So my last analysis on BTC was proved to be true. Much before it touched 11k mark to fall down again, I had published that it's going to fall down. Exactly at my predicted time, we're at 10.3k again.
I would again advise you to stay away from bull traps, from the dummy head and shoulders, diamonds, cups and what nots. Open your eyes and see it yourself. It's...
Once we break upwards out of this falling wedge I will be opening more longs with a target of the top red trendline.
It could take some time to breakout and slowly bleed along the top of the falling wedge line that's why I'm opening longs once we breakout.
I will add more long positions if we retest the falling wedge and confirm the trend reversal.
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My analysis:
If we breach the $ 9350 barrier here, the price will fall fast to 8730. There should then be some hesistation orbiting around 8800-9200. after that the price may drop even more to 7730.
See the pink horizontal lines which represent the levels that price should pass (based on my analysis).
I think the price is moving natutally to 7740 USD.
I've...
Very short video simply to mark a spot on my charts of when BTC is supposed to fall to like $7800.
I came across a tweet that mentioned this and after clicking through tweet after tweet came across the orginal post. I think the guys name as Marcus Landom or something like that. Supposedly he's pretty accurate in his calls on cyrpto, so i thought I would...
Cardano:
- RSI @ 47 (nearing oversold).
- MACD crossed on Feb 9th., holding trend now, may continue sideways.
Falling Wedge?
Symmetrical triangle?
Can it break past 0.236 Fib Retracement level (black lines) or the 0.382 Retracement level (orange lines)?
New upper price channel forming?
Watch Bitcoin, everything is following btc right now. If BTC dips again under...
Well, as you can see 99% of ideas was canceled due to market collapse. For most of us it was unpredictable situation. I also was hoping to enter ALL IN in long position after bouncing @ 1.08 but this does not happened.
Now we can see strong bearish trend, bulls are tired now.
Ichimoku cloud concept defines trend bouncing 2-3 times per cycle. We already see first...
Chart : 4 hourly
Pattern : down breakout from symmetrical triangle
Prediction duration : 4-6 days
Target: 305 $ based on Fib retracement level
Range : 1117.5 $ to 614.88 $
Fibonacci retracement 1.61 level : 304.24 $
Supporting indicator : 12 and 26 SMA show downtrend and diverging with 12 SMA below 26 SMA.
While many other coins have been falling strongly against BTC in the past week or so, SNTBTC has stayed relatively stable.
Currently, volume is low, and it is forming a falling wedge (orange lines). We could soon see a breakout. If this happens, it will test 3000 sats resistance, then 3500.
A breakout from the sideways parallel channel happens if it breaks...
The falling wedge pattern of tron is almost at its end.
The optimistic side of me thinks it will make a run towards the ATH.
But it could as easily stay hovering within it's new trading range.
Which scenario and height do you think it will head for?
Here's my new favorite: IOTA.
Technical:
During the ABC - correction, a falling wedge was created. Falling wedges are normally known as bullish chart patterns. IOTA breaking this wedge in combination with the bullish divergence both in the MACD and the Stochastic RSI gives a strong bullish signal. Because there is a more or less strong resistance at 4.00$ now, we...
AVT has been firmly stuck in a bear trend for the week or so. The chart started off looking very bullish, but has since pulled all the way back to the original .786 fib line. It appears we should be nearing a reversal, as two patterns have clearly formed that suggest a breakout above $3 is on the horizon.
When we look at the trend lines we see a falling wedge,...
Kore has been very volatile over the last couple of weeks . . . However. A trend is emerging, and with the new wallet being updated to Bittrex, I think we can witness a TO DA MOON event!
