This has been a pattern playing out for the entire year of 2019, and looks like in the next week or two it could start playing out. IF this happens and we see sub $120 prices no problem. Also, take into consideration that there's a bearish divergence on the RSI, higher highs in prices but lower highs on the indicator.
double bottom supporting at $14.
2nd bottom forming in divergence with RSI oversold.
230SMA stopping the pull back and pushing down as in 2016.
IMHO a cross of the 230SMA with price breaking and consolidating above $16 may trigger a run towards $20 (1000SMA) with 1st TP at $18.
Otherwise, IMHO, if support at $14 is breached, Silver will probably keep...
As you can see ZRX has been boring but is soon to turn that around. You can see this on the chart that there is potential for nice profits. The fib numbers are close...I have found that these patterns are not exact but work within the range of guide lines.
Details on the Chart.
This is my viewpoint and my opinion. I am not giving advice but...
Hello Friends, just like previous posts I published. BTC is in a bearish mode and will remain so unless we are able to retest the upper resistance (marked on chart) and have a break through, otherwise BTC is heading south towards LL and LH.
We have a decline in volume since this years ATH and there are several bearish patterns that have formed on various time...
If you take a look at "W" in the past what I have mentioned in our chart. Alaa Mekki is nowadays famous for crypto news. Matrix-Coin is doing great and they are providing a lot of stuff one of them is a prediction about cryptocurrencies price too. They said that bitcoin is likely to go to 11200 USD on 24 August the dump was mentioned before on our main website....
As we have seen that the price is stuck at the same price as it dumps last time. Now there is still a chance the price can be drop. Because we have recently interview with most professional experts in the blockchain. Alaa Mekki from Matrix-Coin. They said that the price is stuck on the same history as it was happened last year from 6000 USD to 5000 USD for a...
A new Bitcoin update for you guys! Currently I don't feel like anyone knows where shes headed short term! Thankfully I have *some* idea of what may happen, and I am here to share it with you guys! Since my last Bitcoin chart, we reached our first target, and went a couple ticks over it and started falling, a beautiful set. I am now expecting a fall from our huge...
How to increase the amount of bitcoin?
buy zone 0.00000087-0.00000100
1st targets 0.00000130 ( 25 % )
2nd targets 0.00000157 ( 50 % )
3rd targets 0.00000196 ( 88% )
Divide a deposit into this deal into three parts
Place orders on three levels
1 level 0.00000100 (20 % depo )
here it's where Silver is in respect of its position prior to the 2008 Financial Crisis.
Please watch the RSI and note the shift in sentiment that has been persistent since 2014. Silver has been in Low Sentiment for the last 5 years.
Sentiment was runnung high before the 2008 Financial Crisis but fear drove money out of other markets into safe havens...
This is just another idea about where BTC can be going long term. I have posted this recently with updates on this chart.
Details on the Chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest...
LTC has presented a couple patterns that are showing bearish signals along with 1 bullish signal for which I decided to do a chart on. Attached you will find a charthttps://www.tradingview.com/x/PwKzhjYY/ that shows a possible outcome accordingly to the bearish signal patterns that I have found. I had excluded the Head and Shoulders pattern for...
As we have checked the next prediction Bitcoin is going to 9200 USD in upcoming days. Bitcoin will recover to 11500 USD on 19 August Again. So this is a good opportunity for all those people who are going to hold Bitcoin at a cheap price. Meterqubes is giving them an opportunity via a trading view to hold when the price goes down.
Here is some clear news that we...
Over the past few days, the Bitcoin movement was between 9500-12000$ mark, which meant there can be a pump or a dump. The dump played out and now the market emotion is turned into fear.
On the top, I can see a bearish MA cross over which means it can again go down to 9500$ mark, which means more possibility to go below and fill the 8200$ gap. Further, it can...
Bitcoin has shown a drop of near 9% even with the bullish Fundamental news. However, it has been making lower highs since July end.
This seems to pump a few altcoins especially those on Bitmex.
Cardano is making lower highs, so there is a high probability it can get rejected after 549-550 Sats which is also a strong resistance.
If it successfully breaks it out...
NeoWave, 5th Failure + 3rd Extension within Terminals
5th Failure Terminals basically mimic 3rd Extension Impulse patterns.
3rd Extension Terminals
This pattern takes on a strange and difficult to interpret structure that is usually discovered only after its conclusion (or shortly before conclusion if the pattern is large enough). This is what an Extracting...
Sorry been a long time since my last chart...been busy working for a living :P
Anyways, was going to buy some TRX but then noticed this. As you can see on the chart the pattern appears to be bearish and if you look at the weekly RSI and MACD it doesn't look good.
If your going to invest in this one be careful and set up your stop loss. I myself...