Hi Traders, Hope everyone has had a great Easter holiday! We're back with a BTC update! Prices have made a lovely and strong push up! Looking extremely bullish, price pullback to the 0.382 FIB and rejecting the 100MA twice signalling it wants more! If price manage to stick to the top zone then we can expect a push higher and an attempt to break ATH. The ALT...
Hi Traders, Happy Easter! We're bringing you a quick BTC update. Currently testing our resistance zone. If it fails to break to the up side then we will look for a further fall in prices. We have currently drawn up two support zones as you can see on the chart. These are the two areas we will look for support to be rejected and for prices to bounce. However it...
Hi Traders, Thought it would come to some use for you guys if we done an update on BTC after the nice push up we have seen this last week. Currently looks like momentum has tailed off a little with the RSI now overbought. We can expect price to pull back down towards the 0.382 FIB 4HR where there is plenty of volume, however we may get a small overshoot to the...
Hi Traders, We're back again for another week and we're starting off with a BTC update! Currently, price is going for test of resistance,we can expect price to be somewhat volatile as this week is the end of the month and the start of April. So we can also expect the ATH to be tested again for the month April. The 0.618 is sitting at $57500 so we can expect for...
Hi Traders, BAck with a end of week BTC update! BTC seems to have found support near the 50k mark. We're looking for a rejection of the lower zone to turn past resistance into support. This will be a good entry to go LONG if the zone is rejected. If this is so you should be looking at price action as it near the 0.382 FIb level (upper zone). For FREE crypto...
Hi Traders, Back with another BTC update. Currently rejected support at $51500 and now consolidating. Price can go either way from here. If we get a push up and out of the consolidation range with buy volume support we can then take that as confirmation of price moving higher. However as it stands there's still yet to be buy volume to come into the market. Its...
Hi Traders, Moving on from our last BTC update post. BTC has moved through past support and resistance and now is searching for new S/Rs. Currently sitting/testing our pivot point and the 200MA 1hr. If we can get a break of this level then we will watch price action as it enters our zone just above. This is where we can start looking at a potential rejection of...
Hi Traders, Keeping you guys updated on the movement of BTC. BTC has currently rejected the trendline spoken about in our last post. So now we're looking for resistance to change support. Looking for price to push into the 2nd zone however we may get an overshoot to the 1st zone, if this is the case even better confirmation of the bullish sentiment. After...
Hi Traders, An update to the current BTC analysis. Bitcoin is at a critical point, if price breaks the upward trendline which its been holding since January breaks then we can expect to see a large sell-off. However, as it stands it found some support on the trendline and is showing early signs of rejection, albeit not great it is holding the trend and the 200 MA...
Hi Traders, Hope everyone has had a great weekend! We're now back with another BTC update! We've seen a rejection of the above trend line BTC is currently sticking to, and now testing our pivot point. It looks like the pivot will be broken which will bring price into the next support zone seen below. We'll look for a rejection within zone for price to then push...
Hi Tarders, Another update on BTC's price action. Price broke up through our zone and is now testing support. We could still see a small push down towards the pivot point which can be found just below the zone. Overall, due to the break through the zone BTC continues to look bullish. Next test will be the ATH in the top zone. Thanks The Market Sniper Team
Hi Traders, Another update on BTC. Currently rejecting the support zone, if we get a nice push up we'll look for rejection of resistance in the 2nd zone. If this zone is rejected we'll watch for a rejection of the Pivot (potential support) for a confirmation that price wants to break the 2nd zone. If this is the case and we get a break we'll then watch for price...
Hi Traders, An update to the current BTC movement. Price is currently rejecting and sitting above the 50MA on the 4hr. Price is also sitting above a nice support level/zone which you can see on the chart. We will get a better picture of direction win the next 2/3 4hr candles. If price breaks the current support zone then we will look at support around the...
Hi Traders, An update on LTC. As you can see price is in a range, with average volume increasing, this is a sign that a big move is due. The question is what side will it break? Sell side volume is larger than buy side however it can be sent that the size of sell side volume bars are decreasing with accumulation increasing within the ranging period. This begs the...
Hi Traders, An update on ETH. Again, we've seen a nice push higher after the bottoming at the end of last month. Currently, in some sort of a range between the two grey zones. We'll probably see some ranging between zone until we see a rejection in either zone and then to break up or down through those zones. Just like BTC you can clearly see that sell side...
Hi Traders, An update on BTC. Recently we've seen a nice push up from BTC and the ALTs from the respected pullback which ended on the 28th FEB. The move up has seen some weakneding with sell side building up. There has been a double topo formed however as it stands right now its not a strong double top. Therefore we may see a pull back to the first support level...
Hi Traders, Update on BTC. We're currently resting just above the 200MA on the 4hr. We will need to see this rejected with increasing buy volume pushing price above the 50 MA and 100MA for confirmation of the bullish continuation. If we fail to reject the 200MA and end up falling a and closing below then we expect price to test the next zone beneath and if the...
Hi Traders, Following on from our last BTC post. We're looking for a rejection in the top zone and then for price to reject inside the lower two zones. There will also have to be increased volume for confirmation of the move back up! Overall BTC is looking great. It seems like the 200MA was enough of a support point. So we should see some nice gains in the...