ETH/USDT has been trading below 200 ma and formed a bearish continuation pattern called being rising wedge. Rising wedge can be formed in uptrend & downtrend too.
As ETH is sustaining below 200 ma line , it indicates that bears are in control & we can see some more fall. Levels are drawn for trades. Look for shorting opportunity once support of the rising wedge...
ETH/USDT has been trading in downtrend below 200 ma. There are lot of levels which can confuse traders while trading. We suggest to go long only when ETH sustains above 200 ma. Go for short once levels are triggered.
BTC has been moving in range making HH & HL. For short selling wait fir the trendline to be broken and for buyers look for the possible high to be broken. For buyers wait for the upper trendline to be broken.
ETH/USDT has broken its major support trendline but couldn’t sustain to stay above 200 MA for a long time. While posting this ETH is trading in a range market, making a bit dicy for confirmations. Looking at the chart patterns we could plot HEAD & SHOULDER pattern. Once the neckline is broken we can look for short position and target can be the length of the start...
Xrp was in news for a couple of days and since the last news in favor with XRP, it resulted in a good buying volumes. Follow me and stay updated on different crypto news and stocks analysis.
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The weekly candle is now complete and we have a bullish close at $59016.39 for BTCUSD.
Last week closed higher than the 15-Feb. week where Bitcoin hit its previous All-Time High.
The current All-Time High on this exchange (BitStamp) is currently set at $61781.83, hit on the 13th of March.
As Bitcoin grows, the Altcoins market is also doing great and showing...
We are right where we started back when Bitcoin was at $15,000 USD... The market looks overbought but the Bitcoin price continues to increase.
Let's have a look at the shady price action:
First, looking at the 1H timeframe, we have these steep drops that are quickly bought up, as if some magical entity/ies is trying to...
The "Stimulus Pump" is real and it is now being felt on the Bitcoin's price.
Ever since the 1.9T Covid checks were approved this past weekend, we have been seeing the bulls jumping back on top.
Now that the news is in, prices are starting to go back up.
The last high is the next resistance at $58,350 but we can go higher based on the short-lived retraces and...
". There is a possibility of temporary retracement to suggested support line (222.50).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at...
Just like Bitcoin, Ethereum (ETHUSD) will also resume growing but only after seeing lower prices.
It is normal to have a correction after such strong bullish action.
Here we can see that ETHUSD is already trading below EMA10 weekly, sending out a strong bearish signal.
(Note: Candle closure later today is needed for confirmation of this signal. ETHUSD most...
Let's look at the positive side and hit like...
Bitcoin is bearish after some really strong bullish action, but this is just a healthy correction taking place.
Yes, we see Bitcoin going lower since the 22nd of February but the trading volume is low and we continue bullish mid and long-term.
We are likely to see prices bounce to ~$50,000+ when EMA50...
Icon is the most undervalued coin in crypto right now. Fundamentally everything about this project is set to explode. The staking rewards are amazing roughly 13%. You can stake on binance, iconfi, bithumb, and coinbase is definitely next!
Icon 2.0 is due for release soon. The amount of patnerships this company has is amazing. You have a couple defi projects...
Seems like we're creating a parallel channel in the weekly logarythmic chart. Target is the upper resistance of this channel. Depending on how long it takes to reach it, prices between $550 to $600 are possible.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.004523). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BNBBTC Binance Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a...
The excitement starts early today for Bitcoin (BTCUSD) with prices already reaching new highs.
How far up can we go today?
Since 5-Feb., we have $65,000 as our main target.
You can see it below:
And here:...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (137.0800).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a...
Weekly Macd Bullish
Daily RSI breaking resistance
Held up good against btc.
Trendline breached and on FTA now
Disclaimer - This is not a financial advice.
