we broke trendline because of BTC correction, let's see if we can close above the trendline, then a bullish scenario retesting resistance is more likely.
TP1: resistance @ .26
TP2: 50% fib @ .28
TP1: yearly open @ .22
TP2: monthly demand @ .20
TP3: support @ .19
an important point. for if btc breaks daily pivot or resistance here. it reclaims weekly L3 which would target weekly H3.. which also is the monthly H3 which would put it back in its structure for decision on continuing higher for a new month
Despite the huge volumes, we have observed forces pushing the market down. Here the technical analysis is just a confirmation of what obviously happen in the real world, no bias.
The market has responded to the volumes multiple pushes with clear candle sticks announcing that the probability to see the price going down is very high and won't stop yet.
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We observed that after a long run down the market have found some power to stop the fall.
The market now moves in a range. We observed that the tops are lowering while the bottoms are increasing and doing...
Will the bulls continue or will the bears win?
Noontheless if bears continue to push us down I don't think they have won the battle. Let's see what happens next week.
I want to see break of 10600. As mentioned in my videos before.
Looks like a pennant trying to break up/down...
Usually a pennant is a continuation pattern (Much stronger then a symmetrical triangle), if bulls get enough volume, the might be able to turn things up, but I see very low buying power, and thus I thing we will continue down...
Thus Below 9400 we are going to continue the break towards the 9100...
but if the bulls...
ZRX has withstand all the FUD, and corrected in quite a technical way.
It is surely at a crossing point, and it could be decisive.
It has held clearly longtime to an ascending trendline drawn from the start.
It could eventually shoot up from here too, but if it fails... that should be a total wipe out.
Similar to Stellar.. but better
The next 3-4 weeks are going to change the long-term trend direction of the "S&P 500". The equity index is now at the edge of the edge of staying within the uptrend or starting a bear market.
On Monday, April 2, 2018 most of the European stock markets were closed and bears used this situation to drag the "S&P 500" strongly lower that day. On Tuesday, April 3 the...
Bullish or bearish - what do you guys think?
These are possible ideas - it's yours to decide which one it will follow.
Let me know your number in the comments - hope it helps you to make better dicisions.
A break up here could reveal a very strong bull fractal repeating - if thats the case buckle up.
A break down from here would place us on the top of the last channel 9400 - a likely spot for a sizable bounce.
WARNING: A break below 9400 and i am no longer bull. I am neutral from 9400-8800. A break below 8800 and im back to the biggest bear in the...
Bitcoin BTCUSD Decisive Night Ahead
Bitcoin is now approaching the last major dynamic resistance
potential between here and the highs on both Bitfinex and
Coinbase charts - though not on Bitstamp. We've seen it just
under double so far, gaining 5250 points on Bitfinex from the
6000 low. It can go one of two ways from here:
20:13gmt/15:13est Update and Bull...
BITFINEX:LTCUSD is doing pretty well recently and considering the fact that on 26th of February there will be official launch of LitePay, I think if it cross 230, it would be really good timing to buy, we could take profits at 255-260.
Let's enjoy and see what will happen !