What's up traders,
Here we are analyzing ETH/USD on the 1D chart.
I posted a ETH/USD analysis lately, and the dynamics of the trade have changed now, hence I am eager to update this idea.
Price is trading upwards since our last Ethereum analysis, and if you followed me, you would have made significant profits already (See related ideas for information on...
Hi there Guys and Girls, me again :-)
Just thought I'd give you a quick update on my thoughts with regards to BTC for the next few hours, maybe days, although I don't anticipate it being a long-drawn out thing. As I'm writing this BTC is hovering at exactly the $9,000.00 mark and it seems the resistance line is keeping it in check right there. Couple that with a...
Hello all,
Just some thoughts here. The pattern seems to be fairly similar to what we saw earlier in Dec '13. Back then we hit a high of ~$1,150, dropped back to ~$400 (-70%), then we bounced and climbed back to $930 (+130%) before slowly consolidating to the $200 range (-90%).
I have shows similar points of interest with out current chart with upcoming targets...
Buy only after breaking the upper line or after closing price higher than wave "d"
don't forget active your StopLost and you need stoplost strategy " my strategy: if the candle closed below wave "e"
Leave your Idea plz...
Cheers"
Parabolic pattern of minimum and maximum values of BTCUSD ends with turning point at 40 000 at end of January.
If the scenario from 2013 repeats the first fall will be approximately -70% from 40 000 to 12000
But big fall could come if some "black Swan" news appear, e.g big exchange or wallet becomes insolvent and fails in bankruptcy.
The big crush could be between...
My preferred count is still to view bitcoin in a large correction since the manic bubble burst 3 years ago. It took 5 years from the creation of bitcoin to reach its mania high. The time it is taking for this corrective pattern to unfold still fits into the larger wave structure.
With the alt count "Entertaining the Bull" in mind, the short-term view does call...
the 02/23/16 downfall might have a 40-50% retracement before the end of the day . followed by a little fall and then we are back on the uptrend . i don't see any reason for any more falling under 2750 CNY . the Uptrend of last week is not dead but it need to breathe a little. we need some good news this week concerning bitcoin world , and some bad news concerning...
