Hello Traders, If you recall from my last analysis, I mentioned the possibility of Tron following the Elliot Wave. However, because of Bitcoin correction in last few days, I felt the urge to change my analysis for Tron. So let's get to it. Looking at the daily chart, Tron finally found a strong support at 758 Satoshi after 2 weeks of consolidation. This level...
Hello traders, Nuls is one of the alt coins that stayed positive while Bitcoin was correcting last few days, and I feel like the bull momentum has not disappeared yet! After an explosive rally from April to May (100% profit), it is very common to have 50% retracement. I expected Nuls to retrace at least 38.2% Fibonacci or even double top formation last few...
Hello Traders, After huge bitcoin correction in last couple days, there are few alt coins that stayed very strong. One of them is BATBTC! Looking at the 4 hour chart, we see that BAT is forming this potential inverse head and shoulders pattern, which is a bullish sign. I expect 4337 will be a heavy resistance for next few hours as we see this level acted as...
Hello Traders, After 3-4 days of Bitcoin correction, it is time for alt coin recovery again. I am very a big fan of NULS, and I see a very bright future ahead for NULS. Looking at the 4 hour chart, NULS is at the edge of bullish pennant triangle pattern and it is imminent that NULS is looking to breakout in next few hours. NULS established EMA 50 as a...
Hello Traders! Looking at the 4 hour chart, we see that ICON is in the process of finishing right shoulder of this inverse head and shoulder pattern. This idea is reinforced by the formation of bull flag formation indicated in the chart (white) The target for the bull flag breakout is 54150 Satoshi (orange line) and this level has acted heavy resistance...
Hello Traders, As most of people know, EOS will be releasing their mainnet on June 2nd, and we saw a lot of people were already hyping up last month. Looking at the 4 hour chart for EOS, we see bullish pennant pattern is taking place, which is a bullish signal. The target for this pennant pattern is 24.2K Satoshi. Even Elliot Wave suggests that the target of...
Hello Traders, I normally post some profitable trades in the tradingview, but I find this chart very interesting. I am the big fan of binance coin and I see a very bright future ahead, but technical chart is telling me that there may be an imminent dip. Looking at the daily chart for binance coin, we see that head and shoulders pattern is about to reach its...
Hello Traders, As you probably realized from my analysis, I am quite interested in small project (under 100 million dollar market cap) and Bread is definitely one of the projects that I am willing to invest in long term. Those small project are definitely high risk investment, but hey high risk high grains right?? Looking at the 4 hour chart, BRDBTC just...
Hello Traders, Welcome to the exciting new update for Tron! Looking at the 4 hour chart, we see that Tron is still in the process of correction after the huge rally from April 24th to April 30th. Fortunately, I think this correction is almost over and we are going to have another rally very soon, and here is why! Please see the Elliot Wave drew in the chart....
Hello Traders, Most of the big caps are start moving, but Ripple has not moved since pump in mid April. Looking at the 4 hour chart, Ripple formed triangular pattern and it is almost at the tip of this triangle. I first suspected bear flag formation, but this theory was rejected when there was an increase in buying volume yesterday. However, I see an...
Hello Traders, I have been monitoring the movement of Agrello very closely in last few days, and I think big breakout is imminent. After the initial breakout on April 17th, it seems like orange trendline is acting as a strong resistance at the moment. This trendline was drawn by connecting the peak from Jan 14th, which I suspect it to be a very very heavy...
Hello Traders, After 2 weeks of massive bull runs in bitcoins and alt coins, it is about time for another correction. I see a lot of analysts constantly updating their technical analysis and constantly changing their point of view. Yes, it is important to be adaptable in crypto environment, but I feel like it is really not an analysis if you can't predict what...
Hello Traders, If you do not know what Po.et is, you should really look them up! It is another great project, and I am very interested in where this project will take us. Looking at 4 hour chart, I see a really bullish setup for Po.et and here is why: 1) Po.et just touched down trend support, horizontal support, and up trend support. 2) Stoch RSI turning...
Hello traders, Let me start off by saying that I LOVE NULS! NULS is not only a great project, but also the chart is just a thing of beauty. Let me decode why NULS TA chart is very beautiful. Please follow along my step and tried to understand each step. If you have any questions please feel free to leave the comment! 1) Initial breakout on April 18th -->...
Hello Traders, Wow, what an exciting month in cryptocurrency community! I am hoping that many people got sizable profit this month! For my last Tron update of this month, let me give you some of my future prediction for Tron. Looking at the daily chart, we see doji candlestick at the moment, which indicates that indecisiveness between bear and bull....
Hello Traders, SONM is another project that I am very interested in, and I see SONM can be direct competitor against Substratum! Looking at the 4 hour chart, I see many bullish signal for SONMBTC 1) 1st breakout with high volume --> low selling volume: bullish! 2) MACD crossover --> bullish! 3) Bull ascending pattern --> bullish! 4) EMA50 support -->...
Hello Traders, This is going to be very complex trading strategies so if you are not comfortable with swing trading, please do with caution. Substratum is one of the cryptocurrency that follows closely with Pitchfan trend. If you look at my 4 hour chart, We see that most of the dips and peaks occurred at Pitchfan trendline. Currently, we are at the bottom of...
Hello Traders, Looking at the 4 hour chart for NEOUSDT, NEO just bounced at one of the major resistances ($80). I expect NEO to go side way movements or maybe dip a little bit in next few days and here is why. Reason 1: Potential Inverse head and shoulder patterns If this is the case, then NEO needs to form the right shoulder. 23.6% retracement is acting a...