Bitcoin (BTCUSD) continues trading within a range and is now aiming back up at the $45,500+ resistance level... This is the best possible scenario for the smaller capitalized Altcoins. The longer Bitcoin stays within this range, $34,000 to $45,500, the more the Altcoins can grow. Money that flows now into Bitcoin will flow back to the Altcoins; once more. As...
VIDT Datalink (VIDTBTC) has gone through a very painful 6 months of bear cycle. That's over 180 days of prices moving lower... But this can be good news, right? In the past it has taken shorter for the bearish wave to fully complete. We saw a bear cycle lasting 168 days from top to bottom. We saw another cycle last only 72 days from top to bottom. We can say...
The Doji, which came up yesterday for ADAUSD, signals lack of momentum/indecision and also favors continuation at this point. We see prices trading below EMA10. This is a decision point. Here we have a "critical support". If this level break, we will see a strong drop. At the same time, a reversal can happen anytime but the technicals are currently favoring the...
We have two reversal candles on the EPSUSDT (Ellipsis) chart. One came on the 22-Jan 2022. The second one came on the 24-Feb (02) 2022. Yesterday's closed with a high wave candle above EMA10. The trading volume is still low but starting to pick up... This is early (I like early because of better potential for profits and lower risk)... All the details on the...
We have 6 green consecutive candles as Contentos (COSBTC) continues with its conoslidation phase. Notice we have a higher low compared to October and also a falling wedge. This same signals we saw with Polkastarter (POLS)... Did you see what happened today? Check the related trade ideas below... A very strong price jump (155%+). The same can happen with...
The Graph (GRTUSDT) has gone bullish... If only we knew yesterday about this one... :D We have the highest volume since February 2021 right before a massive bullish wave. Another one can be starting now, we can tell because prices are moving above EMA50. Confirmation comes on candle closure TODAY. EMA50 stands at 0.4103. Closing above this level, we can...
POLSBTC has done better than VITEBTC. We can see a massive breakout with 155%+ on today's candle. We have a higher low. The second biggest volume daily. And a falling wedge. Remember, what one does the rest follows... Expect the other small altcoins to also grow. Buy & hold. Namaste.
While Bitcoin continues with its sideways consolidation before capitulation, the smaller Altcoins are having their turn. We have a big trading range, which is good for the Altcoins we trade. The bears and bulls are fighting but the bears have the upper-hand. The trend is down while prices are trading below EMA50 ($40,724). Above EMA50, the bulls enter the game...
VITE takes off on really high volume and prints 80% on today's candle. We have the highest trading volume since April 2021. We can also see prices moving above EMA50. Daily candle closes within 35 minutes. A new bullish wave is about to develop... Right after you buy, you set your sell orders on target. Here is the chart:...
TSLA lost its support last week and is looking fully bearish. We see a 35% drop incoming in the months ahead and up to 60% RED if things get really ugly. It won't matter to Mr. Musk as he sold at the TOP back in November (Genius). The market cycles are part of nature and will continue to manifest themselves regardless of any one person, group of person,...
Back in 2020 Reserve Rights (RSRBTC) printed a massive 900%+ bullish wave. The same support level that lead to this wave has been activated... There is good potential for a new bullish wave. Additional details on the chart. Can you see what I mean? Keep in mind that the charts are changing everyday. Namaste.
I am not saying that it is going up... I am just saying that the potential is there for prices to jump. Since the same level that lead to a bullish wave last year is being activated, we can see a reversal because a bounce is happening on this support. Remember to plan your trade. This is only good if you plan what to do if prices move higher. What to do if...
MDXBTC Hit a new All-Time Low early this month (2-March). All-Time Lows are great because it tells us that once a pair reverses there is so much room for growth. A bullish run ends in All-Time High, a bearish run ends in All-Time Low. If the bearish run is not over, we can easily get a bounce so a low risk trade is possible nonetheless. Multiple attempts at...
The October 2021 support has been activated once more. When this support level was activated last year OXTBTC went a bullish wave. Another activation and the same scenario can repeat... Check the chart for the targets. Namaste.
We have a descending channel on the PIVXBTC chart; ready to break. We are being guided by the candles on 10-March and Today. Low risk and high potential rewards, the best type of chart setup for your trades. This is not financial advice. Additional details on the chart. Namaste.
Navcoin (NAVBTC) is now on a strong bullish breakout signaling that the trend will change. We have high volume, strong bullish candles and a break above EMA50 today taking place. More details on the chart (targets). Thank you for reading. Namaste.
We have the classic falling wedge pattern on the IDEXUSDT chart. We can see volume going up as an attempt is happening to break out of this pattern. An "attempt" because we consider this confirmed only after the daily candle closes. Previous support is being tested and holds based on the challenge of EMA21 and a higher low compared to February 24. It can...
We have two reversal candles printed here on the RSRUSDT chart. The first one came in the form of a hammer 24-Feb. The second one a Doji 7-Mar. This is followed by a higher low and now a break is happening above EMA10. Additional details on the chart. This is not financial advice. Namaste.