We are seeing a bull penant and a falling wedge on H2 while #BTC attempts to form the left shoulder of Inv H&S. Possible drop to ~10.1k before a jump to 11.5k+ in my opinion.
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1 trend line needed
Reputable project
Decline in token value due to Wavecrest cards..
A lot of exiting news to come from TENX Including new cards being issued out 1st / 2nd Quarter 2018
Accumulate and wait
If the lower TF ema's can cross over the 400 here on the 4hr, I expect to see some serious action upwards. In the past this has been a strong signal. The horizontal golden lines are prior price support and resistance levels and fib retracement. Also, potential W bottom here??
The final push today has converged the Tenkan Sen and Kijun together..
Notice on the previous cross over we broke resistance but not the key reversal we have been looking for.
All signs look good
TK Cross over about to form to much support for this to go the other way. Also Orion web wallet will be released in the next few days via slack channel this will allow...
Hey Guys,
So this is what i see now in BTC 1H graphic. So if this triangle brakes up he will brake that down-tranding line and we will be going up to the moon.
I do not feel comfortable making orders for lambo before braking.
So the Eye in the triangle is watching you and you can't hind.
Have a good day.
Please share your opinion about this.
This is not intended to be financial advice - just my honest opinion of where BTC may be heading based on it's previous motion.
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The bulls have made some progress. But, they have a lot of work to do if they are going to win the battle against the bears. I still see BTC in a trending downward within a strong channel...
BTCUSD saw some hot action this weekend, playing out nicely for my call late last week for a correction of this bull rally. Thus far we've corrected to and found support at the 38.2% fib level of our rally from $6k. I think there is potential for one final push to $8,800, but overall I am bullish on bitcoin for the time being. I believe we finished our first minor...
GOOD MORNING!
The weekend is always the best time for big moves in crypto, since the 9-5ers are only watching their portfolios with sidelong glances. I'm guessing one of two formations will play out this weekend.
I've included in the chart both a layout for a iH&S move, which many people are advocating, though I find hard to swallow.
Also included is a move...
BITMEX:XBTUSD COINBASE:BTCUSD
So far the cup and handle is forming correctly. Let's look at a Hidden Divergence explanation shall we.
Hidden Bullish Divergence
Price: Higher Low
Oscillator : Lower Low
"Indicates underlying strength. Good entry or re-entry. Occurs during retracements in an uptrend. Nice to see during price retest of previous lows."
