Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line (I don't recommend to sell in loss.)
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell when you get some profit. Good Luck!
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What's next for Bitcoin?
#BTC/USD Technical Analysis
The BTC/USD surpassed the 50-day Simple Moving Average which was at around $6,600, a perfect confluence with a former resistance level. It capped the digital coin earlier in the month. The Relative Strength Index (RSI) turned positive and only Momentum is slightly negative.
Price just hit U$6,800, as we...
There was a big drop on BTC, but volume started to pick up, and market decided that it was ready to go Long.
It is always very dangerous and difficult to trade on Cryptocurrency and Bitcoin, but there are signs of changes, and on good thing to look is the market flow.
On Aug. 11 we posted a go long chart, to subscribers, because we could se a...
Hi Followers and Friends,
I hope you ARE with Big Profit on your Wallet $$$, riding the waves like a pro. We could see the big wave coming when almost no one could believe.
We did see it and believed in it, so we could be at the right place when the wave came.
So far, 42% profit could be very easy with my predictions.
Taking into account all technical indicators and fundamental basis we conclude that the price should dip a bit more closer to the Fib 0.618 support level. Then there should be a trend reversal and a good short and mid term growth. Overall global correction of STEEM price is about to finish.
We detected a bullish XABCD pattern. The price should go to the upper edge of the formation and then fall back to the 0.00000225 level. When it consolidates there it will reach our second target. Indicators confirms this scenario, a nice chance to conduct a profitable short term deal.
Bearish Butterfly was formed and the price should go dip to the support zone mentioned on the chart. Stoch RSI confirms trend reversal. If the price manages to consolidate in the tested support zone, there will be a bounce from it to the upper point of XABCD.
We detected the Cup&Handle formation. Technical indicators are still bearish. Nevertheless this coin has a great fundamental basis. Moreover, the price is above Ichi cloud and Stoch RSI is in oversold zone. We recommend this coin in the short term.
We carefully track ETH since its dump to $580. Our analysts team thinks that the price will head to the Fib 0.618 level from which there will be a rebound to the upper edge of the triangle. There are two reasons for this scenario. Firstly Ichimoku cloud is now a strong resistance for the price upward movement that is why it should consolidate a bit more to break...
A huge volume growth moved the price till the upper edge of the Triangle. Then the price broke through it and passed 0.618 Fib resistance line however then volume reduced significantly and the price went down breaking the ascending channel down. As we can see there are 2 options now. The price can go to the upper edge from the current point as Stoch RSI is very...
The coin with a great Fundamental basis (BTC fork with privacy) moreover it has a good technical status: Moving average (30,50,200), Bull&Bear indicator and Momentum (10) indicate growth. Stoch RSI was oversold so there was a trend reversal and currently reversed H&S pattern is forming. This will bring a new wave of growth in the short term.
The price returned to the channel because of Cup and Handle was formed we expect a break out of it soon, as fundamentals of this coin are great and technical indicators Williams Percent Range (14), Commodity Channel Index (20) and Hull Moving Average (9) confirm this. Buy in suggested range and sell 70% at the first target. Risk is medium due to possibility of BTC...
The price movement went out of the triangle and formed the XABCD pattern. MACD (12, 27) and moving averages indicate a further growth. The price can form 5 Elliott wave pattern if it bounce from the Fib 0.5 support level. We will carefully watch this coin and provide you with all updates. For now it is a good trading opportunity.
Moving averages and Momentum indicates a good moment to buy, the volume is also rising it went above $500 bln. first time during this February. The price reached Fib 0.618 and didn't managed to break through resistance. However price consolidated and bounced from bottom edge of ascending channel near the strong support level of $10000. We expect further volume...