As you can see, We have a trendline (dotted line) that acts as a navigator.
IF bitcoin can break this like and hold above it, We can expect further growth.
Notice: We had a nice bull divergence with RSI on daily chart.
Bitcoin is moving in a bearish pattern. We had a huge drop from 10400$ to 7300$. After that we had an upward retracement to the 38% Fibo level. Finally, the price has completed it's retracement and now the drop is to be continue. The next support is located on 6000$.
I’ve just found something amazing. This is Lamden (TAUBTC) which is trading on HitBTC.
The TA is perfect! As you can see, The horn-like pattern has almost been broken, And the RSI has broken Its all-time resistance! So everything seems perfect for TAUBTC on the chart.
On the other side, I mean fundamental potentials, The project seems to be very strong.
I've just updated my last Idea about the BTCUSD pair.
In this chart, I've divided the time into 4-years section, and spotting the Christmas before each halving as the starting point of the bull-run.
As you can see, We never had a lower low after the Christmas before each halving.
What do you predict?
The Symmetric triangle has broken down. Also, The pull back has been completed. So, In my opinions, there are 2 ways as next:
I) We will touch the bottom line of the channel, It can be coincident with Fib level. Then we will go up.
II) The channel will broken down and we will test the bottom of daily falling wedge.
TRXBTC is forming a falling wedge on daily time-frame. In my opinion, Two scenarios are probable:
I) The price can break up the falling wedge and further growth will come.
II) The retracement and consolidation will continue until the price reach the last low. Since it seems that the long-bearish move for TRXBTC is over, So we can expect that the price goes up...
There is a very beautiful correlation between Ethereum price and new years.
First: In the last 4 years, the trend of Ethereum has always been reversed with the new year.
Second: The price is moving above an ark, And this ark has changed the price trend from bearish to bullish for 3 times!
The chart is simple and clear!
Bitcoin is repeating his history. As you can see, bitcoin is moving below and above a trend line since its beginning.
Right now the price is below this line and is trying to push up itself. I think We are in the best buy-in range. What is you opinion?
VeChain has had a massive bull run since late October. Since there, VETBTC has generated over 100% profit.
Now the price has approached to the bull trend line.
There will be a good entry zone with low risk.
Trade instruction are shown in the chart, Please follow them.