I would say that the bears still have the upper hand if you look at the year overview we are certainly not on the verge of a breakout but just , oozing down the downward funnel I expect resistance at 3200 and 3000 dollar points. My opinion sell BTC now buy back in at a lower price, I don not think HODL will give you much, unless you bought BTC bank in the days...
The bears are starting to hibernate. Bitcoin (BTC) has finally broken through the resistance triangle and is showing further bullish signs of a complete reversal. I'm placing my price targets at around 4600 in the very near future, creating a balance resistance around 4550.
If you HODL just keep hodling, If want to trade do it day trade long short positions... Put small goals then cash out to tether or fiat... Strong resistance, if broken expect the next bullrun... Meanwhile just rest...
Whether or not we have truly seen bottom in the crypto market remains to be seen, but as I mentioned in my BTCUSD analysis(), NANOUSD is the coin that helped me to see the bigger picture. Why? Because I decided to compare it with an old BTCUSD bubble cycle from 2011, when it similarly rose from cents to around $30, only to crash back to $2. I used some simple math...
At first sight, the market does not seem as unpredictable as we all thought. There is a definite sequence as you can see. With more careful attention, other interesting facts are also evident. I think the bullish trend will be slow but glorious :) I also suppose there will be a slight mirror image, but we will see over time. Personally, I do not expect any...
With Consensus 2018 now less then 24 Hours From Today In White Rabbit Wonderland Everyone is Excited! Especially Jabermonster now lets Step into the Rabbit Hole and get Technical with this coin $ada also known by its Infamous Name #Cardano. now ada shows Strong Support At the 3000-3040 Satoshi area demonstrated as the thick blue line (I have Hodld me Some More...
Q2 2018 - BITCOIN TURNS BULLISH AGAIN
Just look at that beauty! I see Satoshi's smile!
During the last month we have seen a drastic sell off in all crypto due to a massively over-bought market caused by Over enthusiastic and fake hype throughout the whole market with bitcoin -0.34% being the leader, in my opinion this sell off is now over with currency such as lite coin increasing by around $40 in the past week. Due to news releases in both lite...
After all the FUD and market sentiment, I'm still remaining to be positive and not looking that much in chart because that's what markets does. duh! This is not a bear market! I repeat, this is not a bear market! Unless the market goes below the major support which is around 5,400 USD. SO that means, we just touch the previous trend line support! Stop making...
Entering now is risky considering the downtrend and low res.
Looks like TRX:ETH Has hit the Mid December trendline. Before the big price boom. It does tend to notice the line and has bounced off it a few times, currently testing it now after a brief consolidation. I'm wondering if it breaks lower, too far low (into that blue box), then it might be headed for the earlier trendline, the one that began early December. ...
Prediction made considering previous movements, let me know if you agree.. (chart examples are welcomed) Cheers!
I feel like the downward spiral has ended, looks like we are headed sideways and hopefully back up sooner than later!
consolidated, now in a compressed wedge, ready to rocket (HODLER)