NEO seen from the temporality of 1D we can observe the bullish movement that has taken NEO from the $5, forming the setup of seven points that concludes with the wave number two, in the graph I have pointed out the points where the price has touched in the advance of the tedency forming this way a support and a resistance with expansive properties, currently has reached the sixth point, the price is finding resistance at that point, so we should soon see a correction movement in the price that is very likely to reach the area marked by a
Tag: Cryptocurrencies
BITCOIN: No more historical resistance till…
…13000 USD?
In my opinion, it is clear that there are no major news explaining clearly why the Cryptomarket is suddenly behaving so bullish.
May be the final entrance of the Financial Institutions, can be the lately announcement of Facebook and its Libra coin, which I doubt it is currently moving the strings now but for sure it is giving some FOMO out there, can be also the good news coming from Russia, see “Russian Ministry of Finance Considers Allowing Cryptocurrency Trading” or perhaps the ones coming from Bank of America’s CEO on regards or getting a “Cashless Society” or a combination
Bitcoin Breaks Out, Testing Major Area of Resistance
Yesterday we discussed another bullish ascending triangle bitcoin was painting, suggesting a break to the upside. Today, we watched bitcoin break out and up, almost hitting our lower target of $11,500. It has since dropped back down to test the top of the ascending triangle (about $11K) which did act as support. Daily volume remains strong at just above $22 billion.
Zooming out on the weekly chart, we can see bitcoin is hitting a major area of resistance between $11,500 and $11,700. If you watch my videos, you know we’ve been discussing this area for awhile now. It will be a
BITCOIN – 25 Jun
On 4hr chart, just a little more to test 11600 resistance level. Stoch making lower highs while price pushing higher. Possible sideway consolidation on this 3rd leg. Possible some pullback to 10700 zone on the mini channel bottom, follow by a bounce to retest 11600 making a double top.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :
Total marketcap :
Dominance :
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
Crypto Shopping Cart – 25 June
Here I am – buying yet again.
This isn’t my first buying spree of the month, I wrote about my previous round of buying in “Crypto Shopping Cart – 6 June”. Some things have changed since than, some haven’t .
Last time I went shopping I bought Holo (HOT), Ontology (ONT) and Icon (ICX). I also announced my intention to sell ETC and stock up on more CargoX (CXO). Let’s take a look at what I did this time.
A lot. I have actually been shopping three times since my last Shopping Cart blog post. The fact that I am now averaging a
Crypto Contest June 25: BTU Protocol
BTU Protocol (Bittrex: BTUBTC) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, BTU began a wave one advance on May 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 9, and the red wave two (blue sub-waves a-b-c) correction ended on June 22. If this wave count is correct, BTU should be heading next towards the June 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BTU Protocol disrupts the current booking business model with decentralized processes, less middlemen and fairer commissions. You can watch their
Binance Coin May Be The Most Technically Sound Price Action There Is Right Now!
Have to say, the binance (BNB) price chart is clean and orderly. It has just been a steady ascent for quite some time now without any real crazy rips or dips.
Consistently riding the moving average
Looking at the chart you can see how it continually grinds higher and then pulls back to the 10 day moving average. Sometimes it will push below it for a couple days, but often it does not. Either way it ends up pushing back above it and riding it higher.
This thing is in full uptrend mode as long as price maintains 35.50 or above.
Is XRP and Bitcoin Friends Now???
The recent resurgence in the bitcoin price, which has soared more than 200% so far this year, and pushed up the wider cryptocurrency market including Ripple’s XRP, has triggered some fence-mending between the two camps with the Ripple chief executive Brad Garlinghouse making a “turnaround” on bitcoin and declaring he is “long” on bitcoin.“I don’t think that there will be one crypto to rule them all,” Garlinghouse said, speaking at the Fortune Brainstorm Finance 2019 conference. “I own bitcoin and am long bitcoin.”Bitcoin has risen over 200% since the start of 2019 after losing some 80% of its value
Is XRP and Bitcoin Friends Now???
The recent resurgence in the bitcoin price, which has soared more than 200% so far this year, and pushed up the wider cryptocurrency market including Ripple’s XRP, has triggered some fence-mending between the two camps with the Ripple chief executive Brad Garlinghouse making a “turnaround” on bitcoin and declaring he is “long” on bitcoin.“I don’t think that there will be one crypto to rule them all,” Garlinghouse said, speaking at the Fortune Brainstorm Finance 2019 conference. “I own bitcoin and am long bitcoin.”Bitcoin has risen over 200% since the start of 2019 after losing some 80% of its value
Bitcoin Consolidating Before Next Move. Analyzing BTC, EOS, BNB, ETH, LTC, XRP and BAT
Bitcoin continues to consolidate between $10,800 and $11,100. Daily volume is slowly rising, currently just above $21 Billion.
In today’s video I analyze Bitcoin, EOS, BNB, LTC, ETH, BAT and XRP. We’ll discuss where prices may be heading next, key areas to watch and so much more. I hope you find it helpful.
Video Analysis:
If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.
Workin
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