iSadist

iSadist Updated 

Seeing higher highs and even higher lows on bitcoin for the last few weeks. If the pattern plays out the target should be at the base of the pattern, which is around $19 500. It doesn't have to go that low, but I would expect at least $21 000 if the patterns breaks to the downside. This coincides with the merge on Ethereum. Historically we have seen buy the...

iSadist Updated 

Bitcoin is touching the bottom support in the current channel. Will the support hold and push the price up again or will it break and go further down? If the price break the current structure, BTC could suffer more downside correction. Could the price action do a repeat of what happened back in Jan 25th?

iSadist Updated 

Bitcoin has a potential bear flag with a descending triangle on the hourly chart. This is a bearish pattern and could mean lower prices in the short term. Since BTC has been overbought on the daily chart, it wouldn't be a surprise. If it breaks to the downside I would expect support around €8600-€8700, which would line up pretty well with the supporting trend...

iSadist Updated 

If the price can hold the supporting trend lines we might be setting up for another leg up. If, however, the trend lines are broken this pattern will be invalidated.

iSadist Updated 

Bitcoin cash is getting support on the 61.8% fib retracement level. It is also lining up well with the supporting trend line. This could be a great new buying opportunity after the breakout.

iSadist Updated 

A possible bullish reversal for Bitcoin is present now that the downwards wedge has been broken. All is not clear yet though. For confirmation we need to see a few things first. 1. Confirmation on the volume. We need to see larger volume candles. 2. We need to break above the previous high. 3. We need a bullish signal on the MACD. If all goes well we could be...

iSadist Updated 

Another possible bear flag scenario for BCH as it is repeating the same pattern.

iSadist Updated 

Could bitcoin be in this channel now? If so this could be a local bottom. If it's broken we could possibly see lower lows.

iSadist Updated 

Bitcoin cash is breaking a long term trend line while at the same time resting on the EMA 55. If there is a close below the EMA 55 and it continues below the 100 MA we could see price as low as 280.

iSadist Updated 

Litecoin has broken out of its ascending triangle structure and meeting some resistance. Possible fall back to previous support.

iSadist Updated 

Key downward trend broken. Historically, when we have done that before we have rallied. Right now testing 200MA.

iSadist Updated 

Bull flag is breaking upwards. Could this lead to a larger upswing in bitcoin? We also have a larger bullish divergence on the daily, as well as an inverted head and shoulder pattern.

iSadist Updated 

A possible head and shoulders setting up for Bitcoin as it remains in downwards channel. Price target should be around 6100.

iSadist Updated 

A possible reverse head and shoulders pattern could take us up to 7100.

iSadist Updated 

BCH is testing both the 200 day simple moving average and a major downwards trendline. A breakout above those could be a very bullish sign for BCH. BCH has already broken above the 100 day moving average and gotten support from it. Time will tell if the 200 also can turn into support.

iSadist Updated 

BTCEUR on the 15-min chart is looking to forming an ascending triangle which would be a bullish sign.

iSadist

If support holds we could be looking at $15000 - $16000 bitcoin by March or April.

iSadist Updated 

There is a possible reverse head and shoulders forming on the 4 hour chart with a target of €11700. If that doesn’t play out we could see a continuing downtrend in the channel towards €8300.