Hi, friends.
My view on XLMUSD.
After fixing and last buyers points we have a new balance (consolidation).
Right at this moment as I write this analysis this new balance goes down.
In this case first support level will be
0.2402 and 0.2122 (POC of the last wide balance).
If the price will return back into the new balance in 1-3 bars,it would be a false break ...
Hello Traders!
Still not sure where BTC aims?
We like quotation from Barry Silbert, founder of Digital Currency Group which is one the most prolific investment fund.
He said:” When the chair of the Fed says negative things about bitcoin, and Howard Marks says negative things about bitcoin, and Ken Griffin says negative things about bitcoin, and bitcoin doesn’t ...
Dear folks,
As we told you BTCUSD was staying in the blue channel for the most time. Recently it attacked to 100 MA and got rejected. In order to see bullish run, we need BTC to find support and then retest 100 MA.
This support may appear at 50 MA (which is crossing the blue vertical line)
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Check our latest analsis ...
Bullish on high tf. Playing within a descending wedge. Can test the bottom of the wedge before going again but there is high chance that it won't as bullish divergence is holding for more than eight 4 hr candles.
Could this be?
Im going to post a bigger time frame analysis of BTC that is making me think that BTC will hit the 40k for end of 2018 or begining of 2019.
For now, a very clear H&S as formed and if it has strength enough for bounce right here we could see BTC reaching the 7.5-7.8k usd.
Educational Only
If you like my ideas, please hit Like, leave a comment, ...
Just looking at the historical chart, seems to be a clear correlation between the end of the corrections and the last 2 halvings.
1ST BIG RALLY FROM SUB 1$ TO 30$, AND FIRST HALVING
https://www.tradingview.com/x/euZMRe8o/
2ND BIG RALLY TO 1100$, AND SECOND HALVING
https://www.tradingview.com/x/SaUuUsES/
3RD BIG RALLY AND THE ACTUAL ...
It appears we are forming an inverted head and shoulders bottom on the daily after breaking out of the current short/medium term downtrend line from 10k.
Successful break from this will lead to a trend back to 8k where we will meet resistance with the longer downtrend line,
with my best guess being we will form a shallow accumulation zone in this price range to ...
Hi Guys!
Once again thank you for being here!
Many of us are trying right now to figure out what’s going to happen with BTC and with the whole market.
As we predicted we didn't fall below $5800 ("WE ARE SAFE WE WON'T GO BELOW $5800" down below analysis).
Don’t worry within couple of years it will be worth trillions. The whole technology will change economy market ...
