zsilence

zsilence Updated 

So another week has passed and we update our BTC view. Our analysis for last week was partially successful (You can refer www.forexpeacearmy.com ). We correctly suggested downside retracement on daily/intraday basis but thought that it should be a bit smaller. Meantime, BTC has dropped deeper and short-term situation has changed. Result of last week is bearish...

zsilence Updated 

Possible Shark pattern on Daily (Also Cypher) Short initiated at 7400. SL Above 7840 T1: CD leg 38% - 6910 T2: CD leg 50% (for a possible 0-5 pattern) - 6700 T3: CD leg 61.8% - 6480

zsilence Updated 

#Weekly On long term chart, we don’t have big changes. BTC has cleared the stop below 6400. Still our weekly target identified by the harmonic swing and the ABC target at 4600 is not yet met . #3-Days Nothing much has changed due. We still have the butterfly buy formation around 4300. There is a small ABC target at 5300 which I expect to be hit if and when 5855...

zsilence Updated 

Hi Guys, I would like to share with you my view of BTC direction and target for the coming month or so. I will try not to repeat what others are doing rather giving you some selected and sometimes different view of the market condition. # Weekly The longer term view is bearish with most of the indicators are pointing down. My interest in this chart are: 1-...

zsilence Updated 

I will be looking if this pattern will materialize in BTC. I will be looking to monitor BTC activity around 7800 cypher reversal zone which align with .382 resistance -dark red- of the last 4-hr swing from 8700 and the broken .618 -blue- (7765) support from the previous daily low to the previous high SL: above 7950 T1: 7600 T2: 7465

zsilence Updated 

BTC is probably going for a 0-5 pattern. At first I will try to short in the area between 8700 and 8800 for a move down. I will update with the progress or invalidation.

zsilence Updated 

I am looking to long bitcoin in the area around 8358 in anticipation for a move to my target highlighted in T1: around previous high 8550 T2: 8700 T3: 8840