Here i will share weekly technical analysis
19 Apr 2021 1 minute read 0 comments MrCoingrats
Yesterday, the yellow trend line failed to hold and Bitcoin dropped a whopping 14% to $51541. This is just above the close and open of last March 25 and 26. Yesterday's candle closed within the supply zone and higher than the previous close of the hi...
14 Apr 2021 1 minute read 0 comments MrCoingrats
And the dullness is over on Ripple. Finally I hear many now thinking. What can we expect after such an incredible rise. In less than two weeks XRP is up a whopping 250% and Ripple is trading just 10 cents below the extended Fibonacci 1,618. Momentum...
12 Apr 2021 1 minute read 1 comment MrCoingrats
Bitcoin is looking pretty strong and seems to be on its way to the extended Fibonacci 1,618 which is at $67397. 4 days ago BTC did a nice retest on the trend line which also had confluence with the supply zone. Looking at the ema's they are in the di...
7 Apr 2021 1 minute read 0 comments MrCoingrats
We have almost forgotten the boring days on Ripple again. How violently XRP has broken the 57 cents say. Ripple has even broken the 80 - 82 cents. If XRP can now use this zone as support, the way is open to move towards the ARTH of 1.50 dollars. The...
6 Apr 2021 1 minute read 1 comment MrCoingrats
Ethereum has managed to break its ATH and it now stands at $2151. This new ATH is just below the Fibonacci level 1 at $2168. The ema's and rsi both look bullish and the next target on the daily is at $2571. Whether we can advance directly to that lev...
5 Apr 2021 1 minute read 0 comments MrCoingrats
There has been a small rise into the supply zone after last week's analysis. At the top of the supply zone, a top formation has formed with slight bearish candles. The rise has come right into the golden pocket of the down move we had discussed last...
1 Apr 2021 1 minute read 0 comments MrCoingrats
FLM has very gently broken the ATH. Today it opens with a red candle. Will this be a temporary top for a retrace and then a big break of the ATH. Because let's face it, breaking the ATH with 1.5 cents is not very much. The ema's are bullish and momen...
30 Mar 2021 1 minute read 0 comments MrCoingrats
Ethereum is in a nice bullish pennant and has been trading above the $1727 mark again since yesterday. The ema's are still running up with the bulls and the momentum remains almost the same. The volume profie is starting to decline which is a good si...
29 Mar 2021 1 minute read 0 comments MrCoingrats
The day after our previous analysis, BTC has finally behaved as the patterns should according to the book. The supply zone has been broken on the downside and the rising wedge has been played out, resulting in a retrace on the ema55 at 50360 dollars....
24 Mar 2021 1 minute read 0 comments MrCoingrats
On higher timeframe, it was another boring week for the Ripple. The price is still in between 50 and 57 cents. For second week in a row we see a reasonable wick on the upside which means the bears are looking to pull the price down. The ema's are sti...
