Operationrepulse

Operationrepulse

Dear traders, it appears bitcoin has broken the right shoulder within the inverse head and shoulders pattern that occurred when viewing it from a 1 hr time frame. At first bitcoin broke bullish from its trough on the right shoulder from $10,750 before rising to $13,200. At the $13,200 price level bitcoin was met with some serious resistance sending it down before...

Operationrepulse

Dear traders, looking at the 2 hour chart you can see that bitcoin has been forming a textbook inverse head and shoulders pattern since setting its high on the 26th of June. However its worth noting whilst it is forming an inverse head and shoulders pattern since its break out of the rising wedge it has been setting consistent lower highs during the formation of...

Operationrepulse Updated 

Dear traders, looking at the 30 minute chart we can see that BTC has entered a falling wedge and is attempted to break out of it, at the same time it now has to face a rising support line which in this case will be working against it as resistance. At the time of me writing this bitcoin is currently testing the top of the falling wedge which happens to overlap...

Operationrepulse

Bitcoin seems to be unable to break out of this falling wedge, which has been going on for over a year now. As you can see by the chart I believe in the coming weeks we will test the $3000 Bitcoin support level or potentially the $1700 support level in a extremely bearish scenario leading to a test of the May - July support levels, which would be a major issue for...

Operationrepulse

Dear traders, The 20 EMA is on track to crossover the 50 EMA, if this does happen, which I expect it will by the time it's finished following the right inverse shoulder, I expect it to reach my first target of 4,750 before and then moving onto the target of 5,750, this is because when the 20 EMA has a crossover with the 50 EMA and ends up above it, it's a very...

Operationrepulse

Dear traders, Looking at the graph we can clearly see bitcoin is stuck in a rather dire situation, it is approaching the $3,000 mark and is showing little signs of slowing down, furthermore if it was to break the $3,000 support line it's highly likely it would continue a free fall to the $1,700 range. In the event of this happening pretty much the whole 2017...

Operationrepulse

Dear traders, Bitcoin recently had a golden cross occur with the MACD lines which is a great sign for bullish activity to come from bitcoin , this was swiftly followed by a rally of bitcoin . At the time of me posting this Bitcoin is up over 7% today alone. However if this is a false breakout like the past two times this occurred this year we could easily go...

Operationrepulse Updated 

Dear traders, as you can see bitcoin is getting very close to breakout out of its falling wedge that it's been in over the past 6 months, until this point bitcoin has remained bearish however it looks like we may breakout, if this is the case we could easily test 8800 in the short term however by the end of the year if it starts a bullish uptrend we could...

Operationrepulse

Dear traders, as you can see bitcoin is getting very close to breakout out of its falling wedge that it's been in over the past 6 months, until this point bitcoin has remained bearish however it looks like we may breakout, if this is the case we could easily test 10,000 by the end of the year if it starts a bullish uptrend. Furthermore bitcoin has finally found...

Operationrepulse

Dear traders, just looking at volume you can see the spikes where we went up however as volume does down I believe we'll see a drop back to 6500 and retest it very shortly especially if a sell off starts due to such low volume to deal with a increase in a supply! This is just a rough mock up thus it doesn't look pretty to the eye.

Operationrepulse

Just an idea don't follow please!

Operationrepulse Updated 

Dear traders, Last week was the first time in 2018 we saw bitcoin hit under 6,000. On the 1 day chart here we can see BTC looks like it is still heading down and down despite the odd day or two of upside, we're definitely not showing any signs of breaking this down trend however I do believe we're on a nice uptrend for the short term at least like every other time...

Operationrepulse Updated 

Just a trend I feel that's very possible and how I believe ICON will have a breakout.

Operationrepulse Updated 

Dear traders, It appears we still can't seem to shake this bearish down turn we've been dealing with since January, Despite the falling wedge starting to come closer together looking at the 200,100, 50 EMA of Bitcoin as well as Ichimoku cloud both indicate this bearish pattern isn't likely to end anytime soon. If this trend continues it may be worth seeing if we...

Operationrepulse

Dear traders, Ever since January it's been clear that crypto has been in a decline since it's massive bull run, one of the hardest hit cryptos this year has been Ripple (XRP), it has been in a constant bearish trend like most cryptos however it's gone below 50, 100 and 200 EMA which indicates it could drop a lot further if this trend continues. On top of that the...

Operationrepulse

Dear traders, With the recent bullish mentality surrounding the stock market and everything associated with it such as speculation it seems crazy that this trend will continue, however that isn't to say we're near the top yet. However since the start of 2018 it's been very clear in the behaviour of stocks of late that we're at a very volatile point when a drop...

Operationrepulse Updated 

Just a mock up of what could happen soon if it follows it's seasonality pattern and what would happen if the reverse was to happen. (This is only taking Seasonality into account and not other external factors, please don't use this to make any buying decisions)

Operationrepulse

Just a little idea