Just by glancing at this chart, I can tell you will 99.999999% certainty, that BTC still has a long way to fall. Sure, it could rally and fall and rally and fall, but the end result is going to be BTC at or below $1100. There is a saying on Wall St. that I have cited many times as an analyst here, but it applies now more than ever. "Never try to catch a falling ...
I have moved this analysis to a new chart, seems it was registered under the XBT" charts.
So the wedge failed (partially) as well, this shows the intention of the market was upwards. We can simply sate now, that the 3300/3200 is a level where buyers are stepping again, they like this level to buy it up. That 3320 (green zone on the right did it's work again.
Hello Crypto Compatriots,
It has been quite a while... Glad to be back.
Tears fill my eyes as I gaze through the ranks... So many comrades have fallen. The 2018 bear market has taken more than lives, it destroyed hopes and dreams.
Some unfortunate soldiers have given up on the their ideals, forgetting the possibility of a brighter future, one where Bitcoin ...
GBP/USD open Sell near 1.2650 - 1.2660
- Daily trend is down
- key level
- Price made a fake broke of it
Also, as I promised once before After 100 like I will write, when is the best to open a position with (Stop loss and Take profit points)
Hello guys, this is updated of Bitcoin from xuanhaimmoer today.
In this update I just declare little for all you because we all keep the same target as my my last prediction.
This post I want show you 2 pattern2 we are in and you may have another viewpoint about the market right now.
We are in Bearish Flag pattern and accumulate before dump more 1 step to ...
We are still following the path down my 5th Wave Ending Diagonal. Let me summarize:
Ending Diagonals Happens When:
- The price has declined extremely fast and too far during wave 1 to 4 due to panic
- Bitcoin is now oversold - Investors has begun to accumulate or buy steadily
- Descending wedge/diagonals points to an accumulation
- Ending ...
EURUSD bounced nicely off its support at 1.1310 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.1352 (50 Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is bounced off its support at 2.1% where a corresponding rise could occur.
Hey, here is my short update!
Today we could see probably a slightly bullish Bitcoin. We are below the counter trendline which is not a good sign but we didn't get a continuation leg down after the yesterday's counter trendline break which should be a good sign. Actually, from the current market situation, this is a pretty rare case that we didn't get any volume ...
BTCUSD is approaching our first support at 3076 (61.8% Fibonacci extension, horizontal overlap support) where a strong bounce might occur above this level pushing price to our major resistance at 3579 (61.8% fibonacci extension, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is testing our support and we might see a corresponding rise in price.
Trading CFDs ...
EURUSD is approaching our first support at 1.1308 (61.8%, 100% fibonacci extension, horizontal swing low support, 76.4% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.1394 (61.8% fibonacci retracement, horizontal swing high resistance).
Stochastic (55,5,3) is also approaching support and we ...
Hello, let's take a look at our lovely cryptos
Bitcoin established Bearish expanding wedge inside bigger Falling Wedge (two from three times are bullish). We have bearish H&S pattern neckline breakout.
Ethereum moving inside big Bearish falling flag. Now breaking rising support and breaking bearish H&S pattern neckline.
TUSD, USDT, USDC, USDT(S) are pushing, ...
Continuing where the video last night left off, the bulls have to change the 4 hour trend for a daily higher low to be set.
The bulls are defending support and giving us a tightening range in the daily.
EMA 12 resistance on the daily is now back in play as we tighten up, leading to an interesting end of the week!
The bulls have a chance to break the daily lower ...
Just keep it simple triple bottom on H1 and no new lows are the reasons for me to buy BTC. This is a short term trade buy around 3400 with stops below 3280 and target 3650. I like the risk reward on this one and trying to pick the short term bottom with define risk.
Don’t risk more than 1% of your portfolio as it’s in clear downtrend on bigger time frames. If ...
Gold prices dropped close to $1240 levels yesterday before reversing; the metal trades around $1244/45 levels at this point in writing and should be looking to continue pushing higher towards $1270 levels going forward. Immediate price support is seen towards $1235 levels, along with the 0.382 fibonacci ratio, as highlighted here. It could be a safe strategy to ...