All must obey to nature's law, growth is always in balance, without bull the bears would be nowhere and vice versa. There is a very obvious short coming and it's the top of the Logarithmic channel, this upper resistance line carries a lot of resistance and is an ideal entry for a short. EW is about to finish, indicators (12H) and lower are about to cross slowly to...
Sell 2019-07-17 or 2020-04-15. Have fun trading!
Cryptocurrencies have been a prominent theme around the world and have shown that our current paradigm of how we handle money and wealth can be challenged. Besides all the regulatory issues which only play at national level, blockchains have shown they will live further on their own without any authority being able to compromise them. Huge volatility is a result...
Like gold, silver demand is SO close to a up run! Thank me later.
Physical things that you can hold, are scare and have been used for thousands of years for value storage. With national currencies being unstable and inflationary or based on debt, gold will once again be our good friend. It retraced to 4 of uptrend Elliot wave, which is a normal correction and looking long-term it looks bullish and up for a new larger cycle!...
Will bitcoin walk the path to resurrection or the underworld? Time will tell.
Every line is support and resistance.
My ZECBTC time-target has hit and ZECUSDT looks ready to pump from here too, long-term lower trend line is now current support and ZEC/ETH are what it appears to be a good hedge against falling bitcoin at the moment. ZEC has some good fundamentals too as a privacy coin, have a look, might be an interesting trade.
More like an art experiment, got some good trends in there though.
Chart with time retracements and important (current) resistance lines. Watch, learn and see!
It has been a long time since I wrote a detailed description/write-up on bitcoin (you guys know I don't like long stories), however I want to guide as many people as possible through this market. Our goal here is to stay objective at all times, put your emotions aside and learn to buy when the market looks extremely weak and depressed or sell when it's better to...
Detailed chart with all fibs we need, got many vertical time targets in there as well to learn and understand where trends reverse. Observe, study and learn to use this chart and you will come a long way. No further explanation, those who are passionate enough will figure it out anyways.
Should be retesting blue curve, the prior larger fractal could repeat thus invalidating a cup and handle (handle should be in making now then). If we break blue curve strong odds that we are not making cup and handle for higher levels and the previous fractal repeats. Good luck trading, -TheTrex
Levels, angles, time. Nature's law!
Important levels/trends to watch to watch, we also got time retracements in future. Key levels are, 10000, 11500, 12900, 13450. Bull-trap probably back to 15500-16320 where I would sell again to re-evaluate the current situation.
Logarithmic chart with supporting parabolic slope, when broken major dump.