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4 May 2021 1 minute read 0 comments Biz Wisdom
Ethereum broke out, breaking above the $2,500 level late last week and north of $3,000 early on Monday. This is extremely bullish as ETH has pushed to new ATHs in USD and BTC pairings, and is now closer to larger, more significant price targets such...
3 May 2021 1 minute read 0 comments Mandrakata
Technical Analysis https://www.tradingview.com/x/2m4vdc0B/ We see prices that had breakout from last retracement channel, consolidating the 50% FIB retracemnet level so take care that this support ($47K) will be important.Price settled back above it...
3 May 2021 1 minute read 0 comments Biz Wisdom
Bitcoin rallied last week, briefly dipping below the $50K level before quickly bouncing and finishing the weekly candle near the highs around $57K. This is a bullish candle and a bullish close as we look for this bullish momentum to follow us into As...
2 May 2021 1 minute read 1 comment JCRoemer
Ethereum's been raising some eyebrows over the past month while adding 50% to its value. Let's check in on the 1H chart and notice the back to back W formations that sent Ether into price discovery. I thought it might be interesting to pull back and...
2 May 2021 1 minute read 0 comments JCRoemer
Bitcoin settled back into its 50EMA cloud this morning. Coming off its April 25 low, the market has made two clear pushes to the upside before consolidating at the 50EMA cloud. Market makers dropped the price below $57000 later Saturday night (New Yo...
2 May 2021 1 minute read 0 comments Biz Wisdom
From a purely technical perspective, the following 3 tokens' charts have all recently completed bullish divergences, breaking the multiyear downtrend and have rallied above both the 50 and 200 Week EMAs, indicating a longer-term trend reversal. While...
1 May 2021 1 minute read 2 comments Mandrakata
Technical Analysis https://www.tradingview.com/x/eToPZh1T/ Following my previous setup, we see prices that had breakout from accumulation zone in an uptrend.With last Close above short MA we could set a new target for $0.60 and later for $0.71 (both...
1 May 2021 1 minute read 1 comment JCRoemer
$XYO finds itself in a descending wedge facing an impending breakout. Meanwhile, and quite importantly, it's formed the beginning of a W across the 50EMA towards the natural close of the pennant. Price action in coming sessions will confirm a continu...
1 May 2021 1 minute read 1 comment Mandrakata
Technical Analysis https://www.tradingview.com/x/FA5nWK23/ Looking at 4H chart the price breakout the uptrend channel that had supported raising up to 23.6% FIB retracement level at 500 satoshi.Following the intraday courses the RSI indicator antici...
1 May 2021 1 minute read 0 comments Greenchic
Another valuable strategy that crypto investors can use to trade profitably Last week, these crypto cats - Garu, Mochu and Meow explained how one can trade cryptocurrencies profitably by employing basic technical analysis techniques. Howdy crypto p...
