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...
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...
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...
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...
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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...
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...
The table above describes all possible pattern variations: harmonic gartleys, advanced gartleys, pesavento gartleys, harmonic bats, advanced bat and UG. If you look closer, the range of ratios covers everything.
Now, let's go into some details...
In this test the patterns were found and drawn by MPS. The algorithm of swing identification was set to...
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...
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:
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...
No matter what this one is a pretty easy! D4rkEnergY will guide you - he cares about you. His mission is to MAKE YOU RICH!
We here have an ascending wedge, which normally would mean, we would go down. And it is definitely as possibility! But wait - Because Bitcoin might have a different hidden plan. It has escaped the down line, and take a...
XRP / BTC TA
Here we are again looking at possible patterns visible on chart. Our liquidity grab zone is located between 6299 - 6070 Sats
We should not break 6000 in order to maintain bullish pattern. If we break 6000 on a firm break, expect more downtrend to occur.
Pennant Pattern allows for breakout to occur between now and Jun 8
Ascending triangular Pattern...
W1 cycle,USDJPY is running inside the triangle,
Price breakthrough triangle can be considered buy in,
Price at 112.50 appear short K line shape, just short.
108 is a strong support level,
Short TP, Long entry.
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Short this!!!! I can't say this enough, a large bull trap is being played out and everyone is being blinded by greed, hard greed. Now this may look a bit confusing from the picture but basically, we hit the .65-.618 fibonacci retracement on the way back up which we also did in July of 2018! Now this was a cause for concern at first, but then also i noticed the...
Symbol: EUR.USD - Euro / U.S. Dollar
Timeframe: Daily, 4-Hour, 1-Hour, 5 minute
Predicted Direction: Short
EUR.USD - Euro / U.S. Dollar updates will be available in the comments section below as price-action develops.