Inverse Head & Shoulders set a target around a previous regular H&S target. The Inverse Head & Shoulders Target to about $7800 also came around the top of my HVF Funnel. Once the chart breaks and close above the neckline with strong volume, I will enter for a long with about a 2% stop loss.
On the 1-day timeframe chart long term BTC analysis suggests that BTC finally gains strength. There should be a new rally soon, it wont we similar to the previous where BTC was pumped however it will be a gradual rise within months till the middle of the Autumn. It doesn't look like this time BTC will fail again. There are a much more solid technical and...
Jumping right into this analysis! We see BTC standing strong above the 6500 support trend that has proven 'unbreakable' in the past two instances. Tested but never closed a strong candle below this level. In the past few months of the bear market we see BTC trading withing a huge descending wedge pattern (in blue). The death cross and double topping pattern on...
Dear Crypto Investors Some Crypto Addicts asked me what I was thinking about BTCUSD for the next couple of Months. Can we really see a recovery before September of BTCUSD ? Yes definitivelly, it still looks like 2014. However the recovery was really low after september in 2014... I suppose with some more goods news we can go back again to a price close to...
These are times when excitement is the enemy. DON'T BUY because you feel something is good. Buy because you can see on the graphic that it is time for a bull season. A lot of "gurus" now can see what I posted on Feb 1st, and started to post BTC up up up. But this is not the best time to get in yet, there are still some little bear waves on going. Pros can...
Prior price structure support, long-term trend line support, and 141.4 fib extension. Buy zone: 5900-5500. Buy strategy: Slowly average in; depending on momentum of selloff. If fast selloff: Wait to buy a larger percentage towards bottom, and vice versa. Possible bounce from buy zone back up the 100 fib line to complete a pattern mirroring the prior price action...
BTC (BTC/USD) LONG ! IntraDay :) .chanel H1 chanel +S+R Zone (for intraday)