We're charting this graph for this week's BTC/USDT, on this graph, we use trendline, pitchfork, and MacD below.
On this graph, Bitcoin has a good start in 2020 as we reach and pump almost 2k from $6673.70 then pump up to $8462 and closed for support level of $8,000 and we're in the stable price, but Bitcoin must reach and break the resistance level...
Throwback after Chinese Xi Jin Ping announcement about using the blockchain technology and some of the countries.The bitcoin starts to pump at 0ct. 25 with the price of 7.5k to the peak of $10,300 or $10,400k. After the short amount of time. There's no good news and big momentum about Bitcoin.
Bitcoin price continuing to fall and reach the lowest price of $6.4k...
short - Lots of news are very bad today. Checking Chart!
Yes and as you can see the BTC volume went down to 131,796,379,921. The target volume by the end of 2019 would be 120 to 125 Billion. That's their target as per traders.
On this graph BTC trying to re-test the 7,6k price up, if he reach the price the next target would be 7.8k. But if he can't reach the said price this will fall again to 7.1k and the support are 6.8k up to 6.5k. In the long run by using PitchFork tools, The Graph shows bearish scenario. Big pitchfork for bearish vs small pitchfork for bullish. 70-30% but we will...
On this graph, we use Elliott Impulse wave (12345) with trendline, Rectangle, Ellipse tools and MacD below.
The graph shows really impressive, some of the TA's said that this will fall under "bearish double bottom" (bottom 1 and 2 positions on B and C waiting for breakout on C) or "inverse head and shoulders" pattern in the long run.
The bottom of A shows $2805...
I've seeing a purely dump or bearish with no possible resistance and support. This Litecoin/LTC will keep continue to dump up to the next support level or maybe the bottom since last year.
We're on B wave right now and the wave C are still on 2020. This is not a prediction but we're based on chart or graph and Please expect the fake bull.
This is just a trap....
We have almost 15% loss about Ethereum price as well the volume on coinmarket cap.
The Ethereum is having difficulties to find the new resistance. The support is still missing and keep lossing.
Is this the bottom of the Ethereum or this gonna be fall? A red weak for this week.
Last year Ethereum reach the bottom of $88 - $100. Now the price is $140-150.
BTC/USDT 1 week chart
As per the chart, we're waiting for the trendline to hit the breakout.
I put apex on Ellipse tool if ever reach the LOWER price would be $8,800.
support trendline on the redline below. if that would be break it will continue to go below $7.7k but that's not easy.
waiting to reach $8,8k the potential would be 17% if the target...
Fractals are indicators on candlestick charts that identify reversal points in the market. Traders often use fractals to get an idea about the direction in which the price will develop. A fractal will form when a particular price pattern happens on a chart.