Technical analysis: . IOStoken/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 31. . While the price downtrend in the Daily chart and the RSI (#1) is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of...
Technical analysis: . DOGECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . The price...
Technical analysis: . PIVX/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 31. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. . There is a valid and clear divergence...
Technical analysis: . STELLAR/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. . While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of...
Technical analysis: . LITECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. . While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of...
There is a neckline of irregular head & shoulders of the daily scale. The place is 6000. daily Looking at daily, the raise after the neckline 6000 touch is not strong. It retries again to 6000, and if it fails it is long trader dominance, but if it reaches around 6000.0 it is considered to be a short continuation. Most recently, MPP (P) 6641.8 is not...
Technical analysis: . REDDCOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. . The Falling Wedge taking shape and as a bullish pattern suggest we will soon see another leg higher if price break and close above downtrend. Trading suggestion: ....
Technical analysis: . QUANTSTAMP/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 33. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary...
#BTC in a larger channel. Price consolidation happened after this fall. NO BIG WICK means price may fall another $50-100 to touch the channel support. Will place some longs now and some after it touches the channel support. R/R - 2:1. Looking to touch $6500ish.
#BTC in a larger channel. Price consolidation happened after this fall. NO BIG WICK means price may fall another $50-100 to touch the channel support. Will place some longs now and some after it touches the channel support. R/R - 2:1. Looking to touch $6500ish.
Technical analysis: . WALTON/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue. Trading suggestion: . There is still a possibility...
BTC has been ranging on the daily but on the 4H it seems to be forming an H&S pattern which is confirmed by the volume profile. A break below 6430 will confirm the pattern and will onset a downtrend. Further the RSI seems to show bearish divergence on the 4H. If the price action breaks above 6700, this pattern would be invalidated. Therefore, a little patience is...
looks like btc has found some good support the the short term 1/1 gann, if we keep bouncing and break the 0.618 fib there at 6700 we can go to o.5 fib at 7200, where we also have the 2/1 down trend gann taken from the 20k top.
Technical analysis: . BITSHARES/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 dynamic support. . The RSI is at 59. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . The price...
Technical analysis: . IOSTOKEN/BITCOIN is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . The RSI downtrend #1 & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . The...
Hello Friends, This is the first TA I'm going to publish. From past few weeks, I've been trading following my TA and it has provided decent returns. So, I thought of publishing it :) Bearish Signs: a. Rising wedge - Most of the times it breaks down. b. RSI and Stock RSI are relatively high c. MACD nearing bearish crossover We have to consider the fact that we...