Bitcoin's shoXBTwing some nice momentum flying upwards. price will slow down around the Kumo cloud range, EMA's are ready to swing up as well.
------------------------BITCOIN PRICE WILL RISE-----------------
First of all who in the world would have ever thought that approving a Winklevoss ETF was ever a good idea. there is still other ETF's waiting to be approved such as CBOE and others.
TA: stand point, as you can see we are still in a trend respecting support levels also on the ichimoku coud we can see support. don't be surprised to see a bounce from this.
STRONG DOUBLE BOTTOM WITH CONFIRMATIONS
-RSI DOUBLE BOTTOM CONFIRMATION MARKET TESTING UNDER 30 LEVELS 2ND TEST IS BOUNCING ABOVE 30 LEVELS
CONFIRMING A BULL UPWARD TREND.
-Resistance is becoming weaker.
-Strong double bottom on 4H TF
-VOLUMES AT 4 MILLION 24HMFT
READY TO RETEST MARKED RESISTANCE LEVELS.
TAKE PROFIT WISELY.
Bitcoin's forming an ascending wedge pattern formation with the peak breaking at 6500 range.
i measured the swing high to swing low using the fib extension tool. also measured resistance and support and it all seems to match. it this magic? no it's math.
spotted a strong double bottom reversal on a day pattern.
all smaller EMA'S are u under the main 55 ready for a nice swing up.
buy around highlighted area at bottom, sell at top of highlighted part. this is a nice 1-2 week hold.
NOT FINANCIAL ADVICE.
after a long descending wedge the downtrend has finally ended once the price broke support on the wedge.
starting a new cycle, i see it CANN on its 3rd wave up reaching up to over 150% gains for the next 2-3 weeks.
volumes low as well, this coin has been known to move up quickly .
perfect to scalp or nice long swing trade. BITTREX:CANNBTC
with Binance coin ending its a downward trend we can start seeing BNB to keep moving up now, breaking through resistance as you can see.
good time to get in for a 50% plus gain. I can see bob hitting 20's
1 hour chart looks where the first target will hit.
looking at a 4 hour time frame you can see the rsi being...
I think its quite clear to spot a Reverse Head and shoulders when looking at stellar.
with this in mind, stellar is making a strong signal up.
also the ichimoku cloud shows very weak resistance on the Red kumo cloud.
also take note that the ichimoku settings are 20,60,120,30 for crypto markets.
also price broke out of the 55 ema it may also look as we are on...
THE PRICE OF BITCOIN HAS BEEN EXTREMELY VOLATILE THESE PAST FEW WEEKS. BUT WITH SIMPLE MATH AND OBSERVING PREVIOUS TIME FRACTALS WE CAN SEE WHAT THE FUTURE POSSIBLY HAS IN STORE FOR US.
WE ARE A CRITICAL ZONE FOR BITCOIN , WE NEED THE PRICE OF BITCOIN TO STAY ABOVE THIS .5 FIBONACCI LEVEL, IF LEVEL IS BROKEN WE CAN EXPECT FOR THE PRICE TO FALL DOWN TO WHERE IT...
Looking at this chart from a 1 day chart you can see the Stoch Rsi is Over bought and reaching critical overbought levels.
at this moment if bitcoin loses volume we can see bitcoin slashing through support. also by looking at a previous chart I could see that bitcoin had failed to ultimately break through resistance.
just my opinion.
any opposing options...
AS LTC LEADS THE WAY IN THE CRYPTO GAME. OTHER ALTS ARE READY TO TAKE LTC OUT AND GAIN SOME MOMENTUM. UP.
WATCH LTC DUMP AND CRYPTOS PUMP IE RIPPLE
THIS IS JUST AN OPINION OTHER WISE A HIGHLY INFORMED ANALYSIS.