart, Tron manages to go back to ascending blue channel, which is a...
Hello Traders, Looking at the 4 hour chart for EOS, I see huge inverse head and shoulder pattern is starting to form. Currently, EOS is within bull flag channel, and I expect it break out within few hours/days. The end target for this trade is 13K Satoshi. If EOS manages to breakout from this inverse head and shoulder pattern, then I will buy more EOS....
Hello Trader, Another self-explanatory trade. Lunyr is looking to break out in next few days. As you can see from the 4 hour chart, Lunyr just touched the down trendline. However, I do not expect Lunyr to break out this time as both RSI and stoch RSI are in the overbought region. However, it will be the good buying opportunity regardless. Earlier this year,...
Hello Traders, Looking at the 4 hour chart, Agrello just broke out from descending triangle pattern, and looking to start its bull rally again! This is a long-term investment (1-12 months) and I will not be doing any swing trading for this one. Just let it sits in your wallet and place selling orders at following targets! Entry: NOW! Target 1: 4500-4600...
Hello Traders, This trade is pretty self-explanatory. We see the descending triangle bullish pattern. In this kind of pattern, the length of red lines are usually the same. (therefore that would be our ultimate target) Please do wait until the breakout, there will be plenty of profit from this trade. Target 1: 38K Satoshi Target 2: 44K Satoshi Target 3: 55K...
Hello Traders, If you recall from my last analysis, I mentioned that 500-510 Satoshi is the major support for Tron and bounce at this level is a good indicator for next bull run. As predicted, Tron manages to find its support around that range, and looking to continue its bull run as the Main-net release is approaching. Looking at the 4 hour chart, we see...
Hello Traders, After 10 days of consolidation, Tron will most likely move in next 2 or 3 days. And here is why. Looking at the 4 hour chart for Tron, it is evident that Tron finally found a solid support at the red line that I drew. It bounced this red line on March 18th, April 5th, and April 12-15th. Coincidentally, Tron is also currently at the tip of the...
Hello Traders, After 3 days of bull run, it is time for some consolidation. As you can see from the chart, 70 cents has been a major resistance at the moment, and Ripple failed to surpass this point twice in last month. Both Stoch RSI and RSI are both in overbought region, so I expect sosme retracement from here. My initial target is 65.7 cents (23.8...
Hello Traders, Here is my quick profit idea for you. This will most likely work, but do at your own risk. Looking at the 4 hour chart for Wabi, I start to see potential cup and handle pattern. It is evident that there is a very heavy resistance around 11.4-11.5K Satoshi area so I would expect Wabi to bounce this zone and complete handle pattern. It is good...
Hello Traders, WOW, what an exciting couple days in cryptoland. Bitcoin just went up $1000 in just 30 mins! Now let's get down to business. While most of the alt coins were recovering in last 2 days, Tron is not moving at all. So what the F^&# is happening? As you recall my technical analysis from my latest update, I mentioned the possibility that Tron may go...
Hello Traders, Wow what a day! It seems like all the alt coins are recovering today. Looking at the 4 hour chart, I see a potential break out for VeChain. We saw that descending yellow top lines acted as major resistance in past few days, and VeChain just broke this line today. Currently, VeChain is confirming whether yellow line as well EMA200 can act as a...
Hello Traders, As you remember my last update, I mentioned if Tron does not get back to ascending black channel, we would see a surge in selling volume. And guess what happened? We see Tron lost at least 40 Satoshi since my last update. I see a lot of people posting about descending triangle pattern and predict there will be breakout soon. However, one thing you...
Hello traders, I don't usually post controversy ideas, but there is a very important findings that I want to share to you all. In my old analysis, I predicted that Cardano will break out after the inverse head and shoulder pattern. However, every time I made that prediction, Cardano always decided to bounce downward rather than going up. As a matter of fact...
Hello traders! After long days of side way movements, I think Ripple XRP is preparing for the explosive rally. Looking at the 4 hour chart, Ripple is exactly at the descending resistance line (orange) and looking to break out in next few hours. If you actually pay attention, XRPBTC pair just completed inverse head and shoulders pattern, which reinforces the...
Hello Traders, Wow, what a pump. People usually regard Tron as a "pump and dump coin", but there is always a "strategic"meaning behind those "pumps and dumps". And today's pump is because Tron will be listed on Bithumb. (ambcrypto.com) Looking at the 4-hour chart, TRXBTC is back to the ascending channel and looking to continue its rally. It is becoming evident...