Minimal txt on this one. Thought this move would extend down to 2.9-3.2k, but noticed volume/price rising as well as OBV in a Wyckoffian structure at 35xx Previously all Wyck structures had OBV falling and subsequently broke down. The important thing to here is to look at possibilities, and at present, the larger picture shows that this is more and more...
Today example Microsoft and BTC. Just can see this days red, red and more red in all the charts from crypto, so for me is time to just be in the side and look, just wandering again the same crazy idea of the big whales are following some patterns, as I said before maybe they need a path...if not this game called crypto will be a total mess in that case is better...
BTCJPY more sell off to come as it breached the previous support zone.
So we got a new ATL for 2018 here are various fiat charts for reference on the weekly timeframe no-one can really doubt we are now in a full bear market to get OUT of bear market we need to move above these red trend lines of resistance which will not be easy!! having huge success in our VIP prem group, join our free channel for more info big up and peace be...
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY*** Right now bitcoin is inside a Symmetrical Triangle Chart Pattern, we still don't know where it goes next but one thing we know is that soon the directional decision will be made. If it breaks upwards the target would be $10,000, otherwise will go to $4,150 based on the...
As BTC continues squeeze, many like myself are stuck wondering when the next move will happen. Looking at the daily chart of Bitcoin on log scale, you will notice that it is inching its way closer to the long term trendline. It appears that if the price remains stable, within the next day or two we will come into contact. Once contact is made, I believe a large...
Throughout all of this chop, it appears that Bitcoin has formed a possible head and shoulders pattern. As I am writing this post, BTC is currently re-testing the established neckline. IF in fact we do continue breaking down, I have a primary support located around $6000 or in the green range shown above. There is also potential trendline support around...
Lots of bottom signals, @PeterLBrandt's fulcrum compounding bottom + descending wedge + wyckoff accumulation. Adjust your seatbelts, we are going for a ride. $btc $crypto #bitcoin
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY*** Typical Descending Triangle Target 3,000 USD or 310,000 JPY *** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY***
Some positive action from Bitcoin rasies the market spirit and some of the alts too here is BTC in four of the main trading pairs with fiat been a nice day for scalping, golden crosses about to form CoP indy moves bull mode and 7,500 area would be next bull target looking positive to move up more, will be a slight pullback i expect but nothing to harsh if it...
Technical Analysis Hey guys! Sup? Hope U are doing fine, so let's talk about our favorite bitcoin. So we saw really choppy moment in bitcoin past week and a failed attempt to cross $6600 Level. It got rejected 3 times and breaking down. So let's come to the chart. The Black Line on the chart represents the mean line and hopefully the bottom of the bitcoin will...
If history Repeats and Weekly closed below 5800 we could see a breach to 5000 level then another test to 6000 then the final doom to 3000 area 2014 1D View First dropped 64% then broke down from triangle about 60% 2018 1D View First dropped 66% if broke and idea is valid we could reach around 2600-3000 area for monthly view 50 Likes to get updated if idea is...
Technical Analysis Hey Guys what up! Sorry i wan't available for long but now i'm back and lets talk about our favorite Bitcoin. Lot's of news we saw ETF got rejected, Starbucks and many more. So let's start with the bull run we saw a week ago we bounce from $5700 To $8500 very good run but we got rejected again at heavy 61.8% Fib...
It was looking so good for a bull run (it still is BTW) and then out of the blue on a Saturday the market has an immediate unpredictable crash. You could panic sell but in all likelihood this is a market manipulation caused so that you do exactly that. Indicators are still in place the an exponential rise so dont make the mistake of selling the dip. Rothschild...