Seriously guys, this is NOT a forecast. I just want to show what is popping up in my head thinking about possible bullish scenarios for the rest of this year. This is obviously much too early to be anything near confirmed. I will still keep this in mind. We will know soon if this becomes a valid possibility with a target above $22k by the end of 2019. Happy and...
Here are the key levels to watch for Bitcoin / USD on the daily timeframe.
The price of bitcoin is still over the kumo cloud.
The Lagging Span is actually encountering a green candle.
Downtrend scenario :
If the Lagging Span crosses the price and gets under it then that would be a first confirmation of a down trend.
In that case it would have to cross the blue...
Hello traders!
Today we look at XRP / USD analysis. XRP is the 3 largest cryptocurrency by capitalization. This coin is typical in that it has an absolutely different graph and structure than the remaining coins. Most people still remember it from 2017 when they made an extreme increase in 1 month. However, since then it has been very weak from XRP.
Current...
I think Ethereum price depends on where Bitcoin price goes. First, we need Bitcoin to reach new highs around 11200-11300$ then I think Ethereum will start test the resistance around 320$ (lines up with 0.236 fibonacci level)
If it breaks up, then my next target is around 390-400$, if fails I think Ethereum will retest the support zone. At the moment there is a...
The main target
As seen on the gold analysis, the price has begun an uptrend that will continue at least in the short/medium term. The very short term target is the resistance identified by the EMA200 weekly and it is set at around $ 17: if the formed support on the 78.6% of the Fibonacci retracement ($ 16.25) should not yield in the case of a retest, within a...
An admittedly quite optimistic bullish scenario. I think we are right on track for the formation of another bubble a la April 2013 and November 2013.
Notice how similar the runup from the low this year, has been to the July low last year.
Then compare the astounding similarities in the RSI. Other people have pointed out other similarities between the three...
_____ Hit a “Like” button if you think Bitcoin will eventually hit a new all-time high _____
Bitcoin already trading at the lowest price over the past year. In the last 24 hours, the Cryptocurrency market has been bleeding. Bitcoin already crashed by 14.6% as price moved from $6500 down to the current low at $5500. This is a huge USD1000 drop in a very short...
Dear HodlCrypots,
As we all know BTC is making a complex correction from it's previous all time high. To anticipate the upcoming moves we have to assume that there is a basic underlying structure in all corrective structures. This is a scenario where I anticipate bitcoin to make an even bigger WXYXZ corrective structure. Keep in mind that this is speculation from...
Quick update of yesterdays scenario ():
We saw price failing to push through straight away, as we suspected. Now we have 4 actionable options before us:
1. Price moves down and we see a reactivation of a new bullish cycle somewhere in the support area. Here we can re-enter a long position if we get good signals
2. Price stagnates and allows some time to pass,...
Since the beginning of May, when BlockMason Credit Protocol rejected the resistance at 6900 satoshis, it has lost over 46% to the Bitcoin. Currently BCPT/BTC is trading at 3860 satoshis, and this is 161.8% Fibonacci retracement applied to the corrective wave up after the ascending channel breakout.
Today price reached this support level and seem reject it, while...
6944€ is a key level to watch. I think that if a full japanese candlestick is formed under 6944€ then that would mean a continuation of the downtrend at least until 6909€ and possibly until 6722€ (lower price on 18th of May 2018).
Keep an eye on the Lagging Span Line that is actually testing the price of 6944€ (as the price does).
Looking at a bullish scenario for FX:AUDUSD , Found bullish divergence on MACD with a moving average crossover buy signal. I believe this bounce up was the beginning of wave 3. If wave 3 can reach this next area of resistance which is well above the wave 1-2 1:1 fib extension then it may possibly reach the 2.618 extension
