TA is self-explanatory. I didn't give up on my 1900 target. The bottom will be somewhere between 1500 - 1900. Other reasons: - 50 & 100 MA weekly cross - Pathetic volume at 3150 - no new capital in the last 3 months - February was a green monthly candle (just like in 2014) - no one believes 200 weekly MA can be broken - BTC is a troll
Long-term Bitcoin analysis using a logarithmic scale. As shown, Bitcoin remains in the long term trend lines set by the top and bottom of the 2014 bear market, if Bitcoin is to remain in these trend lines, it needs to start making an upwards move in early 2019. I have also drawn a few curves that Bitcoin could follow if it is to fall below the trend line. My first...
Breaking the second line of resistance, Possible retracement to the golden pocket just below but bottom would already have been in at 5850 ish... possible 100k by early 2019?
Here we see a little possibility, something maybe nobody is even thinking or seeing. BTC finsihed the weekly ABC with a possible Flat correction, Wave C needs momentum divergence and the RSI shows our divergence. Presumably what is wave 2 bounced of the .786 fib. If this is wave 3 I expect us to slowly break some resistances up if we are starting wave 3, at around...
Was feeling bearish , so put this together, let's go $100k! Not too far off too, end 2018 from the looks of it. I should be charging for that much optimism hahaha, donations are more than welcome. Three peaks previously at $200, $1k and $600. Possible next round at $20k, $100k and 60k.
refer to title
"Hey folks! this is Highaltitudeinvesting here . Doing some long-term technical analysis on Bitcoin in this graph I am using LOG chart on "BraveNewCoin Liquid index" (this gives me the most DATA for price) Using channels and Elliott waves you can get pretty good Idea of what is happening in the big picture for Bitcoin & Cryptos. $100,000 is first major...
This chart is certainly bullish right? BTC is ready to serve as an alternative currency to the entire world right now. How big is the worlds financial bubble that is entirely based on debt? Which government will impose ridiculous laws that force people into BTC next? Where is a better solution for transferring large amounts of money across the world? How...
Hell everyone, Here is my fractal target for bitcoin this year. The duration is hard to predict so that will probaly be off. But let's see if we follow this shape roughly. Greetings, Vincent
First of all: This is just a possibility and should be seen as one. Don't base your trades on this idea! Price will fluctuate and may or may not follow its past. This is just something I found and wanted to share. Dark blue lines: possible triangle Purple lines: a small channel BTC LOVED in 2017 Light blue price line: BTC past performance from 2017-08-31 to...
Major divergence and concurrence on all indicators - 100k btc in 2 weeks.
This is my guess on were BTC will stop. But who know's well see!
Firstly I should say that Bitcoin is on a major bull run as we all know! Many people have been trying to "CALL TOPS" and find the "END" to all of this (LOL) When we study the Elliott wave cycle and think in terms of continuation we start to get a bigger picture of whats really going on and you start to care much less about the "MINI corrections" (Corrections...
I have no idea what CLAM is, and I do not care. Cheers. P.S. I will share targets in another chart.
USD/CAD has been in its descending channel making lower lows, and lower highs, along with a key level of resistance being tested as a triple top, and a textbook ABCD extension pattern we are expecting lower lows to be written. Fibonacci 61.8% support break will trigger my shorts. Target is 1.2830 which for me is the last support before a big bearish downside move...
Looking at the weekly timeframe, we see that EURUSD has been rejecting the level of 1.13500-1.4ish, and the Fib of 23.6%. We need a break and close above key monthly resistance+ trend line break at 1.15 which will lead us to 1.18500 + the 38.2% Fib. Also it looks like a higher high is about to be achieved for the EUR along with higher lows on the DAILY timeframe....