CryptoSync

CryptoSync

BTC Patterns - Falling Wedge - Bear Flag - H&S Regards, Cryptosync BTC Tip Jar : 3BMEXNxR1zF7GTpHSAnsGke3c3a75J8gVK

CryptoSync

Possible falling wedge. Trade possibility : Position : Long Entry : $3930 to $4000 Target 1 : $4321 Target 2 : $4427 Target 3 : $4565 SL : $3794 Regards, Cryptosync BTC Tip Jar : 3BMEXNxR1zF7GTpHSAnsGke3c3a75J8gVK

CryptoSync

Forming an equilibrium If break above $5641 - Target $5840 If break below $5578 - Target $5400 Regards, Cryptosync BTC Tip Jar : 3BMEXNxR1zF7GTpHSAnsGke3c3a75J8gVK

CryptoSync

BEAR TRAP Regards, Cryptosync BTC Tip Jar : 3BMEXNxR1zF7GTpHSAnsGke3c3a75J8gVK

CryptoSync

Falling Wedge On break out possible retest of $6000 range Regards, Cryptosync BTC Tip Jar : 3BMEXNxR1zF7GTpHSAnsGke3c3a75J8gVK

CryptoSync

Next Support Levels : Physiological Support : $5000 TA Support range : $4900 - $4700 Resistance range : $6000 - $6100 Regards, Cryptosync BTC Tip Jar : 3BMEXNxR1zF7GTpHSAnsGke3c3a75J8gVK

CryptoSync

If Head and shoulders play out then Target 1 : $6950 - £7000 Target 2 : £7400 - 7500 If BTC dumps below $6350 then this scenario is invalidated

CryptoSync

That my wave count. . Trade 1 : short till $6460 (my current position) Trade 2 : Long from $6460 till $6750 - $6800 Let us see how it place

CryptoSync

My Position : Long Target : 6400 - 6450 (Yellow Box) 100 day MA (white line) is acting as a great support and resistance since last few months. When the price was battling at 6800 range, the 100 day MA was acting as a great support. We broke that support recently in the last dump. I presume we might see a small pump till 6450 - 6450 range (Yellow Box)...

CryptoSync

We might have a nice bounce now. If the bounce happens then Target 1 : Green Box (6400 - $6425) Target 2 : Yellow Box (6515 - 6545) The RED box (6155 - 6200) at the bottom is next support if we go further down from here. Regards, Cryptosync

CryptoSync Updated 

Probable hidden bearish divergence on daily time frame. Trade Setup : SHORT If it breaks $6414 Target 1 : $6341 Target 2 : $6192 If it fails to break $6414 then the target will be still LONG $7000 Regards, Cryptosync

CryptoSync Updated 

Bullish Scenario : Step 1 - BTC Retraces till $6460 - $6360 range (red box). Keep in mind it is less likely but can retrace till %6300 - $6250 range (yellow Box). Step 2 - and then an impulse till $7050 - $7150 (Green Box) Bearish Scenario : Retrace below $6200 will trigger bearish scenario. We will analyse this once it reaches there. Comments and reviews...

CryptoSync Updated 

Bullish Scenario : BTC retraces till $6300 - $6250 (Yellow Box) range and then start wave 5 till $6600 - 6670 range ( Green Box) Bearish Scenario : BTC retraces till $6300 - $6250 (Yellow Box) range and then retraces further till $6170 - $6100 (Red Box) In past 1 month 100 day MA has acted a solid resistance on 4HR time frame. For being bullish it needs to...

CryptoSync

Is it again going to get rejected from 100 day EMA ? Trade Cautiously. Regards, Cryptosync

CryptoSync

For some reason I am not convinced with this pump to be a trend reversal. Reasons : 1. The daily MACD is not even showing a proper bullish divergence. 2. The volume is no where near like it was at $6000 ( 06-02-2018) or $6400 (01-04-2018) I think we might see the price up till $6300 - $6500 range ( chances are we might not even see this range ) , which will...

CryptoSync Updated 

I am expecting a bounce till $6300 - $6350 range. Will open a Long at $6200 if we break above of the triangle. If we break out downwards then will open a short at $6050 till $5900 - $5800 range. We are likely to break anytime now, probably after the day candle closes in next few hours.

CryptoSync

When you can not figure our whats happening on a particular time frame, zoom out and look for a bigger pitcure. Thats what I did. These are the traits of a hidden bullish divergence. * Price making Higher lows * RSI Making Lower Lows This can be seen on the Weekly chart for BTC I think BTC is preparing for a short bull run in comming weeks. Lets wait...

CryptoSync

Chart says it all. Cup and Handle in Yellow Hidden Bullish Divergence - Red line. Long Target 1 : $8300 Target 2 :$8500 Lets see if I am correct. I am in a long position with 25% position and will add up if the resistance of $7800 breaks. I am short term bullish. Comments / Corrections / Opinions welcome :)