So far looks like a flat. Either in progress of the C wave or will bounce for the B wave. Let's see
- On the weekly chart we can see a massive rounding bottom / reversal structure! - The price is currently breaking out of the local bullish rectangle continuation pattern. - I am expecting massive ALT SEASON this year, so be ready and be sure to check my related ideas about other interesting coins! - 2 previous highs have been destroyed by the bulls today and...
Hello, dear subscribers! In our previous review, we looked at bitcoin trading price levels and the battle between buyers and sellers for those levels. The main level that determines the mood of the bitcoin market is 47,000 - 48,000. When the price goes lower the bears rule the market, when the price goes higher the bulls rule the market. At the moment,...
Bitcoin Dominance Weekly Chart (BTC.D) - On the chart we can see 2x Head and Shoulders Pattern. - Currently the second one is bearish and the price is currently on the HaS neckline support. - You can trade this upcoming breakout of the pattern simply by buying altcoins. Or by exchanging bitcoin for altcoins. - As you can see we have a double top reversal...
Wheat Futures has hit new highs over the Q4 period and we enjoyed the Bullrun as expected, but now it's time to prepare a major correction. Regarding the chart, I have analyzed that Wave 3 more or less has completed its cycle. Please be extra cautious and allow room for price to reach the $700 area before deciding on making short positions. The area in which the...
Hello, dear subscribers! In the last review of the last year, we pointed out the uptrend as the priority in the bitcoin market for the near future. Since then, bitcoin price has risen more than 70% to a high of $41,945. The market is experiencing extreme price volatility, last seen in 2017 and early 2018. Reaching its high on Jan. 8, bitcoin entered a wide...
Hi all, Let's stick to the plan we've been following for a while, the only change to it is yesterday's wave 4, which I obviously closed a bit early and turned out to look like a flat (Fibs are not great though). Now is finally wave 5 which our waves suggest could probably reach 46k. Then we should finally see a more serious correction (my only concern is everyone...
Hello, dear subscribers! In the previous review, we looked at the support and resistance zones in the bitcoin market. During the following days, bitcoin price fluctuated in the marked limits - $22,200 - $24,000. For the trend to continue or reverse, the price needs to consolidate outside the support or resistance zones. The RSI and MACD indicators have reset...
Hello, dear subscribers! In the previous review, we considered the breakdown of the $19,400 zone as a bullish signal, which will mean the continuation of growth. To our surprise, not only the growth continued, bitcoin made a powerful move upwards, showing a maximum of $23,800. After that level, the buyers' forces weakened, and now bitcoin price is in the...
Hello traders. The previous idea will work out 100% If you are good at trading, you can see how this happens. I removed all the unnecessary on the grack, so I was guided by all my tips, and waited where the price would go. All my entries, I published in the public domain, and all 4 positions, short, short, long, and short - brought good profit. So far, I am...
Relevant weekly CME targets. 20395-20550 AS WELL AS 17900-17750 With 93% of one of these goals, the price reaches one of them. You don't need to invent anything - there is a flat (I am working in it now) For those who do not know how to work in this situation, I write - Going beyond the border of this channel will show you the way, either update the bottom if...