Parallel lines are powerful. See them here. Trendlines on indicators marked at the points of the two strongest uptrends. Current strength is in the Bollinger Band mid line turning higher and may be powerful enough to punch through the price and indicator resistance trendlines, must do both to confirm a breakout. Another positive is that we are entering a...
Hey guys, I don't just give you random scenarios in both directions where I can say I am right. I call numbers and graph charts that I think btc itself might be following. However, I just as well as any other person could be wrong, but I won't tell you I was right because I've stated it can either go this way or that way. The past week I've stated exactly what...
Expecting a bullish breakout in BITFINEX:BTCUSD Everything exlpained on the chart.
BITSTAMP:BTCUSD Clear following of the bat
The combination of trend line + channel + shark harmonic + quasimodo pattern + andrew's pitchforl sl= 11584$ tp = if the trendline broken to down ,the purpose will be 7900-8270 dollars.
Bitcoin is trapped a big weekly and daily flag but respecting the main weekly ascenting TL but also price doesnt have enough stregnth and volume to break the top TL and the above monthly PRZ, the AT 38% fib (yellow one) and the 3rd weekly elliot completion but we gotta be very careful at this level sicne it is a critical area where we could expect bot hscenarios...
So this will be a very short and sweet analysis on BTC on the 1 month chart. As you can see, there was a multiple month run, with a HUGE pullback, and now, as this last month closes tomorrow, there is a HUGE BULLISH hammer, printed right there on the graph to see. This is not an analysis for projections or trade targets. THIS IS AN ANALYSIS for the...
Bitcoin has been highly manipulated the last few weeks. The price action shows that we have big players constantly vacuuming coins from retail traders, running stops, dropping 4 digit market sells at crucial reversal points, etc etc.. Theres nothing but positive news in the Bitcoin community, Lightning Network, Segwit Adoption, etc but the price does not yet...
Hello Traders! First of all, despite the possibly bullish impulse, BTCUSD still has minimum 2 variants of priceaction. Maybe, correction phase, is not over.... Please, be care yourself, rapid decline not canceled and still in power. Suppose, we should wait... Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave...
We´ve been following and counting BTC for few days now... and it goes as predicted... let´s see how it goes You can follow our videos for this and more analysis in our web, and also in our youtube channel daycryptotrading.com www.youtube.com
Well, unfortunately, I don't have a crystal ball so I can only say what I feel may happen over the next few weeks. I have to say that I was somewhat impressed with the bounce that BTC made from the low of $6000 to almost doubling within two weeks. I find it kind of interesting that the price made almost a 100% retracement to where it was on Jan. 28th when the...
shark pattern harmonic and wave 2 of elliott prz is 8270$ sl is under 8000$
As we have inched closer to testing the 2017Q2 rising support trendline from the 4H CEXIO:BTCUSD chart, we need to see if the bulls have what it takes to open the doors to Club Moon. The BTC Yakuza (aka "btc dolphins") may have other ideas. If the Asian (Japan, South Korea, China) bulls can't rally north to the top of the major downtrend channel, then we may see...
BTC Is definitely on his Last wave to hit the 4700 Level. I'm Answering to many question I've got on my Telegram : 1: How to Qualify a real Elliot Wave ? 2: What could we be expecting in the future of BTC ? 1: Believe it or not, there are only three rules when it comes to interpreting Elliott Wave. There are many guidelines, but only three HARD rules. These are...
According to the present Wave Count BTC/USD is trading within a Double Three, with the last Minor C (red) awaiting to unfold and complete the entire Corrective Structure.