HijackedT

HijackedT

Upward trend since March broken, C.Consolidation to follow A.Consolidation. Breakdown expected from C. Down to D. which follow B.Consolidation before making another attempt at the New Resistance Level. Buy Zone for BTC at $9200

HijackedT

Bitcoin 1W chart showing end of downward trend and stability MACD about to have bullish crossover again RSI getting close to oversold

HijackedT

Litecoin 1 Week Chart Litecoin currently oversold on RSI. MACD getting closer and closer to bullish crossover. Watch for LTC to follow BTC run with even higher gain potential.

HijackedT

Bitcoin 1 Week Chart First Bullish MACD cross since the start of the bull run last year in October, RSI is also bullish. Bollinger bands squeezing showing low volatility, current price action settling midway between the bands which will allow for a lot of upward potential. Low volatility is also a sign of strength in the current price range. Triple bottom...

HijackedT

All indicators pointing towards BTC being oversold. Expecting a bounce up to the purple trend line about $6000usd to $8000usd. Expecting top alts like LTC and XRP to follow.

HijackedT Updated 

Bitcoin has made a breakout of the major resistance level in red. BTC is now heading towards the neckline of a large inverse head and shoulders pattern. The profit target is calculated by measuring the distance between the top of the head and the neckline of the inverse h&s. To confirm this breakout there must be a close above the neckline of the invest h&s...

HijackedT

Bitcoin overlay in green, notice how closely XRP follows BTC. MACD in bullish crossover and RSI is only midrange. Expect a huge breakout of major resistance line in purple. Read my related article on the current BTC breakout and educational chart on XRP. Here I further explain the current market conditions and potential profits of XRP.

HijackedT

Looking for Bitcoin to drop at the overhead resistance in red. Will find support on the top of the downward trend line in green however the most support will be the bottom line in purple. For now I see a failed breakout of the overhead resistance in red and a fall to the downward trend line in green. Long term BTC is looking up as there is a large active inverse...

HijackedT

Yesterday XRP flash crashed from $0.87 to $0.49. According to cryptovest. com this was a single trader that placed a large order which caused this crash. This just goes to show how much a single person or group can manipulate the market. The one thing that this crash did show us however is that straight away XRP was pushed right back up to almost $0.80 before...

HijackedT

MACD still has a bearish crossover looking for a short term reversal at the bottom of the MACD support line in blue. Volume decreasing and RSI moving back up slightly to ready for the next downwards movement. Bitcoin to fall to the top of the support line in green.

HijackedT Updated 

Over the past few weeks Bitcoin has had a very nice run after bouncing along the bottom support line in purple. On the chart I have drawn 3 blue arrows to show similar runs that we have had this year so far. The other two times the market has been coming back up it has fallen down. I don't see the market going back to bullish until the neckline of the inverse head...

HijackedT

After the huge pump Bitcoin received yesterday some consolidation will need to happen over the next few days. Volume has died off and BTC is falling back below the month long downward trend line. RSI is over bought and the MACD will need to reset again before BTC is able to breakthrough the downward trend line. There will be a bounce within the MACD at the top of...

HijackedT

Bitcoin has now bounced 3 times in the $6000 to $6500 area each time creating a higher low. This area is now a confirmed support level. The inverse head and shoulders pattern is still valid as the price has not fallen below the head. This pattern is bullish and if the neckline is reached again there will be a huge breakout. BTC is looking to close above the...

HijackedT

Bitcoin needed some consolidation after its huge run over November and December. This consolidation that is currently happening is creating huge support for BTC in the future. Now the question is when will this stop. Looking at the chart BTC did complete a bullish inverse head and shoulders pattern. After completion the price has been falling however not enough to...

HijackedT

Over the past few months we have seen how the market is heavily impacted by Bitcoins success or failure. Bitcoin has been going down and so have the alts. XRP is a top 3 coin that has taken a huge hit and dropped downwards almost 5 times in price. A lot of hope in XRP has been lost as many people including myself have been caught up in this. Although XRP has had...

HijackedT

On the 5th of march a inverse head and shoulders pattern was completed on the 4hr Bitcoin chart. Upon completion BTC has had a downward trend that has not yet invalidated the pattern. The inverse head and shoulders only becomes invalid if BTC goes below the top of the head. This shouldn't happen as there will be a large volume of buys just before the $6000 level...

HijackedT Updated 

Bitcoin currently moving downward looking for a strong volume of buys just before the $6000 level. This would allow for the inverse head and shoulders to still be valid and for a double bottom reversal to be formed. Both of these patterns are bullish and combined with a soon oversold RSI and bullish crossover of the MACD near the upward trend line there is going...

HijackedT

Bear flag formed expect to see Bitcoin to fall lower. RSI should return back down to oversold ready for a huge pump. MACD about to go back to the upward trend line and reverse. Inverse head and shoulders combined with double bottom reversal Bitcoin could see a pump straight into the $14,400 area. Resistance will be found however at the top of the downward channel...