its simple 90XX above closes pumps hopium
117XX+ makes people wild!!!
Btc loses 1 resistance every1 will go 5K -1K calls...like always
Imo even 7850 and wicks to below is fine! It doesnt mean we cant short it before! Retests of lost lvls are good to short to me.
When we close below 7850 i'll close every position i have on crypto market...
So this is confirming my last analysis of the recovering from recent pullback KRAKEN:XBTUSD. I am now learning to use elliot waves and can't help but see as part of larger bull trend we have entered the 5 waves moving up and the recent A B C retracement occurring within a falling wedge or channel using the 4hr chart. Of most bull runs we've had they start very...
Hey Guys A blessed Day!
WHAT ARE WE LOOKING INTO?
- we are looking @ 1D Chart where BULLISH DIVERGENCE occurs. StochRSI shows the Higher Lows from February 4th - 19th indicating OVERSOLD, Wherein Price Action shows in the same dates Lower Lows.
- on the 18th of February MA50 crosses above the MA200 indicating GOLDEN CROSS
- Starting January 2020 the Market shows...
Hello, Everyone! XRP has been kind of a unique phenomena. Take a look at the chart, what do you notice? Except for three parabolic bull SPIKES, XRP has always been in a down trend or flat. Those three parabolic runs lasted for an approximate total of four months out of over the last five plus years of trading. I think that's why most traders and investors...
I've spent many days watching the Bitcoin price at many timeframes and I realized this is the best chart with important trendline that shows with a long term perspective investing why the price of Bitcoin is going to be only higher from now on:
This chart should highlight to you the exponential growth trend. As long as this trend line is intact then it will...
And here we are at the aftermath of 2017..
The sentiment is right. Everything feels like BTC and crypto in general is on its rise again. But the ghosts of 2017 is still hiding in the shadows. I believe that we have had the lows, that I was talking about in my previous idea at around 6.4k.
The sentiment has alot of real value with it this time around. People...
When looking at the Bitcoin chart in log scale you could consider that Bitcoin is only making bull flags.
When you study it more in detail you will see some nice confluence on the fibonacci levels....
First of all i would like to say thank you to all who have supported my previous ideas with feedback, means a lot for me.
I would like to point important price levels for Bitcoin, which play important role in overall market strcuture and could give us indication where we are headed to.
6500$ -- Current swing low and possible "The Bottom"
I do some of my best work when I am half asleep lol after we broke 7160 I expected 6900, I didn't give a proper signal as I was still on holiday fever & market had some of the lowest volumes however what I did was I shared this chart on 2nd Jan & boy was that the perfect entry :O
#Litecoin is Back in #Accumulation Zone, I have been charting Major crypto for accumulation & I believe 2020 will be the year we will see some good action from #Crypto.
as you can see on the chart there are 2 possibilities, we are in process of building a Bearish BAT that should pump the price from the support level of 36-25$ all the way to...
Today I want to present you my opinion about situation on BTCUSD chart
Now we are in downtrend channel but the situation is going slower and slower.
At purple boxes I marked possible acummulation zones with some volume strikes inside them.
Also You can see a green horizontal line which now is a ressitance but earlier was a support, so until the...
This material is for educational purposes only, meaning i do not take any responsibility for your future trades regarding the cryptocurrency. With the analysis serving the purpose of sharing my point of view on the future of bitcoin.
Hope you enjoy!
Macro trend bear trap still in progress. A month left at most before log support is reached and tested. The lower the price goes below the log support, the better the buy will be. Obviously, this is not financial or investment advice because its 100% fake news.
Key positions for me:
$6800- opening a small position and waiting to see if we get a lower break
$6400- again waiting for a lower break if we find support here
$6200- opening a strong position but keeping some aside in case of another dump
$6000- my golden buy zone. Ill be monitoring it around this area and even going to try to see if I can catch a lower wick at...