We are looking 4 hour chart. If you take look in short-term it might look the correction is done but when you take a look to the long-term charts you can see we are bottom in the long-term descending channel which means that on a short-term we are likely going to experience pull back somewhere between 11 000$ or 12 000$ Down-tredn will now slow for a while because...
BTC making a cool comeback showing that BTC bulls are still alive and kicking. That being said while the second bull up burst seems to have been stronger than the first (percentage difference) however the ascent is not as steep and shows BTC finding a ceiling once again in the low 9k region. The correction is not over imo and could still see lower lows if bears...
Following the recent consolidation phase, bitcoin has suffered huge losses this week. Amid a growing list of factors weighing on the cryptocurrency, the price dipped below the key $10,000 support which triggered a more aggressive sell-off. As a result, the asset has cracked below $9,000 for the first time since November and moved to the lowest levels since...
daily view on Bitcoin for the upcoming days. we need to stay above the support level. Good Luck All ,,,
Would love to hear your opinion. what do you think of this setup. Will B CASH find the support or will it continue down?
On the daily chart we see that the price will break out the triangle pattern very soon. The MACD crossover indicates the trend reversal It seems that the price will go up to resistance level (≈13 000) and afterwards go back to support level (≈10 000)
Price is testing the bottom of a symmetrical triangle, and is getting close to breaking out. If price breaks down, we will continue to head towards the bottom of the trend-channel defined in 2017; $8000ish. If price breaks-out the other way we could get a rally to the top of the bearish channel and 13k resistance before continuing towards 8k. A better look at...
better sell if no momentum at 10.5k..
XMR has been moving up and down quite a lot within its downward trend, with wednesday striking as low $235. Considering the MACD is indicating an upcoming uptrend, we might see another push, which I expect to be VERY short-lived. We have a death cross (red arrow) forming as the 50 EMA (blue) is moving down below the 200 EMA (green) which generally indicates a VERY...
Preparing myself for my upcoming purchase of some more bitcoin when it falls below $10,000 to around the $9700 mark.. Then looking to break up out of d/w trend.
We've seen a failed retest of the 10k support und bounced up to 11,2k. The next movement will come within the following hours, as asians are entering the market again and we might move above the 11,2k zone or get a dump and retest the now even weaker 10k support line. I recommend staying calm and waiting out further movement, since this one could go both...
The price will move to 6k if it follows the down trend bears took absolute control as Warren Buffet said stay out of cryptos
#Bitcoin has been having the long-awaited correction and so far everything looks normal. I think we're probably testing for the second time the current levels and I think the most probable outcome is the path "A". Personally, it makes sense to take that path but if that fails then the price may go down to test the lower support levels "B".
Here is my updated Bitcoin (BTC) prediction. We are likely headed down to < 10k. I have labeled some potential targeted places for buy-in.
Around Fibonacci level 1.272 we have a huge support. When we reach this area, it is a good time to buy Bitcoin. After that we have huge oppurtunities like holding Bitcoin until new highs or switching to altcoins at very low values. This is a huge chance for everyone to take good profits out of this ''crash'', which is for me a correction. When you make good...
Hello my friends, with this example I will shortly explain why many famous and very successful analysts fails to predict the cryptocurrency markets. They do not take into consideration the asian whales. There are tens of examples about how the market goes into a direction every day at same time and stops its direction after 12 hours. The vast majority of the...