It really looks like it has become time for a big upwards correction soon. The bears seem to have lost strength, their conviction seems to be gone the past week and when looking at certain factors, it seems like bulls are slowly peaking over the fence to if reinforcements have arrived on the other side of the war zone. These bulls are also starting to see these ...
In the previous analysis i described 3 scenario's, which covered almost every possibility from that point on, but still the market chose the road that did was different than these three ;). Anyway, we had that higher low with the small bounce up to 3400ish again, but after the bulls lost momentum i gave a small warning about testing the lows again. So the first ...
I will do this very brief cause we are in a very interesting situation - We might already have reached the bottom without most people haven't even realized it.
Most would have expected a huge bounce, before a real reversal would take place. But we have mixed signals, and some of them might indicate, that we already have reached our low for now.
Good Day LOVE... And it is...
Hit LIKE and we start with some phrases coming out of the money people in this reality... And these people have lots of money; let's see what they have to say to newcomers like us (crypto-traders):
"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the ...
Trade Pair: BTC.USD
Time Frame: Daily / 4hr
Predicted Direction: Long ( $4,400 )
BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
BTCUSD is approaching our first support at 3039 (61.8% Fibonacci extension , horizontal overlap support) where a strong bounce might occur above this level pushing price to our major resistance at 5026 (100% fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap resistance ). Stochastic (89,5,3) is also approaching support and we might see a ...
We've been trading WABIBTC since September 2018.
Here is an updated version of our trade. I hope you like it and enjoy the profits.
WaBi Trade instructions & Targets by Alan Masters
Buy in: 0.00003810
Exactly a year ago - 17.12.2017 - Bitcoin made all-time high, good old times! :)
Back into the reality and here is the short-term BTC price update.
Currently, the price makes a breakout from two chart patterns:
1. First one is the bigger and it is more known as a bullish pattern "Falling wedge" (black trendline), formed since 6. December. Since yesterday, ...
Looking at the daily and 4 hour charts, it honestly looks like a bounce is overdue.
Seller exhaustion, accumulation on whale exchanges such as Bitstamp and Bitfinex. I have been watching a lot of Bitfinex and Bitstamp. Coinbase is meh since lots of retail trade there.
We are breaking through resistances much easier in the lower timeframes. If you still short ...
For a variety of reasons I no longer believe that $2,718 will be the bottom of the 2018 Bitcoin’ bear market. I am now very confident that we will return to $1,000 before finding a bottom. That is due to Tyler Jenks’ hyperwave theory and the Point of Control on the Visible Range Volume Profile with > 2 year look back | Calling for $35 ETH before the end of 2018, ...
Currently a triple top at the high of this bounce, with a clear support level that must hold for short term bulls.
Keep in mind that even with a bull break we still have daily EMA 12 resistance waiting.
We are still currently lacking bull volume which is not giving us a whole lot of confidence that progress on the daily is being made.
I personally will be ...
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Viberate (VIB) Trade Analysis by Alan Masters
We are looking at VIBBTC for a long term trade. Let’s start with the weekly chart: ...