Binance Monthly BTC chart June '18 will decide whether we'll be in a 6 month bull or a 6 month bear market Let's get ready to rumble!
Bitcoin got rejected from 7800 line couple of times. We were all hoping to break 7800 and have a trend reversal but we are still in a bearish trend atm. On my previous analysis, I showed the 2 paths that Bitcoin can take, we tested 7800 resistance 1 one time, before taking a downtrend path I showed on that analysis, but failed. Now in the worst case scenario, we...
Ok, so if you followed my last analysis on Bitcoin vs USD and the Law of 6's - well here is the update. Looking at the 1 hour, 4 hour, daily (take your pick - though I have chosen the one hour for this one!) log chart - you will see that my predictions so far have been correct. In my last update I said quote: "As you can see we have found resistance once again...
Resistance test The main task is not to let fall below 7300 If support stands, you can consider options with subsequent growth
In chart 4h BTC crash down zone 7500 We can see BTC go down below 7000 $ in the next few hours BTC can will test zone support 6700 - 6800 Where it can create zone XABCD Pattern FUD, Bad news in this time. Which will Push Bitcoin go down After BTC test 6700 - 6800 We can a lot of percent will bounceback in the next fews days. In Mid-term and Long-term We...
There are no signals of reversal yet you can bribe a small but it is better to save money for a more understandable situation
I'm trying to find a Wyckoff cycle inside all of this mess right now. Granted I know we are still early on in the correction, if Wyckoff is to be mapped to current prices, this is the best I can come up with. It does seem like a very large trading range that is still very volatile. So to be honest I don't like it. But until I can proven otherwise this will have to...
I consider the fall to 7800 the buyer is weak volume is not observed
Bitcoin can go down to zone (1) Because Bitcoin fail zone 8600, Bitcoin only finding zone support strong If Bitcoin crash down zone (1) Bitcoin can a lot of percent will countinue go down to zone (2) . Which market so bad Bitcoin will test zone (3) Because this is zone support of Bitcoin in uptrend from 6600 Bitcoin go up 6600 -> 10000 in fews weeks. Now It...
There may be a rebound to resistance 8600 after which we will again test support 8200-8300
Hi This is what I think will happen to btc before the end of May, struggling under 8.9k I'll update the chart as we go
I think BTC can go up in this month My opinion red and orange New waves up trend for BTC incoming Don't miss him Trust BTC
Bitcoin creating XABCD Pattern and RSI
Waiting for the rebound to 8900-9000 I will consider the short version of the indicators in the zone 8200-8400
BTC/USD view in LOG. Weekly chart. Allowed me to get a broader picture of the market. If we break 7173 (huge support), our next good support is 4954. Notice how the Fibb measures with Sup/Res Lines
We can observe a similar situation on the indicators and the graphic model that led us the last time to 9970 usd I think if there is not a big buyer who can break through the resistance zone 9500, then we will fall into the dense support zone 8700-9000