Hello all, we have seen a very violent drop today of bitcoin. Will this down trend moves continue? Looking at the chart presented, we have seen a very violent drop for bitcoin . The price has dropped for more than 17% since it reached the interim swing high on February 13th, 2020. I want to give highlight to some levels and factors of bitcoin: 1. Red dynamic...
Hello all, here we start the chart work on bitcoin again. On this technical analysis, I will cover the movement of the bitcoin on smaller degree, we use the 4 hours time frame to analyse this movement for bitcoin. Let's get start! Just like what I've wrote on the title of this analysis, I call the blue areas 'sweet spot'. Just like what you've seen on the chart,...
Hello all, it's been a very bullish pressure for bitcoin and current crypto market and therefore, In this technical analysis I will cover about bitcoin based on the daily time frame. Let's get it started. Bitcoin is currently trending at around the green region which I've acknowledged before as a liquidation zone of current movement. But, with latest movement to...
Hello all, this will be a quick update analysis about Ethereum. Let's get it started! Red zone is the liquidation zone White zone is the resistance area The price however is in its decent parabolic bull run since December 2019. And since the parabolic bull run, we haven't seen any significant corrective pattern. This time could be different for ethereum. The...
Hello all, here it is I provide you the chart work of bitcoin for lower time frame, I want to cover the short term bias and the new EW count that could be more valid than my previous count. If you've seen my previous analysis about bitcoin's expanding wave diagonal, you will now that in the C wave, we can see some other structure beside the expanding wave, the...
Hello All, here I show you the details about bitcoin. Let's get started! We have seen a huge push to the upside for the price and it's now entering the huge area of resistance too. In this chart work, I will give a highlight especially on the oscillator indicator that usually has a very important roles on my trading strategy. Based on the RSI, we've seen a sign...
Hello fellas, welcome back to the update analysis about bitcoin, this time I will cover the support trend line and the crucial levels of bitcoin. So, let's get started. Today's a very bearish day with a 1%+ down of bitcoin from yesterday's candle closure. But, currently we can see that the price is still trending right at the first support region around $9200 -...
Hello fellas, welcome back to the technical analysis of bitcoin here. Let's get it started. We've seen a huge rejection of almost 3% from the peak of February 3rd candle which produce a type of shooting star with a wick to the down side. And because the 4 hours candle has closed with this type of candle, a lot of trader has predicted the potential bearish bias as...
And here it is the short term view of bitcoin which is very crucial to me. I want to give a highlight at the grey and the green region. I do believe that the grey region is becoming a very strong potential resistance for now. But, whenever you see a certain region which is very strong and gain the same bias between one and others retailers, you must anticipate the...
Hello all, Here is another analysis about bitcoin on daily based and potentially mid term bias will be covered with an elliot wave structure. Let's get it started. If you've seen my previous analysis back at December 29, 2019. You will realize that actually this analysis is still in play with a lot of confluence reasons to support that bias. Actually, I've...
Hello fellas, here I give you another detail analysis about bitcoin based on daily time frame which is very important. So, let's get it started. Bitcoin has shown us a very decent amount of gain in the last 2 days of trading. The price is now touching the crucial area if we zoom out to the daily time frame. This area however is a heavy resistance for bitcoin, it...
Hello fellas, welcome back to my technical analysis about bitcoin. My apologize to not very active lately due to some other eve that we have to took care in last week. But, the most important thing is that we're back now and I promise you that this update will be very interesting and very detail. The clue is that this week is gonna be awesome! First, let's see...
Hello all, let make this real quick about the chart work of bitcoin. Looking at the chart above, We can see a potential 2 patterns here. The first one is the rising wedge pattern which has been broken previously and the second one is the parallel channel of up trend moves. Things that I want to say is that currently the price is touching the lower line of the...
Hello all, Happy Monday and I hope that all of you will have a very great week. Although we've seen the 6% drop on the last day of last week, I'm sure that all of us will have our best days again. Here I come with an update of bitcoin's daily view after the weekly candle closed. From the chart attached, I've found some levels that might be very interesting for...
Hello all, the bitcoin update is up again during this very crucial market update. Let's enjoy this technical analysis! We've seen a violent 8% drop since the high of today's candle. This is also once again confirming the white area which is the major resistance and the confluence zone of the 200 MA, golden pocket and previous broken support that is now become...
Hello fellas, welcome to the another day of the uncertainty and flatness for bitcoin. As a mother of all cryptocurrency, it's very tense that the price is moving with a lot of uncertainty and doubt. Now, I want to acknowledge you all with my current bitcoin bias which is very important. First of all, I want to explain about the golden pocket. The golden pocket is...
Hello fellas, here I give you another perspective of bitcoin in the daily time frame. In the last few days, the price of the bitcoin is moving so slow and we see decrease in volatility unfortunately. So, I hope after the weekly candle closes in the next few hours, we will see the volatility coming back again. First of all, I want to give you the explanation of...
Hello fellas, here is the ethereum update based on short term perspective. First of all, I do the analysis on 4 hours trime frame based on bitmex market price. From the chart attached, we can see that the price was forming an ascending type of triangle which has broken out to the upside. and because of this break out, we have seen 10% spike to the upside which is...