Crypto-AST BTC/USD Weekly Breakdown - 27/01/2020 Daily chart - On our last major breakdown of BTC/USD, we noted that we should expect bullish price action on BTC to the 9200$ zone and after brief consolidation at this price, we would go on to the 9400$ price level. We also noted that in terms of the bigger picture, we expected BTC to finally ascend to the 10218$...
ETH Quick Update 🔹What can we expect at ETH? As for the BTC, the trend follower remains positive over a daily and 4-hour horizon, while over a shorter horizon, in 1 hour, the trend follower has turned negative. Nevertheless, we can see a hidden bullish divergence between prices and the BTC. From a technical point of view, the daily and 4h situation is...
After today's pump, it's clear to me that we saw a wave 3 that broke a channel trendline I had. Look's like wave 4 is starting to form now, we could see price re-trace to $7300-7900 and then followed by a further push up. The bearish trend for BTCUSD should be done from this latest rally.
In my last update i can say btc show bullish sign after retracement of strong support of 8400...but btc retest after 8916 to 8575 ...but in next btc show head and shoulder pattern ...and show bearish divergence in 4H time frame..and in last update btc work on rising wedget and in following trendline btc test the line at 9032 ...this is strong sign of btc to take...
I think market can go like this That's just a possibility Dont forget stop loss if you want to take in position
I do some of my best work when I am half asleep lol after we broke 7160 I expected 6900, I didn't give a proper signal as I was still on holiday fever & market had some of the lowest volumes however what I did was I shared this chart on 2nd Jan & boy was that the perfect entry :O I missed the entry though & I went long at 6950 when I woke up was able to close...
Have not posted in a while, been busy with forex. Looks like bitcoin may have finished it’s extended Y-wave. There was an impulse wave which could potentially be a wave A. This possible wave 2 or wave B is a triangle pattern which just finished wave C and going for D and E if the count is correct.
Support me with your likes, follows and share this idea with your friends and our community. ETH/USD certainly follows the path of BTC. The chart seems bullish if we see just the retest of the breakout. 50D MA is acting as a support so far which has been acting as a resistance since 2 weeks. Let's wait for the MACD because it seems tricky atm , although we can...
If you have been following me for a while then you know I am a huge fan of Double bottom & double Top, they are one of the simplest patterns that you can find on the chart, I have been trying to learn BAT/Cypher patterns & the only way to do it is practice So here's another one why I feel this is the double bottom is the cause of we have been seeing some...
Keep in mind bitcoin January 2020 bottom 5150$
3DRIVE PATTERN XBTUSD TARGET 6095