Key points At the moment, BTC is trading in a positive trend, the slope is much higher than the level at $9500. Based on the four-hour graph of the BTC/USD (data from Bitstamp), a bullish trend is formed with support at $9600. The trend is positive, and there is every chance that the pair will confidently break through $10000. The price of bitcoin is...
As I stopped my trades for Altcoins, I am more concerned about the King of the crypto-currencies Bitcoin. In my post yesterday, I have mentioned that Bitcoin can drop below the weak support of 8700 USD price range and bounce back from the downtrend channel and things can get nasty if it goes inside the downtrend channel however I said I am staying bullish as I...
As you can see, BTC has been trapped in that section of the the ficb Circle for some time. I expect to touch the RED ARC at some point in the future. If it happens soon, we will be down to 7800. Otherwise, we will have more sideways movements. It might drop to 7600 also, and that would cause it to became a little bit more bearish and a little bit more...
We expect a dump to 5600-5800 area - if the support doesn`t hold further dip to 4900 may occur.
As it was predicted by our team the price went out of triangle around 23 th March. We expected further growth till Fib 0.618 resistance level, which should be followed by a consolidation and correction wave. In case of completion of this scenario there should be inverse head and shoulders pattern and further growth. However, volume decreased and bears were...
I have lost my drawing tablet pen in a recent trip, so until I receive a new one I can only do crappy drawings with the trackpad. But I wanted to get my idea across somehow. Not the end of the world, but no-one likes dandruff right? BTC couldn´t bear it anymore so she went to ABC Mall and got a huge bottle of H&S, The thing had been kept consolidating in her...
A whale purse sold 10.000 BTC yesterday and the price fell dramatically. You can track his activity here: bitinfocharts.com However it was expected that something would happen as soon as Bollinger Bands contracted close to each other. We faced with a dump. The price managed to consolidate a little below Fib 0.786 support level and now it is resistance. Probably...
Well here is my chart enjoy looool !We might go sideways a bit this is my 10k playout, noticed a few tend lines so added them for sh!ts and giggles.Enjoy give me a thumbs up so i can get some rep pleases.Thought i would try cheers some people Long term definitely Vbullish.
ETH CYCLE & WAVES ANALYSIS PRICE FALLING DUE TO BAN ON ICOS
Hi friends , as per my previous chart trends are now about to get bullish soon and we are close to buyzone with one more dip. Pink Trend line which is also median trend line holds resistance level while red the original path for the BTC.
Apologies Folks.. This is what I wrote to two of my friends about 3 hours ago, and I was going to post it here, but BTC just kinda beat me to it.. :-) So this is the scenario playing out right now.. This is what I wrote about 3 hours ago, give or take a little... "Remember this is most likely just the retracement dip after the initial breakout from the upper...
I'm still on my previous big idea that BTC will have its correction to 3-5k, but we'll have the bounce up after it hit 8.9-9k
hello Guys as I said yesterday it will dump hard and sell of your btc because it breaks that major trend line now you can see its already 1000$ down after my analysis still bears dominating now it can go more down Last stage where it can stop is 5400_5800 Buy there Good Luck Stay Bless
Every market cycle has it's end and thats something good ;)
Bitcoin will move between the support and resistance until broken ($4,250 - $5,000). We have a major psychological which indicated by the white line.