Using Fibonacci retracement. There is a possibility of QNT going up 90% by the 9th of August, AS LONG AS bitcoin lateralizes or continues to grow
Result obtained using downtrend and uptrend channel; breakout with re-test; Fibonacci retracement
Analyzing BTC using Fibonacci retracement, uptrend channel and 4-year BTC cycle ending in December
After BTC hit $41k, BTC entered a downtrend channel . There is still a good chance that Support 1 or Support 2 will cause the BTC value to grow again and cancel this downtrend in the next few days. If that happens, BTC will try for the second time to break through the $41k resistance
SECOND POSSIBILITY I just want to document the possibility of the CYPHER pattern. I'm considering the $41k resistance and that during a bullish trend, the BTC value takes a long time to rise and falls quickly.
I just want to document the possibility of the CYPHER pattern. I'm considering the $41k resistance and that during a bullish trend, the BTC value takes time to grow and only
Just following the bullish pattern... calm down Blue line = uptrend line Probably BTC drops again as soon as it hits resistance close to 41k dollars
RESISTANCE = In the graph above I consider 3 important lines: - The 50% gray channel line (marked with red dotted lines in the graph) - The 0.5 Fibonacci Retracement line with the base marked at the beginning of the high in December 2020 (marked with red dotted lines on the chart) - At this 5-day high, I create a Fibonacci Retracement and the last line is marked...
Using fibonacci retraction. First scheduled high for $0.28. It's time to buy our ticket :)
RESISTANCE = In the graph above I consider 3 important lines: - The 50% gray channel line (marked with red dotted lines in the graph) - The 0.5 Fibonacci Retracement line with the base marked at the beginning of the high in December 2020 (marked with red dotted lines on the chart) - At this 5-day high, I create a Fibonacci Retracement and the last line is marked...
RESISTANCE = In the graph above I consider 3 important lines: - The 50% gray channel line (marked with red dotted lines in the graph) - The 0.5 Fibonacci Retracement line with the base marked at the beginning of the high in December 2020 (marked with red dotted lines on the chart) - At this 5-day high, I create a Fibonacci Retracement and the last line is marked...
RESISTANCE = In the graph above I consider 3 important lines: - The 50% gray channel line (marked with red dotted lines in the graph) - The 0.5 Fibonacci Retracement line with the base marked at the beginning of the high in December 2020 (marked with red dotted lines on the chart) - At this 5-day high, I create a Fibonacci Retracement and the last line is marked...
BTC is completely unstable these last days and therefore it is difficult to predict the next moves. Using this demonstrated pattern there is a possible chance that BTC will break the current rectangle in the next 10 hours and rally towards the last line of the Fibonacci Retracement. BTC may hold at the value of 0.5 Fibonacci retracement for a few days until it...
I want to represent a possibility of forming a couple and handle pattern
Using: - Bullish Flag ; - Fib retracement; - The fact that every end of month, BTC rises on average 20%; - Considering the implementation of EIP 1559 - Ethereum on August 4th.
Combination of H&S (since January) and inverted Cup and Handle . BTC with very high risk of falling in the next few days.
The EIP 1559 implementation date (August 4th) was recently announced. This will be the first major update to the Blockchain network in years. This update aims to lower transaction fees (less money going to miners) and increase transaction speed. There is the possibility of a speculative move before the 4th of August, causing ETH to rise regardless of the price of...