During the down move there has been many levels where we have watched for corrections, up moves, down moves, and so on. But, there is probably none AS important as the current support zone outlined in my chart. As you all saw in my last analysis, I have outlined the same support, and a lower side-wards support line where price will likely bounce for the up move ...
At previous analysis we have a good bullish run after touch fibonacci support,
In this analysis, we split our chart in 3 pattern :
1. Inverted head and shoulders pattern
You can see inverted head and shoulders pattern already perform,
to trade with this pattern, we can buy after neckline breakup, and wait for retest at 6639
For target, we can aim at inverted head ...
If you do not trade, it's time to learn
All about logistic curve
The logistic curve describes the speed of information dissemination among people. This graph describes the distribution of information in an environment.
At first, a instrument is of little interest to anyone, investors are afraid of buying it, and its price fluctuates around r °. At this time, the ...
BTCUSD update: It appears price action cannot make up its mind upon first glance. A break out attempt around the 6600 level fizzles out as short interest climbs even further. On the surface this may "feel" bearish, but the internals are still pointing to higher prices.
At S.C., we focus on probabilities, not feelings. Feedback from a cross section of our members ...
Hi my friends , Lets see where bitcoin is up to ?
If in this area bitcoin can't pass this huge resistants with this low volume , We have to find where are the real supports .
It's hard for me to short bitcoin but after everything I see in this market, I know manipulations and people who are here for fast money, makes me think every fast decision will make a big ...
Hello, dear friends!
Bitcoin shows heavy resistance at 6600 and 6800. On other hand we have higher lows, with demand/support zone at 6200.
On the left screen 1h chart, price stays above MA200 - which is bullish signal for us, lets take a look at history:
July ...
Hey guys,
I don't think I've looked at the Bitcoin weekly chart and made a post about it. Well, it's pretty s**t.
If you'll look at the average weekly move, it is certainly more than just two red weeks, so I am expecting $5,000 still. I am waiting for a bearish opportunity to short. I am still uncertain as to whether it will come now. That is why at the moment, ...
If you want to trade with the percentages on your side then you should not buy right now!
Why?
Because I see a big head and shoulders formation forming.
And if this pattern plays out we will fall for a while and you will be able to get your BTC much cheaper.
But even if the pattern doesn't play out it would not be a good idea to buy right now (at least if you ...
https://www.tradingview.com/chart/BTCUSD/9TkPPoQF-0805-BTCUSD-waiting-for-entry-signal-to-long-to-9k/
All small bullish candlesticks are telling the same story, rising up from the bottom.
https://www.tradingview.com/chart/BTCUSD/au74YYts-1608-BTCUSD-long-trade-update/
Right now for those who want to enter a trade on BTC:
EN: 6340 or current price
SL: 5730
TP1: ...
If this trend holds, we can actually see ripple at $50 one day.
Quite something. I wonder what would require for that to happen to be true.
Mass adoption?
Ripple becomes a blockchain ledger?
Bittrex and Ripple doing something new?
Either way happy camping
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios ...
Hello guys,
BTC recorded great achievement yesterday with closing with full candle and above the previous high.
Yesterday we spotted CUP and Handle formation and again with how BTC closed yesterday we has another pattern in view which is INVERSE HEAD and SHOULDER.
We may see some retracement down before major move will start again.
I appreciate you guys for ...
Bitcoin has made maybe 5 attempts to make that inverse H&S around the 6500 neckline, but they have all failed so far. This time it got rejected again at 6500, but with all the action going on yesterday, don't think it will fail this time (read my last few updates of the previous analysis, with a big whale buying big amounts of Bitcoin around 6250/6300). Unless a ...
Technical analysis:
. EOS/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is still a possibility of ...
Check out my last analysis. I said I would be laddering positions down to this 275-300 ETH area. My point C target on my chart wasn't perfect, but it was pretty dang close. You're Welcome.
https://www.tradingview.com/chart/ETHUSD/kSnnwTCU-RSI-oversold-on-the-Daily-ETH/
Current Conditions:
On the Daily:
RSI is confirming the bottom.
MACD is almost ready to ...
