Its time to reverse by tech and fundament analysis. 2 IMPORTANT trends(one of them from the borning of bitcoin) and powerfull support line. There are also a lot of important people(like Rokfellers and Rotchilds)and companies join crypto by last months.
So I still think we have to dip down as hard as we spiked in order to please the bears and get this price back down to where the whales will jump back in and repeat the cycle. On the other hand, sometimes loans can be paid off short. Looking at it from a non technical standpoint, some may say a double bottom combined with the extended amount of time we have...
Stophunters are real quys, perfect example of a beautiful flag setup dipped hard below support right before the breakout. You could tell that once we got huge sell volume on the 2nd smaller flag the run was over for the most part. That's where clean flagging turned into choppy channeling. Keep strong hands manipulation is strong atm. Rising wedge currently...
Stophunters are real guys, perfect example of a beautiful flag setup dipped hard below support right before the breakout. You could tell that once we got huge sell volume on the 2nd smaller flag the run was over for the most part. That's where clean flagging turned into choppy channeling. Keep strong hands manipulation is strong atm. Rising wedge currently...
Stophunters are real quys, perfect example of a beautiful flag setup dipped hard below support right before the breakout. You could tell that once we got huge sell volume on the 2nd smaller flag the run was over for the most part. That's where clean flagging turned into choppy channeling. Keep strong hands manipulation is strong atm. Rising wedge currently...
Have a look at this. Log scale makes this "breakout" look like a who cares break of the 50 ema. Seems like a dangling carrot sent over by the bears... We are still in the downward channel shown inside the blue lines. If we get above 7300, that might raise an eyebrow. Even then we are still way below the main downward trend line from the ATH shown in green. ...
Hi guys! On the 1h chart i noticed some bull div while looking at the RSI and the chart. Higher Lows on RSI & Lower Highs on chart = bullish divergence This means we could see an upward movement within the next couple of hours. I post daily charts on Twitter @misssbitcoin I'm on YouTube as well! MisssBitcoin Good luck trading guys! Hugs, Maddie
Hi all, We are still on a bull trend, I even think that we could reach the first target today , and very probably in the 3 coming days. Target 1 @ 0.00001495 BTC Target 2 @ 0.0000159 BTC I'm a biginner at TA, and there is no certainty in this analysis.
Leaning towards bearish short term. Let me know your opinions
Im the Wizard of Farts and Charts and dropping knowledge as it seems no one can count simple EW patterns here. People are guessing their trades and not understanding wave structures. Let me show you how poop is done. I almost cry when I look at the stuff people post in here and Im sure lot of people are losing their money. This Crude Oil thing started with a so...
Strong support at 5900 triangle pattern being formed. Neutral for now. more corrections ahead. waiting to see when we are going to break this formation.
Hello Guys. Here we looking for a cypher pattern to short. We just got a litlle consolidation, and a break out. nice litlle pullback, into the Doble top Adam&Adam. We broke Down Again, and make the B leg, on the cypher. ( LH) After that, we got a nice break Down Again, and got a LL, what make the ( Fibonacci extension C leg). Now we will wait for the D leg to...
Waiting to breakout of the channel. If we can go above $7,000 then the dump is probably over.
Just putting my 2 cents about the Litecoin market after watching it for most of the day. Using trendlines, support/resistance levels, and some Fibonacci lines. Got some of the price movements correct for a quick swing trade I did not execute(A lot of fear due to the long term charts, I believe signalling a up swing rather soon). Practicing for the larger swings...
Back when we hit 6k, that was considered our resistance level. we bounced right off and uptrended back up. Now we face another down trend and seems we will be testing that 6k resistance again. if BTC/USDT breaks that resistance level, it should be our confirmation for around 5.3k-5.5k resistance. Then we will be done with our downtrend.
most known technical analysis rsi divergence did not work with bitcoin. it should bounce 8k to 10.8k then continue falling or decide new way but it not worked. yes supports,resistances emas bounces some formations works most of time but rsi divergence was very important and btc killed it. maybe future it can go over then 10.8k but in my eyes btc died with...