KoinEasy House

XRP/BTC

After a recent corrective decline to its trend-line, XRP has continued its uptrend with a bounce from its trend-line. It's correction ended around key Fibonacci level of 0.382. RSI has crossed above 60 which shows good upward strength. Williams %R indicator has given a false swing which gives a buy signal in the direction of the major trend. Latest Support is around 8455. A short term trading signal is:
buy/current price : 0.00008769
Stop loss : 0.00008455
target : The next major resistance is around 0.00009390. So you can take your profits at that point.

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Check out our Medium article to learn how to trade head and shoulders pattern.

Head and Shoulders pattern – KoinEasy – Medium An uptrend is identified by higher highs and higher lows. When an uptrend is unable to reach higher high or a decline falls below the…

Ethereum has broken its downtrend line yesterday when the big move happened. But it didn't gained very much momentum after that one big move. Now ETH is finding support at 20EMA and supertrend also suggests upward trend. Since ETH has dropped very much this month, there is a good upward potential as ETH is fundamentally strong. It is good time to enter as right now it is consolidating, so if it makes big moves again, we won't be left out. You can place your trade like this.
Entry price : around 565
Stop loss : 545
Keep holding your position until the trend continues.

Bitcoin is finding support at the trend line as mentioned in our previous post. This could be a good time to enter a long trade as upside potential could be huge if it gains good upward momentum.
Here is what you can do :
Entry price : 7300
Stop loss : 7040
Take your profits if there are signs of reversals. Otherwise keep holding if the uptrend is established.

Bitcoin has been in a strong downtrend in the past weeks and it seems to continue it's downtrend but in the recent two to three days there hasn't been some significant fall so there is a possibility that the bears are getting week. It has a support of trend line around 7130, if it falls below the support it might go down to the next major support which is around 6460. You can go long when you see formation of green candles around any one of the support and place your stop at the lowest low. Then the first major resistance for your long position would be at 8500, you can take your profits at that level if you find that bears are getting strong.

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Check out our TA of Bitcoin and Ethereum on medium.

BTC and ETH Technical Analysis – KoinEasy – Medium In the recent few weeks, Bitcoin, Ethereum and other altcoins all showed a very strong bearish trend which seems to continue indefinitely…

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Check out our new article on medium to learn about Heiken Ashi Candles.

Heiken Ashi Candles – KoinEasy – Medium Introduction:

BTC Finding resistance around 25 EMA. Resistance is also confirmed by key Fibonacci level of 0.382. It is also abiding the long term trend line very smoothly. But there are also short term hints of an upward movements. RSI of 60 suggests a good upward strength. It is also trending upward on shorter time frames with a support trend line. The major support is at 7824, if it crosses this level then we might see a steep decline in price.
A short term trading signal is.
Entry : 8234
Stop Loss : 8300
Target : 8000

You can also take half of your target at 8000 and keep other half to see if it breaks the major resistance at 7824.
There is also a probability of seeing good upward move if it breaks the long term trend line. So, I would suggest you to hedge your position by going long on ETH. If you are not sure how to do that let me know in comments.

BTC/USD is starting to form an upward trend (as can be seen from the trendline support) after a significant correction. Currently it is finding support at 100 hours EMA. It has started to form higher highs and higher lows on hourly time frame. It can be a good buying opportunity, you can place your stop at 9178. Next minor resistance is at 9486 if it breaks that then other major resistance is at 9699 after breaking which there can be a very strong upward movement. You can buy now and book some of your profits on each resistance level.