Farbridge

Farbridge

History never repeats, fractals are dumb bear FUD.

Farbridge

The levels and fractals I'll be keeping an eye on for bitcoin feb. Bear target: 7.8k Bull Target: 17.5k

Farbridge Updated 

We are currently at the 1.618 fib, a classic profit taking zone. This might cause a dip to the 2 green zones where long orders are waiting. Eventually expecting a push upwards to $15k where 2 take profit zones are outlined at the 2.272 and 2.618 fib exentions.

Farbridge Updated 

Bitcoin price prediction using Elliot Wave and Fib Retracement. I believe we are now in the 5th wave of the Elliot Wave count, and it should also be the longest and fastest impulse wave. A good sign for this is that the 4th downward impulse wave did not go lower then the first impulse wave. Using Fib retracement we can map out a top near the 2.618 fib at $8000...

Farbridge

Litecoin looks poised for a run up to $63 at the .5 fib or the bounce of daily Ichimoku Cloud at $65. I'm looking to sell in that range and buy back near the historical uptrendline or after the breach of $65.

Farbridge Updated 

Once the downtrend line (in red) hits, the price will bounce. Its safe to sell at that point and wait for a breach of that red trendline as a signal of upward continuation to rebuy again. I believe market makers will try to take the opportunity to push the price even lower by mass selling, sellwalls and FUD. The long term support line (in white) is a nice...

Farbridge

A long standing resistance at $316 just got broken. This is now support. Looking for a run up to $376, the next major resistance before ATH. A blow off top to ATH could also be possible.

Farbridge Updated 

Expecting one more pump with difficulty adjustment coming up for miners. Afterwards dump with consolidation at $600.

Farbridge Updated 

If bitcoin goes on a bull run in anticipation of segwit activation mid to late august, expect a price of around $3950 at top of channel. #btcusd

Farbridge

Great long opportunities coming up for Litecoin $LTC Wait for breakouts above $50 -> $55 and $55+

Farbridge Updated 

2 possible price directions for bitcoin up to august 1st. Due to the low volume on this bounce, I expect the red route for a retest of $2400 to be more likely.

Farbridge Updated 

5 waves trend corrected by a 3-wave counter trend, will bitcoin continue its move upwards to the moon? Or drop like a wet bag under the trendline. Exciting times ahead!

Farbridge Updated 

Expecting 1 more move up for #Ripple before it correcs. Buy in zone around 16000-18000 satoshi.

Farbridge

Bottom at the $880 area as predicted. Bitcoin just broke out at around 910$. Major resistance targets for a bounce are 960$ and 1020$ zone.

Farbridge

H&S pattern and bitcoin breaking out of a rising wedge are 2 bearish signals that the Bitcoin price will be going down in the short term. 2 locations for a nice bounce I'm looking at are near the $1006 range and the $960 range. Dipping below $960 will be a clear signal that we are entering a bear market. Looking at $880 target then. If the bearmarket is rejected...

Farbridge

It seems to be heading into a rising wedge. Unless fomo breaks out in full force and it will try breach the resistances at $1200 $1220 and $1260.

Farbridge

The next 2 days I'm expecting a gradual move to the ATH+ zone. Any fud might send the price back to the $1080 region.

Farbridge

The dump at 23.00 GMT made bitcoin break out of its long upward channel and bounced of a long term trendline that was broken earlier to reach 1074$ resistance. Price action is now bouncing up and down this triangle making lower highs and lower lows. I go long if bitcoin breaks this triangle upward and makes a higher high. It will then also have to break the 1074$...