includes RSI and MACD bearish cross. An update of previously posted prediction with more detail
created by analyzing fib retracements (not shown in chart) and natural volume based and trend based support and resistance, we will fall anywhere between 7200-6350 before a recovery over the next 8-12 weeks. Could happen in a matter of days though. As you can see, my prediction from our wedge played out correctly as well. We are OVERDUE for a BIG correction in the...
Hey! I want to introduce you this idea. I was looking for a PA reaction from the same L/S ratio setup, and got this surprise. I think it's really accurate and deserves to be shared, even if it fails horrible. Of course this is not a financial advice, and it might get invalidated if BTC breaks 7.5k with a full body candle on daily chart, or breaks 4k on the...
Bitcoin Price Prediction 19-04-2019
Levels to watch for support-$3600 Levels to watch for Resistance-$4200
We cant really predict the future no matter how hard we try but we can do an educated guess from prior trends, from what we are seeing in the above chart, bitcoin seems to be finding it hard to close blow the $3400s, why we don't know for now based on FA. A visible close below $3381 may spell full doom for bitcoin because it might lead to a close below $3100s...
Hello All, I have recently started my .1-1 BTC challenge. Updates can be found on my twitter(link in the signature). Regardless overnight we returned to the OTE for this LTF move and found support on the retest of the OB that swung us to the high around 3480. I will be looking for continuation to the 3520 region. There I will ladder shorts as it is the old daily...
Bitcoin is having strange price action because of the low trading volume. A big move is coming and we all know this. Have a look
in long term trend line it is getting support around $3500 - $3600 , It tested it 3 times in last one month, Tried to break but bounced back if it holds here then we can see quick bounce back if not then we can se downfall to $100 to $200 more from here & we can see it to $3400 - $3200 Again $3750, it is facing resistance in long term trend line , tried to break...
Hello everybody. Retail is labeling Bitcoin(BTC) as an inverse head and shoulders right now. Please do not be fooled by these gurus that are not knowledgeable in this craft. An inverse head and shoulders is simply a break and retest of your break on your HTF not some magical pattern that makes you money. That being said it is possible this "pattern" fulfills due...
Finally bitcoin successfully closed above $3600 on weekly if it not sustain there then it might test short term support at $3400 $3200 and even $3000 , once break $3000 then can hit $2500 to $2700 by jan 2019, But good news is it is trying to break resistance at $3800 once it breaks then it can test $4100 and above in short time
Bitcoin forming head and shoulder and almost 15 to 25% chances it will come down to $4k or $3800 and might face some resistance at $4500
If we consider 4 hrs chart since the massive fall, and see the downwards trend then three things can happen, 1 Whales might dump it to $3000 arrow one 2 If downwards trend continues like this for a longer period then might be $2000 or $1500 will be possible but possibilities of this is very very less as $3500 then $3000 is a strong and sociological support . 3...
In this we tried to find out Bitcoin double bottom and what will be the major resistance & support and what will be the point of trend reversal.
Bitcoin moves in triangle and about to chose it direction. Now its time to decide: which way you will go? To whale or to shark? Breakout of 6000 and 5800 will bring us to whale level. Breakout of triangle in 7000+ and 7400+ will bring us to sharks. Don't be like a plankton, keep it simple: play smart, use capital management and trading plan, keep away...
Hello, dear friends! Bitcoin shows heavy resistance at 6600 and 6800 . On other hand we have higher lows, with demand/support zone at 6200. On the left screen 1h chart, price stays above MA200 - which is bullish signal for us, lets take a look at history: July April February November September and many others times... But when it comes to ...
Bitcoin looks interesting, will it break the (E) zone?