One day Bitcoin is breaking out for the next leg higher, and the bull run has begun, two days later, the sky is falling, sell now and buy lower. You have to be kidding. The best was one group I follow on Facebook as a sentiment indicator, who sold recently and is posting "where are you adding next, I have my levels, where are yours?" Ohh brother. You think the...
I would like to try a new format. Posts where I will share with you the most important ideas about trading, investing and other aspects of successful work in the financial market. There will be short messages and quotes. If you don't like to read long texts, if you don't have time or if you are a lazy person - this format will be a good variant for you. It will...
The 1D MA50/ MA200 Cross (Golden Cross) is about to take place and you are still wondering how to trade it?
Well the last time that happened in July 2015 following the previous bear cycle's bottom, Bitcoin pulled back by around -35%. Then the price rebounded towards a Death Cross (1D MA200/ MA50) that made it consolidate before a new (and final) Golden Cross that...
Hi friends! Welcome to this update analysis on Bitcoin! Let's get right to it! Looking at the weekly BLX chart, we can see tat Bitcoin continues to struggle at overhead resistance. That resistance is the weekly 50 EMA (in orange,) which is intersecting exactly with the 61.8% Fibonacci retracement, which is produced from the decline from 6000-3000. We also have big...
Current movement sucks a bit :), difficult moves to predict, so normally i don't want to do anything. But to give you something to work with, i am going to do an analysis with a few scenario's, for the bulls and bears.
1) I have drawn 3 charts here. The one on the left, is already moving as suggested past hours. Made that last bounce up from that curved line. My...
USDJPY is still in correction against the very nice fall very have just witnessed. We are anticipating the same fall on current price. US major averages are about to form new highs and drop or at least correction is about to happen on stock market. That drop or correction will give as a very nice wave on the Yen pairs. The way we have already seen just...
Happy Easter to everyone!!
Winter is gone,
Spring comes to us and bulls are waking up.
New bullish trend is flourishing so don't miss this rally!
On the daily chart we have a completed easter eggs pattern,
it is a very strong reversal pattern that appears only in spring.
I also see a strong correlation between market...
Still on same short view guys, Now BTC is painting a BAT pattern, we should keep close eyes on the mini rising channel where the BAT inscribed in, if price keep holding below the previous high may signal huge dump ahead.
My advice is to be a shorter right now with tight stop loss rather than be that guy that see only Long. Lots of divergence on almost all...
This is an experiment.
As I predicted at the 3.2k, we will go to 5.3k:
Now I am shorting from 5233 area because the fibonacci is 0.618 in 5300, and the rejection confirmed my theory.
I can show you how this theory works:
after the first selling from 20k:
Using FIB circles and pitchforks I give a time frame when I think our next drop in bitcoin will happen. I still believe we will drop 65%, this video just gives us a rough estimate when we can expect this drop in the price of BTC.
I am on YouTube as: OPTICALARTdotCOM
For a walk through of this chart, search on YouTube for: Date bitcoin will drop 65%
Hi everyone! Before we get started, take a second to hit the like and follow button to put this idea on the top spotlight and keep getting updates.
For those who have been following our updates and charts on Telegram, you remember that we've posted the same chart back in December 2018 pending the completion of the green IH&S. At this moment, the market seems to...
Salaam alaikum Hello Brother ....!
First, continue VIP updates
Since the last update after the breakout, $ 17.5 we set $ 21 / $ 23 as next resistance and target for BNB, right nowBNB growing and hit $ 21 and today reach $ 23 / 24.5 + 40%
So what next? Is that the time to follow our BNB Analysis since Jun 2018 or time to calm and let BNB take his breath...
Good morning, traders. Many were scared off by yesterday evening's little drop. As we can see, price bounced just above the pivot closing above the 21 EMA once more. The short double bottom target, of the swing high denoted by the purple line/R1 pivot, remains at this time. The 4H Stoch RSI is nearing a bullish cross in oversold. RSI remains bullish at 56.8.
The Weekly S+P 500 Chart
shown here for the purposes of illustration,
shows price has risen almost as far as it possibly can,
in the current ascending wedge pattern.
Next, will come a sizable price breakout.
The technical expectation of the ascending wedge
is for an ultimate sharp break to the downside.
I will tell you that if that were to occur,
Ethereum support line probably is the line that below the current price.
The Resistance trend line is generally parallel to support line. According to this idea the resistance line is the line above the current price.
I created "up trend channel pattern". In this pattern, the price moves in a parabolic trend. I drawed parabolic line as a resistance....
I see a lot of other posts detailing how bitcoin is going to fall back down to this $4500 level right away. But that formation really tells a different story. Could it happen? Absolutely. But check out that formation. I don't see a double top or exhausted sellers, I see slow steady buying slowly pushing higher while the sellers are exhausted. An ascending triangle...
4 Beginner Bitmex Mistakes That Are Ruining Your Chances of Profits And What You Should Do Instead
1. Over Leveraged Trades
No matter how great of a trader you are or how much experience you have in technical analysis, over leveraging is a sure fire way of racking up loss after loss in BitMEX or any margin exchanges.
Bitmex allows you to borrow 100x against...