Sup Bitcoiners, Weekly candle is holding right above 25 Ema support and it can take a nosedive to 99 Ema around ( $8300-$8600) prices if it breaks or closes below 25 ema ! Macd is about to cross on weekly and that is some serious bearish signs ! we can still get a correction before next dip but i'm not sold on this yet ! whales plan is to fill the gap and...
ETHBTC is inside ABC Correction , the market lost momentum and failed to create a new higher high. The price retests the neckline and could start to create FLAT Correction (Elliot's wave) According to Plancton's strategy, we can set a nice short ––––– Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the...
Looks interesting. A little push here from the alt-coins which is a sign of money going into alt-coins instead of Bitcoin... This needs to go up with BTC dominance to go down though.
Evening from the UK. Let's talk Trend lines. Hopefully you all use trend lines within your analysis but on this occasion we have a descending trendily break. As you can see we have had a good 3/4 swing highs where price action has touched the top trendily found resistance and continued the bearish leg. This Bear leg could now become exhausted which may lead to a...
What a drop in the markets, the NQ stopped right at the support level, if we can get a rally, the R1 - YH zone is going to be a good place to start some short positions, and if the market keeps moving lower i will be looking at S2 as a place to take some longs. Please keep in mind that these are not trading signals, use your own analysis before taking any...
The question now is: Is this a descending triangle or not? In my opinion it is a descending triangle and we just did not notice that... I have been bearish for a long time and just wait for the drop but he did not come. Despite the many comparisons, I have been looking for reasons why we should have a bull run. After the $10,000 breakout I really wondered if I...