Fourth press up to the line, pushback for a series of lower highs over past week. Bull trap. Expect correction to continue sharply soon. This post for education only, does not constitute investment advice, trade at your own risk; good luck!
Sometimes we have to understand that water goes to the easier way on short term, BUT the storm is almost over, and very soon we will start the bull market. Although, MAs 100 and 500 are not stable yet, so the easier way is down, for now, after that last short wave we will have buy area, at around 5.700. This is what "The Moving Water"- my new trading perspetive...
Hi again, my beloved fans! Even though D4rkEnergY doesnt celebrate The Chinese New Year, he will still provide his fans with presents. Its time to smile! We are looking at the 4h BTCUSD chart. As you can see we have in a long period been in a down trending channel. D4rkEnergY already predicted 8 days ago, that we finally would break out of it, when he saw an...
Something strange and contrarian is happening this week. Those who time the market will notice times when the graph timing "flips" and the expected peaks become valleys. Usually, these are major trend reversals. On the 11th-12th, markets have been going long, but in mid-January, they shorted instead (circled). Unless there is a re-reversal, prices could form an...
We were witnessing overextended BTC flash prices, few all time highs. Now its time to correct it and "bring back on tracks". Bitcoin will drop to 14.000$, when it will drop againa and try to maintain 12.000$ stable. My personal opinion is that Bitcoin will continue to drop further slightly, so it should be around 10.000 with eventual dips to 8.400$. I think that...
As you can see it fits perfect the analysis i shorted it and will see profits for sure if not i have a tight stop loss
Even that EG is in a Uptrend channel, it is now in a correction, the Uptrend line was broken and everything shows that it will continue with the downtrend, I draw 2 possible speeds (based on previous angles) giving us the expected speed range to this downtrend
GU is coming back, we do not know how strong is coming, could break the down trend or be rejected
Following the downtrend from june i see this 46 level as a critical support/resistance zone before we can see a trend reversal or a continuation to the downside. If we can break to the upside the most likely level that we're going to test its the 50 area. The bat pattern isn't violated yet, until we break our X point so i took that as a confirmation of a posible...