Welcome to this quick update guys. Like my previous Dominance update I shared both the bull and the bear scenario. In this chart I would like to share with you some reasons why I think Alt season may continue for more 7 weeks. Please observe the chart with me: The Fractals, you cn see the black poly line waves have been moving like a rhyme . 50D MA: Whenever...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (9322.8). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
The head & shoulders pattern is still in play until the downward sloping resistance on the RSI is broken flush creating a higher high. We may have seen a fake-out to the downside, only time will tell but the bullish patterns have not been negated.
BTC short term bearish.... Double top pattern, target 8.5K
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Since we entered descending, I expect a breakdown to the 9.2k area like I also analyzed yesterday. Then some consolidation and a breakdown later this week....
When the dominance of BTC drops. The Altcoins are very good. Especially well show the altocoins growth in pairs to the BTC. Push ❤️ if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (9159.3). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD is in a uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (9159.3). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . BTCUSD is in a uptrend and the Continuation of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
The BTC price has increased significantly since reaching a low on March 13. The increase has taken the form of an ascending wedge, which is considered a bearish reversal pattern. It is possible that the price continues to trade inside this wedge until it reaches the next resistance level at $7750. If so, we can outline a five wave Elliott formation that would...
hello my friends see soon 7400 and resistance. so jump to 8200 and than dump to 7300. in 7300 we jump to 8500. if breaked 8500, we see 10500 but it don't break this, dump to 5000 zone Good luck me friends
Dear BTC holders and traders, After my btc study i found that btc still in down trend, and the whale effect are still high. i have checked the volume and trends, and did make this with data as expecting what btc price will become Next time. and yes -------------------------------------> 7100 area we can hit soon! I expect btc will hit soon the 7100 area! #...
The most important target are 8200-8300, its possible that we can get some small targets, but i am really looking for this target. # this not mean that it will happen.. but i expecting that this are possible. Trade always with stop limit, dont risk to mutch on trades. Have good day all!
Bitcoin looks to get a bull trap, is this a real increase or a bull trap? i expect the second one. depens on last trends/expectings/whales effects.
Bitcoin on 1D is a buy trend as it also just recently broke the minor sell trend so therefore we expect little retracements(Sell short) to respect law of support and resistance and go for a long buy OR buy and retracts a bit before going long again above 10000 so please keep watch.. Please also comment, like and share your ideas on this particular pair too. thanks!
Buy now, sell on golden lines, buy on corretions .
Not much has changed in my opinion since my last update. I think we are likely to test the 7300 - 7500 dollar area. For me we must hold this level to remain short term bullish...of course we are all long term bulls ;) If we break the 7300 -7500 dollar area we will be most likely test the 7000 dollar area next, but I believe we will see more downside action if we do