My last analysis was a few day ago where I stated: "If price breaks the upper downline a surge to the 12.900 is highly probable".
We are now on the road to the 12.900 level. Before we hit that target, price can easily decline to 10.900 level. The 13k level is important, I´m expecting a correction back to 10k or something in this region befor we will...
I´m back on the road with a brand-new crypto analysis.
For now it´s important to know that bitcoin is the dray-horse of the complete crypto market. If it collapse, the whole market will follow. That´s like all important stock markets simply follows the Dow Jones Industrial Average which you can see now if it drops hard.
We saw one of the biggest...
my last Bitcoin Update called „Bitcoin will hit 8.100$ in 48 hours“ was on point. The low was made at 7960.
You can see the sideways formation before the decline was set in motion.
Look at the same formation now, chartanalysis is always about predicting the future from historic pattern because history always repeats but never in the same way.
Hi Traders, quick update on Bitcoin here.
We go to the 1 hour chart and see that price is consolidating sideways. If we break the red zone below than we can expect huge momentum.
A harmonic move will lead us to 8100 really quick, I expect that target in the next 48 hours.
**This analysis is no investment recommendation. Do your research on your own!**
Around 16x with just buying the dip 2 times?
Heres how it happens: First you have the trend following triangle formation, when the breakout is confirmed, you have to wait till the pullback occurs.
Heres what you do: You have two EMA, the EMA 50 which help you to buy the dip and the EMA 100 beneath you will set your Stop Los.
If price comes back to the previous...
Hi Traders, since my first analysis of Bitcoin price surged about 500$ to the upside with a breakout of the symmetrical triangle formation.
This will lead us to the following question: Will the low be in place and a new bullrun stands briefly before?
I will try to answer this question in a way that every one of you understand it with no complexity.
Steem/Usd look super bullish!
It has triggered a Head&Shoulders pattern with the all time high as target.
Retest of neckline done!
If the all time high breaks there will be 4 targets I want to mention
EOS/USD looking very bullish atm, after retest of support EOS is about to breakout to testing all time high.
IF it successfully breaks out above the red trendline I have 3 targets to hit next:
OMG/USD reached the first target of a AB=CD pattern at 12,55, second target at 8.30 is a bonus but it´s also a critical level.
If OMG breaks support of the bullish trendline than a potencial head&shoulders pattern will come into play with targets I´m scared to mention.
In my opinion caution is advised on this cryptocurreny!
Iota/USD is currently trading neutral within a bearish undertone.
Looking at the price action Iota finding support at the 61.8 fibonacci retracement.
A break of that level will lead to a further decline to 1.35, a possible spike can reach 0.90 level
A close above the EMA50 will warn of a retest of the downtrend resistance line with a possible breakout.
Bitcoin/USD is still trading neutral till direction will be confirmed due the break of the triangle.
I´m expecting another bull-killing bear wave down which could easily hit fibonacci support levels of 6900 to 7080.
If there will happen a expansion, next underlying support is at 5.800 and 5400, that are great long term buy levels from my...