As the bears continue to weigh us down away from 11000 at every chance we now respecting the sloping resistance line on the downtrend, nonetheless we still need a decision as there are wicks flying in every other direction. There is a lot of selling and buying as swings as high as 6% make for considerable profits in either directions. I would await a lower low to...
$9500 is s strong support for Bitcoin. This is the second time it is trying to bounce back from this point.It needs to close the daily candle above the support to make next upward move. Good news is over 16 Million Future contract bought around $10200 and you can see after that #Bitcoin spiked in no time. RSI is in control but the major concern is 21MA as many...
What a bloody Monday again. And lots of bearish charts around pointing to 8.4k and even lower. But Bitcoin be Bitcoin. Do I see a big rising wedge forming on the weekly? I wouldn't mind if Bitcoin gets pumped to 15-16K first before there's another dump. Just a bit of counterthinking here...
Traders, Here we have BTCUSD 1D chart. Previously talked about BTC in 17 updates series we have few ideas errors, but perfect movements predictions kindly check the related idea from JAN 2018. Now we have a possible bullish bat to be formed, but will have many supports in its way to be confirmed. The final target of this semi crash is 8k . Semi cause we don't...
Just my 2 satoshis... Price of Bitcoin at the end of the year (Dec 31, 2019): 20K route - bullish: This is the safe bet. 50K route - very bullish: In the past Bitcoin surprised everyone in every single bull run by going up way faster as expected. Why would Bitcoin do it differently this time? I'm going for 50K. (Since I expect 50K and Bitcoin...
Big Tree fall hard. BTC needs a breather. Is there such thing as a short squeeze?
#Bitcoin_Update #Possible_Scenario_01 This is not a confirmed signaling prediction but it is just an idea given based on the trend and price action Bitcoin is showing. We are seeing a huge correction on Bitcoin by the last 24 hours and it is showing one of the Flat corrective wave specifically an 'Irregular/Expanded" correctional wave creation. Some Points On...
#Bitcoin_Update We are happy we achieved our Bitcoin prediction 2 days earlier that stated a bullish run of Bitcoin to its yearly high levels once again and reached $11.2K so far. Currently showing a bullish scenario if it can close in such momentum by the end of the weekend. Indications and Scenario's Indication are still showing a bullish trend continuation of...
This looks more like a retracement to me. Of course this is a game of probability. I'm not saying it's going down but it is more likely. This is just my opinion. Disclaimer: This is not financial advice Trade safe Atilla
Here CD has exactly the same length as AB. In addition, it takes the market the equal time to travel from A to B as from C to D. As a Result, AB and CD have the same angle. Coincidence? i don't think so! let's see how it goes.
Bitcoin gained nearly 400% from the very bottom 3156 USDT on Binance. Now, after several attempts to break levels and succeeding to do so, we are approaching second time to the main resistance zone 11700$. That is the point which can't be crossed in a single breathe. As pushes towards 11700$, will experience huge pressure on that level, therefore, 11.700$ is...
Traders, Here we have BTCUSD 1D chart. Previously published a neutral idea about BTC fight between 6k & 10k and we have a winner here you can check that idea here below: So what's next after 2 confirmed bullish patterns 1st one Harmonic and a Triangle both were with the same target 10k pullback must obey the Fib level 2 and 1.68 and these levels leads us...
In my opinion bitcoin is in an overall BULLMODE. But we need to get a healthy correction back into the buyzone. At the moment we create a classic bear pattern with a bear flag. A bear flag is a correction in a downtrend. For me there a no bullish signs at the moment. But in cryptospace everything is possible. I will wait for lower prices and buy with cost...
BTC WILL HIT 13360 ON JUNE 15-17TH!!!! 100 PERCENT! THEN A 15-25 PERCENT RETRACEMENT WITHIN 72 HOURS AFTER WE HIT THAT TARGET!
IF WE DO NOT AT THIS MOMENT FORM A HIGHER HIGH THAN OUR LAST AND IF WE DO NOT CREATE ANOTHER LOWER LOW I BELIEVE THIS UP-TREND STILL HAS SOME STEAM, SOME CHANCE, SOME HOPEFUL PRAYER TO CONTINUE ON OUR BULL TREND WITH A BREAK OUT COMING VERY VERY SOON!!! THIS NEXT 3-6 HOURS WE WILL KNOW IF THE BULLS ARE STILL STRONG AND FRONT RUNNING OR IF THE BEARS AND THEIR CLAWS...
SO I FEEL THAT THE CANDLES COME MAKE CONTACT VERY NICELY WITH THESE TREND LINES I HAVE DRAWN AND THEY EITHER GET REJECTED OR THEY BREAK THROUGH TO STRUGGLE TO THE NEXT TREND TARGET. IF WE CAN BREAK THIS PATTERN TO UP OR DOWN SIDE I BELIEVE A 10-20 PERCENT GAIN OR CORRECTION WILL FOLLOW IMMEDIATELY AFTER!