Hello fellas, let's make it a very quick and detail analysis about current bitcoin's condition which is crucial once again. This analysis will cover the bitcoin's potential movement for short term time frame. So, let's enjoy this technical analysis. Looking at lower time frame which is the 4 hours chart, I see that currently the price is trending closer to the...
Zooming out to see a little bigger picture and fun ideas for BITFINEX:BTCUSD Weekly Daily is below
Ultimately, I see no logical reason for "new lows" or even 3ks again. But anything can happen. I believe these levels will be some of the best bets for long term additions/holdings. Ik The daily is filled with memes but cool to see how things play out. HA candles again preformed much better overall. Could be heading for a big move soon based on that...
Hello guys, it´s time to look at the bigger picture again. As usual I am using the 3D interval to try and figure out what are our odds here. Fact is, we could be on the well known gigantic symmetrical triangle, which increases the odds, we will follow up the downtrend until a possible support will be hit not before middle of 2020. Does this have to happen? No,...
FTMBTC is in the apex of big triangle so in few days I´m expecting massive break out from this triangle. Take profits, Stop loss, rezistence, trend lines are set in chart :) I wish you at least 20% profit ;))
Btc appears to be forming a bullish pennant on the daily. Pennants are usually continuation patterns & very rarely produce a trend reversal. The move before the pennant formation is in an uptrend, so btc is likely to continue its move upwards if it breaks up above when we reach the apex of the triangle (we're nearly there/possibly already there). Another key...
Hello Traders, Welcome back to another update, this time on BTC, The Calm Before The Storm! Bitcoin has been trading within a very tight range coming into its apex within the macro descending triangle formation. Usually this is a bearish formation, however coming from a very strong impulse move up, we can literally break either direction… Points to consider...
What is up my people? Have not published a trade idea for a while because the market has been mostly moving sideways since my last post and my last trade idea about a possible resolution to the downside still holds as much water as it did a week ago. However, recent developments give me a hint that we might have an explosive resolution of this insufferable macro...
Hello Traders, Today's Chart will be on MATICBTC Points to consider here are, - Bullish trend on the 4hr time frame - Next Major resistance is at around the RED zone - RSI on upwards momentum, putting in Higher High's - Stochs looking into upwards momentum - EMA's currently giving price resistance but looks weak - Below average volume coming into Apex...
Which is pretty bullish IMO
The release of apex legends and the announcement of battle field 5 battle royale is backing this bull run. I initially bought at 96 but chart has given another entry
From Dec 26 post the wedge apex is here as is a powerful Full Moon both marked for tomorrow the 20th. Nov 9th marked a swing high above the wedge boundary which if redrawn pushes the apex out two weeks. Be nimble kids
The highlighted red apex is the path likely for BTC in the coming days. The apex is around 6300. Not a whole lot of trend momentum at all, so more flat-lining to be found (with the slight bearish slant from the slight RSI divergence) Yawn! Wake me up on a break above the upper black bearish trend line
BTCUSD failed to break above 7.150. The bull run was short-lived. We are back into a demand zone (blue box) that worked multiple times this year. The apex of multiple triangles is closing. A fair strategy would be to buy at the bottom of the blue box or closer to 6.200 USD - with a stop placed right below 5.900. If 5.900 is breached, then we should consider shorting.
Short term bullish if technical break of long term apex with high vol MACD curling Entry @ $8.00 Stop loss @ $7.50 Exist @ 9.20
XRP Ripple looks like its making another, yes another, ABCDE Symmetrical Triangle. This would explain why I couldn't count 5 subwaves for our wave A in the correction. Triangles are 3 - 3 - 3 - 3 - 3 patterns. and then they break out. We already hit the 0.236 Fibonacci retracment, and I suppose we could be finished and ready to break out. A 0.236 Fibonacci...
No longer a bull pennant but instead a full on ascending triangle. It has found strong resistance at the top trendline of the triangle and needs to close above 8960 for a breakout. We have cut above the psychological resistance of 9,000 a few times now and if we can close above 9,000 and flip 9,000 from resistance to support then I belie the bull run will then...
A quick update we are reaching a pivotal point as we approach the apex of this falling wedge as well as continuing to follow this potential eve bottom quite precisely. You can see here on the 1 day chart we are currently up outside the falling wedge on the current 1 day candle...like the previous 1day candle, it is finding strong resistance at the t line(in...