According to RSI and MACD , the bearish trend had been confirmed and we can expect at least 5 % of bear market in following days ( 2-3 days ) and if it couldn't resist on its swing it will decrease more maybe more than I mentioned in the Analysis .
Ichimoku gives us serious bearish signals which remembers that we cant long any coin in these moments and its too...
According to BITCOIN history and the following Data we can admit that we have started a long-term Downtrend from 2017 December.
Given the first law of the classical TA (history is always repeated), we can imagine the following chart, which clearly confirms this.
JUST like Always , it's just a vision AGAIN .
TO way.... no way for running.
BTC will try to break Resistance and go for a bull run and complete ideal ABCD pattern or it will decrease to 6800( I think it could go 6200 either) and reach 9200-9300 $ in less than 3 week :) . see what if happen
HAVE a good and HUGE profit
We now have Elliott's correction waves, which we are on B correction wave.
According to the pitchfork , we are now on upper middle channel(channel 3- beginning of it) if we break channel three which have really power full resistance there( that level 3 pitchfork could be a power full trend line and exactly between level 3 and 4 that little box is power full...
1- According to Elliot wave counting , support and resistance lines and fibo retracement and expansion we can count 5 wave Elliot just as I did in Eth chart.
2-Ichimoku lines start giving bearish signals , not quite bearish but give confirmation that we can imagine the specified trend that I show it(ABCDE).
Senkou A and B(lead 1 and 2) start crossing each other to...
Hey guys, ETH had a really really good news from CNN and Yahoo financial about SEC Director.
1- According to that good new we had a high volume entrance which lift up the price from 460$ to 510$ and now Ichimoku gives us bullish alert.
2- Tenkan and Kijun sen cross each other and they both are going up …….
3- Senkou span A and B are making green cloud and they are...
Ops another bearish candles which worth 500$-700%.
So let's get to the chart:
1-As its clear all Ichimoku indicator line's show the bearish market( I mean really bad bearish ).But we know bitcoin 6800$ and 6500$ are really strong support and resistance lines.
so if it( support lines) resist we will see some Fluctuations and then we may have a really good...
Let's get to the chart,
As it's clear if we agree with this vision that BTC in weekly time Frame can complete triangle(which is somehow ideal) we can imagine these to possible trends and prices in the future :
1-If we don't have parabolic movements just like 2017 last months according to the triangles rule, after completing the diversions and fluctuations in...
According to the analysis
1- Tenkan-Sen has broken the Kijun-Sen from above.(It shows bearish market in near future)
2-Senkou Span A and B are both Flat and Senkou Span A is changing its trends to downwards which is a signal (not very powerful)to see bearish candles for a while :).
3-Chikou(Lagging line) is below the candles which also show bearish trends...