ETH USD H&S before testing the support
Who let Batman Family out? Bitcoin on a Halloween Bull Breakout.
Took the recent lows that are forming a falling wedge bottom (lower lows) and H12 Ichi Cloud as strong resistance. We have a strong possibility of the drop. 10-26-18 is CME futures expiration date. On the last expiration date 09-19-18 we fell $300 and bounced back up to 6500. This time the bounce might not happen and we will consolidate for a few days at the lower...
Hopefully, half Batman pattern loved by market makers will be a catalyst to break-out from the boring flag. Previously, this pattern occured in a small size with the target of -61.8 retracement. If the bigger one copies its move the targets are on the chart.
Bulllish Idea for Bitmain Equipment Pump
Bearish Scenario of the similar pattern
Today we saw bitcoin had a nice bounce off some strong resistance areas: Daily MA55, Daily MA100, and lower support line of the rising wedge/channel. That impulse caused many traders to close their short positions and possibly convert into bulls. It could be a very profound trick by market-makers to get rid of extra passengers on the way down and at the same time...
BTC Expected Projection 6750-6850/6250/7500
Possibly, a bit crazy scenario in the current market condition, but thought it would be worth sharing. There is a giant falling wedge. Of course, it is not perfect as the second top does not touch the top resistance line, but two touches before the breakout make the pattern valid by the book. The breakout occurs on July 17th and now we are testing the trend line,...
One last push to the top - hopefully