Priceline of Perlin / Bictoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
We have a 200 simple moving average support above the PRZ area therefore the priceline may only give spike in this buying zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000412...
Priceline of NKN/ Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000410 to 0.00000402
Sell between: 0.00000427 to 0.00000454
Regards
Atif Akbar (moon333)
Priceline of Dock / Bitcoin cryptocurrency has formed a bullish butterfly and entered in potential reversal zone.
I have used Fibonacci sequence to set the targets as below:
Buy between: 0.00000089 to 0.00000079
Sell between: 0.00000096 to 0.00000114
Regards,
Atif Akbar (moon333)
Priceline of Moeda Loyalty / Bitcoin Cryptocurrency has formed bullish BAT pattern.
The A to B leg was retraced almost 0.50 Fibonacci and also gave a spike upto almost 0.618 so here the MDA had only two choices whether to form a bullish gartlay and make a D leg upto 0.786 fibonacci or to form bullish BAT pattern and form a D leg upto 0.886 Fibonacci.
(I don't...
The priceline of Chainlink cryptocurrency has formed a bearish shark.
The RSI is close to 30 (oversold zone)
Now the price action has entered in potential reversal zone and from here it can take bullish divergence at any time insha Allah.
The targets are:
Buy between: 0.00022215 to 0.00020835
Sell between: 0.00024901 to 0.00029439
Regards,
Atif Akbar (moon333)
This is my long term plan. Before the halving I think that bitcoin will reach at least $50,000. If for some reason bears will take control of the market, which I doubt I plan to load up at $1500
My twitter: @CryptoWolfy7
Before you ask yourself if i just drew these fibonacci levels, the reply is no, they are dating from this chart below
Same as in 2015: .786 is a natural level, it ended up the bear market, so there is definitely a possibility that the same natural move happens right now.
It still could fall below and the weekly pink 200 Smma could stop Btc and a spring could...
After the sharp rise last year lumens have formed a giant consolidation symmetrical triangle marked by orange, and has been riding a medium term uptrend marked in blue. Movement out of this triangle should be considerable. Fibonacci retracement levels have been in play.
Here's the bear flag, next major support zone is $7.2-7. Following that, $6.5 and then $6.
Currently the RSI ON THE DAILY has bounced from the 30 to around 35 now, 20 is still my target zone (because it historically bounces around there) before I scale in though I may take a small position in later tonight.
I don't think it'll get that far but we shall see!
Bitcoin never stops surprising us. $8400 is the real test an has been for a while. Remember we are still in a bear trend, so be on the look out for bull traps
Some things to watch out for:
- Bull channel forming/ bear flag
- Testing $8400 and .382 Fib
- If the triangle is still in tact, we will see $7350
- Bottom of cloud, watch for the break
-Needs to break...
The black downward trendline that the current candle is touching is very important to us.
1) If we break this and BTC holds, we (COULD), be headed to a new ATH in less than a month.
2) If the black downward trendline continues to push BTC down, but that strong support zone box holds, we (COULD) be at the same price in 1 month. This would be great for ALT coins...
