I see a strong price action. A correction to the 250 dollars area is in my opinion nothing bad and to consider as a retest of the upper bottom range. If it hold another week in this price range we have a 3 Month break out with target 700 dollars. Bio
12 hours weak price action with contraction of candle bodies. Retest of 330 dollars is probable. BIO
Extreme oversold conditions on rising trend. Well away from the means. Obbligate buy BIO
Nice cup inside a yearly range. Is a bottom for iota. Is dancing on the means... Break out is the logical conclusion. BIO
No urge to dump, it should not be just a pump. Consolidation very probable! BIO
Buying at this levels was associated with good returns in the last three months. BIO
Quite strong price action above the MA. 3D Wick above the horizontal resistance. consolidation at this level will means strong break out BIO
This chart looks like a steady increase against bitcoin. Oversold on daily on ascending lows… it could get mad in 2020 Against USD is in a corrective phase oversold on support. Maybe we will assist to a more profound correction on the USD pair, but for the longterm it could deserve great rewards. BIO
Candles at higher timeframes are sometimes useful to cancel the noise of the price action. Since 30th april candles closed in a range between 9.8k (strong resistance) and 8.6k (strong support). The doji of 15th may may was followed by a red candle that engulfed the 4 priors candles. The three green candle following this engulfing candle had a progressive small...
Increasing number of Brave browser research (google trends) Increasing number of active adresses for BAT (coinmetrics) NVT at minimum (coinmetrics) Accumulation against BTC at minimum levels. BIO
Big red candle after equilibrium for EOS, A close over 0.02 ETH at end of decemeber will be strongly bullish for EOS. Untill there Ethereum will perform better. BIO
Volatility expected after heavy correction. Higher target 1 cts of bitcoin for reasons explained more than one time on previous posts. BIO
The Wyckoff like accumulation during the last year seems failing miserably but I'm very optimistic about the 0.0014 support. 2x on bitcoin until next year BIO
10.8k-11k is the big resistance of this structure. I expect a retracement from this level to the 200 3D EMA The 3D 200 EMA is historically the level to confirm before to aim for new local and all times high. At this level there is also confluence of a lot of moving averages. Basically bulls have to put this level in to the pocket before aiming to go higher. If...
Sell off are often a good thing. They let understand how strong the market is. Sell off are tests. If bitcoin holds this test, the next station is called higher high. If it does not hold, crypto is done for a while. Under 3k, trend is broken, lower high is in place and lower low is the next step. In my opinion Ethereum took bitcoin out of the bear market...
Structure breakout + volume breakout after low volume phase decide further price direction. Bitcoin broke on the downside the last triangular structure but without an outlier volume. The implication of this finding is that the relevant structure to break is still under construction (flag? wedge? relevant support/resistance?). As on the 3D chart we can identify...