a little more colorful and exact with the lines. used fib charting tool simply to show the curvature in bitcoin's highs since late last year. also, we have a __descending__ triangle. i don't understand why some charters put a perfectly horizontal line charting bitcoin's low since after the spike late 2017. #bitcoin
a little more colorful and exact with the lines. used fib charting tool simply to show the curvature in bitcoin's highs since late last year. also, we have a __descending__ triangle. i don't understand why some charters put a perfectly horizontal line charting bitcoin's low since after the spike late 2017. #bitcoin
Preface: I know some may not understand where do those circles come from... But if you look at my previous works they tend be accurate - keep reading. This is still a theory in the making 'tho. I'll start with "classical" theory first, then I'll be talking about my own method. If you like this analysis make sure to "like" - it helps :) "Classic view": i) 6350...
I know im not using the correct terms, its only some analogies used to see the 'fair' price equilibrium theory in practice
Bitcoin price continues to fluctuate with in tight range and until it will not break above 6600,our perspective of being bearish in bitcoin will remain valid,our first target resides at 60100 and 5900 lelvels
#Bitcoin | $BTC looks Ready to ROCK higher! How High? Click here
A new study to add to the many I've done. Used CCI in log scale which revealed some interesting insight because all year these are the only two occasions with this much and the same amount of choppiness. The last time it was bullish. Could it repeat. My only worry at the minute is that my last key signal was bearish.
]Hi guys. Welcome to this update on the most accurate Bitcoin analysis on TradingView :) This is a follow up on my previous idea regarding further BItcoin deterioration which will happen in the coming days, see previous idea at: So far, Bitcoin has dropped nearly 10% from the previous idea's level, while altcoins deflated three times more during continual...
Megalodon Pro+ gives price long term long setups. Megalodon Pro+ Short Term Isolators turned green on the pull down. Swing Traders should wait for the next closes above 6227 to see the w. Day traders should wait for the 60 minute candle to close with the Asia Kill zone. Long Term traders should wait till after the weekend action is...
COINBASE:BTCUSD seems to be forming a double top, i think we could re test down to 6K and make another highier low or go down to 5.5-5.7K and continue on a downtrend, we still have not made a highier so the downtrend is not over yet
Is this the secret to next big buy/sell signal (UPDATE). Question if histogram ends lower than 9th Oct, in which case would add the final green vertical to my chart, and RSI ends below first green vertical of 49.8317 would that be a buy signal. The green and purple DNA of the Histogram matches two other recent occasions but they signalled tops. You will find all...
Here's my latest observation, and below comparing December's example. 50/50 price finds support and my to the moon charts/arguments remain intact. Some of my bearish charts/arguments still have 50/50 chance too.
Here is the daily chart of gold 2.09% and bitcoin -4.83% . Notice my use of Aroon 1 (blue) 11 (brown). Notice the correlation with Bitcoin -4.83% when brown Aroon hits 100. Have boxed in volatility to nearest Blue Aroon at 100. The Aroon is done using the Gold 2.09% chart. I've superimposed the brown Aroon on bitcoin for better clarity. Note that move could also...
A rare piece of public analysis, and more a warning rather than anything else after seeing so many Bullish BTC idea's on here. Lets face it, its exciting that BTC is on the verge of a potential breakout, Volume is low as can be, price is static within its Descending Triangle, something is going to happen this week. But its important that your Bias stays Mechnical...
Weekly Wrap Up Bitcoin 4HR News - US SEC Sets October 26 Deadline for Reviewing Nine Bitcoin ETF Applications. (cointelegraph.com) - 54% of Institutional Investors think Bitcoin has bottomed. (cointelegraph.com) Analysis Bull Scenario - Bulls hold $6600 +- $20. - More consolidation and it pushes up to test the 200 MA. Lots of resistance from $6640-$6770 with...
#bitcoin bull bear watch don't get caught out. A new take on signals I've been following much of 2018.
Looks 50/50 between bulls and bears right now. I've taken futures expiry and found what appears like good price pattern matches.
PART 2 of a new take on signals I've been following much of 2018.