I'm using BTCJPY charts because many Japanese are recently involving Bitcoin trading because they are know about it by the television advertisement(like bitFlyer, Coincheck, DMM Bitcoin). So I think Japanese Bitcoin market has big influence in the world. By the way, despite the correction trend in the BTC market(or someone says it's time to finish of bubble...
Linear regression and fibonacci
Easy to spot triangle pattern. I think we could see a bounce now but it will eventually go down and crash hard. I expect the bounce at the lower bottom around 8200 - 9500. If it successfully bounces now I doubt it will surpass 13500. Use that bounce to get out of the market. Don't be one of the ones left holding the bag! Like the idea to get updates! :)
I don't know why this crypto pair having my attention, I hope this will kiss the bottom and will bounce towards first level of fibo.
Posted this idea on Twitter yesterday, you had all been warned. twitter.com This follows on from my previous trade where we predicted bottom of the first corrective wave. I've since adjusted that TA slightly to show the next moves down, which we clearly did not get in that first dump. The church of Core will crumble.
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...
How has the BITCOIN/YEN pair done for you in the Asian session. Comment below if you trade any crypto currency during the Asian session. What works for you - share in the comment section below.
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...
Nothing great about bitcoin to come anymore this year. that could improve the hype/bubble and confusion situation at all. Bitfinex short squeeze happend already today next may be long squeeze Bears win anyways and they may not wait on stops but only enter/leave manually. Bitcoin did not really grow much or parabolic in 2017 by number of users, transactions and so on.
Current price trading around 7k support. Everybody is expecting this to drop below 7k towards 6k & so on. Normally BTC corrects for about 5 days but this time is a bit different due to segwit 2x being conveniently cancelled. The trend remains bullish showing intact channel uptrend. Staying neutral for now.
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. ...
High T3 divergence Prolongued bullish extension on the 2h (anomaly) 3EW Top of ascending range This is true on multiple exchanges both in the West and Asia.
Hey Guys, To sum up the show, BTC will soon be at its new ATH. Watch the new high as it should fall anywhere between $6150 to $6250. We should see some retracement from there on. Sit back and enjoy the show! Happy Trading :)