This week we saw something for Bitcoin that we predicted on April 26th.
But it seems that this trend will continue until we see a price drop of about 32,000 to 30,000. Although it has little support on its way, it will not have enough power to keep prices high
You can follow this tip
You can follow this point, the head and shoulders will definitely appear..
Agree or Disagree ??
(I'm waiting for your ideas)
Good Luck Guys
USDCAD we have tow analysis here :-
first we can sell after breakout the uptrend line at 1.2390 .
second we can sell when he go up to downtrend line at 1.2490
all this analysis will stop loss at 1.2590
see the oil price now you will find why CAD go up V.S U.S $ . ?
We shared LTCUSD idea yesterday, we said its formed a megaphone pattern which suggests that herd are the owners
That doesn't look very tough when you see the low volume
the lesson is: the herd cannot uphold the price
so we expect the price decline to around 256.00 or 245.00 (0.5 , 0.681fibonacci retracement)
we have good chance to go short with eurusd .
but you need to know every down move now will give us big chance to buy eurusd.
and i will give you all the updates.
As I stated on 12/20, it was pretty much impossible for BTC to not sink further and significantly. Though it did have a short rebound for X-mas that was destined to be short lived. BTC is only down 7.25% since I made my prediction but with what the 3 hour through 2 week indicators show is trouble. The shorter 4 and 6 hour indicators show a reversal underway...
As you can see in this elliott wave count, since 2009 an structure that presumably could be an zigzag due the small retracement after the first five was completed, had been developing.
The complex part is the C)) wave which is forming as a diagonal.
There are several possibilities for the count of this last piece, but any of them lead a down side movement.
If...
