While some traders prefer to watch multiple indicators for buy signals on their charts, others prefer a simpler setup like the Awesome Oscillator.
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3 Battered Cryptos Are Flashing Bullish Signals – Hint: One is Ripple
The crypto market’s steep selloff over the last few days has driven the total market capitalization of all cryptocurrencies from a high of $ 294.9 billion to lows of $ 249.1 billion this week. That’s a drop of over 15 percent in less than five days. As a result, many coins – including large-caps – plummeted […]
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Dow Jones, Bitcoin Price Rallies in Jeopardy as US Stock Market Sends Mixed Signals
The US stock market is taking an uneven path on Thursday morning, with the Dow suffering triple-digit declines while tech stocks rise. The cryptocurrency market is almost universally sour, however, as traders continue to wrestle with that is now the longest-ever bear market for the bitcoin price. Dow Risks Fall Back Below 25,000 The Dow had stomped to a monster 435 point gain on Wednesday as the stock market rode the wave of continued Federal Reserve patience on interest rate hikes, as well as positive earnings reports from major firms including Apple and Boeing. That bullish sentiment did not carry
Ripple (XRP) Golden Cross Signals Further Near Term Upside
Chart for XRP/USD (4H)
Ripple (XRP) rallied aggressively soon after the golden cross seen on the XRP/USD 4H chart. The price is currently trading above the 50 EMA on the 4H chart and is not likely to drop below it. Bollinger Bands %B indicator on the XRP/USD chart also shows that Ripple (XRP) is just preparing for a massive rally. We have seen over the past few weeks that Ripple (XRP) is also beginning to gain in dominance against Bitcoin (BTC). Ripple (XRP) is known for its quick but aggressive rallies. What does this mean? It means that Ripple (XRP) makes its entire gains for the cycle in an extremely short timeframe. This is why so many Ripple (XRP) investors are strong believers in the idea of hodling.
Bitcoin Opinion: Mixed Signals Arising. When Moon?
Bitcoin price continues to move side-ways and there isn’t much volume coming into cryptocurrency. There are some catalysts that could potentially kick-start another bull-run, however, uncertainty is an important characteristic of any market; it becomes quite hard to predict the best time-frame to put some fresh cash into cryptocurrency. My non-professional advise? Don’t try to
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BTC Price Signals a Bull Market! What Cryptos Could Follow? (EVX, XMR, DASH)
BTC price once again has torn through resistance levels and with many October catalysts seems to be on the cusp of a bullish breakout. Could a bull run be on the horizon?
Market Analysis
The last 3 weeks saw TRIG, VIBE, and INS predicted prior to their Northern price trends and this week an underpriced gem, EVX, which will be analyzed alongside two top privacy coins: XMR and DASH.
Everyone is talking about the ETF (exchange-traded fund) when in reality it is a matter of when, not if, the fund occurs. However, the ETF will likely not be approved for months and there are plenty of more exciting events on the horizon for BTC 00 to help begin a full market bull run in the short term.
Ripple (XRP) Bull Flag Signals Breakout To $0.44 Level
Ripple (XRP) has just formed a big bull flag on the 4H chart for XRP/USD. The price has found immediate resistance at the 50 EMA but a breakout is expected in the days ahead. The EMA alignment on the 4H timeframe continues to remain bearish. However, Elliot Wave Oscillator on the same timeframe signals a reversal in the days ahead. The bearish momentum that was on a rise since August 6 now appears to be lost completely.
Continue reading Ripple (XRP) Bull Flag Signals Breakout To $ 0.44 Level at Crypto Daily™.
Ether Price Analysis: Bullish Signals Show Strength in Ether
Since bottoming in the mid $ 300s, ETH-USD has managed to almost double in price over the course of a month. The support at the bottom came from the top of the previous reaccumulation trading range shown below:
Figure 1: ETHUSD, 12-Hour Candles, Previous Trading Range
Whether this is nothing more than a brief respite in an overall downward trending market remains to be seen. There are several very bullish factors to consider:
Figure 2: ETHUSD, Daily Candles, Macro Support
Takeprofit Wants to Make the Best Cryptocurrency Trading Signals Available to Everybody
A new Ethereum-based platform called TakeProfit wants to make reliable cryptocurrency trading signals available to everybody. The same platform will give traders the ability to cash in on market signals.
“TakeProfit provides professional traders with an opportunity to monetize their skills; by directly selling them to their subscribers,” the company announced, “Subscribers can earn income using the skills and recommendations of traders.”
“TakeProfit is the first aggregating platform of the most up-to-date information on trading and investment,” the company revealed. “The platform provides an opportunity for traders to publish their investment advice and receive money from each of their subscribers. In their turn, subscribers get access to a huge base of investment advice (market signals); which will bring them a consistently high income, that doesn’t have to be shared with portfolio managers.”