Hope this idea will inspire some of you ! If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that video. Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can...
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Hello everyone, I hope you're all doing fine and having a wonderful Easter. Sadly my last prediction didn't work out further as we broke the major support line and plummeted into the abyss. We had followed that fractal for quite some time, but it did no longer when the major support broke. Ok, downtrend. But what now? But what could be bitcoins next move? I...
The idea behind this is the dip dates and their proportions. Chart explains itself.
The fractal everyone is talking about. Could see something like this playing out but, not jumping on the bandwagon just yet. BTCUSD
I think nothing need to say BTC tips address: 1KYDPJ4XEribrakTSTnTrEX4C3syhcFxpo Its just my opinion, don't take it too serious. This is not financial advice nor a fact that this pattern is going to happen. (but I think it will)
Can we learn from the history?
Looks like we have a similar situation in cryptos that the one at the end of 2013/start of 2014 "China crisis". If we learn from the historical price movement, future movement in 2017 should be similar to the one shown on my graph. After last bounce bear market is expected for probably more than 1 year after we reached the top. There are more reasons to believe...
Bitcoin obviously left rational / sustainable prices. And it may have got 4 times the amount of active users as in 2014 ? (according to blockchain.info) - But then, do we need to reach 4 times the price of 2014? Now users have different demografics. Back then it was coders/developers, and some who believed in bitcoin and also gamblers. probably richer in average...
Sale Volume spike on 03-18 decreased the price to 248 Recovery ever since as the market begins to emerge. Fat Buy Candle on 3-22 3x prev hi 270 lo 255 previous swing 3-16 to 3-19 hi 295 lo 246
Original document here: www.armadamarkets.com
Oil End of 2014 Forecast based on the uptrend which started in 2009 after the 2008 sell off. Anyone trading the S&P500 during late 2007 and 2008 should remember the effects it had - spikes - when oil news was announced... and the huge meltdown for transports... on the monthly chart we can see this period easily and make the MTAutoFib plot the high to low in a...
Using Wheel on other application to analysis date, turning point might happen around Jul to Nov, enter in the yellow spot, and aim for 2015 Feb @ 4.61. ideal enter at 3.5, exit at 4.5 - 4.6.
Not a lot of volume the past few days leaves Bitcoin in a CONGESTION phase until June 27 to June 30 just fluctuating without any clear direction. TA cannot be very helpful in such a immature market but a forecast can still be done. The congestion range is mainly between 582 to 621. My opinion is: (1) technically the chances of seeing 550 is unfortunately...