ok now we go to 9800 but we have to major reistance at this level : first : horizontal blue line , was suport and resistance many time (red arrow) second : long term bullish channel , we try to go back into it ... so be careful don't buy now you can short but i don't because to risky ,very bullish market... just wait :) like if you apreciate ; thanks :)=
ok i will try to explain with my bad english if you speak french go to the french part for better understanding :) so a lot of good trader think the bear is not over because we didnt made a bottom lower than the bottom of the 6 february. My theory in two point : first : exceptional circumstance mtgox sell lot of btc big fud with lot of bad news >>>the price...
buy : 8900 risk/reward ratio : 1.47 (first target) 4.4 (second target) first target : 9200 first target gain : 3.43 % final target : 9800 final target gain : 10 % like if you apreciate ,thanks :)=
First Target : 7800 Final Target : 7500 stop : 9159 risk reward ratio : 4 first target gain : 10 % final target gain : 15% like if you apreciate ; thanks :)=
TARGET >>> 9200 like if you apreciate , thanks :)=
we juste break triangle and 20 ma , so we could go down... first target : 8500/8600 second target : 8200/8300 like if you apreciate , thanks :)=
ok lets have a look to the candle every time price go down , so today we have to close under 8024 to go down for a corection, if we dont and i think we dont , we will continue to go up . first target : around 8600/8800 second target : around 9000/9200 final target : 11500 like if you apreciate , thanks :)=
Maybe in the next days we will see an inverse head and shoulder , so : buy target : 7800/8200 sell target : 11 200 possibility to take profit : 9000/9200/9600/9800/10 000 like if you apreciate , thanks :)=
you have to be really careful if you want to buy bitcoin 5.69% or alt coin because we are just under 3 big resistance , on the chart , RSI and stochastic rsi ... so it s not a good time to buy. just wait we go above the downtrend resistance around 8600 and we retest it so ,it become a support or wait corection if price dont succed to pass this resistance... like...
ok for those who like to compare 2014 and 2018 i did for you the end of the crash with the same % up and down move and the good time scale... so the final target is around 3300/3500 (at the end of june) and you will have two time to buy it , because of double bottom... Just be carefull and remember for now 2014 and 2018 are very similar but they could be ...
ok probably we could have a third double top in formation , so if it finish, the target will be around 6000/6300. like if you apreciate , thanks :)=
now we try to break 50 ma (around 8300) , but in the next few hours or days BTC will hit the bear trendline (log chart) ; it will be a critical point (8800/9000) and i see 4 scenario : 1 : very bullish : break the resistance and go up >>12000 >>20 000 >> The MOOn 2: bullish : don't break the resistance litlle retracement >> 7800/8200 >>9000 >>>12000>>>20 000>>...
ok last time i told you the third double top maybe the last but aparently it was not because an other seems to be forming. First target : 6000/6200 then we have to posibility : after 6000 double bottom >> bull run coming after 6000 fake double bottom >>up to 6800 maybe 7200 or 7500 and fall to 5000 then bull run i don't think we can go under 5000/4800 but...
ok as you can see market will have to chose where to break the two triangle. if a real break to the top happen >> Bull run begin, target >> The MOOn (12000 >>14000>>22000) if a real break to the down happen >> Bear ,target >>>To the Floor ( 7500 >>7200>>6800>>6000>> 5000 ?) like if you apreciate , thanks :)=
ok like you can see 3 double top have been formed all along the bear run , but you can also notice that they are smaller and smaller , and target higher and higher ( 6000 / 7200 / 7500 ) .. so does it mean the end of Bear market after the third double top ? I will tell you what i think in my next graphic : To the MOOn !! part 4 , Critical point !!! like if you...
maybe a Double Top is forming : first target >>>around 8400 final target >>> around 7800 like if you apreciate , thanks :)=
Fear Uncertainty and Doubt.. we have to share some Hope :) so that is for you !!! I see two Bull Flag !! The little one : Target >>>14 000 The Big One : Target >>> The MOOn !!! (22 000) please like if you appreciate :)=