if you didn't get in in the 160s last night at this point there's a new good entry point, 171 if we are in a expanded flat. in the other hand, if we are just in flat the entry point is 174. I would start scaling into a position from 174 to 171.
Although bitcoin broke resistance of the mega bear trendline , it failed to stay above and broke support showing that the bears are still clinching on the market. Blame the decline on the lack of volume and multiple FUDs that happened the other day (Binance Bot Hack, Japanese regulator, SEC statements, etc). MACD indicates that BTC will continue to decline, I...
The bubble on the ZCL is finally broken, a despair mouvement is going to continue. Be alert on the RSI for buy the dip ;)
After the Bull's flag was formed we detected higher low lower high price movement which formed double bottom and symmetric triangle. Then was formed Bullish XABCD which broke the triangle upward. We expect a nice ascending trend in the mid term
The geometry seemed to speak for itself... This scenario shouldn't be ignored.
TronTRX is currently at a very interesting level just below the strong resistance of 0.043. If TronTRX is able to break above the 0.043 resistance level and close, we could see a very strong run to the upside. Although we are still in a long term downtrend channel i don't believe the support of 0.040 will be broken because of the recovering market and fiat money...
BTC seems well gone to broke the long term decreasing oblic. We have to monitored the potential pull-back on this oblic resistance. If the pull-back leads to a rising wave => BTC bull-run will start. Else we will go to the cellar... image.noelshack.com
Breakout out of the channel needed to confirm B and C. otherwise immidiate drop to 9.1k (previous resistance) before making full bullrun.
Hi, the main thing I want to show is just red spots and red lines, don't try to understand the whole chart, I'm anallysing a lot of things on this one. So, yeah, the red circles shows almost identical corrections, the red lines shows us climbing trajectory to 20k. I think, we are repeating a bull run. Corrections are very similar (I mean the price dip), the...
Hello traders! Eos is almost looking like a cup and handle at the moment but as far as i know that needs to be simitrical on both sides (same top price range). Insted of that i think it is making a nice flags, as it has done bellow it might repeated it self in here. we could se an daily rsi get to the total oversold (below 30) and then getting back up. The target...
Detailing the pathway with the likely ABC that could form.
The most optimistic vision that i can see for Bitcoin right now is represented in this chart : We have the inversed head and shoulders completed guiding us to 17K area and then a small correction to 14.5K-15K to fill up the rocket to break ATH and ride up to 28K-30K (Psychological resistance ) level. After that we can expect a hard correction back to the uptrend line.
This just seems to make sense... Longer wave one on leading diagonal?
After finding a valid Elliot wave, upwards movement adter hitting 10k likely. allso the psychological barrier on 10k is strong wich will probably create a strong support before going on a another bull/FOMO run.
This is how BTC messes your with your head... Something tells me some whales will push the price to the limit of the bottom of the uptrend channel. Making the last weaker hands let got of their precious BTC before the bullrun of our life...
Currently ranked number 10 by market cap, HITBTC:XMRBTC is an extremely strong privacy coin that has had steady growth against COINBASE:BTCUSD even through the the recovery. I believe that this is one of the best investments that I have in my portfolio. Check out the upward channel that is well-established here. Healthy volume, healthy RSI, and few, if any,...