When talking about S&P 500 as per graph logg we could make conclusion that this was "dead cat bounce.
Daily MACD confirms further bearish momentum.
RSI turning against.
Further fall is imminent to 2400 points.
Important thing to say which is subjective opinion, but previous results add weight to expertise:
* S&P500 suggested retracement at the Ocotber 2015...
Consolidating quite long.
While doing continually deflates altcoins which are in front of an uptrend bearing on mind that "alts" lost more than Bitcoin it self /as always.
Now, judging by all parameters, having on mind that most of traders doesn't even have a clue where this Bitcoin goes and how far it can go and so on.
It's not about them, it's about people...
Welcome to this update on the most accurate Bitcoin Technical analysis on TradingView :)
Hit LIKE to enjoy and profit from the following free trade signal.
Along with fundamentals and indicators we do have very clear situation i would say
(regardless of hair stylists and taxi drivers write 3000$ BTC, 1,700$ Btc and so on.
They don't understand a...
Hit LIKE to enjoy and profit from the following trade signal.
Golem Trade Signal :
Buy in: Up to 0.000022
Next support: 0.000022
Stop loss: Close daily candle below 0.0000248.
Enjoy the profits.
Good luck guys :)
Bitcoin clearly broke 4k resistant line.
My personal view on Bitcoin is that we have reached that bottom (in a manner of 3.824$).
As per equation made and having in mind that so far we had continual rebounds from 20k in a manner of LH each time during the downtrend, there was nothing else to expect than collision.
With a presumption we actually fell from 6550...
Welcome to this update on the most accurate Bitcoin analysis on TradingView :)
This is a follow up on my previous idea regarding further BItcoin deterioration which will happen in the coming days, see previous idea at:
So far, Bitcoin...
Welcome to this update on the most accurate XRP analysis on TradingView :)
This is a follow up on my previous idea, which forecasted an XRP drop of 30% in the coming days, see previous idea at:
So far, XRP has dropped 12% from the...
Welcome to XRP analysis update.
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I will be brief, because there is not to much to add about it as everything happened as on analysis posted on October.5h.
These are some interesting facts :
* Marketcap of XRP during past week was worth 21.2 billion US dollars on...
Ripple showed signs of great bullishness in previous period as starting from 27 cents, made 80cents (which was fib based maximum started from that point).
Mathematicaly justified price of XRP at peak would be 64 cents, nor a cent more. (with presumption of uptrending from 27 cents after long consolidation-January).
However, we had enourmous buys of Ripple these...
Bitcoin is clearly attempting to break through and make new highs and continuosly failing to do it .
Starting from January 13.th, we have obvious downward tendendcy (after making all time high), continualy had lower and lower rebounces like 20.000/11.700/10.000/8500/7400/6800.
With all that said, Bitcoin as failing to breach 6750 in 4 attempts (while making...
Zcash was consolidating for a long time since 10th of February till 1 week ago. That would be more than 100 days consolidation.
Now, after longer consolidation and after regaining 50% in 30 mins time on the 14th of May its was more than clear that Zcash is trying to push up.
Made an uptrend from 0.02
Uptrended from 0.0292 touched 0.0456 mark and retraced, but...
On the very support.
Gained 50% in 2h chart 2 days ago.
MACD 4h/daily crossover in the very front of entire market.
Predominated 12/26 on 1 day chart from January.
Potential is huge and its highly volatile coin.
Gaining 50% of value (2200sats to 3400says) and stayin in " upper chanel" (above 2500 sats, rebouncing and gradually building price).
Falling wedge from January.
When talking about Bitcoin movement, its very important to state that we needed to determinate in which direction market is moving in order to make decision of potential investing or rebuying at the dips.
Breaching 9,9 level was considered breaking of an upper trendline.
When talking about retracement, if Bitcoin breached
8400-8800 level with tendency toward 7850...
PEOPLE TELLING THAT I M WRONG.
95% people here doesnt understand situation on market, we are sinking big time guys.
All seems fine, but how far will they push?
Actually, everything is wrong with this market. since we should have downtrend from level 8000 level toward to 3000.
Instead, we got line of an uptrend 2500$ higher than in normal enviroment.
I will write an opinion adiditonally regarding this situation.
My opinion is that traders are aware of retracement (long expected, prolonged, but inevitable).
No matter how long price is being pushed, it certanly cost money to maintain it.
Traders, someone is waiting for you to " join and participate in rebounce".
Be careful about one thing:
Don't drive this...
Bitcoin had no single correction so far as trying to breach 10500 resistance line, starting "run" from 8800 and forming triple top (maybe quad as well) which is absolutely one of the bearish indicators.
As obviously having problems to handle with 10500$ resistance and pumped 200-300$ over, trying to "leave an impression" of being absolutely bullish by any...