


yarr
The Chart is showing several Reversal Patterns and that The Market Has found bottom. Let's begin with The Falling Wedge Pattern, which is considered as reversal pattern. This pattern occurs during the downtrend and ends up with Bullish Breakout. This isn't the easiest patterns to trade. Also known from it's false breakouts. That's why I have made list of important...
The Market is showing bullish momentum ever since The Price bounced from MA100 level and moved upwards from there. At the moment The Price is retesting Major Downtrend Line second time and if it manages to break upwards from here, then it would give us confirmation that the current trend will continue. Currently 1,000.00 is acting as psychological level and the...
The Price is retesting Uptrend Level second time. This level has acted as Support Level in the past but has turned in to Resistance Level . This time The Price happens to be at the intersection of Uptrend Level & previous Support Level zone which is acting as Major Resistance Zone now. This is where The Price might get rejected and start falling. New entries...
The price is inside the Symmetrical Triangle. Interesting part of this pattern is that it can break either way and it is important to be able to trade this either way and not to be over biased with your trading setup. Uptrend is supported by the golden crossover of MA50 & MA100 which is indicating the beginning of new uptrend. Histogram supports upward movement...
The Price bounced upwards from the strong support zone formed by MA50 & support levels of 7,900.00 / 8,300.00. Also the Price breached Downtrend Line (In the bigger picture this is top line of the Falling Wedge Pattern). Bullish Hidden Divergence supports upward movement which is indicating continuation in the price movement. The most important pattern is The...
Continuation of Uptrend is supported by RSI, MACD and Golden Cross of Moving Averages. Ethereum Classic shows strength here keeping within the Ascending Triangle Pattern while rest of the market has been Bearish. However, the closer it gets to the apex (without breaking uptrend line or resistance), the more pressure it will attain which means that the price will...
The price is forming pattern called The Falling Wedge and is considered as a Reversal Pattern. This pattern usually ends up changing direction of the trend upward. RSI & MACD are making higher lows while The Price is making lower low. This is indication of Bullish Regular Divergence formation and supporting that the trend change is going to happen soon. Also...
The price is getting pressed in to apex and showing real pressure. This pattern is known as The Descending Triangle which is indication of Bearish Price movement. At the moment it can break either way and it is critical to wait for proper breakout before opening a position on this trade. Breaking above from Downtrend Line and MA50 could indicate price going...
Like I have mentioned in my twitter that why 2018 will be all about privacy coins and why people are going to focus on them more. Safe Haven from the Regulations, People want hide their assets for personal reasons and many other things! Also it is expensive to hide your bitcoins and mix them with different wallets. Privacy is what people are wanting in almost...
The price is meeting yet another strong uptrend line which has acted as good support level in the past. The chart is showing us The Falling Wedge Chart Pattern which is considered as strong reversal pattern. We are at the moment in the intersection of Uptrend Level, Bottom Level of the Pattern and strong support level of 6,000.00. So what should be expected next?...
This chart is giving perspective how strong bulls have been over these years. In fact as you can see in the chart that current fall in the value isn't the greatest fall after all. Many of you are wondering and asked from me why the value of bitcoin has dropped so critically and rapidly? While there are not any clear reasons behind why bitcoin's price has dropped...
The Price reached strong support level zone where the price bounced back up but did not manage to break uptrend level which is acting as resistance now and the price fell back in to strong support level zone. If the price manages to break the Uptrend Line this would signal of possible trend change. Buy orders can be set above of the local swing high and only...
The price movement of Kyber Network has created The Ascending Triangle Pattern and in this scenario this pattern is considered as continuation for the price action which is upwards. MACD & RSI supports upward movement. The price has already breached resistance level few times and returned back inside the triangle leaving long wicks behind. It is important to wait...
RSI & CCI both are showing Bullish Hidden Divergence which is signaling that the price will continue moving further upwards. MA50 & MA100 crossing is supporting upward movement and indication of trend continuation. Buy orders should be set above of these downtrend lines. The price has to break Downtrend Line to move further upwards. What if the price rejects...
BTCUSD UPDATE: The chart is showing us The Symmetrical Triangle chart pattern. RSI & MACD are supporting further upward movement in 1h chart by showing positive divergence (continuation). The price is hovering at strong support level formed by MA50 level & support level of 11,261. If the Price can't bounce from this area it is likely continue move further...
1h Chart is showing Bullish Divergence which is supporting the upward movement. The price bounced from the strong support zone and consolidating above the support level of 924. If price rejects resistance level 1075, it does not necessarily mean that the price is going to move further down. Instead it is good to search for a new trading opportunity from this ideal...
The Market is giving us a new trading opportunity. Chart is showing The Falling Wedge Pattern which is considered as Reversal and Continuation Chart Pattern. Price is heading towards the intersection of two trend lines which are uptrend line and downtrend line. The Price has not been able to break longer term uptrend line and is acting as strong support level....
Ripple is reaching apex of The Symmetrical Triangle Pattern. This pattern is known from it's explosiveness and once it breaks, it will do it rapidly. One of the few patterns that can break either way. At this point it can break either way too and it is important to wait for a break out signal than to buy too early. Be Buy orders should be set above MA100 at 1.7...