This may be a ' short ' shot here... but we may try to touch $9350 again before October. it would be a healthy pull back in order to push our way to 11k again. In the meantime, I will be accumulating until I see a strong pullback below $9200. "This is not financial advise". Do with this information as you will. As always, only time will tell.
Would love to see green play out, but really think it might take the red path...
Technical analysis: a symmetric triangle going to break to 20k then 13k again and then 30k . if you ask when this is gonna happend i"d tell that i dont know when exactly but its gonna happend in the next years maybe. Fundamental analysis : trade war is getting too strong as china sells the u.s bonds and also the devaluation of the yuan. china, russia, U.E is...
We've got an unimpressed bart pattern. He's eyeing our current price sandwiched between the two violet S&R bars; we'll likely be sticking around this area for a bit then heading down to test 11400 (noting the low volume). Currently shorting from 11775 after closing long from 11680. Alternative route indicated above the upper resistance is indicated by the smaller arrows.
Possible short scenario on fibonacci retracement from 61.8 line, then a bounce from the lower lows.
This is an update to my post from earlier.. It played out for sure.. "Possible" buy zones is $11650- ALREADY HIT THIS as I am posting late. $10,800 $10,250 This is NOT financial advice :) Earlier Post
Two bets in mind right now. I want to do a quick short (long on the inverse chart) from here to at least 5.5k, maybe lower if I'm lucky. Then I think the real trade is from the upper 6k, lower 7k region to the lower 4k. Using the inverse chart to help with bias
Fun with ellipses. Nothing more, nothing less. Oh actually, something more, Some moving averages. 'History doesn't repeat itself, but it often rhymes' satoshi nakamoto, 1876.
BTC is currently range-trading between several trendines. The flag we're currently in, is pointing up which statistically is a bullish flag breaking up. If we fail to gain back the previous local top at $4190, price action guidelines say. "Confirmed fail to gain will result in a lower low before it's repeated again". Meaning if we fail to gain $4190, we should be...
On the daily chart, ETH have been forming a big ascending triangle closing in may. Inside this ascending triangle we have also created a small trend line (black) which could accelerated the breakout. The top trend line in the ascending triangle is resting at $162, and all price action below this is considered being inside the triangle for now, unless we break the...
HEY ALL! Welcome to this mind-blowing chart of reversals, tops, bear-markets, halvings, ATHs, FOMO, FUD and fractals! It might seem like a lot in the beginning, but I'll walk you through everything. Without further do, lets jump into it. The first halving happened 28th of November 2012. It happened around 546 days after the top of the first big market...
So, something that's starting to take shape here on the 4H chart is this brutal rising wedge right now. I'm not saying I'd be short from here as if this is a rising wedge, we're likely going to rise once more before we fall. So I'd be looking to short right now at around $4550. It's a good level up there, strong resistance from the last bear flag and would be a...
Once we break 6.4k big panic sellers will dive in and bring us to new lows, time is near. Keep in mind we may not be at such cheap prices for too long and the market will try to shake you out once go long. Be safe.
Expected Wyckoff markdown of BTC did not play out (or as much as I thought it would. Expecting the next 48 hours to be key; IMO A break above 8800 would bring hope to consensus moon, but if it fails i'm expecting lower lows into the 7000s. Currently in with small long positions and will flip to short upon breakout below 8150; will add more as reversal becomes more...
We're at a zone for a lot of trend reversal possibilities. Many indicators show that we can flip to a bullish trend, including a potential Inverse H&S Patter on 1D StochRSI, floored 4H StochRSI, multiple Bullish Divergences on higher time frames, J-Hook Reversal Candlestick patterns forming on 4H, Ichimoku Cloud Support about to hit on 4H, Fib Retracement 0.382...
Notice how in each of these channels, the bottom line breaks after the third touch (or shortly after). The same should probably happen again here. I think could be potentially explosive as its hung out in this accumulation zone between 6.2 and 7.5 for several weeks now. I think this could potentially ride up to about 7.9k-8 in this channel before coming back...