Graph
Open Graph - GRTThis is not so much of a Technical Analysis.
This is an introduction to a project I have been waiting a long time for. Open Graph provides a valuable service to the crypto industry in general, and because of this - the token will become well adopted. I believe this will continue to go up and outpace Bitcoin for a little while longer.
Buy the dips!
Just like Injective Protocol, this is following its own pattern. Up 700% since it was traded on Coinbase. I am buying the dips.
New Char LayoutHere is a little bit about my set up:
1. I changed the background color, candle (body and wick) colors and general appearance in the "Settings tab".
2. Added an indicator to remind of the sessions.
3. Starred my favorite tools for easy use.
4. I used the "Save Drawing Template As..." feature to save what I use frequently on every tool.
*This post is for new users. These were my must do's before I even thought of trading with trading view. Hope this helps!
*My confirmations are not posted.
EURJPYPodemos observar como actualmente acaba de rebotar en un triple techo que además es nuestro KEY LEVEL diario con lo que después de rebotarlo esperamos que caiga o bien en monthly o bien que mínimamente nos haga un punto 3 en la tendéncia alcista para que suba a retestear el triple techo, además encontramos un HCH que puede ayudarnos a confirmar la posterior caída para volver a subir una ve ya hemos hablado de:
1. Key levels
2. Tendencias
3. Price action
vamos por el 4, Fibo, el cual también nos indica una caída del valor hasta el 61% que es una zona interesante ya que al valor le ha costado mucho superarla anteriormente, además coincide con la caída que debería hacer después de ver el HCH.
En Conclusión: Baja para subir
Bitcoin Dominance to 97% ?Looking at a Bitcoin dominance chart, I am finding lots of technical facts that BTC dominance is slowly going to 97%, do you agree with me? After my drawings I have converted all of my cryptocurrency to Bitcoin as the graph looks terrifying for other crypto market. I prefer to stay out of trading and just hodl BTC as it looks very painful for the rest of the crypto market. Looking at a graph we have "W" (marked red) which is an uptrend for Bitcoin Dominance, we have a major gap in price, which needs to be filled in. We also have an upside down head and shoulders (marked blue)! We broke many tough resistance levels, which now became support level's. There is one more strong downtrend resistance line (starting from 21st June 2016 going along 19th February 2017) to beat and the road is open to 70-73% BTC Dominance. I would like to hear what others think, sorry for my drawings )
PS I'm not saying that the other crypto is going to be cheaper with USD, I think that BTC will moon against dollar and the other crypto
Facebook INC. Short Term Bounce Play!There seems to be a bounce play here, with a safe exit labeled above.
I believe this may see lower as for the first time ever the weekly cloud has turned. FANG stocks are in trouble.
We have bullish indicators everywhere, with momentum pushing slightly bullish.
Its easy to have a tight stop loss right below the 160 area, or just lower low from this dip to reduce risk.
Happy trading, debating and speculating.
Be sure to FOLLOW for updates and check out my other charts for amazing calls.
NOKIA GRAPH ANALYSIS (trying new techn) - Multi path predictions*Note - this is my first graph of not using chart patterns but just trying to fit stuff together to predict. Please take the prediction with a grain of salt.
The marked intersection point seems like the most likely point for a breakout with multiple conversions. Looking at the different paths, it should be possible to predict the future direction!
Again, feedback would be awesome this is legit just a random graph I made.
Similar trends to ltc and eth leading up to a breakout Looking at the clear trend its following very similar to LTC and ETH, the two channels leading up to a potential breakout.
looking for volume increase for confirmation
Descending wedge, fasten seatbelts and put helm onDear crypto fanatics, crypto addicted, collegues, daytraders and lovers!
we are approaching to the end of this wedge, it is a clear bear flag and we are expecting a further downfall as part of an ABC correction started by 9700$.
In the past week we experienced the return of the sleeping bulls, but now we need to take some breath to accumulate before trying to test the resistance level again.
On the short term we are expecting a down fall but on the medium we should come back for a retest.
So very probable a downtrend in the next hours.
Stay tuned and like, share comment if you enjoyed the TA.
*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
GNT/USD chart predictionSo we have seen an upper trend (dark blue line) since more or less 15 days ago. I believe it will continue to grow, however it may find some resistance either where we are now or at the light blue line drawn. If it fails and starts a down trend, it is very possible it finds support at the white line (down). Mind set right now, bullish on Golem long term, short term they had a big spike in the last days, lets hope it continues.
- Warning - Btc Usd, the market is possibly still crashing.Hi traders,
The breakthrough attempt seems to have formed a double top with the second top reaching a lower level (11.700 Usd) than the previous top (11.800Usd).
This indicated more weakness than expected in the process of having tried to form a higher high. Bulls were not strong enough to even reach the level of the previous high, and Btc is now quickly correcting as expected.
Now we have 3 possible scenarios :
- Bulls regain strength and try to form a local higher high, they manage to form it with the help of potential Whales cash injections, and this leads us to the C&H target that has not changed.
- The just formed local double top makes Btc retest every support until it touches Btc line of life, that could create a bounce, to the C&H target.
- Btc goes below its line of life, and a capitulation sell-off goes on from the traders who joined the crypto boat on Oct, Nov, Dec, Jan, Feb, and even why not March, leading Btc to the indicated blue target.
We have some serious chances to retest the 6k, we need to see a local higher high, or Btc will still keep on diving.
Btc is still weak from its recent crash from the 19.500 Usd, retesting the 6k, and even ending up going below this support is a possibility in the coming month(s).
Past months investors are quickly losing hope to make fast money anymore in this market, be sure they will not hesitate leaving the boat instantly if they feel their objective to do quick money will not be met, and losing their money is happening to them instead.
I drew in blue a possible Btc pattern in case the market is still indeed crashing, with the worst case scenario of a crash till a capitulation sell-off occurs.
Good luck.