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Hi friends! Welcome to this update analysis on Bitcoin! Let's get right to it! Looking at the daily chart, you can see that the breakdown below the rising black trendline is sustained. This is technically concerning, but I have noticed that several of my followers did not seem to recognize the importance of this event. Perhaps it is due to the fact that my charts ...
- Structure: Uptrend
- Tendency: Upward
- Above support
at market cypher advanced formation.
The recent sharp decline on oil prices has got many investors thinking if this was a long term sell signal or a pull back on the monthly chart before another long term rally.
If we compare Oil's trading behavior since its January 2009 bottom with the candle pattern since the February 2016 bottom, we see at first glance a lot of similarities between the two ...
Here is the scenario I think we are going to see unfold. 4.) sideways ranging till Feb/March, then 1.) bull market till we breach previous all time high in Feb/March of 2019, then 3.) hyper Bull market till we establish a new all time high
I see 2 buy opportunities on next week
1. I will open Buy if the price will make a pullback to 1.1302. Because EUR/USD made a fake broke key level 1.1302 + D1 and W1 chart close above it.
2. If the price will break up key level 1.1432 and D1 close above it. That will 2nd safe place to open buy.
Also, Euro made a fake broke on Weekly chart, that the main reason ...
Well,After spreading soo much panic its time to spread some positive hope..Here is my analysis look how btc is following Gold (1980s) chart. All the best guys.
Hope This Chart Says It All.
What is your price target for 01 December 2018 on Bitcoin?
Please answer in the comment section with exact price what you expect.
Several facts to make a decision:
1. Price located at 5600 support level (5300-5500 Bitmex/Bitstamp).
This zone was short-term reversal zone for October-November in 2017.
2. Now candlesticks show hammer pattern in this support range. ...
Ripple has had a surprising rally. However, it is starting to weaken and should slow soon. Keep in mind there could be a final rally but as long as you don't get liquidated by anything and hold this short for the next few months, you should be in great profit.
The last few XRP shorts made me over 40%. I will admit I tried to short near the 7000's a few weeks ago ...
Thhis idea is part of a larger idea that I have been publishing a few days ago.
After the sellers began a sharp fall, a flawed breakdown of $ 0.415 was created. From this price, the correction has begun, which practically tested the level of 0.382 from the entire fall. A price zone of 0.505-051 $ is created, which is critical to sellers. If sellers keep this zone, ...
You can See STRATBTC Chart in 1 Day Time-frame.
Which is following the symmetrical triangle pattern break down.
With the Help of trend line , I have made trend line
Support and Resistance Levels
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View. ...
Bitcoin completed Bullish AB=CD pattern and we expect immediate rise with target at 6100$-6200$.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
GREEN: SELL TARGETS
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Please share your thoughts about it and support my post with your LIKES if you think it's ...
after 2 rounds of consolidation POLONIEX:XEMBTC has possibility to rise up once again.
During the recent BTC sell off XRP has fallen the least of all the top 10 cryptocurrencies. It is holding well above recent lows and it seems that demand is strong. Potential scenario here is we go for wave 5 inside of what appears to be an ascending broadening formation - short term target would be %61.8 or around 61 cents - Fib level based on the impulse from ...
It can be assumed that it will move within the limits of the drawn triangle until the next descending downward. The important level that expects to touch also by Indicator signal - 5800$ (Bitstamp, Bitmex) & 5900$ (Bitfinex, Binance). Have great formation of the falling wedge and likely BTC will touch the support line of it.
Important targets for short ...
Do not consider any chart as an investment advice.
Do not consider time as correct. Waves can take time to build.
. Always create stop loss.
. All the peaks so far have gone to the final part of the fibonacci.
Previously this idea was a start to take the market temperature level of delusion:
Let's keep on again with this today's chart, for history lol.
Thomas Lee just said on TV that his end of year target is 15k.
Some other "mega bulls" are still giving end of year targets of ...
EURUSD is on bull for us on this chart.
Check it on other 3 charts , you can find some similar features.
EURJPY has found its support on the light blue zone and now is targeting the blue line inside the channel .
EURCAD is squeezing inside the triangle ...