It looks like its wanting to test lower support, lots of people are underwater on their longs from last bounce, dont count on the bounce, if it does bounce, im watching these areas.
Hello I would expect a big move from BTC in the following week. As you can see on the chart we have been compressing for quite a while and both MACD and RSI are nearly neutral at this point, so before you guys jump in to take a trade we should look for some clues off the heading of this move. 1 Lets take a look at the order book, is quite heavily filled with...
Well it bounced. At this point I cannot predict if it will. I do know that these 4 points are going to be potential pivot/lagging points that will give enough time to consider entering a position.
Very safe bets here.
It certainly is comfy inside its box. I'll be following it to the next box it crawls to.
Most relevant trendline right now in my opinion (vwap not part of analysis))
Bitcoin will be $30.000 and more pretty soon. But now, It seems to me this Guy will go down. First of all, because it managed by people with large volume of wallets, like 10.000 btc and more. Much much more. BTW it's very manipulated, let's try don't forget about it. Also, drop it out and up again for someone is very good opportunity to earn more first of all. The...
Hello everyone! Below I have some logarithmic and some normal charts with their potential support levels. The main chart is my logarithmic BTC-e Chart, which last night held support perfectly. However if that support breaks, we are going to need other charts to get some entries/exits for our longs/shorts. My belief is that we are going to hold at 2200$ for a...
Looks like we have some consistent support and resistance lines and our Gann fan shows some trending as well. If this continues it looks like we'll see some sideways movement, maybe some dips followed by a nice uptrend to come this weekend into next week. Price is slightly overbought per our RSI so I don't expect us to get there without some small drops.
Hi guys ,, i think the reaction of bubbly is beak down ... i hope you did sell all of your BTC and from now we going to buy all in for more big jump or slowly go up each month ,, so scenario A i don't think gone happen ... I think we should we some more break down a little bit then goes to straight up.. so scenario B is more normal now.. but scenario I, i also it...
After the two ATHs reached in a few months, now the market physiologically flushed the overbought into dumps profiting and panic dumps. The teal trendline was drawn months ago and still valid. Moreover the last two big dumps following the historical ATHs prices both bounced prefectly on the medium term teal coloured trendline. We are at the start of a new leg up...
Here we can see that Bitcoin can potentially reach its all time high, based on the 2/1 Gann Line meeting with a resistance line in the Fibb retracement at $2910. We could see some nice rise if it is able to breakthrough once it is tested. I disregarded the stochastic level, which is above the 80 threshold and also disregarded the MA and the fact it is in the...
I am expecting Bitcoin to hit targets of at least 3200 area and likely going higher given its momentum typical FOMO tops
NEM just had a very large bullish engulfing bar which could indicate a very strong bullish move. I also got a signal from my BuySell indicator and a triple confirmation with the MACD on the 2 hour chart