when i study the whale effect i find very high sell effect, and i expect a breakdown to 7600 area depens on this data. I have say it again at time. its now 7870 Have good time. # this is an expecting made by me. nobody know the future.
If we can stay above EMA200 bitcoin can Getting Started another rally. The market seems to be finally starting another rally after a few days of bearish and price retracement , provided that bitcoin can stay above EMA200 which performes as a resistance line. Bears should not lose this resistance line because if lose this position We have to wait for price drop to...
Completing head and shoulder pattern The trend line and Kijonsen have strong resistance at 9473. Falling below the cloud is possible in the 8000
Watch price movement between uptrend lines. This is a good chart to trade in bitmex.
Key things to take away from this: There is a Bullish ABCD pattern to $17,000. Up Trend is on if $9,500 broken. Down Trend is on if seller show up at $9,500 61.8% is at $8,000 Halving event is 65 days away. Take it easy team. See you on the next one. ~Bo Bugra
As you can see on the chart the current situation is almost identical to the period of 25 April - 5 May 2019. The next step was quite the explosion in price, so perhaps it will happen again this week?
As expected... an interesting day for BTC and other major Cryptos with risk under pressure once more from the latest Apple announcements. There is little to update on the fundamental side, with BTCUSD finding support at $9,500 as expected. Risk is likely to remain under pressure today so buying dips is and remains the strategy. A break of $10,000 will likely see...
Fibs were placed on swing highs and just the golden pocket fibs are used. Long history of strong retracement/support zone. Long term trending used to form the bottom of the parallel channel. Ascending triangles showing a history of a continuation to the upside. Blue bars copied from 2015-2017 in the parallel channel, before the breakout and parabolic...
5th wave is coming to break the major resistance ! after 11K there would be no other resistance on the whole chart ! Just free fly yo unknown ! whatch it close
A quick short-term update here with another storm of risk coming our way for the weekend. This time it will damage the late crypto buyers with a correction. We have already had intense orders and impressive sizings seen in Tokyo and before the NY open. A real risk of a healthy pullback as that ridge of high pressure from Coronavirus spillover effects enter into...
Most analysis suggest we have at least one more push to the upside before we have a correction ... It's possible that this will happen in the next few hours based on this analysis. I hope its clear enough - if not ... put a comment :) (check related ideas)
Bitcoin long-term analysis : cup and hundle structure
NOTHING GOES UP IN A STRAIGHT LINE. Wow, no shit Sherlock. But what can we expect from Bitcoin? I think we’re in for some weeks of relative calm movements in which Bitcoin accumulates back again on a higher level, before it continues to move towards the next resistance. The $10,000 couldn’t provide substantial support and the move is a bit overextended in my...
We called the previous Dibs here. Key things to take away from this: There is a Bullish ABCD pattern to $10,000. UpTrend seems to be on. Halving event is 93 days away. Take it easy team. See you on the next one. ~Bo Bugra
We called the UpTrend here. Key things to take away from this: There is a Bullish ABCD pattern to $10,000. Dips to 23.6% level at $8,900 and 38.2% level at $8,400 will be a buying window. UpTrend seems to be on. Halving event is 97 days away. Take it easy team. See you on the next one. ~Bo Bugra
Due to following reasons i think the btc short term move will push us to test the down trend line 1. need of a retrace for previous attack to the new upper trend line that failed and needs a dump to gain more power 2. negative regular divergence in volume and AO indicator in 4h and 1d 3. huge sell walls on 9350-9500 that is a key factor for more pump (closing...
READ THIS VERY IMPORTANT after a good bullrun all eyes are on this parallel channel on the chart for btc next move break of price in either side and sustaining with a good 4h candle above 9500 or below 9200 confirms the next movement i personally think because of the regular divergence in volume and AO indicator a good short entry is more likely giving the fact...