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BTC MIGHT CORRECT SOONBEARISH DIVERGENCES AND A POSSIBLE H&S IN THE DAILY CHART. PRICE IS CURRENTLY TESTING RESISTANCE AT .786 FIB. 50 PERIOD MA SHOWING SUPPORT AT .618 FIB. IF/WHEN THE PRICE RETRACES IT WILL MOST LIKELY TEST THE TRENDLINE . FIB LEVELS CAN BE USED AS TAKE PROFIT TARGETS IF SHORT. NOTE: IN MY OPINION, I DON'T THINK THIS WILL HOLD. BIG EXCHANGES ARE SUSPENDING DEPOSITS AND WITHDRAWALS AND THE SCALABILITY PROBLEM HAS NOT BEEN RESOLVED. LET'S SEE WHAT HAPPENS...
BITSTAMP:BTCUSDShort
by gusi
1
Ride the Bitcoin Rollercoaster - Pt. 1Harmonic Patterns, Fractals and Price Action are showing a strong correction is about to take place in this bull market. Entry: 1200. TP: 945. Stop-loss: 1230. R/R: 1 / 8.5. Good luck! Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts. Animated version:
BITSTAMP:BTCUSDShort
by CoinMajesty
11
BITCOIN (BTCUSD) SHORT TERM: I feel pretty confident that Bitcoin has topped out here. Short until the 38.2% retracement is a good idea. You should then long at the bottom because it will find support on the green line I've drawn. I'm expecting it to follow that line until the end of April before we get a pop above the 23.6% retracement. At that point it might go as high as 1240, which is where you should close your long if you haven't already after passing the retracement line. LONG TERM: Basically Bitcoin will be back at 1000 once we near mid-May. This is where I will be aiming to close any shorts I've opened after the pop at the end of April.
BITFINEX:BTCUSDShort
by STIADAYSOFPAST
1
Monero: still going downI personally believe this coin is going down under, to 0.012-0.013 as I've stated in my previous posts. Fractal logic and fibs don't lie, so we'll be getting to that number at some point. I have improved the chart so let's see how this plays out in the upcoming weeks. Weekly also looks set up for it: Good luck! Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts. If you earn good profits, please donate some to keep me motivated! You can find more info at my signature.
Short
by CoinMajesty
4