my last chart analysis got the title:
"Finally the end of the bear, start of the bull?"
And now, we can say for sure - it is the start of something big! :)
But, don´t get me wrong... Even in this bull market, which easy can take 12 - 18 month from now, we will see major rejections and downswings of 30 or even 40%.
i hope you are all fine in terms of your health because of the global pandemic!
The most informations should be very clear in the chart.
I really like to watch in big time frames, because i can see much clearer where we are now.
- we have exiting the downward channel, which we were in since mid of 2019
- we are above...
you will find all necessary informations in the chart above.
Even if we see drops in the near future, the long term outlook is quite fine!
Think about all the money printing, the financial crisis and the pandemic.
Save your wealth and stay healthy!
My opinion only, no financial advice.
sadly Bitcoin didn´t get the chance to close the inverse head and shoulder pattern.
The black swan event (corona virus) also affected the crypto market because of a global panik level.
Now we have to watch closely, how Bitcoin reacts at several points:
- downward channel top (resistance)
- 6,400 prior support, now huge resistance
- 200 week MA as...
this formation is quite interesting, not because this would bring us over the important resistance from june´19.
Also in the german index DAX there is at this moment building the bearish opposite of this bullish view on Bitcoin (see link to related ideas).
If we will end going much more down, than i draw the next big support levels for you (all in...
i noticed this formation a few month ago, but now as the right shoulder starts to build the information, i want to publish this one.
Long term ( 6 - 18 month ) short is possible!
Massive downmove awaiting if this SHS is playing out.
Red line shows difference between head and baseline = possible move down.
And you can see divergence in the RSI .
i know many of you are scared at this moment and it could play out bad, but there is also a change that we saw the local bottom and getting bullish again.
What you could find in the chart:
- red line: Monthly resistance (14k)
- blue dotted lines: Monthly channel (big timeframe for next months)
- black line: Weekly channel...
- monthly close is a strong resistance
- 21 week ema was not touched this bull cycle
- 200 day ma huge support
- triangle (bottom) from years = huge support
- triangle (top) from last ath = huge ressistance
I think the next months, bitcoin will jump a little in these range.
Great trading opportunities for short and mid term!
Long term, i´am...
I hope IOTA will break to the upside.
If it works, there would be a good chance to see 2 USD in not so much time.
But it won´t go strait to the upside, there will be a bunch of retests.
Greetings and good luck!
i wanted to tell you my opinion on the actual market situation.
There are a little more lines and colors as normal, but i will break it down for you:
The background colors are from the fibonacci retracement since last ATH to bottom in dez´18.
Bitcoin hit the 61.8 level and the dump started directly.
The dotted line is the actual bull trend and you...
If the ratio between ATH is decreasing by a half, then i can predict the next ATH ... just math!
For this theorie, i just looked at the decreasing of percent for each all time high to the next one.
This is like x 64 ... x 32 ... x 16 (but not so accurate)
We saw a major bullrun from 0.39 USD to round about 30 USD ( ~ 77x )
We saw the next ATH at 1 143 USD ( ~...
i want to share my opinion with you. I have to say first, iám really hope this plays out, but there is NO Guarantee that we will see this drop in the "buy zone" (white circle).
Why i think we will see a last drop before taking off from these levels forever:
- since the bottom @ dec´18 we see a massive rally ( much more than 100%...
Hello crypto traders and hodlers,
i have a great info for each of you :)
The golden cross is really near and this means we turning the trend longterm in the bullish direction!
This doesn´t mean that the price would never go more down, it´s more than likely that we generate a double bottom (near 3.100, +/- 500 USD).
So if you want to go for the longterm hold...
my chart is correctly shown as "neutral" because nobody knows what´s coming next and ... it´s crypto :-D
But the signs are really good in my view.
Check my chart, follow the lines and ask yourself also.
In a smaller timespawn there could be a trend reversal from a bear to a bull market!
If we get a candle close over the big blue support line, the...
Hello crypto fans,
here is a new update for my "short term" view.
My last two charts are already playing fine, but this one should be get you a better view for the next few weeks.
So don´t get into FOMO because we will see a better price to buy next year Q1.
Hope you enjoy, leave me a like or a comment with your optinion.
Thanks and i wish you a nice christmas time :-)
Hello Crypto fans,
a few weeks ago i draw a chart which shows the next 5 years and yes of course - nobody can tell the future, but IF it would be the same as the last time, this will be happen.
The turnaround should be between march and july 2019, in the chart i took may because it´s between.
Iám really interessted in your opinions.
Hope you guys are ready in...