Technical analysis:
KOMODO/BITCOIN is in a range bound and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone...
Technical analysis:
AUGUR/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 59.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (0.0036 to...
Technical analysis:
VERITASEUM/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support and it touched the strong uptrend line in Daily Chart .
In RSI the downtrend was broken and "Bullish Exit" is occurred.
The RSI is at 51.
Trading suggestion:
The price is in a range bound, but...
Technical analysis:
VECHAIN/BITCOIN is in an up trend and Resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 71.
Trading suggestion:
The price is in an up trend, but we forecast the uptrend would probably resume.
There is possibility of temporary retracement to suggested support zone...
EOS/DOLLAR
New trading suggestion:
*The price is in an up trend, and we forecast the uptrend would Continue.
*There is still possibility of temporary retracement to suggested support line (0.00132), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price...
BITCOIN/EURO
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (6299.85) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes...
The unprecedented rally in the crypto-currency space was baseless and hyper inflated surpassing the infamous "Tulip Mania" of the 17th century. With absolutely no intrinsic value for the asset class, the collapse of this bubble was inevitable.
The regression trend seems bearish with constant lower-highs ever since the historic high of19891 on the 17 of December...
As you can see, we have already been through a similar fall int he past from $11,500 all the way down to $8,800. To those of you who think BTC is dying, please remember that everyone thought Bitcoin was dying during this time too, that's why they sold.
Bitcoin
CMP - 896
Here, I have drawn the important lines.
Now trade their support, break and retest.
Have a specific strategy of position sizing and stop loss which suits your trading plan.
Personal suggestion - After entering on a signal candle, exit the trade when 2 more candles are formed, the close of it, that is, 2 hours.
Thanks.
