altcoint

altcoint

Looking at the 12h and 6h, among other time frames, each frame reveals a pretty obvious head and shoulder formation, which BTC has respected awell lately. If the pattern plays out the right shoulder will call for a significant drop in the price thus I have entered a short position at $7450 and expecting a drop to below $7000 with a target of $6800

altcoint

Candle Patters plays a pivotal role in TA. However, it is often overlooked. Candle patterns gave us a clear signal before the recent dump occurred and it is now showing us the following: 2-hammer shaped candle s on the 4-hour chart shows that the Bears are exhausted and a market reversal is imminent. As I mentioned yesterday the 7.5k zon e is an extremely...

altcoint

Candle Stick patterns plays an pivotal part in Technical Analysis yet it is often overlooked. As I mentioned yesterday 7.5k will be an extremely important psychological zone. The Bears were unable to break & close 7.5k. The two hammer shaped candles on the 4hour chart tells me we are in for a market reversal and Ive opened a long on 7.6k basically making a bet...

altcoint

A Theory: Bounce from 8.2k'ish towards 8.4k it has then double top'ed and confirmed a correction over weekly interval.