Here CD has exactly the same length as AB. In addition, it takes the market the equal time to travel from A to B as from C to D. As a Result, AB and CD have the same angle. Coincidence? i don't think so! let's see how it goes.
Exciting weekly close soon on BITCOIN
I am pretty sure if this weekly close above or equal to 9111 it will generate a new green candle.
And maybe this is the week for the 10k. I am very convinced that we will se lower levels.
Please check my other post. (We are in a uptrending...
Regarding my last update from Feb 24 an upmove was not surpising for me. But i didn´t expect this 1.000 $ moonshot.
Is the bear market over now? The bulls took an advantage and "killed" a lot of bears, we broke the strong resistance
with a mega candle, but we didn´t neutralize the dump days from nov 18. I think we have to be careful now and
should not buy in...
Roadmap for BTCUSD (BITCOIN) for upcoming years
Everything is down below.
In my eyes, we haven't bottomed yet, but we will soon see recovery mode on Bitcoin and thats what
we waiting for, aren't we? Let's make some discussion guys.
Past Bullish Ascending Triangle Resistance line to the recent ascending channel's support line. As price reached it on August 2015, it lifted into an uptrend. A new bullish pattern could form soon with target to the past resistance ...(can use Fibonacci extension levels from the Fibonacci Retracement tool)... that came after the support of the Bullish Ascending...
As we predicted in our previous analysis we didn’t fell below $5800. You will find this analysis down below.
We are currently in a weak uptrend. Still lot’s of uncertainty on the market mainly due to lack of regulations.
There are some good news regarding above mentioned.
According to Korea Times, a number of lawmakers across all political options want...
breaks the support level and closes below it
or break the support level but that closes above it.
Right after the bear trap candlestick forms, price tends to move up.
A bear trap chart pattern is a bullish signal.
This signal forms when price hits a support level and pretends to break it only to reverse and head up.
So you should be looking for a bear trap...
Bitcoin had no single correction so far as trying to breach 10500 resistance line, starting "run" from 8800 and forming triple top (maybe quad as well) which is absolutely one of the bearish indicators.
As obviously having problems to handle with 10500$ resistance and pumped 200-300$ over, trying to "leave an impression" of being absolutely bullish by any...
Tightening equilibrium pattern on BTC. Getting close to a flex point. Must see a break. Saw Bulls attempt a breakout today. However, lower highs returned. Still, BTC is currently in a healthy consolidation after morning bull break.
BTC needs to get over $11,690.00 for clear Bull Break. $10,853.00 and $10,850.00 is a double bottom.
IMHO, BTC setting up for a...