Hey there, anything you need to know is displayed on the chart. I am in a hurry so please forgive me. Potential rising wedge forming in a ascending channel, altcoins seem to play out similar. Bitcoin has to decide wether it wants to break the channel first with confirmation of the rising wedge, or if it decides to negative the wedge and retest the upward channel...
Interesting days ahead this is not what a BEAR market looks like the BULLS eat the coins no matter the price. I see bots buying big in small amounts and humans selling big in chunks we have 2 "bigger" dips in front of us at 9200€ (~10 070$) and 9300€(~10 180$)
short insight here. As you can see, our previous bottom before dropping to 3k at the end of 2018 has become our triple bottom and the uptrend has now carried through. We have moved equal volume as the run up in July 2019 and our 50MA is is looking to get with that 200MA to make sweet love. I believe we will fall to 8.2 - 8.3 k to find our support levels from...
Firstly I would like to point out that I am on a 1H chart, yes I understand that the 1H holds less significance than the 1D and 1W but stay with me, because short term charts bleed into long term charts soon after. I must point out that the 21 exponential (cyan) is now acting like resistance to our candles, when this has occurred in the past the candles have...
Going Long Slowly Slowly
Sorry for lack of updates lately. But here goes. Last chart I had personally taken 50% of my profits from this most recent trade entry around $9700 and then ended up getting stopped out in the $10,400's and again around $10,250 a couple days ago. From there I have just been patiently waiting. The trade was a fairly profitable one and now waiting for another...
Following a steady hourly uptrend, Bitcoin finally touched the $9000 level again and bulls took advantage of it and pushed it up to $9300 within 2 hours. Bitcoin did not crash this time and it’s stabilizing at $9250 for now. The daily uptrend is now in place again and the weekly bull flag seems to be confirmed at this point. Most importantly, the monthly uptrend...
After breaking the support level, Bitcoin will continue to rise to 10k.
Impressive run by the bulls. A couple days ago we were watching to see if the bulls would lose their higher lows on daily they had been stringing together. Depending on your exchange this did or did not happen. Coinbase lost it by about $50. Binance had a double bottom to the penny, bitfinex lost it by $40, etc. So depending on where stops were placed below those...
I will publish two other fractals those are in 1D and 240
Exciting weekly close soon on BITCOIN I am pretty sure if this weekly close above or equal to 9111 it will generate a new green candle. And maybe this is the week for the 10k. I am very convinced that we will se lower levels. Please check my other post. (We are in a uptrending consolidation.) Above $11.750 = Fireworks and rockets.
We Broke 8.2k & 8.3k resistances. 10k next!!
BTC is currently in Wave-5, where Wave-1 of this wave is the extended wave, causing waves -3 and -5 to be shorter in relation to it (Wave-3 is about 61.8% of wave-1 and Wave-5 is likely about 61.8% of Wave-3). For extended Wave-1, we see the converging upward angled triangle by connecting the end of waves-1 and -3 as one bounding line and waves-2 and -4 as the...
BITCOIN is going to hit/surpass $10.000 Drop your idea below! and let me know what you think! Goodluck.
Coin Savvy here with yet another analysis for all of you! There’s something I want to talk about with all of my viewers and it’s the 3 day chart. If Bitcoin closes this 3 day candle above its 200 sma then I would expect a move to the $9,000 to $10,000 region, this may take some time after the close as we are dealing with higher time frames which just takes time...
The complete Elliot Wave count on Bitcoin and why 10k Is likely. Video posted in detail on My Twitter Account
Left chart is btc today and right one is btc few years back. A very similar correction pattern can be seen. Last time we had sharp pump from around 400 to around 650 USD. This time this would be equivalent to reaching around 10-11k. Last time we had a slow decline in price after reaching 650ish even breaking the previous low. Bear that piece of history in mind...