Here i will share weekly technical analysis
3 Nov 2020 2 minute read 0 comments MrCoingrats
First we look at the monthly chart, here we see that ETH is closed above the $371 in the bear block. So next month we will have to figure out if we can get through or if we can go back to the blue support zone where there is also confluence with the...
2 Nov 2020 2 minute read 0 comments MrCoingrats
This time we start with the monthly chart `because it is already November. The monthly close was just not high enough to become the highest monthly close ever, it was only $72. Nevertheless, it looks pretty bullish for the long term. The weekly resis...
29 Oct 2020 1 minute read 5 comments MrCoingrats
Litecoin is currently trading against the downtrend line that has already been formed as of December 2017 and is pretty much in the apex of the triangle that is being formed with the lower trend line. Here we always see a higer low being formed, now...
28 Oct 2020 2 minute read 0 comments MrCoingrats
Daily chartLast week the red zone has not really flipped as we would like to see it. The uptrend line ( - - blue) is holding up quite well and is forming an ascending triangle. An outbreak upwards has just a little more chance than an outbreak downwa...
27 Oct 2020 2 minute read 0 comments MrCoingrats
Where BTC showed a nice increase last week, ETH has taken it slower. There has been a candle close above the bear blocks last week and still a higher high is needed to confirm the uptrend. The ema's are rising steadily and in general the rsi is doin...
26 Oct 2020 2 minute read 0 comments MrCoingrats
Last week we have seen a nice rise design of over 15% and we broke the blue resistance block. We also see that the course also went through the cloud of the ichimoku which is very bullish especially with the cloud twist we can spot. Last time there w...
22 Oct 2020 2 minute read 0 comments MrCoingrats
The community also chose VET this week. Let's go and see how Vechain is doing at the moment. On the weekly chart little has changed. The previous two weeks candles have been printed showing that the ebulls want to keep the price down, but they still...
21 Oct 2020 2 minute read 0 comments MrCoingrats
Daily chartThe red resistance block did not flip to a support zone last week. Despite everything, the Ripple is still pretty bullish. During the retst of the trend line of the falling wedge the candle close just fell within the trend line but the bul...
20 Oct 2020 2 minute read 0 comments MrCoingrats
We will start with the daily chart this week as little has changed on the weekly chart compared to last week's analysis. The whole week we are trading in the resistance area but ETH has not been able to break it yet. However we do see that last night...
19 Oct 2020 2 minute read 0 comments MrCoingrats
Last week BTC could not break the blue zone and closed the week with an indecision candle. The red zone (drawn on the daily) will now serve as support on the higher timeframes. The bullish momentum is decreasing on the rsi but as you can see on the c...
