pedro.guarita

pedro.guarita

Hey everyone, so much has been said and re-said and told and discussed around BTC and next moves, i am just going to put in my 2 cents as well. Even though lots of people talk of BTC having a behaviour difficult to predict, looking at the charts, i see it following a normal pattern that in this case even seems to repeating with slight nuances. The big drop to 6K...

pedro.guarita

Good morning all, this is my take on BTC as it stands today and why i am seeing it go to 6.4K. It's not any pessimistic analysis, it's just what i see in patterns and numbers, pure analysis. Looking at the 1D chart and doing a Fib retracement we can see that it jumps from level to level. It came from the last 6,4K at .786 and bounced there, did a double top at...

pedro.guarita

Doing a trendline on the 1D chart and then using a higher time frame, we see we are hovering just under what was the support line around 0.83. We have a reversal on MACD along with RSI and CCI in territory with some room to grow, i think 0.82 will be retested. Also we had a double bottom as well which offer us a nice support line around 0.74. Always do your...

pedro.guarita

First idea, hope i am reading it right. It seems XRP is going to test the 1.13/1.14 again soon, MACD is showing uptrend again reversed at the right point. Think another attempt at the Resistance point of 1.14 is going to be tested in the next minutes.