From my previous post you can see BTCUSD has completed target one on the Cypher pattern, now I'll be looking to take another position based on how price reacts to the trading range price is currently in. Either a breakout to the upside or a continuation to the downside, hitting target 2 on the Cypher and/or continuing for fresh lows. Also, if you like the Rick...
I HAVEN'T MOVED A SINGLE LINE FOR OVER A WEEK . I'VE RECENTLY JUST ADDED A TREND LINE WHICH IS THE YELLOW ONE YOU CAN SEE THE BITCOIN IS RESPECTING THE OCTOBER TRENDLINE AS YOU CAN SEE WE A NEARING THE END OF A BEAR MARKET. ALSO ON ANOTHER NOTE. IT ALSO SEEMS LIKE BTC IS LOSING DOMINACE AS ALT COINS ARE NOT BLEEDING AS BADLY WITH BITCOINS DIPS. SEEMS LIKE ALT...
Hey everyone! This is Becky, your favorite Crypto Trend Analysis ^_^ ! Today I am analyzing the BIG MAN. So let's get into it. Bitcoin just broke the $8200 level and is going down, we are looking at $6000 midterm. There is not much resistance down there and the momentum is looking like it's gonna be strong enough to go down super fast! This is a good shorting...
Finally, I'm almost sure what Bitcoin will do next. In the few days, my view has changed very quickly, which is common in trading. So I do not think we'll drop much before we see an upmove as suggested in the last idea. So I expect, as you can easily see on the chart, a small drop before we start a good run. The drop is expected to go as high as $8,000 before we...
Bitcoin has had another struggle this week with the price falling back to this week’s low ahead of the weekend.Upside remains limited with resistance around $9,260 acting as a strong barrier, while the downside target of $6,000 remain intact after BTC broke the 78.6% retracement level at $8523. The stochastic level has also turned lower from its current extremely...
Bullish Divergence and reversal Ascending Triangle forming on the RSI. BCH has been on a downtrend since it's addition to coinbase/gdax. It'll all depend on how BTC acts around these levels of $8500-8900. Buy on a confirmed breakout for a quick 10% profit.
Trading suggestion: .We have already opened Buy trades, trade setup is drawn on the chart and shows entry and targets. .If the Midterm level 6000.00 is broken, we will close these trades. Midterm forecast: .While the price is above the support 6000.00, resumption of uptrend is expected. .We make sure when the resistance at 11600.00 breaks. .If the support at...
If i'm reading the last DATA and whats happening now correctly! I believe we will see an upward trend in the next couple of weeks and break the last resistance it has set itself. This is just my BOLD PREDICTION and please feel free to comment your predictions own below. if you like what you see, please smash the like button and give me a follow. Have a great day,...
BTCUSD looks to trade between $7495-$7837 over next 24 hours
on very short term btc is ending a wave 4 up & will star continue down
This is how i feel about Bitcoin: We are currently in an ABC correction of the previous 5 wave structure. We have confirmed the bearish count as we have a clear B wave Currently on C wave (looking for our 5 subwaves) Using fib extension from AB and subwaves, my prediction for C wave is roughly $6200-$6500 My prediction of C wave (SW 5) also has confluence: 1)...
Greetings friends . As you can see the market has formed a double top .If breaks the support level of 9400 next targets are 8486 & 7905 . If not the market will continue to go side ways . Make sure you catch it . Hope y'll find this useful . G'day Friends.
The price of Bitcoin seems to have trouble continuing to rise above the broken resistance. This signals that sellers are still very strong and can push the price down to lower levels. Technical indicators are also reflecting a slowdown in optimistic pressure. The moving average of 100 periods is above the moving average of 200 periods, indicating that the path...
its under the 200 moving average but we have strong support so lets hope we will have some volume to confirm the trend up.
Bitcoin/USD is more and more volatile last days what is typical for expanding triangle formation (megaphone) which considering the trend started from $6k can be bullish sign and drive us above $12k at last.