Looking at the chart, a few big support zones have already been broken. At present we are sitting in the Golden Pocket, Which is around the 23 fibo area. If broken, which i can see happening in short-term, potential further retrace to around the 6k area, which bottom could occur. Then we hit the next parabolic phase into next years halvening and resumed bull...
We have just hit the MA 200 cross on the 1HR and it fell substantially. We are heading right into the fire of the abyss when the daily MA death cross happens. Should be late this week. Buckle up and get your shorts in now. Love you
After watching the market these past few years, one thing I have learned is that you stick to trading the TREND. The trend doesn't lie and usually gives you a clear indication of the next phase in price action and direction. The Oscillator I have has shown that we saw 4 waves up since the start of the run in april, and now we are entering the 4th phase down which...
Recently following interesting pattern development in BTC, it has followed a similar path 3 times before, and now suggeststs that we will see a rejection of the trend, moving downward and following the channel that its been riding. first stop indicated, if that breaks we could see 9k in a few weeks. Still bullish long-term but love to spot some interesting trends! Cheers
Bitcoin has been doing remarkable well the past week, but now we see the confluence of the channel it's in and the resistance it's facing. The algo strategy that's being used is over 92% accurate and it's given a short signal on all time frames. I see some retrace down to the blue line (support channel bottom) and once it breaks out, we should see some significant...
Multiple moving averages and a beautiful Golden Cross to signal very strong bullish movement in the near future. Target is 223 in about 3 week or so.
Look for entry soon, as I see $150 about the lowest it'll go. You heard it here first.
Ride the wave
Quite simple (not really) BTCUSD is about to break out of major resistance levels from July of last year. Once broken heavy support should carry her off to greener pastures. Around 6k in ~28 days/4 weeks. You're welcome.
Stay the Course.
I have been tracking $TRX/BTC for a few months now, due to its fantastic price action and volume. We have been in a downtrend for longer than a month, the market is looking very bullish and Tron is gearing up for a breakout. The charts speak for themselves. Good luck!
We can see a potential double top forming on the H4 Chart for ETH/USD. I have plotted some entry and profit/stop loss points if you want to make some quick $ with technical trading.
Overall Chart Trend: Bullish
Chart Pattern Outlook: Bearish
Expect a small pullback on the lines indicated followed by a larger pattern upward in the long term.
Let me know if you...
Recently been following closely on the BTC chart, and it looks as if bulls are starting to take back control. I see the bottom touch of the triangle a catalyst for a big move up if we break out.
Here are the comparisons between the charts of BTC and the NASDAQ Composite. Over time the charts look eerily similar to starting initial trend and following developments. If you think this is then end for BTC, think again. The future will be televised.
Any additional thoughts, comments let me know! Just speculation. Don't panic, hold onto your butts.
We are approaching the trendline set as the blue triangle, we currently just crossed the green lines on the custom crypto indicator script that usually is pretty accurate at predicting trend changes. This means that if we break out of the blue zone, we should see a substantial move up. It's been trading in neutral territory now for over a week. Should be exciting...
Just a quick update on the 4H chart, I've been watching for the past few days. We have developed a bullish engulfing pattern, and as per analysis should see the trend angle follow up until 6800 by the end of the weekend. Any questions, comments, i'd be glad to hear it. Thanks
Just wanted to share with you guys my new favorite technical analysis charting patterns and why it can be a good indicator of future price fluctuations. On recent charts I like the Ichimoku Cloud indicator, it's a more powerful and complete version of MAs (Moving Averages) or EMAs (Exponential Moving Averages). With this BTC 0.18% chart we see the direction of the...
Just a quick analysis, we can see BTC starting to form a nice upward trend on the 1HR chart. We see resistance at around 6600 if we can break that then its going to be a very nice run up to around the 7500 range. Support is around the bottom line. questions, comments ideas feel free to share!
Just a quick analysis on the 1HR chart we can see a nice trend forming, look to levels around 6600, if we can break that than its game time upwards to around 7500. Resistance is blue line and support is red. Questions, comments insights let me know!