Hi Traders, IOTA is also looking good, tested the bottom of the formation and also looks like it was the last of the liquidity gathered on that last move down. Its already tested the top zone once but it could come back into it for prices to then break up through the formation. As always if you enjoy the content don't forget to click the like button and make a...
Hi Traders, Looks like CTK has completed the Head and Shoulders formation and setting up for a LONG very soon. We could see a straight push back up in price through the MA's or see price consolidate in the short term (a push up to the MA's and back down into the top zone for buy volume to show itself and then prices to push back up to the buy side). It needs to...
Hi Traders, UNI is looking good for a LONG very soon. Price could either break straight up or we could see a test at the pivot for a fall in price within the zone to then break up and create a new high! As always if you enjoy the content don't forget to click the like button and make a comment on your opinion. Thanks MS...
Hi Traders, So BTC came down to the bottom zone as support (see previous post). We saw an over shoot out of the zone as the move down was combined with bearish news from Tesla. We're currently seeing an ice push back up with good buy side volume coming into the market at $46000. We should see a push up towards the 0.618 to continue the bullish trend. However, as...
Hi Traders, ENJ has currently formed a Head and Shoulders formation on the Daily timeframe. The second shoulder has failed to provide any volume with creating a lower high and a lower high shoulder compared to the first one. As this has formed not he daily timeframe it must be regarded as a strong formation and therefore a large move is due. Volume has tailed off...
Hi Traders, XLM is currently very much in a bullish channel. The way it currently looks its set for new all time highs very soon. We will look for support in either of the confluence zones drawn on the chart. Increasing buy side volume can also been seen which is a good indication for prices to break out higher. As always if you enjoy the content don't forget...
Hi Traders, XRP is currently conforming to a pennant and creating lower highs. We can expect prices to fall into the confluence zone drawn on the chart and hopefully we see some strong buy side volume to push prices higher and out of the formation. If we do not get a good push higher with buy side volume then we will look for support at the bottom of the...
Hi Traders, ETH is still looking good to push higher but there is signs of buy orders being taken out of the market. As Crypto Total Market Cap is still looking bullish we expect ETH prices to continue to push higher and we're predicting prices to edge close to $5000 before seeing a potential pullback. We are either looking at a small pullback to the 0.382 FIB to...
Hi Traders, BTC is creating a rising wedge. Its rejected the top 4 times. Its currently within a high volume concentrated confluence zone. There has also been an increased amount of sell order on the last rejection of the top of the wedge as seen circled on the accumulation and distribution indicator. If we get a break of the bottom of the wedge we will be...
Hi Traders, We're back with a market update! Looks like a sell off has begun. The total market cap chart has seen a large sell off volume bar as it touches R5 Pivot. Total Market Cap for Alts is also seeing a sell off in combination with the BTC Dominance chart continuing to fall lower too. This is clear profit taking and one should expect prices to fall down as...
Hi Traders, Again, we thought that it would be useful to give you an overview of the total crypto market cap. Is the end of the bullrun near? Thats is the big question.... We thought to do some research and compare the % move from the last bullrun to the most current on ewe are in right now. As seen on the chart you can see that the last bullrun saw an...
Hi Everyone, We've got you a BTC update! So we thought it would be useful to give you a more birds eye view approach on BTC hence the update being done on the Daily timeframe by doing this it enables us to have more of an understanding of the overall direction of BTC and the strength of the move. So as you can see drawn on the chart BTC is conforming to the...
Hi Traders, We're back with another ETH update! So a follow up to our last update, price has pushed much higher and creating new all time highs. As prices push further into unchartered waters the best way to predict prices is through potential psychological price levels and looking at price rejection of past resistance into new support. As you can see circled in...
Hi Traders, We're back with a BTC update as we enter a new week and new month! So last night we saw a pullback to the 0.382 FIB, Pivot and the 100MA 4HR. We will need to see some increased buy volume for the push higher. Total Market Cap is also pushing higher which is a good sign. If we manage to break $58900 we will then look at the two top zones as resistance...
Hi Traders, We've got you a follow up post to the last ETH update which can be found attached to this post. As explained on the last post ETH was still looking very bullish which saw a new all time high being set. As it stand its still looking bullish, we will have to watch out for a a potential wedge being formed. Buy volume also dropped off as you can see...
Hi Traders, ADA looks like its more developed, seeing a strong rejection of the volume level and 0.382 FIB, it can still come down further towards the 0.618 FIB but the TA is looking strong as it stands. Once prices start pushing higher you should be looking at price action as it edges closer to the top resistance line. If this can be broken you can start looking...
Hi Traders, A follow up update to the last BTC post! So recently we saw the healthy push up in prices into he top zone drawn on our last post! Currently we saw a rejection of that zone with total crypto market cap finding resistance too. Some can now expect a pullback from here either to the 50MA or lower down to square up the last leg up into the FIB levels....
Hi Traders, XRP prices have failed to close below the 200MA 4HR in both attempts and now more recently seen push higher forming a higher high. Its tested the resistance zone and currently making a pullback, it look like we'll see a push up towards the 100MA 1HR which has been circled. However, it will need to be noted that prices have fallen over 50% and...