In my previous idea based on 1 day chart, I've told a case that BTC might down to nearly 3000 USD. In this idea I will explain fully how it is possible. This TA based on weekly chart - The first, look at fibo channel uptrend we can see the price has fully upward movement. When it passed Fib channel 2.0, it was began move to bubble zone. - After fully upward...
BTC Bottom is in place. However it will consolidate between Blue TL & Red Line before breaking out. Upside Targets : Green Uptrend Line Green Zone 2,3,4 Those who have the FOMO syndrome can start accumulating in and around Blue TL area. 17000 25000 38000 New Range will be 25000 - 38000 after 38000 is tested
All these FUD and exchange rate fluctuations will last till the end of the month. The price will broke out of the triangle upward or downward around 22th of March. It will be a crucial moment for BTC. The price currently went back to the triangle and bounces from Fib 0.786 level. We expect that new wave of growth will start within 1-2 weeks. Hold your BTC and buy...
Hey. New drama on the market. Regulations FUD, Mt Gox strikes again (maybe the worst crypto enemy ever), but hey... If Bitcoin is the true king, will stay strong in this kind of scenarios, like in the past. In the past, many experts, analytics, screamed about how BTC is finished, but the king always has shown, that there is no limits for him. There are only...
When rising wedge was formed there was not enough volume to break upward from it, hence the price moved down dramatically. At the current moment there are 2 possible scenarios. The first is a bounce back from 9800-10200 zone which is confirmed by Stoch RSI, Aroon and rising volume. The second scenario is breaking through psychological support zone and reaching Fib...
Well Folks.. Welcome and thank you for taking a minute or two for me to share my take on the Bitcoin sidestep-maneuver this afternoon. It certainly looked like one LOL! Anyway, I thought this would be a perfect opportunity to drop some chart-knowledge here if you are interested. This may come in handy on more occasions than you might think. So for the sake of...
Hi All! Wolfe Wave on Bitcoin materialising! A naturally occurring pattern topping the rankings of success rate. Accompanied by another high success rate pattern, inverse Head & Shoulders which eyes the same target. Right into double-top with SCMR dynamic level $17k . BEST OPPORTUNITY to print money is now:):), ) Bearish patterns have continuously...
In bitcoins history we have seen many 1,2,3,4,5 elliott waves play out and double bottom in between waves therefore potentially buying the dip now can reward you very nicely, have a stop loss set below the neckline in case we start seeing more bearish movement
Expecting a bullish breakout in BITFINEX:BTCUSD Everything exlpained on the chart.
We can see that the support line is around 11 200 dollars. The green is the buy zone where you can buy as much as you can. #BTC dominance has gone from 35 % to 40,1 %. But anyway the market is still easily manipulated by whales. Let's see where it goes.
Before read my post, please note that the market is not need to focused of moving like my idea. You can consult but you need to investigate carefully as anything can happen. Now, the main question is how bitcoin will move? This TA according 1 day chart. Look at the chart we can see the price had dropped to the bottom that was confirmed by MA 50, MA 100...
This is looking really good rally. Smash through $11,600 next. Looking to see at least two more Williams arrows either one down and one up, or two up like earlier rallies to get there or beyond. Back check it for yourselves.
I've added MACD to my chart and can only mean one thing up.
Just thought I would update my earlier charts add some more arrows and what happened last time just in case price heads back down to a key Bollinger point for me just below $10,100, but trend line still good. No worries.
Looks like based on last years support and resistance arrows if the market now consolidates nicely over $10,600 it hould go higher other wise next stop down will be the 20 MA and then failing that then it will be back below $10,000 and as low as $9,400. Enjoy !