Tag Archives: technical analysis
TA: XBTUSD 7-4-2018
A quick long setup for xbtusd 2.44% perpetual swaps on Bitmex. Currently in the third wave up, expecting one more bounce from the buy zone to the sell zone before a possible deeper retracement. short term: bullish medium term: bearish long term: bullish buy zone: 6616 – 6555 exit (depends on how deep we go […]
Continue readingTA BTCUSD 6-7-2018
BTC seems ready for more upside. Let’s break it down…. On the daily chart we have a symmetrical triangle, we have just tested the bottom of the triangle for the third time and are now trying to test the top of the triangle once more. A symmetrical triangle can break either way and is neither […]
Continue readingTA: ETH 5-21-2018
Ethereum is currently consolidating in a very narrow range and nearing the apex of the horizontal resistance and the uptrend, it has been on a very good run vs bitcoin but we do notice it’s losing steam (RSI trending downwards). Because Ethereum has been trading in such a narrow range we expect to see a […]
Continue readingTA: ARN 5-18-2018
ARN seems to be ready to go for a new market cycle. The coin has been in a steady accumulation zone for some time now and is about to break above the ascending triangle. Once we break the bigger triangle (marked by the yellow line) we will see a new marketcycle develop and with it […]
Continue readingTA: DTB 5-17-2018
Databits seems to have bottomed out and looks ready to start a bull run. The chart caught our attention because we saw several volume spikes indicating heavy accumulation. We just broke the downtrend and are now uptrending and it seems like a matter of time before the fomo starts. We are currently long databits and […]
Continue readingTA: SUB 5-16-2018
Substratum has completed it’s first market cycle and has begun a new one. The downtrend has been broken by the first wave up and we are now in an uptrend and starting a fresh market cycle. Substratum has reached our buy zone and we’ve started to accumulate. We are near the oversold level on the […]
Continue readingTA: BTC 5-16-2018
Bitcoin fell through support after having tested the downtrend line. Bulls weren’t able to push the price past the downtrend and as a result the bears pushed the price down past previous support. Currently we are in another support zone and we are seeing heavy bullish divergence develop. We expect the support zone to hold […]
Continue readingTA: Burst 5-15-2018
Looks like Burst is about to make a move. We broke the long term downtrend and have been steadily going up ever since. Current price provides an excellent risk to reward for a long trade. We expect burst to reach the upper line of the channel at around 442 satoshi. The trade becomes invalid once […]
Continue readingTA: Waves 5-15-2018
Waves has finished it’s market cycle and it looks like we are in the early stages of a new market cycle. The long term downtrend has been broken and we now see a steady uptrend. We expect to see some heavy fomo to kick in once we break the last high which would at the […]
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