Bitcoin broke out of its falling wedge confirming continuation on the upside.
My charts are showing we are on the cusp of cusps. Meeting the Ichimoku resistance shoulder, which generally pushes Bitcoin higher. We're also at the meeting point of a Fibonacci resistance level based on my prediction of achieving $10k. We've already tested $8000 by hitting $7900 the other day, so we'll be re-testing it after this bounce off the Ichimoku...
Besides Bitcoin, ETH has taken a jump. Both rallies within the last couple hours have resulted in targets being hit by whales, so there has been a rapid sell off, but wait for the bounce, it's going to be a big one!
Could BTC go to 100k$ in 2018???
Just a quick drawing on the 3D $BTC chart ;-)
Bitcoin may drop to about $6700 before bouncing back to $10,000 within the next 7 days, just before the Fork. A closer look shows on the 4H chart that the Ichimoku cloud has a strong resistance level and a large shoulder. If you look at my prior TA, you'll see that as Bitcoin falls after a nice rally, it will bounce off the shoulder of the ichimoku cloud and...
Bitcoin hit ATH not long ago and broke the $6000 psychological area. With a little bit of backtesting we can see that Bitcoin tends to retrace back to previous structure and these areas just so happen to be precise fibonacci levels as seen in the analysis. Broke $3000 -> back to $1850 | 0.5 fib Broke $4990 -> back to $3000 | 0.618 fib So whats next? Well, my...
Entry at 1.272 XA Targets 38.2 and 61.8 Stops 1:1 Note: On my broker, C-point forms at 88.6 which makes this a Deep Crab, completing at 161.8 and not 1.272. Trade your plan and what you see, as this are just ideas and not signals.
Previous published idea closed in profit. BTC respected support zone (ichimoku & Support) around $5300-54000. Opened a long below $5,500. Looking to hold position throughout the coming days and move profits with price (trailing stop). Will keep you guys updated if anything changes. Thank you for the support and standing with me as i become a better...
These are my Bitcoin Fibs for Target $10,000 considering our recent level at $5800-5900 is considered a resistance level that will be no more than 61% retrace after hitting $10k. I'm hesitant to state that we may break out of the current Pitchfork. We're near the upper edge now and if we to break out, we could really move up and I may have to update my pitchfork...
I see a bullish curve pattern, in which the key resistance is just above 7800$ as seen in the graph
BTC10K From the $5,000 breakout, we will see downside, eventually to the $2200 - $2500 area. From there, its BTC10K BABY! You saw it here first, and if you weren't cool enough to buy in when I clearly told you to do so, don't blame me when you are sat there with your "real" money. #SHEEP #TheyTellYouItsRealMoney SennaLeighton.com
If we break out of the top of the current pitchfork, expect higher highs. Also, with the Ichimoku TS/KS lines in the proper order now and the TS is upward facing today on the daily chart, with KS flat, it's likely with the recent new highs and FOMO, we'll see the KS line point upward with the TS line, thus TS/KS upward facing leading to more rapid acceleration in...
Just some long-term estimates following a 38-day Ichimoku cycle. Any takers?
Bitcoin is following my projected numbers fairly closely. We could fall another 10% before the bounce. Take this opportunity to buy cheap Bitcoin! My target estimate is $6000 by Sept 29th, 2017. As with all of my trade analysis, the dates are always a little off, so figure up to a week delay after Sept 29th, until we hit the new All Time High of $6000 per BTC.
We are going to face with a .618 retracement in the major trend down to 3000 in 2 days. Remember what happened back in 7/16? Yeah, I hear what what you're saying. It's time to BUY at this dip level before we take off to the moon. Make sure you set stop loss if you get in any above .618 fibo r. level.
Pretty easy to see where we're going now.