sertacguven

sertacguven

Dear friends, a lot of Elliot Chartists are pointing out that the final ABC correction wave's C leg requires BTC to land around $7800 area. The chart on the left is BTC hourly price action after the November 2017 ATH (4100) before the December 2017 new ATH. The chart on the right is the BTC daily price action now. Notice the confluence of the oscillator movement...

sertacguven

You can clearly see this line starting from October 2016 (yes, 2016) playing support and resistance throughout BTC's journey to peak in Dec 2017. This line, together with the resistance that has not been broken since December 2017, formed voltran together at 8400 and pushed the price back into the triangle. We can expect a gradual decline down to 6800 levels,...

sertacguven

Orange lines represent volume profile high density areas which attract price and act as support resistance. Cyan lines represent important fibonacci points Purple area shows low volume areas which the price doesnt want to go into, but once in it, quickly moves below/above it. Current analysis shows 6600 and 7200 areas remain strong resistance/support areas....

sertacguven

Fibonacci and Volume Profile lines have been valid for the past two months and the price has maintained a zigzag movement within 8000ish - 9000ish range. I expect this to continue until the triangle formed by the long term trend lines will squeeze and cause a breakout in the price.

sertacguven

COINBASE:BTCUSD Death crosses, "omg price going to $2800" analyses from people doing this for a living.. I see a different picture at the volume profile and fibonacci support / resistance analysis. The price has been fluctuating for the past month between 9050 - 7750 range. At these two price points there is a confluence of very strong support and resistance...

sertacguven

BTCEUR is in a volatile low volume node since 9 March, here it keeps bouncing off the All Time High Point of Control / (recent) Bottom Point of Control and the (recent) Bottom Value Area Low / LVN border. This price action may continue in this area until the market rejects the low volume node presence (which it usually dislikes) If the price action decides to...