The price is so far following the prediction made on 3/15 - I modified the pitch of the arrows slightly since the 3/15 post because they were a little steeper than the price was following. I'm trying to improve upon that going forward. We'll have to monitor to see how the bounce plays out, but I think we'll retest the uptrend channel and most likely follow the...
Hi All! My last prediction ended up being pretty close - I had said we would see sub 8k in 24 hours while we were at 9300. After 24 hours, we had made it to 8,200, and we pierced below 8k another couple hours later.
As we can see, the downtrend channel is acting as strong resistance. The fib levels have been acting as small bounces on the way down - But even...
My last published idea ended up working out as planned. Bitcoin was shy of target by about 130 bucks, but no matter that's you buy/sell a little conservative of the target. We can see that on the upside, it bounced off the top of the downtrend channel again. Let's see if we keep support at 8300-8700 and form a double bottom, or if we go lower.
I'm putting a...
Well, I'm back and looking for enough reputation to chat again. My last few posts were calling for shorts right before starting the run to retest, and temporarily pierce the downtrend channel. Needless to say, I shut my mouth as my inexperience proved I had no idea what I was talking about. Well, I'm back, and I'm feeling short again.
So, maybe it's the time...
Hitting resistance at 11000-11300. A move above will give a breakout with an initial target of ~12.5k. Failure to break above will bring us back down below 10k. I think we'll go down before we go up.
Just an idea, make your trades on your own instincts and research.
I'm still waiting for 50 likes so I can chat!!
Amateur here, but I still believe that the right play in the near term is to short the market. Signs and attitudes are increasingly bullish everyday, but we continue to reject the resistance ~ 8800. I think we'll see a prolonged drop, and quite possibly bounce off 6000 again before we see the bulls take over. We...
Hi everyone!
Still looking bearish imo. I can tell the market sentiment is starting to change but it seems like we once again rejected 9000. I think we'll see the bears take over again for a bit - I think we'll bounce pretty hard from 7000 - 7500 and the bear market will end. A double bottom or even lower would seem reasonable based upon the chart but I'm not...
This is my first time doing one of these - frankly, I'm not very comfortable with TA but I'm trying to learn. This is my few week prediction based upon market sentiment and where the support and resistance levels seem to be. I've read several other TAs from some folks that are predicting something similar, so this is by no means a very original idea. I would...
