Financial sector is leading the market at the moment but petrolium within industrials is also showing signs of strength. $BCT stock is in a buy zone:
1) Relative strength curving up on daily and weekly - potential outperformance
2) RSI in buy zone
3) Massive falling wedge approaching its apex, watching breakout today
4) Volume signature shows the presence of...
So we have very strong break out over MA200.
When we had similar breakout in october 2015 - we rose from 250$ to 20000$.
When we had strong breakout in march 2019 - we rose from 4500$ to 13000$.
But we have some resistances to go:
9500$ - border of triangle on linear scale
10000$ - border of triangle on log scale and psychological mark
10500$ - last LH
XBT looks as though it's heading up. Waiting for the resistance to break and then for the greatest to get in.
Also looking for divergence on the 4 hour of support before entering. Any wicks to the bottom, morning star, bullish engulfing.
getting out at the next resistance.
Hello friends . as we have seen the previous analysis was invalidated
now I have a btc chart in a week's time
and I project for 2019
entering with BAT macro pattern .. do not go freeze or sell at minimum ,,
* but are your decisions *
as I had told you in the groups
It will be my last btc purchases with fiat money (I'm taking advantage of forex to do it)
HADOUKEN Traders...and entusiast,
I am The Real Johny Button !... hated by press and loved by the haters! Lets look at my opinion on BTC today:
This is an add-on to a post i made the other day, saying to always start your own analysis by reading the big 1day charts before following advice from anyone. I also stated, and named, a few top publishers on here are...
Welcome back to my page. if you guys recall last week i told you guys that we could see bitcoin closing the week at 8,900 to 9,100. Well, it turns out to be another hit for us as btc was able to hit pass 8,900.
on my weekly chart we've been able to break out of the trend line and heading up with strong volume. this is the best time to enter your bullish...
BCT / BCH experienced a coordinated pump/dump that spiked the price of BCH up to $5K and has (so far) found support at the $3000-3200 range.
I'm not 100% positive the first wave down after the peak is a 5 wave impulse down or a ABC correction.
If a ABC correction BCH should move up before hitting the B point.
If a 5 wave (which I think it is) expect to retrace...
MGTI has formed a massive cup and handle formation over the past year.
Target price of $5-6 before EOY with a price of $12-15 in 2018, possibly spiking as high as $20+ next year.
Wave 5 completion taking place now?
MGTI is the largest miner in North America and shaping up to be one of the world's largest. Buying MGTI is a great way to invest in Bitcoin because...
Disclaimer - I'm a TA in the making, still learning and studying all day everyday. Expect mistakes and nooby errors in my charts.
The NEO chart is showing a possible trend reversal with a H&S formed, right shoulder broke down through the bullish trend line, then came back up to test the broke trend line and was rejected.
Experienced TA's, would love to hear...