CORONAVIRUS WILD PREDICTION [MWZD]4.5 Months from now I see the top , the curve is very steep too much momentum
2019
ETH 2019 Bull and Bear Market - Under 100 or Bottom?
Where will we finish this year?
Will we start a new uptrend on the 7th of January?
Or will we see new lows under 100 USD?
Every Retracement was followed by a dump after the golden pocket was lost.
Trendlines showing possible End of December Dates and 7th of January of new tests of the current golden pocket.
Will it hold and we have the power to come out of the falling wedge and breakthrough all resistances or will we find a low under 100 USD?
The bulls began bouncing... the bears at 7200.7200 is anchored(strong-strong resistance below), now looking for a 7300-7400 confirmation...
All timeframes are screaming BUY signals but the 4H-1D(expecting them in a day or to).
Just one or two more (1-2%) corrections and the bulls will be set free for the corRrRrRida!
Something big is coming...
Bitcoin may crash down as low as $1800Comparing our current bear market with our previous bear market I think we may crash lower than most people are expecting. If you draw a fib circle and a trend line from the peak down to where we started to push up before our parabolic run up. You will notice in both 2014 and our current bear market the similarities are uncanny! If this plays out the same we are looking at a possible crash down to $1800 and lower.
To view more of my charts as well as private charts please click on details section of my trading view account.
GBP Pairs Might Rise Back To 2008 LevelsOn December 12th 2019, as the British polls were coming to an end, conservative Boris Johnson was winning. With Boris's the idea to get rid of the Brexit deal that was introduced back in 2008 which lead to a 29.5% crash on all GBP pairs within a year, price on GBP pairs came rising up to over 400 pips within a few hours. This leads me to believe, a good swing trade setup is in the making where market price can reach record highs since 2008 before Brexit was introduced. All in all, This would lead to about a 30% increase at over 6,800 PIPS.
The REAL dealHello traders, Crypto Crusader here with a small cap analysis.
This analysis is on TheRealReal ticker "REAL"
The fairly recent IPO in June of this year received a listing price of around $30, at the time of this writing, we are trading around the $17 mark. Given how small of a company they still are, there is large growth potential moving forward for a tentative medium term hold (1-3 months). There hasn't been enough time to properly print weekly, along with monthly candles, however, it's important to note that on the weekly time-frame RSI levels are oversold and sit around 33 (the magical oversold RSI #). Regarding daily candles for RSI, we are beginning to pick up momentum and are headed in a neutral direction to 50 given this indicator is a derivative of sorts. A 2 month bottom in RSI when "REAL" hit ~$13 is the parallel I'm using for the 2 month RSI bottom we currently are witnessing. To pair with the bottoming of RSI previously, and currently, we have the MACD VSI indicator. You can see the inflection points along with the convergence picking up pace. The MACD VSI is mirroring what the RSI is representing regarding momentum in price action. To add a tertiary layer to this analysis we have decreasing selling volume, while buying volume remains at a stable level. I believe within my above mentioned time-frame a sell target of ~~$22, while subsequently getting a double bottom fake-out that dies off, and or, a fake-out that would play down to ~~$13 levels, making this trade a massive loser opposed to a fairly decent winner at 40% gain +- 5%.
As I mentioned earlier, this company hardly even has a 2 billion dollar market cap and is extremely small in the retail space and in comparison to their competitors alike, however, their disruption in this market could prove favorable given their system to consignment.
Hope everyone is enjoying an early holiday and spending some time away from their charts for; family, good company, food, and personal hobbies/endeavors.
May the trades me with you,
Crypto Crusader
Weekly Bitcoin Analysis and Price Prediction.For the beginning of December we have seen some pretty heavy price swings between the range of 7600-7200 USD, with a few wicks to the 7700 level, and the 7100 level.
I've drawn two bear channels of resistance and support indicated by the red lines.
The Upper bear channel seems to be a good region for taking small short trades with a stop loss at the top of the uppermost red line, and profits being taken below the middle red line, in the lower bear channel.
If you zoom out (ill post a pic below) You can see a Bullish channel formed as well indicated by the green wedge, which gives us a short-midterm ceiling of about 9k. I'm not expecting us to reach these level, but a short term retest into the green channel is very possible.
The key level seems to be around 7450 USD right now. Above this level bulls start to make small gains. Below this level, bears are continuing to great "Bart" patterns, by immediately selling off any quick swings to the upside after a small period of level trading.
Expect the price to gravitate towards 7300 with lots of short and long squeeze's coming in, An excess amount of Stop Loss Hunters are clearly in the water.
Most likely we will continue to put in lower highs, and higher lows, continuing the signal of a bear market.
It's been about 7 months of this trend. Following the 2017 High of 20k, we put in 13 consecutive months of downward action. With about 6 months left until the havening. I'd say that puts us right on track.
Prediction:
Target range of 7.5k-6.5k for Month of December.
30-50% chance of Upward swings to the 7800-8400 Region, with 70-90% chance of Return to 7.5k region.
50-70% chance of 6.8k levels.
Very Possible outcome of 6.5k-5.5k bottom in January. Expecting slow bullish momentum from Feb-May 2020 with a target of 9k-10k by May 2020.
Keep in mind there's also the possibility of a SHTF scenario where we see rapid price swings between 10-6k, however i feel bitcoin's days of such insane volatility are slowing down until we see new all time highs. At which point they will return.
Thank you for indulging my forecasts.
$ETHBTC Massive Falling wedgeThe chart construct is impeccably similar to February of 2017, before the bull run.
Large falling wedge followed by buy signals on the phantom script, post liquidity grab.
This chart is likely to go on a run.
ETH Being ETH, it could lift the market with it.
Keep an eye on $ETH folks!
If Bitcoin Repeats History? Descending Triangle Looking SimilarThe daily bars of the 2018 descending triangle are starting to match the current 2019 descending triangle. If the bearish breakdown also repeats itself in the same way, then this would be the outcome, continuing on from where the charts fit together. Notice how a similar bearish breakdown would take us to the 200 Week MA, given its current trajectory. This would be long-term bullish if this happened, ie finding support again one year later $2K higher. I'd therefore find it unlikely to return to a bear market, or even continued consolidation (which would both be under the 200 Week MA).