Is this "The September News"?
Honestly the whole dissapointing September drove the price of this token down, and will most likely go down even further.
However, there is a chance of retracement before hitting a lower bottom in price.
I personally picked some up for potential quick profit.
Bitcoin had it's historical run to all time high levels this week, reaching a top price in the $5900s.
However the risk/benefit ratio must be calculated carefully beyond this point.
With the MACD slope decreasing and showing signs of a more beraish reversal, there is a smaller chance of Bitcoin reaching $6000 and beyond.
With almost an equal chance of it...
Many of you are not going to like this. I don't even like what I am seeing.
LTCBTC pair is showing a textbook example of a head and shoulders pattern.
We may currently be seeing a classic pullback into resistance of third fib (green) level, before making a huge dive into the lowest fib level (red) based on the height of the head.
Not entirely sure what would...
Looks like BTCUSD is nearly ready to break resistance past all time high levels.
However the lack of new money coming into the market is stalling the growth of BTCUSD, and only hurting the alt markets.
Many alts are looking like they are about to show long term reversal patterns, while Bitcoin seems to still be on it's way up.
Most likely the demand for...
Taking profits here as most indicators show a slightly bearish future up ahead.
Many alts are in the red today, however since the ICO for red pulse is over there seems to be a dump in NEOBTC back into the BTC market.
Was a good run! For those still holding, best of luck!
We may see a few days of quiet before a much larger spike in price for XRPBTC.
The aniticipated Swell Conference is most likely pushing the price up, but we still have not reached the FOMO phase.
A better entry point may come in the next couple of days, but this all depends on how fact the FOMO hits.
WELL GUESS WHO WAS BEING A LITTLE TOO COCKY AND LOOKING AT 4 HR CHARTS NOW? THIS GUY.
lol I gotta apologize for my hypocricy.
Take a look at the indicated boxed areas. We might see the exact same thing happen again. Target is roughly all time high levels.
There's enough charts about this forecaston the site. I just wanted to join the fun and also give myself...
I don't know what's up with privacy coins like XMRBTC and ZECBTC and their tendancy to spike in price before plummeting back into the ground.
But that's what makes them really exciting assets for quick gains.
Let's see if this scenario plays out.
Target BUY 0.02 BTC, after that Target SELL 0.03 BTC
I'm not sure how much clearer this trend can get. Small retracements might be approaching soon but overall it seems like we're still far from a reversal.
ARK recently fell below support to enter the third fib level which may or may not be the bottom but it's too early to tell.
Pretty textbook example of an altcoin pumped by hype.
Well, not "Bull Trap" in a traditional sense because OMGBTC follows such an unusual pattern.
Short term gains to resistance level at roughly 260k satoshis seems increasingly likely.
Once it retraces and wanders through that 5th fib level for a bit (7-14 days,) we may likely see a continuation of the downward trend until it corrects to third fib level at 140k...
I'm not sure why people bother looking at 4 hr charts for BTC tbh. Maybe I'm missing something?
You have to have some real guts to swing trade and short BTC. And my chart shows (hopefully) exactly why.
There isn't any "correction" that needs to happen because we're already very close to the mean. And yes we are a bit over RSI and Bollinger Bands/ Keltner...