BTC in downward trend but can reject from 200MA. Went unexpectedly through golden cross but seeing the 200MA as support from now on.
This is simply beautiful! You can support this with many patterns too.. (3 drive/triangles) CONFLUENCE - CONFLUENCE EVERYWHERE! This is for those saying "how could McAfee make such stupid predictions" - Study the chart folks... He has probably been looking at the pitchfork analysis and volume alone. Again many ways to draw this better than what i did here. I...
please check out previous chart to see all BTC moves ;)
After checking my count, this will be the area where I will enter long (white zone) Reasons Golden pocket zone support area Wave completion 5
Exited a short trade I put on in the 8200 range in the 7900's for some lackluster profit. My reason for doing so was (given the higher lows) I expected this recent bullish impulse and now I expect it to go further before (again) being absorbed by the bears. I do not usually go against my longer time frame bias but I am today because it seems high probability...
important support area, 0.78 fibonnacci, additional an expanded ABC correction, lower volume, if not breaking this area soon I will take this operation with good RR as a swing, my general vision is that there is still to fall to 7k area but always a support and resistance one at a time
Hello, Bitcoin is forming a falling wedge which historically was followed by a sharp spike at the end. This is supported by Oscillators that are showing a bullish divergence against falling price, if this analysis is true then we should expect a run towards weekly highs of $8800. As to the timing for opening a long position, it is a good idea to wait until...
In my opinion we could see a retest of 8.3k (weekly level) before Bitcoin decides whether to go up or down. If we go down, I fully expect the price to go to around 7.7-7.8k. If we go upwards we could see as high as 9.6k
They broke through the middle of the channel, settled on the support of the previous channel in the region of $ 8100. The blue line acts as support. Locally, it can still grow to $ 8250-8300 as a test of the broken level. And there you will need to watch the mood of the market ... We are under EMA8,21,50,100
AEBTC BUY NOW UP coming soon What is your opinion? Please leave your comments.
This baby is ready for take off ....
Buy Now. Targets and Stop Loss are shown in the chart. Please consider money management before taking any position. Good luck.
After a decline below $8400 a clear and strong bullish divergence has formed in 15 Min TF, we can expect an increase in price and testing the next resistance level at $8800.
EVERYTHING IS OUTLINED ON MY CHART. WE ARE STILL HOLDING SUPPORT FROM YESTERDAY. I THINK WE ARE RIPE FOR ANOTHER IMPULSE, MY ONLY PROBLEM IS MM'S PLAYING GAMES.. ( REASON FOR THE SUPPLEMENTARY ENTRY BELOW). VERDICT IS WE ARE ABOUT TO PUMP.. SHOULDN'T EXCEED TODAY. USE GOOD RISK MANAGEMENT.
Bitcoin should be headed to 8000. This is extremely likely. Unless support starts forming right now it should get there pretty soon. Since there isn't much support building up at the lows, it looks like the high 7000s price will not be the bottom for Bitcoin. Probably get out of your long positions. Looks like consolidation (waiting for positions) before massive...
Conflicting signals today.
As my previous analysis came true, now we can look for a buying opportunity. The Oscillator shows a clear bullish divergence from price action, which has been falling over the last 24 hours. Also the price action is trapped in a channel, once it breaks through the resistance line we can comfortably see a further surge in price up to the next resistance level of...