We've pulled back after stagnant movement near the .236 fib level on the 4hr as well as breaking down from the rising wedge we were trending in. Next target is the $7250-7300 range and if those are broken a possible new low following afterwards. If you find my charts helpful please feel free to check out my telegram channel...Link will be in the comments.
Hey ravers! Maybe I'm beaked again, but I see the up-trend too weak. Keeping in mind that btc is in a bearish market since the beginning of the year, we shouldn't be too optimistic about this short bullish rally. The chart speaks for it self. BTC should go up to test the 100-MA resistance, but the fact is that it has failed to surpass the 7.7k line and that...
Correction ABC in subwave 4 in progress. Expect max of subwave 5 - 26500. Than close all positions and wait till retrace to buy zone, will see how it goes. Kepp you updated guys. t.me/cryptounitech
Time to go short guys. Wave 3 finished. Confirmed by MACD and RSI on 30 min TF. Expect Wave 4 to retrace to 22700-21500 where I will stack my buy orders. t.me/cryptounitech
Dash is almost at the bottom. From past 5 months , the DASH is dumping hard. Now the price is at buying zone. In past the price was going to moon from this level. Chart already looks great to breakout, because Falling Triangle Pattern, which is a bullish reversal pattern. RSI is almost nearly to oversold zone.. But the price needs to break this resistance...
Hello This is simply to educate others. Daily chart for TRX/ETH is consolidating. - Macd has cross over to the down side on Daily chart. - Stoch RSI is pointing down - Based on Bollinger bands We can enter around 0.00009230 eth for a possible move up (ASSUMING there are bullish signs and the weekly chart isn't pointing down as well otherwise we will continue to...
Currently in a rising wedge pattern. No trade zone for me until confirmation of a breakout upwards or leg down. looking more bearish than bullish to me. Bullish divergence on the 4hr rsi was broken and we continue to trend below it. a nice green candle above the high of 7560 will invalidate my bearish call and possibly proceed past 7600 if we breakout with enough volume.
Sitting on a major trend line support/resistance level right now. Hopeful for a break back up to retest 7599 but set my stop accordingly. prepared for a hard dip but still hopeful we'll remain bullish. could be a turning point within this hour. 7520 will either as strong support or immediately be broken. looks to be a cup and handle forming.
about to break symmetrical triangle on the 30 minute. a lot of bullish pressure to continue upwards. $$$
possibly another leg up to retest 7400 if we stay above this trend line. wicks shower higher lows but also may be forming a bearish flag on the 4hr.
Trend line. possible bounce up if not we may still be aiming for below 7k
short in at 7489. 25x leverage and makin bank regardless of which way we go
TRX continue it`s correction ABC of Wave 1 in Wave 5. Must search for bullish divergence signs on MACD and RSI also increased volumes to confirm beginning of wave 3.
Bitcoin has been long on the downtrend. As you can see from the chart bottom should be at 7 000$ but we need to break at least 10 000$ to be sure that the downtrend is over. Next 50 days will show if we are going to see new highs on near-term. If we break 7 000$ we have supports at 6 500$ and 6 000$. Daily RSI is also approaching 20 and is on our side. If we can...
Hi Everyone, As you've all heared, Civic got listed on Binance today, which created a nice 24% hike after the news about the listing broke out. Just for you're info, Binance opened trading for CVC/BNB, CVC/BTC and CVC/ETH trading pairs on 28th May at 09:00 AM UTC. What is Civic CVC/BTC? Civic is a personal identity verification protocol that leverages...
I am bullish here with BTC in the low 7k range. Volume has dried up to almost nothing, indicating a big move is coming. Daily RSI is approaching oversold. Beginning to see bullish divergence in the 4H RSI. Looking at where BTC has come from and where it is now, the run to 20k pales in comparison to the previous tops at $260 and $1,160. For people expecting BTC to...
This is my overall idea for Elliot's wave theory in regards to our current position on BTC to-date. This is my first time publishing and do not consider myself an expert in the theory (or crypto for that matter) nor do I consider this the correct method used to analyse with Elliot's wave. I use the theory simply as a guide based on previous movements to point me...
Volatility is currently low within EURGBP and we've seen the price ranging for some time now. We should witness a bearish breakout should fundamentals and reports back it up. If Bollinger bounce occurs, we will see price go bullish up to the 0.87900 region.