AboveI have provided a chart of a potential senario that could unfold if market were to have a reversal to previous levels. Obviously the chart above represent the theory of mr.gann pump back to the 50% level in 50% of the time of the downtracement. Now there is obviously extreme resistance at the roughly 30$ range. Nontheless i thought i would post this and just...
Below, I have posted my technical analysis. With the help of several quantifiable indicators (momentum, regression, volume) I have determined that the price is likely to go higher. As the bitcoin prices has finally broken out of the ~6month downtrend, it looks like the bullish momentum will continue. The price is currently trading at the lower STDV log band where...
Howdy Fartners,
Just me again the cryptofou, coming at ya with a yet another little technical analysis. As you can see, the BTC price has been forming a downward trending pattern for the last 6 months in the LN linear regression band (2STDV+/-). The Bitcoin price has experienced heavy resistance around the 8400-8200 level, I strongly believe that the price will...
Hello, fellas.
To summarize, above is a little TA that shows potential a bullish scenario forming . As show in the chart above , I believe that it is likely bitcoin will see a slight retracement to the 9250-9280 range as bitcoin will attempt to regain momentum , forming and w pattern which will in turn lead to the break out above the resistance of...
Yellow Yall, Once again I have returned with another little short term TA. AS show in the chart below you could see that Bitcoin has been trending between the blue channel for the past lil while with prices ranging from which ranges from (9100-9500). Bitcoins price is currently trading above its short term resistance of 9260. AS show by the indicator ( bullish...
Upon my TA I believe that the price will retrace once more to the long term trend line( yellow line ) to approximately 9230-9250. The price will then follow the w pattern forming another longterm price trend where it will reach initial resistance around 9400 and major resistance around the 9600-9700 .
