We reached the resistance point at this value ! So either we got through the resistance point, either it will strike back between the two blue line. So I think there is a high possibility that the market will get back to its sens at go back around the 1300-1350 in the following days. Do it at your own risk :)
Bitcoin crossed to FIB level #13. Of course the pressure of being into a new dimension it's never experienced before made it retrace. Nevertheless, Technical Analysis is showing two figures here. - One Bullish Harmonic Pattern. - One bull flag / descending channel. Also some confluences: - Support at the previous triangle resistance at 12500. - A psychological...
Sell signal type TD-countdown setup is now completed on daily chart suggesting an imminent correction. This is only a private analysis and not a suggestion, do your own research before entering a trade. trade well ;o
Time for a rollercoaster ride. $20k or $25k not impossible before a serious bear market, followed by a rocket heard around the world.
One of the tools that I use the most for finding resistance and support levels are the Fibonacci. In this chart we can see that when the price reaches a number in the thousands that begins with a Fibonacci number, it immediately dumps. Normally, this has happened between 6-10% before reaching the FIB retracement levels shown in the chart. Interestingly, these...
This is not in my Portfolio and it shouldn't be in yours. However there are many people thinking about and asking my own view on it, but I do not trade any duck is moving out there, there are thousands of real assets and you looking for something that nobody understand a 100%. Any Investment should be based on important and real data with defined business model...
Stealth mode whale accumalation.. RSI oversold in every time frame but the daily. Im expecting to bounce from the center line to breach the resistance within 48 hours. Flag Pattern, to continue the trend up. Skys the limit with this 1. When she decides to go up. Volume seems to come out of no where.. Buy now or wait for the break.
Bitcoin has show common trends of a 150% increase followed by a 30% drop on time intervals that are consistent within 45 to 55 days. Watch closely because bitcoin will be due for correction hear at the end of the month
Currently we have a red 8 on Tom Demark count on 4H chart. This means that down trend will be over in 4 hours. On weekly chart we are at green 8, which means there will be 1 more week of uptrend before possible bear trend starts. On 4H Chart, Stoch RSI is oversold which is a clear buy signal. Also we have hit the lower Bollinger Band area, which is a clear buy...
BTC could not break out in the bull trend and bearish trend has started. Tom Demark count is currently red 5 on the hourly chart. Which means we will have up to 4 more hours of bearish trend. Scenario 1: Price will drop till 7475 support level and bounce from there. Scenario 2: 7475 will not hold and price will drop till Fibonacci 0.5 6945 Here are two trading...
Tom Demark count gave a clear green 2 on a daily chart. This means bear trend is over and bull run has started. According to Tom Demark count we will have 7 more days of uptrend. Oversold Stoch RSI and Fibonacci confirms this. I expect 2 scenarios in coming 7 days: Scenario:1 Price will go up till 7500 resistance level. Scenario: 2 7500 resistance level...
We need a larger correction if Elliot Wave Theory is going to fit. Down targets for Elliot Wave are roughly $4300 and $3500. (0.5 and 0.618 retrace since ~$700) If the Head and Shoulders plays out, it's calculated down target looks to be below $4300. In the long term, I suspect $4300 a good buy in price should all of this play out. To err on the safe side, I'll...
Bitcoin has been following an ascending channel since the beginning of 2017, and price action has been keen to respect the limits of this pattern every time it has reached the upper or the lower limit. Now that we reached the upper limit of the channel a couple days ago, which price heavily tested, a correction is likely to take place towards the supply demand...
For myself, geometry trading has proven to be my most effective strategy in the arsenal. To explain the chart above, each trendline represents possible support or resistance. Therefore, I will remain bullish as long as BTC remains above the solid white trendline. From that point, this becomes nothing other than a game of ladders. A break in one level generally...
I have Elliot Wave 5 Extensions on chart, as well as Elliot Channel. Segwit2x will occur somewhere in yellow area. Let's watch. Reply and let me know where you think price will go!
I Believe XBTUSD Long Signal after Elliot Wave ABC Correction on 1 Hr Candle . Once Wave 2 complete and next Candle close Green. We can long for Wave 3 Big Move which could be Last High Level