If we look at the short term now we see a little bullflag (orange lines). There is a high chance that we will see a test of the 6800 resistance. If we break this 6800 resistance we will see 7000. Let`s pray to crypto gods :D
Just another boring chart.
Bitcoin broke all resistance/support levels on this run down. This indicates we will see more, bigger and more violent drops down. Target right now is somewhere between $5k-$6k.
This chart was done 2 days ago and this is th up date as we can see going on track to $6880 or so then we go to next wave down if all go according to plans.
The big boys just pushed the price from 8750 to 9300 within less than 2hours. NO consolidation or sells AT ALL. They pushed about 15 B dollars into the market out of thin air within 2 hours. Which crated a MASSIVE candle that need to be squared up (you can go take a look at the 1minute chart you will see that it ONLY went up). This move made it break past the...
BITCOIN DAILY CHART BUY BUY BITCOIN = 10500 - 9500 TAKE PROFIT = 15500 (SHORT TERM MONTHLY ) 19500 (FEBP- MARCH 2018) 22000 (2018 TARGET)
MACD turn up and cross lines big volume in the last weeks
COINBASE HITS $10,000 IST, THEN BITFINEX!
As Bitcoin civil war continues, so are we.... Bearish or Bullish? Beats playing Eve Online :P Its hard not to take notice of recent events, BTC, still the king and holding strong but we see some dips coming in the near future and with opposite colorations on prices, makes a solid indicator to trade with, been a very powerful week with market cap peaking out at...
IF AND ONLY IF, a reversal occurs from around 1060, on the 2-Hour chart shows the possibility of profit potential. Otherwise, may be a continuation on a higher timeframe. This may be the last chance for the price to move down near 1060 at this time if it becomes a reversal
I have seen price has pulled back to 61.8% on Fibonacci level and due to the price movement being of continuation, Fibonacci pattern shows, that from $1,006 price will move up to $1,163 (161.8%) or at least to $1,111 before a pullback/retracement OR a reversal occurs.
Looks like descending triangle to me, also BTC is losing against USDT, so it might be better to short XMR into $.