KRAKEN:ICNXBT Triangle formation, descending wage pattern. Fib levels provide ideal entry signal as it has demonstrated strong support. ICN platform and Reddit AMA (tomorrow) should elaborate on the strengths of the platform and strategy to buyback ICN (therefore decreasing supply & increasing price)
It appears as if $ICNXBT is about to breakout of the falling wedge pattern. Fib retrace provide an ideal entry level and the narrow channel forming confirms strong support.
XBT experienced a long needed correction from a parabolic rise. The volatility of the market make predicting price movement in the short term difficult but XBT remains bullish in the long term. The fundamentals are too strong to do otherwise. The market is not at a great entry point right now as we are at a strong zone of support/resistance. Volume is poicking...
This morning BTC took a large drop for reasons unknown to the wider community. It has been rumored there is 500,000 BTC coins for sale at the 3000 level. In my opinion this has been picked up by those eager to short BTC which requires margin. Only yesterday it was widely regarded if BTC was to break through 3000 resistance, 4000 is in the cards in even a...
See related idea for more insight.
See related idea for more insight.
The trend is going up for now but: 1. Don't buy now. Its too risky to pick tops. 2. Take your profit and wait for another breakout out of a flag to go long (look at the related idea). 3. The trend is still going up so don't short unless the support level of the latest high is broken to prove that the trend is broken. 4. Sometimes doing nothing is the right choice....
Looking at the gann setup today we will be testing the arc and soon the end of the square. Both events must make us look at the charts for new trendlines appearing. Also as price has broken the yellow downtrade line. We may see a breackout in less than 3 days.
After reviewing and rectifying some of the mistakes I made in the past charts and by now following this fractal logic, I think we're heading for a small correction in the upcoming days, probably tomorrow. Seems to me Bitcoin will go to levels between 1195 and 1250, but quickly recover to continue up the stairway to the moon. There is a chance Bitcoin could visit...
harmonically bitcoin due for break having moved aggressively through cycle. as it did in 2013. the lines in enneagram are a harmonic flow, and do not indicate support or resistance, but the intersections are turn dates which i can project.
This is a thought I've had for a while and well it seems likely enough that it is worth publishing. An inverted head and shoulders is also confirmed by the volume profile as being a viable formation. This chart is intended to depict the GENERAL direction only, NOT for specific price targets.
1. Golem is a very powerful investment, by buying it we basically inves into electricity and computing power. 2. Dev team performs incredibly well closing on golem brass. 3. Price is jumping from strong bottom support.
1. ZEC pumping (higher high) 2. Above two support lines, and broken bear trend. 3, TOP 9 coin in terms of volume (24h) almost the same as monero 4. Attractive for miners 5. One of the big names that provide innovation to blockchain tech BTC, ETH, XMR, ZEC
Short term down, then up. Middle term down. Long term up. No announcements, no news scenario.
Someone just put more than 2k btc wall on support which instantly reversed direction. This is how i see it plays out now.
LISK looking good right now bullish singals
Buy the DIPS since bitcoin clearly loves to bounce right back and even go higher most of the time. If your trading bitcoin with margin, always set your stop thankfully I was prepared for a pull-back since I kept moving my stop-loss up to ensure profits were taken. This saved my a$$ big time here, I can tell these spikes are from margin calls. The volatility and...
this is a quick triangle i drew. maybe its time for some consolidation. let the market mull over the etf denial, the BU shenanigans and the soaring alt-coins. Breakout of triangle early-mid april. Up or down.