Hi,
We might get some trading opportunities because the Bitcoin price has reached the tip of the Triangle. Triangle breakouts have been pretty successful and hopefully, this time it is not an exception.
Luckily this is not just a triangle. Those two trendlines, red and green, are also short- and mid-term counter-trendlines (CTL) which have guided us into the good...
Well the title says pretty much everything so I will be quick on this one.
This week we see Bitcoin forming a Golden Cross pattern on the 1W chart with the MA50 crossing above the MA100. During the previous Bull Cycle this signaled the start of the 2nd Accumulation Phase (after a new top the price traded sideways for over 6 months). Phase 1 accumulation came with...
EOS / USD On a global scale, formed a downward channel with a step of external 700%, internal 190%. Trading inside the channel.
Now the price is moving in the local downward channel in increments of 50%. The price is now near support, potentially, if support is confirmed in this formation, you can take a local movement + 50%
EOS local downlink. Potential +...
Now the price is moving in the local downward channel in increments of 50%. The price is now near support, potentially, if support is confirmed in this formation, you can take a local movement + 50%
Points (zones) of a pivot and potential targets, depending on the reaction of the support / resistance level, I showed on the graph.
Stop Loss below the downtrend...
What we can see at this market structure? Price is near 7800 resistance zone. Which actually very important zone for next move.
Slow accumulation of longs spotted at range of 7600 and 7450. We've seen similar structures at the begining of the year in 4200 resistance zone.
So track breakout, and follow the established...
What i think about BTC right now, the resistant is very strong and the volume is very low, BTC failed many times to go up i think that the price will drop sooner later and will retest the previous 6500 support and going to 6000 to...
Bitcoin in obvious liquidity zone chop chop. Question savvy investor, is now accumulation or distribution? Well, we all can tell right? xD
If we has millions coin to sell !believe! we start selling long ago hahaha but every pump just a mug's platter - but question: when we go down how to entice buying yes yes?
Sir, this is the bottom! Buy buy accumulating xD...
Long BTC or XBT
We are in a very uncertain situation. That is why i am eyeing BTC and not other alts because i am expecting a big move. And i think that move will go upwards, BUT it can go downards, as many mechanical indicator say that. So? Tight Stop Loss, good RR again. Let´s hunt some profit!
Why can it go upwards?
No doubt we are incredibly accumulating....
Clean tightening range or equilibrium pattern. 3 major things can happen,
1. It'll continue to tighten the range and we'll just wait for it start breaking lines.
2. It'll begin breaking supports and we should watch for it to hold one of them on the way down, but we're in risky territory. The longer we don't hold above $1.40(which is where a large long term...
Hi Everyone! As we watch the charts play out we see that we get more confident with our targets. Since we predicted 6600 levels was a good entry point and 7750 was a good time to take profits BTC has been moving the same way as we expected. The last few post we were focusing on shorter time frames such as, 4hr and the daily. Lets look at weekly to see how thing...
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