KrYpTon_Horizon

KrYpTon_Horizon

Hello guys! As you can see ETH is forming an ascending rectangle. We have to watch closely whether ethereum will break out of the resistance or the support line from the rectangle. This rectangle will only be valid if ETH will break above the 50 EMA. If Eth breaks below the rectangle, We could see a fall to around 460 dollars. You can see that the RSI is back...

KrYpTon_Horizon

Heya guys! Welcome to another update on BTC As you can see, BTC did not manage to break above the resistance line and couldn’t stay there. This was expected. The RSI reached 70 and the MACD also showed a signal that a correction is very likely. Since BTC did not manage to stay above the resistance line, it will fall back to another support at around 7800...

KrYpTon_Horizon

Hello my friends!! Thank you for visiting another small update on BTC! As you can see on the 45 minutes chart, BTC again broke out of another converging triangle (this can also be seen as a bull flag). You can see that a new support has been formed at around 8300, this was a resistance first but BTC smashed through it. We now need to be patient and look what BTC...

KrYpTon_Horizon

Hello my friends!!! Weclome to another ethereum analysis! As you can see Ethereum broke a big downtrend channel and entered the green illustrated area. Ethereum formed a bull flag and It looks like it broke out of it and is going up! The RSI level is getting close to 70, which means that ethereum Is beginning to get overbought. So we could see a correction before...

KrYpTon_Horizon

Hello my friends! As you can see, BTC broke out of the converging triangle and made its way up to 8200 dollars. To be honest, I didn’t know BTC would go up this high. The market is very strong at this moment, but I think correction to 7500/7800 is very likely and we shouldn’t celebrate yet. However, You can see BTC forming a smaller converging triangle which is...

KrYpTon_Horizon

Hello my friends!!! As you can see, NEO is still inside the red illustrated zone which is a bearish area. We have to wait untill NEO manages to get inside the blue zone for it to become Bullish. The resistance line beween the red and blue zone is a line which has not been broken since January, so it won’t be easy. The white lines that are crossing horizontally...

KrYpTon_Horizon

Hello my friends!!! As you can see my cup and handle pattern is confirmed! Later than I had anticipated but it still happened. Looking at the 45 minutes chart, you can see that ETH entered the in blue illustrated BULLISH area. Ethereum broke a very big resistance line which has not been broken since January! I still think we could go back down to the buy zone...

KrYpTon_Horizon

Hello my friends!!!! Let’s get right to it! As you can see BTC broke the traingle consolidation with great volume! This is VERY bullish to see. But is Bitcoin bullish or not? Are we still in a downtrend? BTC will remain bearish untill it breaks the second blue resistance line. I marked the bullish area in white. So for now It seems that BTC is going to be...

KrYpTon_Horizon

Hello my friends!!!! Let’s get right to it! As you can see BTC broke the traingle consolidation with great volume! This is VERY bullish to see. But is Bitcoin bullish or not? Are we still in a downtrend? BTC will remain bearish untill it breaks the second blue resistance line. I marked the bullish area in white. So for now It seems that BTC is going to be...

KrYpTon_Horizon

Hello friends!!! As you can see on the chart, the breakout above the cup and handle pattern which I made in my previous analysis worked out perfectly and you can see the rise in volume and advance. Neo arrived at its next resistance at 57 dollars. Let's hope neo will break above it. If NEO does not, it can fall back to 56 dollars where the next support...

KrYpTon_Horizon

Hello my friends!!! Let’s get right to it. If you look at the chart you can see that gold has created a W bottom formation, which is bullish to see. You can also see that gold broke out of the resistance line (pink) and flew up. This also confirmed the W bottom pattern. Gold can go up to 1355 dollars now where the next resistance line lies. If gold breaks that...

KrYpTon_Horizon Updated 

Dear friends, humans, aliëns, folks, I want to give you a brief explanation about what NEO could do the next few days or maybe even hours. If NEO manages to break above the resistance line of the cup and handle pattern which I created, It could go up to 56 dollars short-term, where the next resistance stands. Please be aware that the cup and handle pattern has...

KrYpTon_Horizon Updated 

Hello my friends!!! Welcome to this update analysis of ethereum! Looking at the 2 hour chart, you can see that the double top pattern which I thought would be created (in my previous analysis), became a pattern that looks more like a double bottom. Ethereum bounced at the support line (in pink) which goes straight through the middle of the double bottom pattern. ...

KrYpTon_Horizon

Hello my friends!! Let's get right to it. As you can see, BTC is forming a triangle consolidation which is a bullish thing to see. If BTC manages to break above the resistance line of the triangle, It will go even higher towards the next resistance line at 7500 dollar. But if btc breaks below the triangle, it will go down to the first resistance line at...

KrYpTon_Horizon

Hello my friends!!! I want to give you a brief explanation about what NEO could do the upcoming days. As you can see the rising wedge I created in my previous analysis worked out perfectly. Neo has formed a descending triangle but has broken above the resistance line which is a very good thing to see. Now we could see a rise to 56 dollars where the next...

KrYpTon_Horizon Updated 

Hello my friends! Looking at the chart you can see the NEO is forming a rising wedge which which is a bearish thing to see. The falling wedge (In red) made it clear that a breakout was going to happen, just like this falling wedge (in black) is telling us that NEO could go lower. If neo manages to break the black resistance line (of the rising wedge), Neo could...

KrYpTon_Horizon

Hello my friends!!! Welcome to this update analysis on ethereum! Looking at the 4 hour chart, you can see that Ethereum is creating a double top pattern (yellow lines) which is a bearish thing to see. This can turn into a rectangle IF the ethereum will bounce at the support line at 360. For now it looks like the double top is going to finish the pattern and the...

KrYpTon_Horizon

Hello my friends, looking at the chart, you can see that BTC is forming a wedge which can be seen as a bearish thing. If BTC breaks the black support line of the wedge, it can drop towards the first support line in red. If BTC manages to break the resistance line, it could go up to 7300-7400 where the next big resistance is situated. BTC is fighting Very hard...