Thats our Idea for Bitcoin until the Fork
Target 1: 6550
Target 2: 6850
Until the Fork i see no Factors for a pullback, if this scheme works out we can buy back around 5900-6000 with a stoploss in place.
Take profit in the Red Zone and prepare to open a short there. We need to be careful when we open a short at 6500 as this could also rally straight to 7k. Have...
So looks like all the chinese news (incl. some clowns calling btc a fraud) destroyed the current bullrun of bitcoin, as well as all the good TA's of some Guys here. Bitcoin was poised to go over 5000 on this run. Anyways for me looks like we´re clearly in a elliot waves cycle, lets see where this goes.
As always, take care, and keep an eye on the news, as btc...
Weekly chart, we should recover from the fake news quickly and close the weekly candle between 4600-5000
I see a possible top next week between 5100-5600
This shouldnt be any advice, and my prediction could get destroyed by some new rumors everytime
Bcash consolidated well and the market crash didnt hit it hard. Now looks like a breakout, you can buy now or until 0.13 levels, would be breakout point
If it goes under 0.12 we sell it, maybe stoploss .15
Status found some Support, and it went a bit lower than predicted due to Chinese Market Selloff
Maybe wait for breakout to buy, but i dont think it goes lower until some other bad news affect the market again
700-800 Sats good Buy, use stoploss in case market gets another selloff
Numerai i like the most, because its the scariest one. Whales pushed the price below support which caused a selloff from some scared People. One Guy even managed to sell it at 220k sats
In my previous Chart i was sure it would jump off from 550k, but with the chinese news coming out some days later it caused another selloff. General Market should recover slowly...
Due to the chinese selloff the whole market dumped, which i see as a great chance to get in. Everything depends on Bitcoin now, so you may watch btc moves first.
I personally dont see the market dump alot more, and we should see a breakout in civic the next 3 days
But bids between 8500-9200 sats and be happy if it gets filled.
Put a stoploss in case other news...
Bitcoin could form a inverse H&S Pattern here.
I expected Bitcoin to jump off from 4400 Support, but the Chinese News affected the Whole Market with a big selloff.
If there are no other news coming which make a bad influence, i see this scenario coming.
In the worst case it should touch the Uptrend Channel again (3,9-4k)
If this doesnt hold, the bears officialy...
Bitcoin isnt done yet, i expect 1-3 days more bounce in the 4400-4700 area, after that it should try to break 5k again, and within 2 weeks from now it should reach the top before correction (2 possible scenarios mentioned)
Trade with care :)
The scenario could be the same as june-july, october would be the second july with a selloff due to the coming...
Civic looks like a freefall on the first view, but its at a good support which was a big resistance on prior Breakouts
Good entry 9000 Sats
Put a stoploss at 7900 Sats in case of second scenario if it falls back to startpoint.
Macd looks like reversal
Stratis is very undervalued, great Project with great Team, tried to break out but failed because the Wallet Release was postponed, could accumulate some more time or break out of this channel the next days when they release the Breeze Wallet finally. Major resistance around .00220000-.00250000
Numeraire on its way to test Alltime Low again, most people sold already because they got scared. Dont get tricked out by whales, hold your coins
Danger Zone below 500k Sats, but shouldnt go below 550k anyways, the Reward is big here