bitcoinwizard1

bitcoinwizard1

Rising wedge with bearish divergence in 1 hour and 4 hour time frame, also overbought in all time frames. first target 6300 then 5600

bitcoinwizard1 Updated 

This is short term analysis (next 7 days) that says price will come back above 7.2 K at least, but mid and long term looks bearish (4h candle sitck) Here is some of the theory: The logic for ascending bottoms amid descending peaks is rooted in the concept of the Composite operator. Within a trading range the composite man is seen to accumulate a line of stock...

bitcoinwizard1

Based on parabolic advance analysis these targets could be reach in the following 5 years approx

bitcoinwizard1 Updated 

Based on 2014 chart, BTC seems to be repeating same movement, indicators look the same i marked were we are right now with red circles. we are about to have a rebound on 50 day moving average just like in 2014 that is aprox 5500-5800 then bounce back up to 11.800.. this are weekle candles so i might take a while wont be inmediately, the estimate it time frame and...

bitcoinwizard1

Looks like its forming a new bearish flag, target main uptrend support 6400-5900

bitcoinwizard1

Possible bearish flag formation, we could go up to 10.400 before 7 k level, when we break the uptrend channel of the flag next target 7.2-7.8 (length of the pole)

bitcoinwizard1 Updated 

Theory of this BAT pattern fits perfectly on Bitcoin 1 Hour chart. Don't get loss in time, pattern will take up to 5 days to complete. In this correction will be more profitable buy alt coins than bitcoin, they are goin to be more affected by this drop and they are already in important suport zone on the BTC market. So they will recover faster

bitcoinwizard1 Updated 

BUY 9700 to 9900 sell 10.500 .10800 aprox.. time for this trade Aprox 20 to 30 hours to complete

bitcoinwizard1

simple and clear, elliot wave theory, now going to C then new impulse wave of a bigger time frame chart (1day) straight to resistance to get out of this correction

bitcoinwizard1

This is one posible scenario for BTC, I will publish another one.. If we get a good bounce from 7800 -8200$ level, we could asume that wave 3 is starting and it will get a break out of the dowtrend channel. End of correction, But if 7800 Support Breaks down, then we could hit 5.000-6.000$ again, to do a double bottom.. but this is less likely, feel more...

bitcoinwizard1

Forming Bearish divergence, Retracement will come soon.

bitcoinwizard1

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bitcoinwizard1

Bullish divergence in MACD RSI and stochastics, hitting the oversold zone

bitcoinwizard1

If it breaks down, our next buying zone is between $444 and $451 on the next 24 h, Sell target $499-$519-$549

bitcoinwizard1

Zec is formin bullish divergence (green lines), RSI and stocs are in the oversold zone, buying zone is about 0.041-0.043 main Target 0.053 ( 45 min CS chart)

bitcoinwizard1

Waiting for a reversal to $1.04 -$1.07 current suport zone of the uptrend channel, target $1.40 -$1.5 breakout within next 24 H

bitcoinwizard1

Posibble Inverse Head and Shoulders Bullish Pattern Under formation, The chart is on 6 hours Candle, If retrace from $1365 resistance to a $1000 suport level and is able to bounce back up, that would be good entrance point for long position, with main target at $1800 if it breaks 1000$ trade not active

bitcoinwizard1 Updated 

Bitcoin 1.08% still in bearish mode, but we are experience little run caused by a bullish divergence and double bottom formation at 10 k level, that could have 3 possible reversal points, I marked them with 3 circles, first point is a $ 12.200, 2nd and most likely to occur in my opinion would be at $12.800 3rd one would be $14.200. Chart is at 1day candlestick and...