Based on bitcoins previous corrections we can easily and precisely find the location of our current correction. Although this is being posted prior to bitcoin reaching its ultimate bottom investing now would still be worth while. As you can see the next bottom point following the current, and passed correction is at the same angle. Thus a line is shared among both...
The price action of BTC on Wednesday and Thursday was crazy and unsustainable, BTC over the last two days has been pulling back, this chart shows my thoughts on where BTC may be heading.
As I say on the chart I believe that the price action of BTC over the last couple of days has been a bit irrational and there needs to be a cooling off period. IMO we could either see BTC drop back down near the trend line before starting another uptrend or grind sideways for a bit (consolidate) before making a move higher. Of course, I could be totally wrong on...
Place Short on breakout signal. Stop Loss and Take Profit on chart!
Long term Bitcoin prediction for 12 months from today. This is simply based upon the current pitchfork and guessing dead center, December 6th, 2018.
BTCUSD Bitcoin Price could enter these boxes, be ready to build your Long Position if price reach it.
Okay, so first I should say that I am still very bullish on BTC long term, I am just talking short-term movements here. There was a massive drop in price yesterday followed by a recovery of about 50%, but was that just a dead cat bounce? Will BTC rollover from here and head lower in the short term? To me there looks to be pretty good support between $9400 and...
This is one possible scenario that I believe could play out in the price of BTC over the next week or so.
There still seems to be a lot of correlation in the prices of Bitcoin and Litecoin, I am pretty sure the same would be true for Ethereum as well. I am not really sure why this is the case unless it is just that people are buying and selling the major coins and tokens based off of what Bitcoin does, but to me, that seems kind of strange. I know Bitcoin is used to...
BTC has been consolidating just below $8000 for about 24 hours. BTC has made about 4 attempts to break $8000 but so far they have all failed. Looking at the 15-minute chart BTC has now pulled back a bit and I am looking for it to stay above the recent low of $7536, if it does and puts in a higher low I would look for it to move higher and possibly break $8000. If...
Hey everyone, Yesterday As I published Bitcoin was closed to $7900 and as expected fall down that's why I always tell you to pay attention when you purchase Cryptocoins, Today I see a divergence on the oscillators that don't confirm the Bitcoin rally it's for a very short-term correction soon will start making a correction upside and the volume keeps on...
Could BTC go to 100k$ in 2018???
Looks like the up trend from the $2980 low is not complete yet. Looks like more upside still to come ( Suspecting $6300 zone ) before a minor correction to the mid or early $5000 zone ( Suspecting the prior 4th low area labelled 4 of 3 ) Following this correction there should be one more new high before a much bigger correction ( Suspecting back to the late $2900...
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...
Bitcoin 1h lookin bullish AF right now: - Consolidating at the end of an ascending triangle - Kumo twist - Kijun sen cross - B bands tightening Higher time frame charts look pretty dank also. What more do you fucking want? Conversely, a downward break out of the ascending triangle would likely head for the flat top kumo exactly at the $5500 mark, with the...
As we see bitcoin formed a resistance zone at 5600-5800 and now we have to wait to break it so it can continue the bullish trend !
We all know that bitcoin is the hottest market right now and today it gave the signal that the bullish trend is activ and very strong... just broke the 100% fibb zone and the trend might go and touch the 200% now where the price shows 7000$ !