I have done a statistical analysis on BTCUSD chart and looks like there's 99% probability that Bitcoin will hit 9973.40 until 11th March. We can expect a pump anytime sooner. Just watch and get ready. PS. I think this move will start sooner but for now, i can say until 11th March 2020 Disclaimer: This is not a financial or investment advice. Remember to...
hello again and welcome, feel free to view my chart above to understand my view of the market and feel free to comment your opinion below my analysis must not considered a financial advice, I am not a financial adviser! have a good weekend
Here are the 3 most strongest signals that point to BTCUSD starting on a long-term bullish uptrend, Take your time to go through the signals through the daily and weekly charts usng the moveing averages provided. If you are still skeptical, take a look at how the price reacted when the bearish and bullish signals occurred on previous occasions. I have attached...
BTCUSD 50EMA and 100MA Moving Averages on the Daily Chart have just crossed signalling a possibly long-term bullish trend. 50EMA and 100MA cross patterns have historically been very good at signalling a trend reversal. Check out BTCUSD and even ETHUSD daily charts with the 50EMA and 100MA moving averages. Both has only recently crosses signnalling a bullish...
As you can see i determined the correction as a WXYXZ correction because of the internal ABC waves and its formed as a channel rather than a triangle. At first I thought that we need another correction to the downside but it need not to be the case. Because of the break of the trendline it seems bullish to me. I am waiting now for an ABC correction...
BITSTAMP:BTCUSD Bitcoin BTCUSD just breaking out above 9000. It appears to have momentum in the hourly charts, enough to to break above, stay above and to close the week above 9000. This is a very significant level for the next phase as it appears as a confirmation qualification for a major rally to 18000. The Weekly BTCUSD chart is very reliable and captures...
Since BTC is already digital gold and adaption is just the next step. Considering that BTC was pumping along with January effect and the conflict between US and Iran. Let's consider that I was bearish already during this phase of consolidation from January 8-13 where Iran and US expressed concern to end conflict to not escalate a war. BTC then consolidated and was...
Since the chart above mentioned the RSI 14 weekly showing signs of btc on a bull run or not..in a candle stick perspective we're already right exact at the resistance area of BTC and it will show either we have a retracement-pullback then go back up to a bull run. Or...this is alraedy the top and another correction dowanrds to $5,500ish. Call me repetitive but I...
Notice if BTC goes and finds support above RSI 14's 50-52 level. It says in the bull run regardless of bearish divergences which are irrelevant at uptrends. If it's below it, it's a bear run. We're now at the breaking point where BTC will either break above these levels and confirm a bull run...or not.
If you're looking for a bullish bias for Bitcoin then take a look at the Daily chart. After that massive impulse move to $10.5k price has been slowly grinding it's way lower and lower to where price is chilling out now at $8.8k. If you're looking for a time to buy the pullback of that impulse move now may be you're time. There is a pretty obvious falling wedge...
What to look for! A break of the resistance could mean higher move, a breach of support/200ma could spell strong move to the downside!
Bitcoin bottoming from here is likely due to signs of fractals and bullish divergence at the oscillator which are the MACD and RSI. Inline as well with CCI (Removed it so the chart is not congested). Inline with Elliott Wave theory and its subwaves finishing along with Fibonacci golden ratios 61.8 matching it. I see 2 possible bottom. 1st support box is the...
According to my elliott wave count we have completed 5 wave cycle and we have entered a correction phase since btc met 14k. Because of that as wave 2 WE CAN NOT FORM A TRIANGLE and it is not a triangle. Everyone calling it a triangle, may be it's not! So what now? Now we started a wave up and then a retrace to golden ratio and from there a brief appreciation to...
Hey cryptomaniacs, I will not talk too much and let the charts speak for itsself. Watch the update-section to see every evidence. And as always, this is just my view in terms of technical analysis. KNOW that BITCOIN is very volatile and risky - TA doesn`t matter sometimes here! ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate...
For anyone interested in chart patterns there's a pretty decent looking Adam & Eve formation happening on the BTC/USD chart. Currently at resistance around 10.8k waiting for a strong move up to confirm the pattern. Expect price to make it to 11.5-11.8k region and with enough profit taking to bring price back down to test the horizontal resistance at 10.8k and into...
Bitcoin here at $9639 is looking like a great buy its very over sold on the RSI with it hitting below or close to the 30 on multiple time frames. We have established a high at 10227 and now we should be looking to establish a lower high and It looks at if we might be at the low.