I am by no means a financial advisor this is only what I think based off my observation with what I see. I believe using these indacators that bitcoin will either 1. hold support at $3000.00 by august 9, 2019 in which it will either go through an accumulation phase 2. Fall below $3000.00 by august 9, 2019 in which we can expect it to find support on one of the...
I think this because as you can see on my chart the fib retracement. along with If i doesn't hold support at $3000.00 where it could possible hold support.
I'm by no means a financial advisor. From what I think off what's in my minds eye, TRX will reach it's bottom sometime between the months of March and April 2020 Next year. There will hopefully be times to buy back in and make some money on the way down...Now is Not the time. Shorting is strongly advised.
I love looking at charts and using indicators to kind of confirm what I'm saying.
Looking at the Simple moving averages and the RSI along with the MACD is all i'm going off along with know which Phase the market is in.
Bitcoin I feel is not going any where it's only going through the phases all markets go through. Just like the years that are full of 4 seasons, spring, summer, fall, and winter cycles. All markets including crypto market and bitcoin and alt coins move in cycles from what I have learned from my research although I am not a financial adviser based on my own...
The spinning top is my verification that bitcoin is ranging or consolidating but will be down that low by Feb 12, 2018!!!! Just my prediction..Time will tell in 4 days. Trade on!!!
First and foremost i am a visual artist. I have an eye for detail; it seems i can see things in charts nobody that has a strong TA training or lack of can see. I drew my lines on and triangle on this chart way before the prices moved the way they moved. I have a basic understanding of TA. My artist eye is with me even in the applying of my lines to help you...
Bitcoin has reached the target price I thought it would in the previous graph I made. So now I'm expecting it to hit the $5,000k range.
If you would just look at the bearish trend that consist of my blue and red lines along with artist symmetry. The white line I put only to show the swing Highs & Lows within the Bearish trend. Once it reachs close to the end of the triangle going further down and to the right; it creates a break out.. either up or down.. I predict up. I'm putting all my money...
Based of the charts and the shapes I see with my artist eye as a visual artist. Along with the candle sticks and indicators. I was able to base my prediction off this.
I'M ONLY LOOKING AT THE CHARTS.
I'm going off the candles along with the indicators which confirms to me that its not done swinging low or going through its down trend.