This bull run shows a harmonic pattern. TD is currently green 3 on 4H chart. It will follow the previous pattern and will continue till it reaches green 9. Which means 20 more hours. After 20 more hours expect a pullback to 4400 area. Target: 4600
In my previous idea (25 September) I explained the mounting pressure on earlier buyers to take profit now, at a time when there is no longer any question about whether or not we are in a bubble, the only question is: How far in? From that idea I took a small short and covered it at a loss for 0.25% of account (1 x 400th of my trading account). But the long term...
TD gave a clear buy signal. BTC bull trend continues. Expect up to 5 more hours of bull trend. Target: 4400
Cup and handle is formed, BTC bullish trend will continue. Enter: 4150 Take profit: 4600 Stop loss: 3850
After reaching ATH almost at 5000 USD and at FIB 4.764 (when measured 1 = 1150 and 0 = 150 from the last 2013 bubble and retracement), Bitcoin is currently within a downtrend channel facing 4 strong resistances. Hard to break them but if we look to the details of the other patterns, it's interesting how dissimilar they are. BTCUSD is currently within a small bear...
Zooming out (3-day/weekly) on the charts of some of the major exchanges today shows flattening / decline in volume, particularly with respect to the prior two major legs up in price (end-March to end-May; mid-July to end-August) – while the price is going up the volume is changing direction. Note: for this analysis I can't take seriously the charts from either new...
BTCUSD might follow the cyan line (projection). This projection is based on the possible H&S pattern, major trendlines the Elliott Wave Theory and strong (psychological) support and resistance zones.
If you plan to invest more into Bitcoin (BTC/XBT) I see on horizon two opportunities zones for optimal moment to invest.
Thought I'd share my thoughts and overview on BITSTAMP:BTCUSD . I see too many charts these days cluttered with a million indicators which make it very hard to see anything at all. All I really use is moving averages, fib and RSI with a otherwise clean chart. Should be friendly to colorblind people too - seeing as I'm colorblind myself. In this case I'm using...
Whats with the panic here? The highlighted rectangles are the fractals where the same pattern has occurred over and over on the smaller time frames BUT THE OVERALL BIAS IS STILL BULLISH. Enough of this mumbo jumbo. It's clearly pointing downwards, but have people never traded before? All these crypto traders seem to have never traded anything other than...
Do you think it's possible to catch every high and low in a trend? I know I never did, until I started toying with this idea. The idea is simple in theory, it is rooted in moving averages and moving average ribbons. Each fiber of a ribbon contains some different information about the pressure field acting on the ribbon. What if you could selectively choose which...
If KRAKEN:XBTEUR can break the resistance @3790 EUR it is back on its way up to 3950.00 EUR +
Long squeeze ending MACD bullish Long term bullish New updates and development coming
Follow the trend until it bends. I see an inverted head and shoulders. The idea is to take the tip of the head and the tip of the shoulder and double that length. We are also seeing higher highs and higher lows. This thing might slightly retrace and the best bet is to look for a bounce of the ichimoku cloud and buy. I see no divergence yet, so lets follow...
Bon là, le Monero est en phase de dump. La MACD passe en négatif et le RSI est pas mieux, assez proche des 30. Là on peut remarquer que le premier triangle vient d'être breakout. Le support a pété, et donc maintenant il nous faut atteindre le palier de la prochaine résistance. Si ma vision des choses est bonne, il faudrait acheter dans la première price range...