Here i will share weekly technical analysis
28 Jan 2021 1 minute read 0 comments MrCoingrats
As ICX has been rising for over a month now, we thought it was time to do another analysis on it as it is a favorite coin for many. ICX is currently trading around resistance at 0.93 cents and if this can be flipped to support then the road is reason...
26 Jan 2021 1 minute read 0 comments MrCoingrats
Yesterday Ethereum broke the ATH by about $50 but failed to close above the old ATH. The price is still nicely inside the parabolic trend line between the old old ATH ($1427) and major resistance at $1238. But we can also observe a bearish divergence...
25 Jan 2021 2 minute read 1 comment MrCoingrats
Bitcoin has set a lower low after it had already set a lower high. Is this a (temporary) trend reversal? If it sets another lower high, in my opinion this is a confirmation for further down. But we will see in a moment on the lower timeframes. The da...
21 Jan 2021 1 minute read 0 comments MrCoingrats
Cardano has broken the ATH on the USDT pairing so we thought it was time to do some serious analysis on it. The weekly chart, in any case, looks very promising. The uptrend line is holding and the supply zone has undergone an excellent retest. There...
20 Jan 2021 1 minute read 0 comments MrCoingrats
Ripple failed to claim the 33 cent range last week but also did not fall very much beyond the Fib 0.618. Yesterday a bearish pinpar was put on the chart that gewicked the ema200. The ema200 lies near the 33 cent region which we would like to see flip...
19 Jan 2021 1 minute read 0 comments MrCoingrats
Ethereum is rising beautifully parabolically and is only a few dollars away from ATH. Today we are going to analyze some timeframes to look at the possibilities. The daily chart is looking very favorable in my opinion. The ema's are showing a strong...
18 Jan 2021 1 minute read 0 comments MrCoingrats
Last week, a higher low formed (highlighted in yellow) followed by a lower high. Currently Bitcoin is trading around the local support zone (in white) that we discussed in our previous analysis. Are we going to print a higher low here again or are we...
13 Jan 2021 1 minute read 0 comments MrCoingrats
Ripple has managed to recover nicely after it collapsed following the news regarding XRP. After a 4h candle close above 24 cents, the price rose by 50% in one day to the resistance level around 37 cents. Looking at the ema's they still indicate a bul...
12 Jan 2021 1 minute read 1 comment MrCoingrats
Again, Ethereum has been trading around the resistance level at 1238 for the past week, going back to the 900 dollar range. This pullback was also a retrace on the Fibonacci 0.618. Is there a higer low being created here or are we going back to the 8...
11 Jan 2021 1 minute read 1 comment MrCoingrats
Last week we experienced another nice rise on Bitcoin and yesterday there was quite a drop. Would this be the start of a retrace and then go higher. We are going to take you through the different timeframes and discuss the possibilities. On the weekl...
