Bitcoin to a long. if we break the ichimoku cloud resistance we can see a bullish movement. I am seeing a ascending triangle. MACD is on it way to become bullish in the 3H interval. we might see prices above $700. Feel free to don't agree with my chart. I could also be terrible wrong.
Studiying The Elliot Waves again Second attempt. Could wave 5 be the point of a Trend Reversal ? Will the pattern repeat? Is it the start of a new bearish trend. Or am I wrong about the waves? Please leave a comment. (I don't give exact dates for Targerts to reach*)
I am studying the Elliot Wave. I used the Elliot Wave Indicator & RSI+OBV to check if we are really going down or not. It seems like the recistence at $680 is unbreakable for now. We should be going down to . Arround $556. After that I think we are going up again to the $700 > After that I think we end up in a new Bearish Cycle. Offcourse I am not going to...
Will it be a double top or a real reversel. This is not one of my best charts, the best thing is to just wait this uptrend trend out.
I am currently trying to study the Fibonacci sequence and some patterns. 0.618 and 1.618 are one on the most important ratio's in the Fibonacci sequence. This is a update of my previous idea. I added a Three drives pattern. Please leave a comment!
I am currently trying to study the Fibonacci sequence and some patterns. 1.168 and 0.168 are one on the most important ratio's in the Fibonacci sequence. I looked back few months ago in the BCT chart, and I saw a pattern. I'm not sure if I am right or not.
This is the first time I drawed a head and shoulder. I hope I did a good job. There is some thick support on the 449-480. If it breaks, we can see some panic. The neckline is arround the 440. it it goes even more down under the Pull back line, I don't think Bitcoin can recover really quickly again.
This is the first time I drawed a head and shoulder. I hope I did a good job. There is some thick support on the 449-480. If it breaks, we can see some panic. The neckline is arround the 440. it it goes even more down under the Pull back line, I don't think Bitcoin can recover really quickly again. To short or go Bullish is your own choice. It really has 2 options
This is based of the Elliot Wave Theorie. I can't tell if it will happen. But if the Elliot Theory is right, Bitcoin goes down. First Target is 456. If the 450 breaks, It will do down even more.
Litecoin was pumped. I expect a dump plus LTC is overbought. Plus Parabolic indicators shows it will go down
I think that this last spike is not a sign of a trendreversal. I think we will soon see the prices fall below the 400$. BTC is overbought at the moment. If the support of the 382 and 375 breaks, we can see soon or late some panic. The next stop is $325. I'm not a proffesional trader.I can't guarentee profit. This is my first idea and publishing it. But I just...