2 levels to watch,
44834 and 41291 are the levels I will keep a close eye on it. I don't think bitcoin will drop to 0.618 but I could be wrong.
For now, my plan is to see the price action, look for the double bottom and big green candle close on its high will increase our chance for the reversal.
Keep calm and patient.
Congrats if you followed my last trade idea, both of my BTC and ETH trades are going exactly what I expected.
Let's take a look at what is BTC doing right now. Clearly, it has been trading in a tide bull channel for more than 2 weeks. It is a very bullish sign to me --
1. break upper channel could accelerate the price appreciation
2. break down the channel could...
No fancy regression band, no bunch of Fib extension levels, no stupid random price target from YouTubers and course sellers.
My prediction is based on measured moves which has been used in price action trading for a long time. In crypto, I use log scale to measure the previous bottom to the ATH . It indicates the next ATH will be around $32000
Believe it or not,...
With BTC bottom probably in, ETH is setting for another big leg up and break the 2017 ATH. And the potential is HUGE!!!!
55% of my portfolio is in ETH now and keep increasing( cant resist to do so lol), because ETH is lagging behind BTC run.
Here is what my guess, widge patten and blow off top is a very rare patten , usually its 25% success rate. But come on,...
Is BTC bottom is in?
Highly likely to me, or close enough.
Classic wedge bull flag + double bottom formation assume we close above 30000 by the end of the day.
History only rewards people who have patience and strong hands. We will go to the moon once we shake out the weak hands. Cheers!
Not much update here, but just keep close attention to ETH forming another rising channel, which could turn into a big leg up break the 1400 level.
If you have followed my posts, I mentioned I have 50% portofolio in ETH and I decide to put more because ETH is more under-valued than BTC. My ultimiate target is $24000-30000, but will be happy if it only hits...
BTC had big bear candle yesterday and dropped below 30k level and currently bounce back above it. I think BTC is very strong and whales are buying it.
My last post was predicting the price will go lower to the fib level, but look at the current daily price action, I have a little more hope that BTC might have bottomed. In order to increase my prediction, I want...
I dont think BTC will retrace back below 20K area, if it does, its very bad news.
I personally will add my BTC bags in those 3 levels based on fib level and experience.
I have already took some profit and ready to put back to BTC and ETH. Cheers!!!!
LINK is one of my favorite coins, it has been in an uptrend for 2+ years. Currently consolidates around the final pump start position. Which I think could be a good spot to add long when bullish candlestick pattern occurs.
I have 50% of my crypto portfolio in ETH/USD and I am considering adding more ETH/BTC pair to catch the potential bull run in the near future.
Based on the BTC dominance chart, we could see ETH going higher when bitcoin consolidates above weekly 20EMA. Let's see if the H&S will play out.
Daily TF BTC bull looks weak, I am now preparing for the dip scenario. If BTC retraces as we have seen in 2017, here are some levels I would love to add. ( see the chart)
But, if BTC decides to go sideways, I don't have any problem adding once it breakouts the upper resistance which is 20000 level.