BTC is inside a channel going parabolic, drawing several ghost bars from the early phase and looking to history, Gann fan and other factors takes me to believe we will achieve 10k before we have a major correction, if there will be one at all, but it makes sense to shake out things a little. We are bullish, and we are going 12k - 15k this time, don't be fool to...
What is happening with cryptocurrency number 1
It's pretty clear that after the exponential growth we are corrected :) I on the chart showed the yellow support line by combining three points. showed fibonacci levels from the first impulse, 38.2% fibonacci is a strong level and we are right on the support line. , also we have MA200. ,
If you look...
The Most Important Moving Average Period is probably week.
AS you can see, In the recent year, MA20 and MA50 influenced trend price.
BTC is above the MA200 , That is ok.
MA50 and MA100 are close to each other, then we can focus on the MA50
Look! BTC is below the MA20 but very close to cross up the MA20.
IF BTC cross up 4060 USD in the end of this week then the...
Hello cyrptoheads, I know that today was very demoralising as BTC shed $1000 that almost took 4 weeks to get to. We know for sure that insider trader was responsible for this and all retail investors were lambs to the slaughter. The only ones who survived had a friend on the inside of Wall street that messaged to go in short right before the crash. However, at...
I am a BTC bull, but I see far too many overly optimistic price projections on tradingview.
They seem to draw an exponential channel, instead of the current one, that is curved.
While of course it can be that BTC goes out of the current channel, and bursts through the upper resistance, thus reverting back to its original exponential trend,
I like to be more...
Bitcoin is now next to making the 0.382 Fibonacci retracement test (ATH to 3150 bear cycle Low) and one thing has shocked the crypto world more than anything. The considerably shorter time it has taken BTC to do so compared to the previous two cycles. Few expected such a strong and continuous rebound since the 3150 bottom. Is this right? Since most researchers...
I am happy to announce that bitcoin is super cheap for the 4-6 years long term investment.
I dont think i am a crazy. I am a computer engineer that develops trading bot called mikabot and interested in math and artifical intelligence.
I believe in math science. The universe has static math formula for the real life.
When I analyzed the mathematics...
BTCUSD seems to be in a pullback phase of its second setup bull leg. The first bullish impulse leg got retraced around 85%, same retracement level applied to the current bullish leg lands us around $3200. Judging from the previous behaviour of this pair, if its historical dynamics are repeated, the ultimate demand area can be expected around $3500-$4500. If the...
Bitcoin dominance reached its highs since December 2018. In the zone of 60%.
And bitcoin once again proved who the father is in the house.
I believe that the increase in Bitcoin domination is due to the fact that the new money that enters the market is invested in cryptocurrency number 1 - Bitcoin.
Bitcoin value really has in contrast to 95% of other...
This is not a TA, but something interesting I've observed happen back in 2017 Bull Run.
While in 2017 Bitcoin had one bull run, XRP experienced two bull runs (first in March 2017 and second in December 2017) and resulted in over 80,000% profits.
What is interesting about this chart is that we see XRP bull run just before Bitcoin took off, then while Bitcoin was...
We are sure many of you already have heard about halving of LTC this year.
It will happen on the 5th of August 2019.
The last time we were weeks before halving the significant rally appeared.
It happened in 2015 at the beginning of May.
In that time we were just a couple of weeks from halving.
Those who invested could gain 470% within just 8...
I'm watching the TRX/BTC pair on Binance and seems like the price is forming a possible Head and Shoulders pattern. It's not so explicit but if the price starts laying on the 0.00000358 BTC zone for a while, then is possible a new strong move.
For this reason i will analize the two scenarios:
1) Bearish Scenario : if the Bears will keep pushing down the price, it...