Once again Bitcoin is starting to squeeze so another major deciding point is coming up! We recently had a small bounce right out of the fractal support zone and support trendline. Unfortuently, before even having the chance to test the top of the wedge we were knocked back down to test the same support levels again. Generally it is not a good sign to test a...
The failure of the 200ema saw price reach the 300ema. Price is currently held up by a small yet notable buy positive volume shelf. (See the values of the VPVR on the right) If we fail the 300, we go down to the 400 where there is a new buy positive shelf that is much larger and more supportive as noted by the range size. Currently, the volume indicates that...
I noticed a perfect trend line matching with bitstamp and mt gox prices the upper line i think is holding well the middle line is perfect the lower line i'm not sure off but time will tell last dip could be 5000 what do you think
target sells leading into bull wick above upper cloud edge : $11900
Disclaimer ***THIS IS NOT AN ADVICE, I AM NOT YOUR FINANCIAL ADVISER*** Most folks are looking at the wrong chart nowadays, if you take a look at coinmarketcap, coinmarketcap.com the 24h volume of bitcoin, adding all that will be $3,343,481,000, versus the volume on BitMEX which is $4,922,600,000. Do you see where I'm going it with? I bet there's a lot of...
Fibs and Moving averages tell you all you need to know for long term targets. Short and Long. The 50/55 EMA will always be a key level, zoom out, go log, look back, you'll see why.
Check Trading Window Trade #1 Channel Bounce Bounce off orange dotted line, head to red dotted line Trade #2 Inverse H&S Break-out Complete left shoulder, breaks top trend line (dotted red) and proceeds to target (head to neckline measures around 7k which would take BTC to ATH as H&S breakout is length of head to neckline) Check out our free telegram signal group: t.me
Red: Bithumb Purple: bitFlyer Green: Average of 16 BTC pairings BTCJPY and BTCKRW converted using Forex indices. So is the 16 pairing average. Fib lines drawn from each individual peak to their troughs. Interesting to note is how closely tied bitFlyer is to Bitfinex. So far I cannot see a correlation because it's so hard to look at.
50 + 200MA golden cross on 6h has been reliable indicator for bull market. previous parabolic resistance drawn by curved yellow line. up trending support drawn by white line. yellow boxes: golden crosses. red downtrend line: resistance, price to break to, by textbook, enter a bull market. RSI draws bottoms.
Bitcoin has been dropping for a while now. I consider this dramatically over-sold. I would buy up your coins while everyone else is still trying to sell at this low price!
Let's see what happens! Bounced off critical support!
Tether Bubble bursts will most possibly continue. Bursting bubbles usually brings price below the values when pump started. $700Million Tether were "printed" between January and November 2017 omniexplorer.info $700Million fake Tether coins pumped only in December 2017 pushing price from 8000 to 20000. Next $700Million were in January 2018 trying to hold the...
After touching a trendline from September, BTC/KRW has made some higher lows. This cup & handle pattern (also could be interpreted as an ascending triangle) could break out soon. If so, I think it would provide some level of confirmation for more upward movement in BTC/USD and LTC/USD.