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Price is holding nicely at the support zone for now. Is this a sign that price could bounce from here and go higher? Let's see. The candles on the bounce are not incredibly strong, but definitely something we have to take a heed of when considering our trade options here.
If we can get a ...
Bitcoin continues to trade within a strong 1D Channel Down (RSI = 29.145, MACD = -509.800, Highs/Lows = -203.2102), just above the oversold tolerance limit. It just broke the 4H Triangle to the downside (RSI = 38.109, MACD = -57.100, Highs/Lows = -56.1897) and should attempt to test the lower Lower Low support trend line at 3,000.
Since this Triangle is a ...
You know the saying hindsight is 20/20? Well that's exactly what happened here. Not only did it tell us where it was going for a bottom, but it's also telling us where it's going to from the bottom. The overlay is from gold bottom in 2000 and the resulting run up to 2008.
Falling wedge on BTC approaching a very big area, $3k.
Watching the reactions to both the upper and lower trend lines . Dependent on where it goes, it may be wise to go long should we see a final leg down to test 3k, and put the stop just beyond the trend line . Either way, 3k should see a significant reaction, and this lines up with a falling wedge .
As for ...
After breaking out of a descending triangle to the downside, around 14 November, it is reasonable to suspect that history will once again repeat itself. This cryptocurrency's price is forming something between a descending wedge and a descending triangle. With that being said, it is less rational to expect a break of prices to the upside, since there has been a ...
In my view i think we will see 1500-1300$ per BTC.
In the otherside comparing 2012-2015 Oscillators will make a lower low, while price will make higher low which is hidden bullish divergence in long term.
Please comment what you think about my idea?
XMR. Just another murdered crypto project. If the market overall has any bounce this could do the same to re test what was lost. Otherwise the decent continues. Either I am picking it up here and any levels below because at this point....why not.
not financial advice.
- Bullish Wedge
- Daily Regular Bullish Divergence
- Huge Short Sentiment (Contrarian positioning)
- Previous Price Reversal Point
** Note I did say 'risk what you cant afford in the video, obviously I meant only risk what you can afford **
The ethereum price seems to be following it's big brother's sell momentum. It is thus right not to try to catch this falling knifwe as well. The 1-hour chart shows price nearing the upper resistance of the descending triangle, and it makes us more confident that sells are the only way to go. As always, play it carefully with these cryptocurrencies as this market ...
Mark these levels on your chart and what what price is doing around these levels on 4 hour chart.
We will be playing with these levels for a good portion of 2019, better get them sorted in your charts.
Hello all, it's been a while without updates because nothing interesting has happened with the Bitcoin market lately. Been holding my short for four days now from 3408.
We are currently at 5 of 13 from this TD countdown setup. Lets get my 2800 target rolling soon and 1.2k for full despair.
Open interest is very low on ...
take it with a grain of salt, take it dead serious or whatever you want.
Logarithmic Chart. Although it will be terrible,... this will be not doomsday.
The historical trend of the stock market is in good order. This will be always the case until the end of the world. (the real end)
What i did not comment:
I think XRP will solve the coming liquidity crisis, ...