The head and shoulders pattern infers a target of approx £6700 honestly i hope i am wrong. www.luckscout.com
Don't know how I didn't see it before. Ghost says it goes up.
Update on previous Idea for price movement.
Picking up on a consistent general pattern here. Nothing fancy, just keeping it simple.
BTC has bounced from Yellow Support Region 3 times. Time to go Long Chris Terry says price is above APEX of triangle and this is next huge swing up. Unclear if he meant price will swing up to new ATH or to stay within triangle resistance Either way, BUY at current price 1st Target: £11,480 (Inside Triangle) 2nd Target: £12,480 (Outside Triangle) 3rd Target:...
Analysis of BTC forecast based on channel described and fractal growth. Next target for now is 42k usd with a little correction to 28k or a major correction to 20k and after 166k usd with a big correction to 40k usd and finally to the moon above 1 million and to the floor passing a deep depression for some time to repeat all again and again. If follow the...
This is not a prediction, I'm just sharing my two-cents. First of all, please don't get me wrong, I love Bitcoin and also the idea of decentralization. What worries me is there are too many people who don't really understand how Bitcoin and blockchain works, they are just in this market for a quick money grab. I personally don't like holding a time bomb that could...
Woke up to BTC Coinbase flash crash down to 6600 but bounced back nicely to 12000's. Selling volume was already high but continues to be fairly strong. Can we go to £10000? 4hr Stoch RSI showing oversold so not sure but 11000 definitely in play with 0.5 Fib level at 11350 and possibility for more selling momentum if we break through 11000. Patience at this point...
Trend continues to be bullish across the 13ema with a projected bullish channel.
BTC to correct close to 90D LR, then continue aggressive 90D LR uptrend.
Hello everyone, this is JoE. I'm going to short this real hard, 3 red boxes are targets I'm aiming for. BUT, don't get me wrong, I'm bullish on Bitcoin but this has gone way too far from what I expect it to be. People are overtrading with margin, investing with borrowed money, some people will die on this one for sure. I am going to short this,but don't even try...
There doesn't seem to be anything stopping BTC as we progress further into December. With the launch of futures trading I predict this will push BTC towards to the £10k mark at which point the volatility of BTC might start to diminish and we could see our first correction down to the 0.618 FIB or 0.5 FIB (£7.3k and £6.4k respectively). Anything sub £5k i'm all in...
#BTC #BTCUSD #BTCGBP #BitCoin Bat Pattern Short Idea for reentry This will complete "Return to Normal" Phase
#BTC #BTCUSD #BTCGBP Massive 2618 Short Opportunity
#BitCoin #BTCGBP #BTCUSD Showing Double Top & 3 Drives Pattern
#BTC Bat Pattern #BTCUSD #BTCGBP #Bitcoin
We have experienced 40% drop twice, the first one took 36 bars, the second one took almost half that due to China Banning Bitcoin news and Jimie Dimon's comment which obviously is abnormal and technically we should apply some adjustment on that. As of now I am assuming that we will see the price plummets to 4400~4700 range with correctional Elliot wave ABC count. ...