Yes we crossed the 200 ma on daily, yes we made higher highs on every time frame, BUT why is only one or two coins going up (BTC, BNB) if the whole market is bullish? Last time we were at 11k ether was about 800 a pop, we had a market collapse and then a sudden inflation. I don’t think this is a real bull makret! I expect a massive correction. Bearish indicators...
When price makes contact with that brighter yellow ring we will be dropping to make new lows around 2k - 2.5k. I am expecting this will take place sometime between late July and early Sep 2019.
The EURAUD made a bull trap and might after breaking the support line which is close to the 50% fibonacci level. A break of this level gives room for price to go to the (blue) support zone which is at the 78% fibonacci level.
In the begin of this week, the consensus of technical analyst was clearly the following one : Bitcoin is going to sink again ! Not considering if Bitcoin is a good asset to invest in the long term or not, the doji formed on a weekly chart by end of May was a clear bearish sign and many analysts were surprised when the falling wedge has been broken on June, 10th...
using the monthly 20 MA or weekly 100 MA (~equivalent), we can watch to see where markets unfold. Prepare to short the breakdown and take profits quick, the re-short at bull trap retest of the MA breakdown.
not gonna say much think the market is heading down but slowly entering a scalp trade on this bullish setup stop very tight this has the vol to have some nice trades today but think you will eventually see at least 220sat again most likely much lower as the people who will accumulate this will not accumulate at this level so investors beware
This "bull run" (laughs) is a complete fabrication fueled by manipulation. The top is most likely in, and it's all downhill from here. Bulls are in a state of elation and it's time for "them" to pull the rug. There will be a series of bulltraps as we fall down, with less and less strength as bulltards lag behind trying to long the "dips" until the reality of...
Hello guys, at what stage of the cycle are we? let's look at the NVT indicator. I calculated the price and time peak price using a mathematical calculation based on previous peaks. What you think about it? Sry for bad English :D Thank you.
Bulltrap in the making. Be patient. Don't be fooled.
The next correction will be important, as it decides whether or not we're in a bull market by definition (higher lows + higher highs). I see a healthy correction in the low to mid 6000s, consolidation / triangle and further work on the next leg up as a valid scenario.
Hey dudes! I can't help but look at it in the bigger picture. I agree since our last low in December that it has been looking bullish but overall I still see lower highs and lower lows. If the Bull run has started wouldn't it be confirmed by getting a new high ABOVE $7,300 which was in theory the last high we have had. And after closing above $7,300 we would...
This is probably not popular opinion but not long now before bitcoin’s descent back to $4.2k before final capitulation. This is evident using a fib circle connecting the swing low for 2015 to the 2017 ATH and a Schiff Pitchfork connecting the 2013 swing high to the 2015 swing low up to the 2017 ATH, to give us the bigger picture. Then for a comparative view of the...
Bitcoin Bullish Proposal After the recent price action I've decided to re-evaluate my analysis. By using Andrews Pitchfork, I found a channel price seems to respect. Currently, price is showing a reaction to the median, so if your a bull, this might be something to keep an eye on. If price can break through the median, I believe it will go to the next major...
The Bitcoin bottom could be in but I don't think the big players are ready for the price to go higher. Imagine you are a big player with a copious amount of capital and you want to put it in bitcoin before the next bull run. You know this next run will be a big one. Heck, it could be the mania phase of the actual bubble believed to be in 2017. You have a...
Ok here's what I think is going to happen. As you can see I drew a fibonacci from the start of this pump on 8th of February. BTC loves 618 fib retracements so in my opinion we gonna tank to 4150 right now (this will lower down RSI to a more healthy range), then it's gonna bounce back to 4650 or go slightly above it This will be the breaking point when everyone...
Zil is going to down slowly slowly i am so sorry Please push the like button and follow me please. / Lutfen like butonuna basiniz ve takip ediniz.
Look at the attached image where price is confined in a channel of a weekly chart. We can see the presence of the weekly 50 EMA which often acts as dynamic support and resistance in most cases. The price did breakout from the range but however it failed to close above weekly 50 EMA! The price is now headed back to test the range's resistance and most of the...