farhadjafarov7

farhadjafarov7

XLM is in a falling wedge since it spiked to 0.000044 BTC area and now it looks like we are coming to end of the wedge and we have another small falling wedge reversal since its last dump so our patterns are bullish and we have bullish divergence on EWO, RSI has hit bottom and going up now once we hit the green wave of EWO we are heading up to 0.00004 BTC and...

farhadjafarov7

Hello guys, Bitcoin is still looking from my point of view and actually the more long term we look the more bullish we get so soon we might just be at the start of the next big bull run which might take towards the end of the year or the start of 2019! In 1h chart we have a possible trend line which will look like a falling wedge reversal so we have our supports...

farhadjafarov7

Well Bitcoin retraced as we expected it to retrace so now we are having a reversal and we are flipping bullish again! Now we have EMA 20 crossed EMA 200, EMA 50 crossed 100 and soon EMA 20 will cross EMA 200 which is an extremely bullish sign so we have a downtrend line meeting us at 7kish area however this time I think we do have the potential of breaking this...

farhadjafarov7

Hello Guys, I have been watching XLM from the start of the descending channel demonstrated and we have exited the descending channel so in the next rally I expect XLM to bring us 20-30% gains at least however I still see it going down and I think we might come and bounce from the descending channel where I have opened the long position, from the price of...

farhadjafarov7

Hello guys, We have another rising wedge reversal building up now and we are still in the descending channel so our patterns are pretty much bearish so keeping to USDT/USD as I have been advising is solid for now and we had some bullish divergence on EWO but the red wave we have on EWO now shows that no bullish signals now only short time volatility but the green...

farhadjafarov7

Bitcoin made a good bullish signs today with the pump today which shows that we are getting some bullish signs, but we still didn't get out of the descending channel and we have room for final dump to 6-6.2k area after we get out of the descending channel and make another cycle up, I think with the bullish news we are getting we might break the downtrend we have...

farhadjafarov7

Hello guys, In my last charts about Bitcoin I have been talking about a dump or a retracement wave coming and in most cases I saw that I was being laughed at or counter argued in the trader community but one thing I learned from trading is if you have a strategy which works for you stop listening to others as that will cause more confusion then help So if to...

farhadjafarov7

Well after my chart yesterday about shorting Bitcoin it pumped for 200 USD however in my trading idea I indicated that there is a room for upward movement and we will have a small wave up which is pretty much what happened, and now I think it is time for Bitcoin to go down and one thing I am really shocked with everyone in the market talking about a parabolic run...

farhadjafarov7

Well as I like reversals and reversals can go both ways and since Bitcoin looks like we are at the end of the cycle time to look for a reversal and as soon as I start going for trend lines, I see the rising wedge reversal building up which pretty much means that we are going down soon and we only have room for upward movement till 7.3-7.4k and for some of us who...

farhadjafarov7

As the crypto bull cycle seems to be almost over and Bitcoin is looking to finish its last wave up we should be looking for that one last trade which can bring us gains... I have been looking at the market whole day and looked at many coins but most are already finishing their wave up just like Bitcoin however when I looked at ETC I saw that there is bullish...

farhadjafarov7

Well since the start of the cycle I have been thinking about what angles each breakout makes and then look at what values these angles are and if there is any pattern in these numbers, as I am obsessed with patterns, trends and use of simple mental arithmetic in trading. And what I can see is that all the values these angles give make a descending pattern and to...

farhadjafarov7

Well since the start of this cycle I have been bullish but now I can see that with the drop from 7.1k area we are starting to get a bearish signals from our indicators also what I can see from my chart is that we have backward reversal building up as the angles of each pump are becoming smaller which means the pump impulses are weaker which indicates that there is...

farhadjafarov7

I have been watching this coin for a while now, it has been recently added to Binance and it has a good 24h volume which mean sthere is a lot of interest shown in this coin and with the bullish market we have I expect it to make a new ATH however as it has already spiked I am expecting a downward movement. And 4h MACD bear cross coming, STOCH moving to oversold...

farhadjafarov7

After my last update I told that we would reach 7.1k and now we retraced a bit from that area and I think maximum we can retrace to 6.8 area and then I see another pump coming where we should finish wave 3 and my target for this pump is 7.3k. We can see on our 1h chart that we are oversold, and on 4h chart we are moving toward the oversold area, EWO is still green...

farhadjafarov7

Hello guys, Most people who know me as a trader no that I love reversals in the market doesn't matter if it is an upward reversal or a downward reversal and Particl coin on Bittrex is a coin that I can see has a satisfactory volume and has been building up a strong reversal pattern throughout the whole year and if any of us are looking to buy and HODL a coin for...

farhadjafarov7

Bitcoin is looking to start and already did start the wave 3 and all we should do now is wait for the pump and see where it takes us I have two targets for this pump as the market has not been clear. So in my previous chart I was saying that 7.1k is my target but now I can see that, this would then only be a 400 USD pump which is not what we expect from wave 3, so...

farhadjafarov7

As I am staying with my forecast of BTC to 8ksih cycle, it is time to look for some juicy gains from our favourite alts and just see how they have been.. Siacoin is one of the top altcoins and one of our profit generators, and from what we can see it got out of its descending channel and made a small pump to 0.00000098 BTC and we retraced back to 0.0000008 BTC...

farhadjafarov7

NEO is in its descending channel and now it has made a falling wedge and is trying to get out of its descending channel. So with the weak bullish market we have especially with BTC we can expect some good gains from alts and we should focus on top alts which are solid project with a strong community which is ready to buy and push the price when there is bullish...