Hi people, as seen in my last chart i had a target from 9150-9500, i want to say that the current targets on this will be 9070-9500 .
Bitcoin had a great move upwards and now we are facing the 200 daily EMA which is at 9070.
As seen on the chart i believe bitcoin is in a rising wedge and it is a bearish pattern.
the 4hr stochastic is currently holding the...
Conforme publiquei na analise passada eu questionava se o Bitcoin iria acordar por estar meio pessimista.
Sim o BTC estava numa zona muito importante e se o preço passasse abaixo iria ficar bem feio e talvez o mercado demoraria muitos meses mais para se recuperar e ir para os patamares de preço mais altos.
Então finalmente veio o movimento Bullish esperado. O...
Opened a position in this today when it broke the triangle. It did pull back in, I may have jumped the gun as this could be a false break-out. It is a nice pattern and did get an upgrade today with a $120 price target. I'm in at $96.02 still in the money. My stop is $90 and first target is a measured move to $112 then hopefully to $120 upgraded target. Ideas, not...
I had drawn a rising wedge pattern a few weeks back. Then it broke higher than the wedge and pulled back in. I' asking for feedback from the community as to what we have now. Is it a wedge or channel. and if it's a channel, was that break above the wedge and pullback enough to change the picture?
EVEN THOUGH IT'S UP 45% SINCE MID OCTOBER AND THE RETRACE TARGETS ARE UP AROUND 30 DOLLARS....SHOWING BEARISH DIVERGENCE AND RISING WEDGE ON DAILY.....COULD BE SHORT TERM PULLBACK OR COULD BE FINISHED....WON'T KNOW TILL WE SEE FOLLOW THRU PRICE ACTION.