We are getting another leg up, and The Upside Breakout Target: $7655 If we break the support now, then the Downside Breakout Target: $7270 - $7200 =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to...
Price Is Now Regressing Towards The Median Price And Will Soon Deflect Away From It Either Upwards Or Downwards Upside Target: $8.4K Downside Target: $6.7K =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the...
Here's my most ambitious projection of Bitcoin's price for the end of the year 2019, and the beginning of the new year 2020. Price has stabilized now, the Falling Wedge and the Bullish Divergence on the RSI is ripe and mature. The accumulation phase might terminate at the end of December then price may start returning to higher highs. ...
Capitulation Level Event (CLE) is upon us. At the brink of a death cross, the 200 EMA is headed for the 20 Monthly EMA. This cross is inevitable. The momentum of a heavy 18 wheeler is strong and hard to stop. This will happen. Capitulation Has Began! Brace for impact! =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should...
Volume deceases with shrinking cyclical and repeating patterns, and soon a big move will happen. =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not be sorry. Wait for confirmation of...
Price is now faced with the resistance from the top border of the falling wedge and breaking this resistance means escaping the falling wedge and more bullishness may ensue. But first, the bull have to re-test the Resistance Zone above it. Getting rejected at the resistance of the falling wedge will more than likely push price down not only back to the 1st...
Current Position: Accumulation Phase Bitcoin Is Faced With Multiple Resistances Above. Price has been kept below the strong red extended resistance line for quite some time now. Price has also been below the 20 EMA as well. First line of business is to re-test the support zone @ $6775. Failure for this support area to hold will bring price down to the...
If the Bulls can manage to break through this heavy resistance they can push the price up to potentially $7620 Failure will bring price down to: Target #1: @ Golden 61.8% Fib Level @ $7041 Target #2: @ 78.6 Fib Level @ $6816 =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here!...
Looking for Step #5 in this familiar fractal. This could well be at the $6.9K to $6.8K. =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price...
Bulls have not shown up to the party, they'll let the bears have their fun first. Downside Breakout Target: The Golden 61.8% Fib Level @ $7,041, then further drop will bring price down to the 78.6% Fib Level @ $6,816 =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own...
Upside Breakout Target: @ the Golden 61.8% Fib Level @ $7597 Downside Breakout Targets: Target #1: @ Golden 61.8% Fib Level @ $7041 Target #2: @ 78.6 Fib Level @ $6816 =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only...
Price must remain above the green extended support line, and must consider going above the 20 EMA for more bullish price action. Bulls will be faced with the Resistance Re-Test Zone #2 @ $7630, if they manage to pierce through Resistance Re-Test Zone #1. Breaking the Support Re-Test Zone may bring price down to the 61.8% Golden Fibonacci Level, and if that...
Price currently consolidating at the bottom support line of the top ascending channel. Will support fail which will let price drop to $7.3K, or will it hold and push price up to $8K? This Rising Wedge has been re-drawn and is still valid. Support Re-Test =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be...
Hitting the 20 Day EMA could start pushing Bitcoin down. Price is well under the 200 Day EMA, and still in Bear Country. If the bull could muster their army tonight, and push up past beyond $8K and have a day green candle close above that price, then that journey to the abyss story may just turn into a moon story although it's still a long way up to the 200 Day...
Upside Target: $8,080 - $8,246 Downside Target: $7,166 @ 61.6 Golden Ratio Fibonacci to $6,850 - $6,673 =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not be sorry. Wait for confirmation...
If this plays out, the target price is $8225 =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your...
Now that price bounced off the 120W EMA, price is headed for the 55WEMA (Blue Rectangle) and possibly the 38.2 Fib Level. Should Bitcoin get rejected at the 55W EMA, it could find support at the 23.6 Fibonacci Level (Green Rectangle). First order of business, get passed the 23.6 Fib Level (Bitcoin could meet resistance...
Price touched the $6775, and could be re-tested very soon to check for support. Retracement can possibly reach the 23.6% Fib Level @ $7664 if the $6775 Level holds up as support. Failure at $6775 means price could reach the 120W EMA ($6666). If this 120W EMA level holds up, price could retrace back up to the 0.236 Fib level at $7664, green rectangle, and the...