We, have to see "big" picture, I believe in BTC, but all that is now I see on the chart and using my custom made "Woody Trading Strategy Indicator", BTC is going short, and it is going on $3200 area. But, it will not be "the bottom". I think it will bounce just a little, and next wave will go under $3000. But, I believe that "market circle" will begin again in...
Hey All, Hope all your trades are going well, Market Sentiment has to Change… In order for the market sentiment to change for BTCUSD; HODLERS of last resort will need to Capitulate before we can move up. Which in my opinion will be extremely difficult. When I state HODLERS of last resort, I do not mean, Moon Boys instead, I believe individuals like myself who...
Short term upward Elliott waves creation is possible by the following week for the pair MTL/BTC. MTL has been like most of the other crypto's for the last 5 to 6 months and even declined upto 20X in a year. Here is a short term possibility for MTL as an option for swing traders. But a breakout is expected to be in the trade for full terms. RSI is in good terms at...
Hi guys, First of all, wish you Happy New Year 2019 and the best trading to all in the next year 2019. Hope there will be more green candles as was in this year! Now let's take a look at the BTC what will possible to happen. As we can see on my chart, there is possible bounce from the bottom support line of the channel and also there are support zones below...
To date, ₿itcoin has "died" 339 times..or has it? Like the internet and sites like Amazon, people fear & discredit what they do not understand. Here we are in another moment in the timeline to which the death claims of Bitcoin persist. Where they see death, I see new life & opportunity. Happy New Year, great luck and please like/share the post if you found this...
Is just my personal opinion; my publications do not offer any investment advice and nothing in them should be construed as investment advice. Please do your research before investing. I do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of reading any of my publications. With the Viewing of the post you...
Hello friends, my analysis is taking on more and more form and all those who were so bullish the last few weeks, we slowly realize that we will not soon see a "BULLRUN". After a first look at the chart, I discovered, like many others, a potential rising wedge which would confirm my suspicion of another very strong sell-off. What's your opinion, let me know....
It was quite a feat to see Bitcoin took out all the key moving averages in one go as price rallied to 3845 earlier. Even though Bitcoin has broken above the descending channel, it could fall back down just as easily, which is why... ( Please give this chart a LIKE before continuing ) ... risk-averse traders should wait for the bulls to clear the...
Hi guys! It’s been a while since my last post so I thought maybe I would make one on the first day of 2019. It would have been great to see a big bear reversal during the final hours of 2018 but that didn’t happen so what now? Well, please give this chart a thumbs up before continuing. The 4-hour chart shows that the market has been gradually descending in a...
The ascending triangle as in all triangle patterns can be used as trend reversals. It must be noted that the ascending triangle must form at a key level of support or resistance, I like to use double tops or bottoms. This pattern forms as price pushes into support or resistance and then consolidates making equal highs and higher lows forming the ascending...
As I had stated before a short term ascending triangle has formed and looks dominate. It could be a strong bottom argument. Only time will tell. The ascending triangle as in all triangle patterns can be used as trend reversals. It must be noted that the ascending triangle must form at a key level of support or resistance, I like to use double tops or bottoms....
Bitcoin After some correction , Now making Major Bullish Channel and Miner Bearish Channel . if BTC Hold 3650$ Price then we can see reversal upto 4500$. otherwise we can see a Major Correction 3000$. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
BTC are Making a Descending Channel and a Small Minor Descending channel , Possibility are that Channel may be Breakout then we can see a Bullish Move around 4400$ which is Expected. Let see !! Warning- This idea only for education Purpose only, invest own Risk reward Ratio.
Okay it's nice to get some relief but that's all that it is. If you don't trade you better have a great mentality for the next 1-2 years. However there is plenty of money to be made off of swings. Good luck and hope all is well!!!
BTC broke its resistance at $3,750 with a strong green candle (confirmation) and headed towards $4,000 and having some sort of resistance there. However, there is an increase in volume and also the continuous green candles shows that there is a high chance it will break $4,000 and continue upwards. Meanwhile, new support now at $3,750.
Hello everyone! Hope you've been holding on through this bear market, but being a little sneaky too.. I've been noticing multiple signs that one more drop is possible for now, and you can notice previous resistance and support areas right around this area too. I'd be cautious on waiting too long though because we may start heading down again after 2-3 weeks. I...
Here are my two most likely scenarios for the next couple days. Don't be surprised if we see some volatility . There's anticipation of a move in the air. No reason to expect a substantial reversal here although anything is possible in crypto. Flights to new highs and plunges to the depth. What's not to love?
At 12 hours, 1 day and 3 day time frame chart BTC is still bearish. This means there is a negative technical background for further price movement in the short medium and long term. It is a pretty good time to open short positions In the previous analysis we said "We expect the price will slowly touch $2 800 level where lateral trend will replace the downtrend....