3rd wave (Primary, Black circle) = 261.8% projection of w1.
and ...5th wave = 161.8% projection of w1-w3. + AO-convergence of w3-w5 (green arrow, yellow-slate blue column) and bearish divergence within (red arrow).
Wait and see for open LONG around w(4)....@1400+- USD.
Bitcoin Likely to Rise in short to medium Term.
Rising Trend lines and Target on Upper H Median line.
Well Supported around $9000.
Target around $11,000 to 12,000
Even though I am holding BTC long, I am not biased to just say BTC to $20K, although that would be nice.
Prince indicates a nice upward trend overall and we could well see $14-$15K soon.
Litecoin is surprising us day after day. This is a fact.
With the expectation of the Halving of 2019, long before the Bitcoin that is predicted for 2021, the price does not stop to rise.
In the coming weeks, we hope to have a super aggressive bull run!
Let's watch the next episodes!
I'm watching XRP very carefully because if it fails to break out of the year-long wedge its been bouncing in than we most likely won't see a big pump until the end of August, which isn't for many months!
Many are expecting alts to pump hard as capitals flow into them after Bitcoin crashes in Mid-June but I disagree! I think alts will slowly dip and then we will...
Bitcoin is trying to gain a foothold above the historical lows, the price of which has repeatedly fought back up. The global decline in cryptocurrency has slowed. The chart shows the volume divergence and the price chart. In the near future, all attention to the support levels, if the price does not sell them, the buyers will strengthen in the average period and...
Hi Guys, I am on holiday but I always keep an eye on this market. 1211.65 was touched 9 days ago and since then it is moving between 1220 and 1232. Today it tried for the third time to break the low but it only shadowed the morning star and yesterday candlestick made a green doji with long spikes which I think signify hesitation. I don't know if this is to be...
After a miserable first half of 2018, many traders and investors are wondering when bullion will begin making a comeback. Values have consistently fallen in August gold futures, bringing the psychological level of 1200.0 into view.
In the short-run, things can get worse for gold. The U.S. FED is due out with their policy statements and interest rate decision...
This downward trendline (purple) if broken seems like it could trigger a rally for BTC. The RSI is crossing on the daily so it could break in the next few days. Trendline crosses a low of around 5500
this two trendline cross on August 1st.. If it doesn't break in that time, I can see a downward trend continuing.
Possible rally for BTC looks like it might be near. If it doesn't break this trendline in the next few days we can wait to August 1st to see what happens and if it breaks out. RSI is crossing and MACD looks like its holding above 0.
BTCUSD Depends on what happens with the tube/downtrend we are in now. If we break 6000 we may see the 5000 downside target. If we break out of the downtube we may get back in the wedge we are creating. This wedge isn't finished. So we will continu with building this wedge till I think somewhere August and could fly up again!
as we enter Summer in the northern hemisphere we are able to identify some important SUPPLY and DEMAND zones, shown in yellow and our usual Gann fans, Fibs, wedges/triangles and our trusty RSI showing us possible paths
it has been shown to me and few others every 6th of the month has been a major pivot point, so will this come on the 6th of June...