The bitcoin, which has been rising steadily, has been declining, affecting the Altcoins.
But the chart is signaling that the downturn will be over here.
There was a break in the long declining trend and we tested the support for it.
From the candle standpoint, we did not present the Evening Star Candle pattern because the...
The bitcoin seemed to finish the elliot 1 wave, and came to the second wave.
In the bull market, I have checked the price range where the two waves can be concluded universally. The price range of about $ 7,800 corresponds to 38.2% of Fibonacci retracement and is a price range where many transactions are concentrated. It is a place to show strong support....
The bit coin is in place to determine the directionality of the current price.
As you can see, the chart showed a convergence pattern, and was resisted against the downward trend exactly.
If you are a buyer-oriented trader, the two most important things to look at in the current chart are whether the bottom of the price continues to rise or breaks down to...
It is a short cycle bitcoin chart with strong rebound and resistance breakthrough.
If price come down, I will find out a good place to approach Daytrading.
First, it is the Fibonacci 38.2% price range of $ 7100 for the low and high points of the bit coin that is giving the current adjustment.
This price range is a place where you can give various meanings. It is...
While the beat coin is showing a further decline, this time we will move on to a fairly similar candle pattern from the previous cycle and compare it once.
Please note the red candle pattern inside the square
1. Price increase
2. Convergence, Rise
3. Double Top
4. Price decline, Fibonacci rebound at 78.6%.
This time we will see a smaller cycle in the current...