Hi guys: XRPBTC made a big spike of 0.00011750 on 21 sep, it seems to be unrealistic to take it for any harmonic pattern therefore I took the point for A leg where we have maximum touches, now it seems likely to make a cypher. The B leg is dropped not more than 0.618 fib retracement of X to A leg and going to draw C leg which is expected upto 127.2% to 141.4% fib...
After a massive breakout first drop shows possibly formation of Gartely insha Allah, but if it will be dropped more than the sell zone defined on the chart before touching atleast 1st target 0.000237 then it will be invalidated. Best of luck, Atif Akbar (Moon333)
After giving 58 percent proftit from 7 nov to 14 nov the QKC is facing a strong resistance at 0.00000960, much chances of drop from here. Sofar it is following the CRAB harmonic pattern so if it will start falling from here then a strong sell off atleast till 0.00000107 is expected. I would suggest to short the QKC from this position and take a long position...
The price action of NEOBTC is in a falling wedge since 30 aug, now the RSI and stochastic are in oversold condition. I took the fixed range of volume profile of almost complete wedge's priceline and it is showing that the trader's interest is weakening at the support and on resistance or even above the resistance interest of trader is strong which is giving signal...
Since 17 aug the XEMBTC was in a pennant now on 12 nov the price action has broken the resistance of pennant with powerfull volume after making double bottom within the pennant, now the price line is still above the pennant's resistance even after the fib retracement showing a bullish move it has created a first bull flag, here I have placed a pitch fork the price...
On weekly chart since April 2018 the IOTBTC is falling, according to bitfinex stats the loss is almost 80 percent. Now the priceline has almost touched the bottom of a Gartley pattern which is made by the movement of price action of the coin, the RSI and stochastic are oversold. Now there are much chances of huge breakout from the long position area. The volume...
The price action has followed a bullish crab now the RSI is moving up after exhaustion, The price might move up from here. The targets are set as per current priceline but if the price drops more then new targets should be set according to Fibonacci retracement according to new price action. Best of luck and Regards, Atif Akbar (Moon333)
ETCBTC has put the hodlers on long wait, the price action is moving in a falling wedge for almost 66 days but in the meanwhile it is giving very easy profits with every stochastic RSI ups and downs sofar calculated almost 29 percent this profit is apart from the upcoming profit which will be generated with a massive breakout as almost every falling wedge endsup...
GVT is now likely to form Gartley rather than cypher due to massive sell of, the new buying and sell zones are defined plz ignore the previous post.
After a great bull run the GVTBTC was falling for last 18 days but now there are some fluctuations are noticed in bearish trend specially on 8th and 9 nov which shows that the coin might move in this area sideways or there will be bullish divergence soon insha Allah, if the price action will move sideways then it might follow the cypher coz sofar it is dropped not...
Since 10 Aug to 9 oct the priceline was formatting a CUP AND HANDLE pattern at this time the candles are in handle position, from here ZRXBTC is likely to format a cypher pattern coz the price action is not dropped more than 0.618 of X to A leg after making high on 17 oct. A golden cross of 50 and 100MA is already witnessed on 6 Nov which can give more lift to...
The RVN is following bullish BAT sofar insha Allah but if the priceline will be dropped more than buying zone before touching 0.0000072 then the BAT will be invalidated so keep an eye on the priceline if it will start moving up then enter in trade. Best of luch and regards, Atif Akbar (Moon333)
Bitcoin is looking oversold after a drop to 13 month lows in a matter of hours reaching its lowest level since Oct 18, The average price across major exchanges Bitcoin fell 10 percent on average this is the biggest single day drop since march 30, the RSI of 1 to 2 days charts is oversold but still has cushion to move down in weekly chart in weekly chart the BTC is...
Since 17 aug the priceline of MANABTC was moving in a pennant and made 12 unsuccessful attempts to break the resistance, at last on 8th Nov the price action broke the resistance with powerful buying volume, the total volume on 7th nov was $4058900 but on 8th nov $8636000 more added and the total volume witnessed on 8th nov $12694900 as per data...
The SCBTC is almost at finishing of gartley and entering in buying zone insha Allah, the buying zone and targets are mentioned on chart. Best of luck and regards, Atif Akbar (Moon333)
Hi guys: On broader view weekly chart the BTC is likely to follow the Gartley pattern soon, the price line dropped between 0.618 to 0.786 fibonacci retracement of X to A legs defined by famous pattern recognition tool the zigzag this is the 1st formation required for gartley, now there are chances that the candles would move here sideways or move up soon. If the...
On broader view weekly chart the BTC is likely to follow the Gartley pattern soon, the price line dropped between 0.618 to Fibonacci retracement of X to A legs defined by famous pattern recognition tool the zigzag this is the 1st formation required for gartley , now there are chances that the candles would move here sideways or move up soon. If the price moves up...
BTC has cleared the resistance at the trendline drawn between the July 24 and Sep 4 highs as shown in my sep 18 post ("BTCUSD daily chart July to sep 18 in Pannent"), now the priceline went out of the triangle leaving it directionless in a narrow range. Now the BTC is entered in another pennant from sep 4 to oct 15 highs, however BTC is showing resilience by...