luckyhelper

luckyhelper Updated 

Acutally, so many outside influences make it difficult to predict which way the price of Bitcoin will go. Bulls and bears keep the price well in a balance and it remains inside a narrow bandwidth with very low volumes. Let us try to see the whole picture. I list here the main fundamentals and present a chart, which shows the partly interfering trends and signals....

luckyhelper Updated 

A new, bigger bullish triangle pattern developed over the last few weeks. We can expect an outbreak on the upper side end of this week or beginning of next week. Until then, only small price moves within the triangle pattern will happen. An outbreak on the upper side will open new targets at 22500 and 24000. However, we shall not forget that the US-government and...

luckyhelper Updated 

This is a chart of the Bitcoin's price in USD of the last two weeks. We can see unusual patterns in it that makes it difficult to predict the direction of the price of the Bitcoin for the next few weeks. While there is enough evidence to forecast a bullish development of the Bitcoin, the bullish forecast did not get confirmed. A triangle is a formation that is...

luckyhelper

In my yesterday's analysis, I already described the Stochastic indicator and the still intact bull-trend. Right now, I read a great trend analysis from Goldbug1 with abundant evidence for a continuation of the bull-trend. I will add one more evidence for a further continuation of the ongoing bull-trend. In the above chart, we can see that the price of BTCUSD is...

luckyhelper

Bitcoin is at the crossroad. It is swinging around 14642 while the Stochastic indicator suggests that the long-term uptrend is still intact. As long as the Stochastic indicator is above the blue dotted trend line, we can assume a bullish scenario for BTCUSD. However, once that blue dotted trendline will be broken to the downside, a very bearish scenario will take...

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Please read about the ongoing Bitcoin massacre here .

luckyhelper

Volume is very low. Most traders spend these days on the beach or in a ski-resort. Only fearful amateurs are left over to control the price of the Bitcoin. What, if panic spreads among these few mostly unexperienced traders? Don't worry. The lower they drive the price of the Bitcoin, the more we have to earn in the beginning of the the new year. I wish you all...

luckyhelper

Keep cool and enjoy the holidays. Merry Christmas and a Happy New Year! luckyhelper

luckyhelper

This is good news for traders. Bitcoin will remain volatile until the end of the year. I remain bullish until the chart hits the upper line, then I turn bearish. Good luck with your trading.

luckyhelper

Ripple / USD is locked inside a triangle. Ripple / USD already hit the upper and lower maring of the triangle four times. I expect the outbreak on the upperside this weekend. RSI and Stochastic are both in a position which will support the next jump to a higher level.