From the chart, we could easily figure out the importance of trendline. Each time bitcoin failed to break the downtrend line, it went lower and lower. Once it broke the downtrend line, there would be a strong bounce.
Now, we have reached the downtrend line once again. Long if it break, otherwise short.
BTC Get $10 K as people want but what after $10 k?
as we saw last days This $ 10 k was a Psychological barrier many people be careful with it , and some people get panic and sell at the panic candle at 29/11 last month, we were mentioned this panic in our TG channel before coming by 24 H.
but now many ask i can rebuy again? i see btc pass 11 k and grow up? it`s...
About one year ago Monero started a wild Rally.
It timed right after hacks/thefts (theDAO, ETC, Bitfinex theft and ETC margin settlements )
- and with the resulting bitcoin crash.
And it was the main/only annoymity supporting currency.
(Now there is also ZEC and more to come.) "Alphabay" supporting Monero helped it too....
Recently Alphapay was taken down...
All my Bitcoin are locked up at BTC-E, which is now offline. They are stating maintenance, but the real story is in the news.
I'll predict that this will cause a flash crash as news catches on. Bitcoin may recover shortly after SEGWIT adoption in early August, but those with coin at BTC-E are...
Below I have some logarithmic and some normal charts with their potential support levels.
The main chart is my logarithmic BTC-e Chart, which last night held support perfectly. However if that support breaks, we are going to need other charts to get some entries/exits for our longs/shorts. My belief is that we are going to hold at 2200$ for a...
If btc break resistance trend line (the top dotted line) it will launch, absolute moon... then most like fall, as it did last time. If btc bounces off resistance trend line (bottom dotted line), it will fall back down to the support.
After the crash of the first bubble, a massive C&H formation began and began completion once we achieved $1150 again. Over the course of the weeks that followed, we completed the handle on the C&H formation.
We've now broken above that C&H and I'm estimating a target of $8300 for this second bubble, with a target date sometime between July 10th and Dec 2017.
I believe LTC have a bright future, but right now hype about SegWit is over.
Big players are quiting.
Breaking Daily trendline and $25 treshold will be complited H&S pattern, which means minimal $13 dump, I expect $12.7, may be deeper
Next stop. The moon? Or, do we go to Mars?
It might be a bumpy ride. Let's see how this holds up for the week. The follow through stroke is young but definite. This is a major milestone breakout.
Despite industry wide exchange problems with banking arrangements. Investors pay no attention to the problems and crawl all over each other to buy expensive...