I think this will go to $0 again.... no doubt...
Bitcoin is looking to start and already did start the wave 3 and all we should do now is wait for the pump and see where it takes us I have two targets for this pump as the market has not been clear. So in my previous chart I was saying that 7.1k is my target but now I can see that, this would then only be a 400 USD pump which is not what we expect from wave 3, so...
Bitcoin is yet trying to make another reversal pattern, and last time I saw a reversal we were in this price area too but I was thinking the wedge is going to take us to the top of it so I predicted 10k but we got retraced to the start of the run so what I think might be going is this is might be a big bull run and we jut got wave 2 which can retrace 100% of wave...
BTC is having trouble penetrating the cloud and breaking the 100EMA. Also, in the same area is the 0.382 retrace of the move from 9990 to 5755. For swing trading we believe that this the middle of a no trade zone because of the bad RR. The 7780 – 7930 area should be treated as major resistance and the 7050 – 6850 area should be trated as major support. At these...
Price BTCUSD did not manage to hold 8500.0 level yesterday and retraced downwards below the Bullish Trend Line. For now, bitcoin is trading above the 8200.0 level, the short-term price pattern looks bearish. To reconsider the bearish pattern we need to see a breakthrough of the Bearish Trend Line. Nonetheless, the take-off from the 8000.0 level, from a week ago,...
Price Bitcoin spent last days fluctuating around 8500.0 level. 8500.0 level lies close to the Bullish Trend Line and is considered an important support for the April – May bullish pattern. As long as the price holds above the Bullish Trend Line, the overall bias still stays bullish. Breakthrough of the Bearish Trend Line and 100-days EMA afterward would be...
Price For the third day in a row BTCUSD going through a selling pressure, the pattern clearly looks like step-by-step sell-off of the currency. After the recent volume peak at 9330.0 level, the coin fell to the 9000.0 level + 100-days EMA, with low volumes, not finding a buying support. Breakthrough of the three-days Bearish Trend Line is required to consider a...
Price A breakthrough above the 9000.0 level, which coincides with 100-days EMA, was accompanied by a noticeable volume jump. Today peak of volume distribution lies near to the 9250.0 price, which is halfway to the next resistance level 9500.0. The longer BTCUSD will hold above the 9000.0 level – the more confidence buyers gain to continue buying in anticipation...
BTC has really struggled busting these highs. On ETH and XRP momentum was in our favor to put buy stops above and really play that upside. BTC should technically move to $8,800 but man has it been slow at breaking out. I would use caution trading BTC breaks right now. I still prefer buying dips for SWING plays. ETH and XRP are really what's in play. But I will...
In this chart we have BTC/USD in the green and red bars, while ETH/BTC in the purple and magenta. I want to compare the two to really understand why BTC is moving up the way it is and identifiers that will help us know when it will reverse and a potential trade opportunity. This will help us know what to look when we enter and knowing why and how to be...
Here is our forecasting report on BTCUSD (BitCoins) for 2 February 2018. Based on our forecasting techniques, it would appear that USD3,500 is possible for Bitcoin. Will it happen? Let's monitor this very closely. Good trading NinjaSingapore 2 Feb 2018 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or...