Hello fellas, welcome back with our technical analysis about bitcoin. This time, I want to focus on potential movement in the next 7 days of bitcoin. And because current structure is beautifully related with the past performance of bitcoin, I will try to make a projection with elliot wave count. Let's get it to the point. Yesterday, I saw 2 important things that...
Hello fellas, welcome back to the Sunday night update about bitcoin. Today is the January 5th, 2020 and this is going to be an awesome update for bitcoin for mid term use of trading set up. Here we go. I have to admit that my previous perspective which said that the B wave has already confirmed could be invalidated when the price breaks the green region around...
Hello fellas, welcome back to the Sunday update of bitcoin, Just like usual we will explain the chart work about bitcoin and its long term and short term bias. Here in this post, I'll do an elliot wave count in specific. Looking at the above chart, we can see that there are still a possibility for bitcoin to head up to the upside of the huge down trend channel...
First of all, before you read this analysis, please read the previous analysis about bitcoin dominance on the related idea to help you understand more about it Hello fellas, welcome back to the bitcoin dominance update. we have seen some manipulation has occured in the past few days, especially when we saw the price surged from $6500 region to roughly $7500...
Hello fellas, welcome to another detailed technical analysis update about bitcoin. Once again, yesterday we saw a huge bullish momentum that make the price surged to the area of confluence which is around $7500 - $7600 region. This was surprising me because just to be honest with you. I never expect that way. But, it's alright as long as our position has stopped...
Hey everyone. An exclusive post for TradingView and Twitter. I think the Price Action on Agrello looks tasty and I'm looking for a final 3H/3L count. Beautiful Volume Profile and quick retracement from 1H to 1L and slow from 2H to 2L - that's textbook balance! Volume super low and indifferent so keep that in mind if your position size Again, looking for a...
You are all familiar with the similarities between Bitcoin (Digital Gold) and Gold on the long term and on a cycle wide scale. Similarities that have allowed to accurately price Bitcoin's bottom: Or still see an early entry on the Golden Cross occurence: Even spot the parabolic extension from the 0.382 Fibonacci level to the 0.618 peak: What...
Just a quick mention on something interesting I stumbled across while constructing my long term LTCBTC strategy. During the 2015 recovery phase after the bear market, Litecoin started rising aggressively prior to Bitcoin and led cryptos into the start of the new bull market. At some point it pulled back considerably and BTC started gaining momentum and lead the...
I am going to keep it simple on this one. After all Bitcoin is not a complicated asset, it follows the same patters and cycles again and again (longer term to a greater extent). So if you are into Fractal Analysis I have something for you that may be of interest. Since the December bottom we have a steady rise. Steady and not aggressive/ parabolic as BTC is still...
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...
Cryptos have a habit of repeating some patterns over and over again. Ethereum is no different. I took a closer look to Ethereum's bull market and in particularly 3 fractals which all appear to share a similar candle action to ETH's price volatility from October 2018 to date. Initial price drop, high volatility (consolidation) with an obvious Resistance and then...
Ok apart from the humorous title, what I want to make clear on this chart is that Bitcoin has entered the final stage before the lift off. Before every low is higher than the previous. Before the new bull cycle essentially begins. How that happens? Well for starters we can, with a high degree of certainty, say that the bottom is in (priced on December). The...