#BTC #bullish?

The #BTC has risen in price in recent days, with a significant price increase in the last 4h, which is a sign of recovery?

Let’s start immediately from the price chart in image 1:

Image 1: tradingview Рbtc / usd Рtimeframe 1h Р2018-07-02

What can be seen is:

  • A double bottom on the price chart, followed by the breaking up of a triangle, both bullish signs;
  • The overwhelming RSI, due to the last climb;
  • The ADX which still marks a weak trend;

Given these factors, an example of trading for those who are out of the market, is to stay out waiting for a probable downward correction of prices.Then decide an entry with the appropriate stop loss.

For those who are in the market, it may instead be good to stay flat, also with the appropriate stop loss, waiting to understand if the climb continues.

We at Cryptograph Team are currently in the recato and remain flat.

#EOS: bullish on the shorter term?

The #BTC has been undergoing lateralization for days, while the #crypto market is dominated by #altcoin, like the # EOS whose price chart seems to indicate an uptrend in the short term.

Let’s start immediately with image 1 containing the price chart:

Image 1: tradingview – 2018-08-06 – timeframe 4h – eos / btc

We can see how:

  • The price chart remains above the EMA 50 (blue line);
  • The RSI has a bullish trend in accordance with prices;
  • The ADX seems almost to suggest a phase of lateralization, so care must be taken;

Ultimately there seems to be an upward trend in the short term.

A possible example of trading is to enter long, by closing the stop stop the EMA 50 with little stop. A possible gain could be around + 10% of the current price.

#btc possible uptrend?

Bitcoin analysis on the long, medium and short term could indicate a moment of recovery in prices

As everyone knows, the Bitcoin in December 2017 reached its peak in price and then collapsed. However, if you calculate the price in the long run, the price is in an uptrend.

Let’s start from the price chart in the short period represented in image 1:

Image 1: tradingview – 4h timeframe – btc / usd

We can note that there were three phases alternating, one of rising prices, one of descent, until reaching phase three, the current one, which turns out to be rising again.

In image 2 we can see more closely the end of phase two, with the consequent beginning of phase 3:

Image 2: tradingview – 4h timeframe – btc / usd – end of phase two and start of phase 3

It can be seen that the beginning of phase 3 was announced by a Bullish divergence on the RSI, as we announced in a previous article on this blog.

As we can see in image 3 , the current price increase phase 3 supports the long-term trend (black line) but in turn a resistance around the 8000usd given by the upper part of the triangle in purple, which instead regulates the medium-term trend.

Image 3: tradingview – 1 day timeframe – btc / usd – long term trend

In general, the long-term trend seems to have invalidated, at least in the immediate term, the medium-term trend, thus suggesting that it will continue an upward trend.

A possible example of trading is therefore to stay in the market (or buy for those outside) by entering the appropriate stop loss.

#BTC hope with bullish divergence

On the #BTC the Bearish flag does not seem to have broken markedly on the downside, on the contrary it seems to presentars more a possibility of bullish divergence on the RSI on 4h.

Let’s start immediately from image 1 with the price chart and the RSI on timeframe 4h:

Image 1: tradingview – 2018-05-27 – timeframe 4h – btc / usd – bullish divergrnce

Although the price continues to fall, albeit in an unmarked manner, a bullish divergence seems to be emerging on the 4h chart.

Before taking a position, for those who are out of the market, it might be better to wait for confirmation in prices, given the uncertain situation. For those who are already inside, like us of Cryptograph Team, it is better to set the appropriate stoploss.

#XEM – vbottom

training on the #XEM price chart with possible short-term gain.

In image 1 we can see the XEM price chart on timeframe 1 hour:

Image 1 : tradingview – 2018-05-17 – timeframe 1h – Xem vbottom

We can see a possible V-bottom formation on the price chart, which is realized is a bullish type figure. Also the volumes, and #RSI in #ipervenduto, seem to support the hypothesis of a v-bottom.

If the figure is completed you could have a gain of about 3.61% in the short term.

As always this is just an example of trading and not an operational signal.