evasivesteering

evasivesteering Updated 

I would like to create a late post here just to clarify the idea that I commented in my previous post. Today BTC's move was as predicted: BTC was down to 39ks with a wick of 38500 (I predicted a wick of 38400, yesterday) and immediately bounded. Since my early post on 06th April, I still think that if BTC can close above 42200 (EMA 50D) with 4H candle, it will a...

evasivesteering Updated 

Diamond bottom pattern formed. But volatility is very low. Should we expect a breakout of BTC again to test 42300?

evasivesteering Updated 

It is possible that BTC needs to backtest 42300 support to gain momentum to reverse and breakout the local channel at 48000. Bullish bat pattern is on formation.

evasivesteering Updated 

BTC has been ranging since two days. I'm looking at its chart on 1H timeframe and realize that a diamond bottom pattern has formed. Price is on the left lower-edge of the diamond and RSI touches its trendline. I think in few hours this ranging would end and we'll know better about the trend on higher timeframe. Statistically, breakout is favored. Still I think...

evasivesteering Updated 

I'm updating BTC chart with better XABCD ratio. We are heading to 39K...

evasivesteering

I'm using Fib Time Zone and Fib Retracement to predict BTC trends. Clearly BTC has been bounded in a big channel. Now it needs to break local channel to start a new uptrend, until august to reach a new ATH.