With the alts and Bitcoin getting into a more bullish market you might wanna look out for elliott waves. BQX seems to have began its first new wave and will likely dip back to 7160 sats. You can then hold for a bit and watch the resistance lines I have drawn. Buy-target: 7160 Sell-target: 8540 or higher Stop-loss: 6900 I am not buying now. That's fomo
Third support (0.00006348) from my previous TA will probably be hit before a bounce. We will see 5 dollars EOY if BTC doesn't screw us over. Buy zone: around 0.00006348 Idea and the information contained herein is not intended to be a source of advice or credit analysis with respect to the material presented, and the information and/or documents contained in...
BQX has seen a lot of negative trends and isn't giving any strong signs of reversal. BQX is now creating a pattern on the second support, coming from the latest peak in December. RSI is just above oversold and MACD is showing bullish. There is a probability that BQX will peak to support #1, in which support #1 will act like a resistance making the BQX go back to...
We expect a recent drill of the triangle and a pass over the resistance. Combined with good profit. And do not forget, trade smarter!
In my opinion, very nice opportunity for long term.
Had a very strong move up to test upper trendline resistance on the day chart could see this short term breakout turn into a long rally. Highlighted some price targets. This of course hinges on bitcoin reversing, which i think we see the low for the year set sometime tomorrow as its the last trade date of cme futures that started trading in december. With altcoins...
Global roll-out brings us nice peaks!
As we can see that key fib level 1 at $9.11 is being tested. if it breaks down we can see a massive dump upto $5.3. On the other side if we break the triangle upward, key resistance are at $14.4 and $17.72.
Buy if it breaks the horizontal resistance then finds support above it. If it does break horizontal resistance then it will probably find that 200MA (white line) as short term resistance before re-testing the horizontal line as support. This would be the time to buy. Then put a tight stop loss a few percent under the aforementioned horizontal resistance line. If...
- Amazing uptrend channel - WTO is at the bottom - RSI shows it can bounce from here - SRSI is oversold
BQX BTC ETHOS SUPPORT AND RESISTANCE UPDATED!
I am seeing a bearish M-pattern in the latest spikes of BQX/BTC. This could mean a possible downtrend in the short term. Besides that, I can see a possible breakdown line at around 0.00033850 BTC. As you can see the volume is still very high, so that's not a good breakout sign either. Furthermore, it has had its natural correction, but BQX still hasn't retraced to...
Old main resistance became new resistance for Ethos lol
BQX/USD brokeout the triangle , now testing the ex-resistance and support line Targets 5.5$ 7$
Bitquence starting to look strong after breaking above the downtrend trendline and rejecting the 127.2% Fibonacci support level at 32k satoshis. Price continues to produce higher highs and higher lows while rejecting the uptrend trendline. All-in-all current price action suggests the continuation of the uptrend. The upside target is seen at 90k satoshis,...
With the descending triangle already broken , resistance lies at 41,974 Satoshi ($3.79) . Breakout within the next ten days. Not to mention a massive volume spike ; highest since initial pump. Target prices taken from width of ascending triangle: First Target - 31.8% Second Target - 63.6% Third Target - 95.4% Fourth Target - 127.2%
Touched 50% and there you go up again. Very strong community and people love it actually. Including me lol.
Ethos will rock soon. HODL hard till fiat gateway. To the moon and beyond!