ErnestsAdlers

ErnestsAdlers

When looking at the current state of BTC, we can clearly say that we are about to enter the Bull Market. Over the past 2 month BTC has shown great gains rising +69% since the 6th, February. And right now it has reached its "Bull Market Gate-keeper" the (4996 Eur - 5325 Euro) Resistance Level. In my opinion, the price will retrace to (4153 Eur) Support Level,...

ErnestsAdlers

LTC had a well respected resistance at 45 EUR, and it managed to brake above it! Right now I have outlined a channel (Light blue trend lines) in which LTC is moving in for the past 44 days. Right now LTC has made a Double Top pattern. That could lead LTC to retrace back to the support at 45 EUR. I am looking forward for an Entry at the 45 EUR zone ...

ErnestsAdlers

BTC clearly has lost its uptrend momentum when it got close to the 3595 EUR resistance. It made a Spinning Top candlestick pattern, which indicates a potentional trend reversal. And that means that BTC is staying in its now made Ascending Triangle pattern ( The triangle pattern is in light blue color ). Expecting BTC to retrace to 3200 Euros, because the level has...

ErnestsAdlers

I have spotted an amazing bullish price movement confluence for BTC. In the 1W Chart I spotted rejection towards the 2770 EUR Support Zone, and now the price made a Double Bottom pattern ( A strong price action reversal pattern. ) When I moved on to the Daily Chart I spotted this huge Head & Shoulders formation occurring with a Neckline ( Brake out line) @...

ErnestsAdlers Updated 

Considering the news about cryptocurrency getting more and more spread (Facebook making secret projects about crypto in their platform, one of the world larges banks J.P. Morgan making a stable coin JPM, some states in the USA now accepting BTC as a tax payment) draws people more to Bitcoin. And knowing that uneducated people, about crypto, refers to any...