ECONOPEDIA

ECONOPEDIA

MOVING AVERAGES Resistance at the 100 sma COLOR CODED 15 EMA, 50 SMA Indecisive 50 sma and 15 sma. They are about to cross over or continue down and turn red. 200 to advance to the support of $26 900 3H- CHART PATTERNS AND TRENDLINES The most recent support and resistance levels: $26 900 - $28 700 3H - DIVERGENCES Bearish divergences on the Volume and...

ECONOPEDIA

MOVING AVERAGES 100 and 200 are far below so there is room for price to be pulled down towards them. Color coded 50 and 15 15 sma and 50 sma are green and moved up but there is a resistance at $29k. This may be the reversal point. DAY- CHART PATTERNS AND TREND LINES Up sloping support and resistance. DAY - DIVERGENCES A bearish divergence. It looks like...

ECONOPEDIA

April 1 - 1 Week time frame MOVING AVERAGES Price broke the resistance of 50 sma and 200 sma. 100 is far above. It looks like the price may get to 100 and find resistance at 32500. This will be a great confluential point for forming the upper line of a symmetrical triangle. COLOR CODED 50 sma is green but sloping down 15 is red but sloping up and in this case...

04:18

ECONOPEDIA

This little green candle on the 30 min is not going to change the direction and quite the oposite may happen.

ECONOPEDIA

Jul 25th Weekly Price to reach 24k if it breaks the 200MA resistance. If we go down around 20k would be a support. 1D If we don't hold the 20K support Bear Flag - Bears continue. Brake under 20K. Posible stop at 17.5k or 16.5k 12H 15MA and 50MA is green (looks bullish). Price broke under 15MA but the line is still green. 50MA is sloping up (looks...

ECONOPEDIA Updated 

I was looking for a pattern of percentages, drops, or increases. So now, according to the chart, BTC drops to 19k. If it wasn’t that precise, I would not post it. We have two drops of 50% below the green line of the indicator. We reached a 32% drop from the same indicator line on the third one. I would be inquisitive if this will get to 50%, which is19K. Of...

ECONOPEDIA Updated 

Three retraces 52% each the third one is not complete yet but we are headed there and that's 22k. I have a few more interesting BTC insights that I will post on Twitter. @bitcointrdr

ECONOPEDIA

On average BTC moves anywhere from 30% to 50% between support and resistance on the daily, except for the few big moves up or down. On previous consolidation levels you can see how precise 31% is. I believe BTC will be trading from 25k to 33k for a while to form a chart pattern. After it forms a pattern I want to see it go to 19k to confirm my previous idea. Go...

ECONOPEDIA

How precise would it be if BTC executed this bear triangle? 25% drop to get in it and 25% drop out of it, which takes us to 30K. A price range that a lot of people have been talking about.

ECONOPEDIA

So yeah that`s the situation on the 4h. Don’t lose your money unless you are DCA just hold for a moment to see where this trend will unveil next. The FOMC and OPEC meetings are coming soon so that may be the reason why we went down. Watch for that and don’t really make any ridiculous trades unless you really know what you are doing.

ECONOPEDIA

I pretty much explained it on the chart what I see happening. Comment what you suspect it’s going to happen next. Thanks!

ECONOPEDIA Updated 

Based on this pattern I would assume BTC is heading south. What is your take on this?

ECONOPEDIA

Price below all the MA, and really far below the 10 and 20. The RSI shows a bullish divergence. Waiting for the cypher to show the red green dot soon and that will potentially lead the MACD crossing over soon after that. I just don’t know where it would go from here up. Let me know what your suggestions are? My last call was spot on. Let’s see this one!

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This is the third bearish sign I find as we are developing this current BTC move. Here we have double Doji which looks like bears are stepping in. Volume is decreasing which tells me if I`m right and bears really step in we gonna tumble down. In the previous posts, I showed you the bearish divergence and flag. This is just a continuation of my previous ideas and...

ECONOPEDIA

If this divergence plays out I would not be too surprised if the price gets to 40k and that’s if I’m conservative about it. In my previous post, I show the bearish flag. If the price goes to 40k we may start testing the bearish flag support becoming resistance and then I assume it will indicate even more bearish move which may lead us to a lower 30k. Let me know...

ECONOPEDIA

If BTC hits the support line of the bearish flag I would not be surprised if it breaks it and starts heading towards somewhere around 30k. What do you think?

ECONOPEDIA

After seeing that massive divergence that just formed up, I personally believe BTC has more room to go up. Correct me if I don’t see it the way you see it!