I forecast that the price of bitcoin will drop to the previous support level of around $5980 USD, before gradually making its way back up to the resistance line of around $8,073 where the price will then change direction again unless the bulls can break through this line of resistance, in which we could see a return to a bull market. Like this post if you agree,...
So... many people have varying opinions on Bitcoin and the whole cryptocurrency market in general. Some say long, others say short, maybe its on a bull run, maybe its a bull trap. Its all relative to what your think is a good return rate during some period of time. If Bitcoin mimics what it did back in late 2013 and early 2014 then its value should drop some...
This considering only bullish, not any hyper-bullish market moves.
#beyondTA If you look back recently at coins that had solid pumps, like NULS, ADA, NEO(see first pump back in may/june), MANA, what do they have in common? A cup and handle formation right out the get go with no resistance above the current price line. traders crush these patterns and overinflate their values. The longer term the formation the better. Now,...
I don't know how long this perceived affluence will continue--but the days are numbered. Everything is overbought.
I would highly look into Goldcoin and what they are all about. Sitting around 3000 SATS, this is an easy buy. Circulating Supply: 72,000,000 Litecoin circulating supply: 84,000,000 Its much easier for Goldcoin to raise in price compared to other coins/tokens that have billions in circulation. steemit.com
Hey traders! I want to wish you Happy New Year. I really hope I can keep learning from you, I have had the opportunity to meet amazing people here, and I want to thank you all for your great support :) I want to share with you my first Monero`s analysis (XMRUSD), where I identified a long term tendency line in the Logarithmic Price Scale (if you don`t understand...
Hey traders! In first place I would like to thank you for all your support and great feedback, I really appreciate your comments, opinions and chats, and I hope to learn more from you everyday, this has been an amazing experience :) Today I bring you another Ripple´s analysis based on a longterm tendency line I indentified in the logarithmic Price Scale. If you...
Hey traders, I hope you be fine! I want to share with you what I found in Bitcoin´s chart today. As you can see, there`s a huge head and shoulders (H&S) pattern in formation, which is quite worrying since it indicates a possible drop of bitcoin´s price to 6k dollars, and therefore, a big drop of crypto´s total market capitalization. This is quite concerning since...
Hello everyone! First of all, I would like to wish you happy holidays and also apologize for my inactivity these days. Second, I would like to share with you my Ripple analysis for the next few days. As you can see in the chart, there is a big triangle pattern about to be completed. This pattern is accompanied by an upward trend, so we can expect a bullish price...
Blockchain frenzy on a wearable payment / biometric payment company.
Forget the moon, forget Bitcoin, forget Litecoin, Ripple is so heavily undervalued and might prepare for a trip to the sun. The risk/reward on this asset is off the charts! Fundamental Where to even begin? While Bitcoin has been getting all the attention last year or so, Ripple has been working in relative silence. There has been a decent amount of good...
Talking about BTCUSD correction is hard, since there's a lot of speculation and euphoria, however, is Bitcoin moving to second support trend line? or conversely, Will BTCUSD maintain in agressive traders trend line? What do you think?
OBV decline but price flat, retails stopped selling, short positions should stop out and rebound imminent for next catalyst.
This is one of the traditional charts examples you can find in Books like: Technical Analysis of the Financial Markets by John Murphy. And this example is in real time and is happening now. The Chart is very clear for my point of view and even I do not draw a trend line but is obvious and even is history that the down trend was broken by strong up price...
My opinion is that bitcoin is going down toward 4k. I compare last price drop (15th of September) and here we can follow the identical scenario (referred picture). All time high followed by a drop and correction. We will expect a fall before the bitcoin gold and stable situation toward segwitx2.
Hey all, Just wanted to share my weekend thoughts.... In a nutshell, I'm bullish for the upcoming week! We had a lot of FUD last week and BTC´s price was clearly affected buy it. The smart money took their profit and we had a nice healthy (small) correction. The smart money will start buying again. Bitcoin normally doesn´t like to produce more than 3 red daily...