Friends, LTC price now is forming a classic H&S pattern as showed in the figure. We gonna enter short when price break the neckline, with the target is the last bottom, around $25 - $27. Have fun guys
Friends, found couple of confirmations to entrance short position of BCH now: 1. Double tops pattern formed. 2. Failed upper bollinger band break through, marked by yesterday red candle with long wick. 3. Price was unable to break 0.618 retracement level. Stoploss only when price closes above the candle wick, and possible take profit point were noted by green...
Friends, found couple of interesting points to show for you guys. BTC now is staying around 0.786 Fibo level, but is it repeating what happened before or going to improve that history will not repeat? First time: Second time: Third time: Forth time: Leave comments and follow me to discuss and receive more interesting ideas. Regards,
Friends, There are reasons I think price will continue consolidation before rally again. With the current situation I expect more money will be spent to accumulate gold, thus push the price increase higher. 1. MACD made death cross on 2H interval, seems like the bulls are tired now, need relax 2. The pattern now looks like three top, one of the confirmation of...
Hi friends, BITFINEX:BTCUSD now is still moving inside the wedge. Nothing much to analysis now but possible plan will be: 1. Wait for the price retraces back to the blue trend line then go long till $8000. 2. Wait till price retraces and breaks the blue trend line, then we can short BTC with taret at $6950, $6500, $5700 or even $4000. This pattern seems...
Dear friends, Gold has performed really well and showed that the early crash was only an accident. What would we expect from gold next? Increase, of course, in my point of view. 1. Price starts to climb over the ichimoku cloud, also seems like the lagging span will cross the price line soon. These are very good signals for us to hold more gold. 2. The price...
Guys, so..the halving event is now get closer, how do you think about the days after it? Currently I read a lot of articles talking about how this event can impact to the price, so in this article I just want to share my opinion. Please like leave comments if you found it useful. Talk about technical view first, here is the log scale chart, you can easily found...
Generally, signals from 4h chart have indicated advantages for the bulls, but my opinion now is to wait few more days before actually entering long. As you can see, we have an impulse way from 23/3 and finish when price crossed the green trend line at 22/5, and now the correction period seems to finish as price climbed over the important red resistance level...
Hi there, The situation now is very bearish for BTC and for all the crypto market at the moment. Price is testing the $6400 support zone, but once this level is broke, we can expect for a short-term bull rally. I strongly believe that BTC will retest the $6000 soon, may be few hours after this post, since all the signals are now very negative. Look at this 4h...
1D chart: USD/JPY is squeezed inside a huge triangle pattern and seems to finish the last wave of fifth-waves pattern. Price is moving close to Ichimoku cloud, also RSI indicates the bulls still have slightly advantages compare to bears, so there are three possible scenarios: It can either go up to break the triangle and continue to soar, or to decline further to...
Hi guys, Some positive signal for XRP after sharp decline from 0.967$ zone to set a new low at 0.54$ yesterday. However, a new double bar pattern has shed light on a short corrective for XRP. Generally, price is moving below Ichimoku cloud with a fair volume, and also new lower highs and higher lows indicate that downward still is the main trend, so the expect...
Hi guys, there is the fact that BTC still stuck on an long term corrective period so at the moment we can't expect any significant recover in BTC price. However, please bear in mind that Sharks and Whales can enter the market anytime they want, so stoploss is always essential for successful trading. As my opinion, you can see in the chart, BTC price is...
As nothing positive published from the 2018 consensus, we could expect the price of coins to depreciate little more. ETC has performed normal as others so far and we can expect to gain more benefit from our short position. Sell: around ~18$ Take profit: 15.7$ or 14.3$ Stoploss: 18.8$
Bears now still dominance the market, as ETH could go down further to retest 635$ level.
Some early signals indicate AUD could decline lower. It's my opinion, not to recommend anyone to follow it. Safe trades guys!
BITFINEX:OMGBTC As I described before, now Bitcoin price starts to fall since some speculators want to close their positions as BTC shows some reversal signals. This is my favorite crypto pair and I only believe on Fibonacci analysis so maybe you guys will find out that my system is very simple. OMG has failed to break the 0.786 level as indicated in the daily...
BITFINEX:OMGBTC Bitcoin shows some tired bull signal so now is time for altcoins. OMG price has broken the first resistance level (0.00094) so next target will be the second (0.00107). Once the price breaks the trend line, the bull signal will be confirmed.