Yes the title may be catchy but as you'll see in this study, both features (LMACD and Triangles) draw a very accurate mid-term trading pattern for Bitcoin.
We have analyzed the LMACD indicator numerous times (see the charts at the bottom of this study) and has helped us identify buy and sell entries with great consistency within the Channel Down that...
The best place for Buy will be above the Support/Resistance Zone1.
We can look for an accurate entry if the price will cross that Zone and H12 candle will close above.
The potential target will be near the Support/Resistance Zone2.
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In this idea we will see how the tricking crossover between 19 MA and 100 MA can help us to see the Market changes its behavior, with subsequent trend reversal (to the Upward in our case). Firstly I should remind that current trend is a Downtrend, which has been confirmed by a bearish crossover between 20 and 121 MAs on a daily chart or by 19 MA and a Price Chart...
BTC continues to tighten and sometime within the next 3 days or so we will be looking for a volume and volatility spike to break this tightening range. Patiently waiting on the sidelines until then!
A bull break will have us zoom out and look for a weekly lower high. A bear break will tell us the monthly higher low is not set yet and we will be looking back to...
Dominance showing pattern which can be recognised as Head and Shoulders.
Projected target from neckline should be near 63-60% dominance. Projected period for decrease until March of 2020, with peak bottom at February 2020.
Also targets match retracement levels of Fibonacci.
Finally, Shitcoins Time?!
The other day, I made a chart comparing some alts that have been doing at least "okay" since August, 2018 and those that have continuously made new lows on their BTC ratios and USD values. Nano is one of those that has not made a significant USD low since then, but it is in danger of doing so if the market can't get it together soon. This is quite impressive for...
Each two years in December BTC starts a new cycle. If everything go with the same plan, now we are at the beginning of growing cycle.
P.S. Hidden it from the chart, but for your information 21 EMA is at ~7100 - important value.
Bitcoin is at a very critical decision point. The breakout of this triangle will either take Bitcoin to the 8900 or the 6010 ranges. Bears are pushing forward to win the tug of war but the bulls are putting a glorious fight!
Very excited to see the outcome.
Under that heading we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information...
Like always, im not one to type out some descriptive bullsh*t when we all can easily read charts without some narrative explaining what we can all see. With that being said, price may break below support. If that happens, next lvl is the 6400 range. Id expect this to hold strong and reverse price upward. This would turn previous support into new resistance........ Fin
There has not been enough buying of btc to hold price above crucial levels. Unless it retests the green line & can hold above the gold, btc is dead (long term). I've been catching some day trades here & there but still not convinced enough to HODL...
Maintaining its levels of supports and resistance, the price chart of BTCUSD has continued to hold to its levels for 17days.
On the daily time frame, the price chart is clearly showing a HEAD and SHOULDERS PATTERN.
The left shoulder has formed, still waiting patiently for the head which has a target of $9510. Which is the horizontal resistance marked as the...
BTC yesterday did not break through after shocking around $7,500. Instead, it continued to adjust after stepping back on $7,450. When most traders thought it was difficult to go against the pressure position and ready to retreat, the bull rushed to $7,650. This wave directly exploded the empty orders for high leverage contracts. Then, after consolidating for a few...