Bitcoin has been declining over the past 9 days and is currently just trending below the bottom of an ascending wedge that was formed over the last bull run up from $3,200. We can expect the price to trade at the $3,800 range for less than 24 hours at the most, before a fall to the ~$3,700 support levels.
Target 1: ~$3702.90
Bitcoin has rallied up past the $7100 range and has been holding strong above support (which was previous bullish resistance). We are starting to see price action heading back up toward the previous high of $8400, formed on the 24th of July 2018. We can expect price to be trading in a range for anywhere between 1-2 days in the short...
Bitcoin has hit my last price target of $7127.80, 48 hours ago and is currently reconsolidating price action. It is clear that the crypto market had bottomed on
the 13th of August 2018 and is ramping up for a complete market reversal to the bullish side, stemming in early to mid-September 2018. We are currently in wave 4 of Elliott...
Bitcoin has moved clear of bearish sentiment earlier in the week, however, is finding difficulty passing on up through the resistance ceiling of $6780. Bitcoin is still sitting above the 3 moving average periods of 25,50 & 100, which is a good indication that the bear run has concluded and we are now in a sideways market which could...
Bitcoin has finally passed through the bearish market and is now in the clear for a bull run, the entire crypto market as of now is seeing green across the board for the second time within a 7 day time frame. Bitcoin has also crossed all 3 moving average time frames that which I typically use (25,50 & 100 periods). This is all...
Bitcoin had a massive downturn over the past 3 days, falling flat down to the support level initiated late last year and earlier this year in January. It seems the market has bottomed out as this is the third time BTC has reached this support level. If you are looking to go in on crypto investments or to trade i would suggest buying at...
Bitcoin had a short rally after a massive 5 wave fall from 2 days ago. The break of the supporting trendline from my previous post was fulfilled by my prediction of the break being Elliott Wave 1 for a movement to the bear side. The 5 waves have been completed and were looking for the ABC pattern before finally breaking weak support...
Bitcoin bounced off the Elliott waves formed over the past 2 days, ending on the 5th wave before making a recovery upward. We should be looking at a temporary "recovery" before continuing the downtrend back to support lines formed before the last major bull run. Support being 6,500-7,000 range.
We're gonna be looking at price...
13-01-2018 | Technical Analysis | Support Levels | Price Targets | Wedge | Time Frames
Ripple has had a bearish past week, falling from the high of $2.75 all the way down to $1.57 before the bulls came in and closed the candle above the support level of $1.87. There was a maximum draw down of 31% (closed candles). It is currently...
06-01-2018 Technical Analysis (Support levels & price targets)
Ripple has had an amazing past week, having a bullish run from $1.879 & peaking at $3.30! (75% increase in a mere 5 days). However having retraced about 30% from the peak of $3.30. It is still seemingly managing to hold steady at $2.50 (just below the 0.5 fib retracement level)...