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...
Good Evening and welcome to this update on the subterranean homesick blues in Bitcoin.
As pointed out in my last chart I highlighted on the DMI where the -DM and +DM had just crossed as the ADX was showing a stronger trend pending. I compared that to the last time we saw this along with a few other indicators, and indeed, we did drop significantly.
Lets take a...
BTC is moving in the right direction to kill Shitcoins and SHIT ICOs.
1,2,3 and Yellow Zones are Support Area. BTC may bounce from here. Purple Zone around 4300 is the worst case scenario.
Sell BTC against Red Line and Down Trend Line
Red Line and Red Zone above around 9500 is Resistance now. Must break convincingly for any upside. Next Upside Resistance...
All lines calculated by wave heights and prediction based on Fib Speed Resistance Fan and Gann Square Fixed
This is Short chart but it is Long for me.
Thanks.
In the previous chart I said that we had some possible scenarios.
What's happened? Btc raised to the big red rectangle ( a big resistance), then dropped to the green dashed line (good support).
What is the next move? In the prevoius chart I said that the rsi in h4 would fall in the red circle (oversold zone). Now from this point we could see a bounce up... all...
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...
BTCUSD now in correction mode.
we got a corrective impulse from 5,900 to 11,774.
And we also got ABC correction for that impulse.
Which means the price will go up further.
Expected bull target between 15,000-16,000.
Good Evening and welcome to a technical analysis on the mother of them all... BITCOIN! We're gonna have Fun, Fun, Fun, Surfin' this Safari!
Looking at the DMI we can see that the -DM and the +DM crossed earlier this morning just after we touched the resistance line. I have highlighted on the DMI the last time we saw this crossover which was back on 2/21. ...
BTC tanked!
Think it definitely had something to do with the Binance hack news and the SEC news also :thumbsdown: it is never ending.
Overall down trend line was tested and holding for now but has broken through the current up trend line. Im a bit worried about that huge wick that managed to break through the overall down trend line - unusually high volume...
Bitcoin to retest 9550 area before breaking 13000. 11750-12250 is a strong Resistance Zone. Upward momentum can sustain only if H4 13 WMA breaks the RED Zone and Red Line.
BTC is struggling to cross 11600 on the upside convincingly. Expect it to test the Upward Blue Trendline. Depending on the force it can test between 10800-10975 region. This should hold and BTC may bounce from here. Only if its breached on downside the next target is Zone 2 on the bottom 9250-9400 area.
COINBASE:BTCUSD BITFINEX:BTCUSD BITSTAMP:BTCUSD BITTREX:BTCUSDT ABCD harmonic ion action, to expected price of 22000usd around with a major resistance to this bull run will be market by 0.618 fibo level..
EOS BUY OPPORTUNITTY
Wait for a daily close above 8.50 and a break of the flag to go long on this pair ,is a very good set up but this coin as the other ones still need to gain volume and strength and right now we cant see it that much,so be patient and wait till it breaks and close above the 8.50 in the daily timeframe to buy or u can try to get an entry at 7.44...
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...
Oscillators: Momentum (10), MACD Level (12, 27) and almost all moving averages are in strong buy state. On the chart we can see that the price broke upward the Triangle and formed a Bull's flag. Currently the price is at the Fib 0.618 resistance level, taking into account all mentioned factors we expect that the resistance will be broken after a small...
BTC looks to be forming an inverse Head and Shoulders pattern, (Coinbase 12 hour time frame). This will be a big test for BTC, Bitcoin has struggled since late January to push above $11,800. We will know shortly if this time it can break through that level. One thing that concerns me is that it looks as though the volume is dropping off, I would hope to see the...
