Bitcoin is at a crossroads. Do we continue moving up or do we break down back into the down trend coming from the ATH?
I don't know, but I would like to propose a (very) hypothetical analyisis here that looks quite bearish for Bitcoin. Keep in mind this is a hypothetical situation that has not actually happened yet, and this theory can be invalidated at...
inverse h&s is being formed. Right shoulder isn't completed yet!! Expect a breakout in the next couple of days!
Targets are set on TA.
Please do not forget to like and follow.
Lets see what happens!
Best of lucks to all!
BTCUSD
Hello readers!
So an inverse head and shoulders began Jan 20th at 13000 with trough at 6051 on Feb 6th. If the inverse head and shoulders continues, the price could increase to 18134.
Since Feb 15th, a double top has formed (neckline at 9416), followed by its peaks at 11621. If double top pattern continues, price could decrease to 7500.
Hopefully you...
Good morning everyone! Here is the latest with Bitcion: This is on an hourly chart, I normally use a 4 hour. Bitcoin pushed up to the neck line of the inverse head and shoulders with unbelievable effort, considering it had hardly any volume most of the time. It was rejected by that trendline. It didn't have enough momentum and buying pressure to break through that...
Dear Crypto-Family!
D4rkEnergY is so happy today! :) D4 now has 5,300 followers, 400,000 chart views and he became Top Monthly Author 2 days ago. Very soon D4 will make 100 of his followers RICH! Yesterday I got a PM here on TradingView, from a Danish guy who wrote the following:
Great call, like your work. Love your stuff. Have followed you, and your trades...
Goodmorning and have a nice week.
Yesterday xrp made the break , increase the volume, and gave us some profits.
What it need now is to take advantage juncture to attract new investors.
Good news is a head.
In the chart, we go all the way to the goal ; )
Happy trading to all.
Good morning , and have a nice month .
After last consolidation , I believe that the xrp will break through the narrow channel, and will catch the target.
ps
waiting Coinsquare adding xrp.
Just my opinion , no trading advice
Ooooh, everyone loves to be the first to spot and call a bullish pattern and/or run, don't they? And when everyone spots the same pattern, that is exactly the moment you should become skeptical. Especially, when whales are in the game attempting to manipulate outcome to their benefit.
So, what I see here, and keep in mind this is according to the Bitstamp chart...
First rule of DGD club: don't talk about DGD club.
We've got a nice Inverse Head and Shoulders forming here. This is a more reliable pattern than trying to make a handle to the cup out of the right side, and it'll still moon regardless.
Channel - Bounced around in a channel for a while before breaking out, forming the right side of a cup (though as I said...
Hey hey heyyyyyyyyyyy! Wasa Wasa!
So this now lightly bleeding upward pointing wedge hanging out all day.
Launchpad for elevator to hell?
Sometimes. This one has dripped out a little blood , but it looks like perhaps it would like to climb back in that wedge...
if at least very very slowly. Hurry up and wait!
But It has not actually dropped a large stone yet,...
Price has formed a base with a wide range between 6k-12k. I see a head and shoulders pattern forming. I like to use a flat neck line which would be at 13 K. The measured move from the neckline projects to 22K which would be a test of ATH's. Price currently trying to break above an ascending wedge w/ 4hr momentum in the upper range.
I hope everybody made the right calls yesterday and profited from my analysis in some form. Please share or like to so others can get their eyes on these charts and more can benefit from them.
If you recall yesterday, the internet was filled with calls that we were about to drop back to sub 8k prices, few were bullish, take note of those and make sure you follow...
![BTCUSD: [BTC/USD] ** When is Bitcoin NEXT breakout!?](https://s3.tradingview.com/n/nyxRB0Ul_mid.png "[BTC/USD] ** When is Bitcoin NEXT breakout!?")
