Chart has reached a 300% resistance zone and is now showing signs of reverse. With this, bears power is greater then bulls and it should reach 423% support zone. Bearish. SL 163.261 TP 162.859
BTC has form recent pattern that leads to a strong bearish momentum that can reach really deep below. Now is the chance to open up nd take the risk. Bearish SL 67102.0 TP 62700.0 2TP 57082.0 3TP let it run
Because of recent breaked support, chart can reach lower. If you already have an open op., you can let it run. Bearish TP 1.06412 SL 1.08088 Note: This analysis is halfway already. Opening a big op. it's too risky.
Double top plus bounce on resistance means bullish trend up to 300%~423%. There is also a bullish flag pattern. SL on LL or just below support or follow as directed. Bullish TP 164.899 SL 159.900 Note: Chart can reverse on 161% of fibonacci.
Double bottom then break and bounce; chart may go between 300% ~ 423% of bearish harmonic pattern. SL on HH or as redicted. Bearish TP 7526 SL 7929
Giant bullish shadow is the start of the pattern three downtrend tops. With this, two bearish harmonic patterns are made and head and shoulders pattern. It will reflect, at the same time, the fight between bulls and bears. At the end a bearish trend will form reaching lower levels, completing correction. I expect to reach double the H&S pattern and then go back...
There is a chance that reach higher. Bullish. TP 0.89988 SL 0.89810
Going up slowly. Put SL on LL or 190.610 Bullish. TP 191.50 SL 190.610
Chart keeps going bearish and formed a bearish harmonic patttern. Bearish. TP 1.25450 SL 1.26130
Completed bearish Elliot Wave is a chart pattern. Bullish TP 67700.00 SL 63900.00
Retracement after the trend. Chart makes some corrections. Bearish TP 151.100 SL 151.650
It take such a huge u-turn, reaching way low, probably because distribution phase. It may go lower.
Two tops and chart bounce from atop of them leading to a simple uptrend. Combined with the harmonic pattern it can reach 300%~423% or 461% (see image). Anyway, don't be greedy since higher high is not confirmed. Bullish. TP 1.08725 SL 1.08565
Gold flag pattern plus few double bottoms in minute 5 can make chart return to the HH trayectory. Bullish. TP 2211.00 SL 2175.00
Take profit on 67516.5 Stop Loss on LL or 65300.0. Bullish.
Basically, the recent correction of bitcoin makes the chart be in the same position as gold and eurusd, making the three markets be prepared for what is going to happen. Right now bitcoin has gone out of track, but there is still time for it to come back and become bullish.
If gold do retracement successfully, oil will be rising, but not much. If it is too fast, Gold will drop heavy. Ten hours from now it should reach a certain high. There is an unclear harmonic pattern below trend, which chart should reach 300%~461% of it. God bless.
A harmonic pattern has form, expecting trend to reach 423%~461%. Get ready and don't sell. God bless.