BTC, IT WILL HARD DUMP MAYBEafter failed to break through resistance at 10,300, btc price has continued to decline over the past 1 month and this will continue until btc finds the right support. although in one week the price has increased but last day we have saw the price is continued down.
btc closest support is at 8800, and it is very important. it will continue downtrend or return to try to cross resistance.
from a smaller tf, 4h, it can be seen that macd has not shown any signs of reversal.
DONT BE SAD, I THINK THIS IS A CHANCE TO ACCUMULATE SOME COIN LIKE XRP EOS TRX XLM TROY ARDOR THETA ADA LOOPRING
Dump-pump
#Bitcoin DominanceBreak the yellow line & all hail Alts season!!
I waited too damn long for this, in last 2 months we barely got in 5-6 alts but in last 3 days I have entered in well over 10 alts! why? simply cause it's alts season, as I mentioned in my telegram channel I am not bought in BTC until we see good accumulation, I am hoping that it will be around 6.5k-7.5k range in June.
BTC will trade in sideways range while alts will flourish, looking at the current dominance chart once we break the yellow trendline dominance should dump hard, most of alts I am looking at are in accumulation zone, or inside a falling wedge!
long story short future looks bright for alts atleast 2020
alts can die for entire year they will struggle but once they start to move they will move 50-100%, if past few days have been anything you can see whales are moving from one to another, no matter what FA is supporting it it's 2017 all over again!
Pump ETH -> pump BTC -> Pump alts -> make more BTC -> dump BTC to usd -> repeat the cycle over again!
BTCUSD | A small decrease before a great run or dump to $7 000?Hello, Dear Subscribers!
We had a pause in Bitcoin trading because of halving speculations. Currently the price action stabilized and we are ready to continue trading with new energy to power up our analytics!
During halving Bitcoin's price tended to break $10 000 level due to whales manipulations, unfortunately for them majority of market players now have much more knowledge than 4 years ago during the last halving and thus whales did not succeeded to over pump BTC. This means current market price is really close to its fundamental after halving value. According to our calculations average production costs varies in range of $8 400 - $8 600 across the world. The fundamental analysis shows a small decrease is coming and afterwards there will be a strong ascending move. We are very close to the support level where a pivot point is located let's confirm the findings with technical analysis
Retrospective technical analysis shows a local downtrend, we see a numerous confirmations from indicators. Parabolic SAR reveals predominance of bearish trend: bullish states last lesser than bearish and price changes during them are times smaller. Moreover we see a dominance of (-DI) line at DMI indicator with consistent ADX level and bearish engulfing which confirms findings of parabolic SAR.
Coming back to trend analysis Bitcoin's price action is at the intersection of the global support and supportive edge of local triangle pattern which is around $8 800. Moreover this level coincides with downtrend Fibonacci 0.236 retracement level which is located at $8 787. Price action is in the middle of ABC retrace pattern which is drawn at the chart. It looks like price tends to break local support finishing the pattern and bounce from the Fib 1 level
Bitcoin is at crucial moment: fundamental and technical analyses suggest we are in a downtrend while breaking below Fibonacci 0.236 retracement will result in a decrease to Fib 1 around $8 637 where price action should consolidate and a stable uptrend will start. In case the scenario is confirmed we will enter long at this level. However in case bounce will not be confirmed we should expect a fast and rapid price decrease to the fundamental support level. Bitcoin can drop to a range of $7 000 - $7 100 in such scenario
It is very important to track Bitcoin price action within the next week to receive confirmations of further price action development and take the right position. Stay tuned we will update this analysis at every change of the situation
Best regards,
SkyRock Signals team
dump befor pump :)This route can happen !!
In the current situation it can support 4800 lambs and then resist resistance 6950
I predict that later power gain in the 4800-5200 level could break this important resistance.
And enter channel 7000, the important resistance of channel 7500 that can emotionally up to 8200
after that we
After these steps, everything will be ready for a bigger crash and it can be said that the range of 3300-2600 will not be out of the question.
I'm updating the chart to see when the main crash happened
And I think the next uptrend is going to be eroding
lets see whats will happen
fear is every where put stops and be safe trader
;)
Bitcoin will rally and altcoins are going to plummettAs we can see, Bitcoin has successfully broken a very strong resistance meanwhile majority of alts are still under the resistance as well as that, the bitcoin dominance chart appears to be reaching support, all of this data would suggest that bitcoin is about to have a decent bull run and the alts are all going to drop soon, I have picked out 2 alts (ADA and ETH) which I believe are the most likely to fall
This is my call for lunyr down to ~63-65 centscreated this chart a few days ago, this is what i see panning out.
LShort
This last push to $10.7k just a deadcat?If we track the parabolic rise form the bottom then we can see it broke on the last dump and this pump seems to be a simple retest/deadcat before more downside.
BShort
BTC MARKET IS WORST FOR MAXIMUM 15 - 20 days As we have checked before the dumps and then the price pump after that so we have reviewed that Bitcoin market is bad for at least 15 to 20 days. It's better to hold our BTC because after 15 - 20 days the price of Bitcoin will touch once again 13000K and after possible to reach 18K to 20K easily. Because after that there is no dump. As we have explained in our first chart that there will be dump now it's happening so no need to worry it will touch once again 13K Easily.
For more detail contribute in our project. Oryx our IEO is live on Vindax Exchange. Thank you
PULL BACK or CORRECTION IS OVER!Please Please Please Please...
Tell me please if I'm wrong!
Bitcoin has already corrected 38% and 50%!
That might never happens again!
For god or the other one's sake please open your eyes or teach me if I'm wrong.
All of the you-tubers and influencers just repeat the same shit.
LTC/BTC Litecoin Is Going To Dump? Already Sold.First of all , there is a fractal, if you can call it that . In order to make it works, the asset has to dump in the next impulse. If we look at the RSI, we would see that on the rising price wave, the RSI oscillator updates the previous bottom, corresponding to the beginning of the rising wave (marked with yellow vertical lines) . From this fact we can conclude that the next wave will be directed downwards.
Thus , we get a diamond that we entered from top to bottom with 5 waves, then corrected the fall with ABC waves (mentioned on the chart) , formed a double top (circled both peaks) fell down and successfully tested the resistance from the previous idea.
We can clearly see a diamond.
We can clearly see 2 false exits from the blue growing channel
We can clearly see 2 false breakthroughs of the red channel with a dual zone of supports and resistances.
Sum up: now we have to go lower to the 0.008 and retest the upper right edge of the rhombus at the intersection with the previous support/resistance (red dotted line) and exit the rhombus forming the 2nd bottom at 0.0069 .
BTC update on daily and weekly timeframeBTC wants to go to overbought again on weekly timeframe. It would be ultra weird if not.
Weekly stoch RSI has not been on overbought since a very long time, probably the longest time in BTC history.
It needs to be overbought again on weekly, so that it can prepare for the next dump, which hopefully will be the final one.
At least there is a high probability it will be.
On the daily timeframe I see it dragging on still for a bit, until upward momentum is established.
Sort long ration is already turning again towards shorts, slowly, but still noticeable.
Well, I still think we'll see 5000-5300 in the next weeks, probably until the end of february.
Then creeping sideways and the final leg down.
10k Again?Not really a fractal but a general comparison for a potential outcome to this pump. Fractals alone are dangerous to trade off. As recently as our local bottom, there was a fractal that did not play out.
Regardless of the validity of ETF hype (personally very skeptical), I think it's reasonable to expect a retrace to coil for another pump to test the 200 MA using the ETF as psychological fuel. From that point, we could fade out in a rising wedge or blast off if the ETF news is positive.
Price prediction and possible retracement levels.Will ETC correct or is it gonna pump even harder? I have counted 5 waves up, and confirmed on a smaller timeframes as well. 5 waves are usually followed by some sort of a correction. I've labeled some possible targets, end new buy zones, but there is no certainty that ETC will correct that deep. Fifth wave may not be finished yet, so be very carefull. This is only my opinion, and I'm no technical expert, therefore this is definitely not a financial advice.
Just wanted to present you some fancy ass color chart.
GL traders.
BTC following trend beautifully. (give feedback, I'm new)So this is my 3rd post in 2 days already. Just trying to understand the constant outrage in the chat and linking it to the trend. IT'S GONNA DUMP, IT"S GONNA PUMP. well, it has just been following the trendline nicely since half July. right? (despite the China Ban and the first softfork. So, will it now continue following this trend? or are we going to see some changes after the possible China rumors are cleared up? I reckon any changes will be very shortterm and that the trend will be followed. Only the hardfork might spoil te party for a while. Where do you expect to see the price after the hardfork? Please give me feedback or other comments. Thanks.






















