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This is my TA for the next bitcoin moves. If the price action matched my pattern, then i will post what will happen next ,, Actually i have the following pattern already, but i want to confirm first if the first part of it march. Please follow and like to post more ideas.
The pattern is taken from march/april 2018, the price is being following this pattern for 20 days now. looks like it will continue doing so
I am starting Bitcoin trading analysis. Follow me , be the first to notice how reliable are my predictions.
check this also .. bears struggled to let the pulls let go the price below the channel , then it drops like a rock till 6k...(check my other post today of the new one)
What do you think guys? (to mimic the chart, the bitchfork starts from 25th aug where the uptrend started. note that i made this fork a month back, and perfectly got a bounce)
my view of the current situation, resistance levels are : - the upper yellow trend line resistance (will be weaker after 3 days) - the Ichimoku cloud resistance (it is a small open gap after 3 days) - the two main moving averages ... the blue one need strong bulls to penetrate. otherwise ... going downward (the chart is 4h view)
the SMA 180 (on 4h chart) has been a good indicator for BTC. the recent deep pull has taken the price below the 180 , which has happened in 2017 couple of time, after which the price recover quickly and went to ATH. the SMA 180 and EMA 90 are very close... check what happen in the past and let me know what do you think?
it is the green line. it has stopped declining even through the price kept declining for the last 2 days . maybe a good sign for reversal.