As I stated Sept. 27, Bitcoin very much is in a clear downward trend on the USD weekly chart. Tellingly the recent massive breakout above the $10,000 range didn't hold on the weekly. The two scenarios are still intact. So either BTC will breakout of the triangle and downward trend or it will be stuck in winter mode and the bears will go hibernate BTC into and...
The DJI is approaching an all time high of about 278400. This market has become pretty volatile mostly at 30 - 50 minute charts. Although the DJI is pushing north madly, it is a market that is being moth eaten. It's instability is likened to a Jenga tower. The instability is also seen in trend switches down to the 5 minute level.
A break below 156-ish is bearish in my opinion, and increases the likelihood that IWM will retest the bottom of its descending channel. In addition to that, the RSI is showing overbought conditions. If it breaks below the 156-ish level, I will short it via puts and look for a risk/reward somewhere in that area I noted. Fundamentally, it all hinges on the Fed...
Go big or go home, $SAIL has been beating earnings since Adam and Eve. Let's hope that tomorrow will be no exception, Bull you better back me up on this one.
- We see that oil in currently in a sideways market at the moment hitting a resistance line - We should expect for oil to be bearish due to the hitting of a resistance line, however the moment while fading is not yet as strong as we might have hopped for. - Depending on the OIL reserve news to come out on Wednesday should give us a better picture of whether or...
Trust the force young Obull-one kenobull ! This is what this micro dip will looks like when BTC hit 35k
I have studied for 11 months and this is the result from all you TA guys teaching me how to figure out where the price can go.
This is a technical analysis based on Elliott wave that maintains the initial count of a possible bullish reversal with higher lows since June 29. As trend-based fib-extensions shows, bitcoin price have been bouncing on 0.382 range for the last 3 bullish rally's and this shall be tested once again near 6780, zone.
So, where are we right now? Everyone is acting like Bitcoin is doing unpredictable things and are getting liquidated. In this market context, which is a bubble burst , we have to keep in mind a couple of things before entering trades: What drives a bubble burst is market-psychology and an alternance between hope and fear : an alternance between FUD and...
IT's long term analyse.I think we are in the last steps of completing 2nd wave of a big Elliot Wave.After second wave complete near 6500-7500 we starting a 3rd wave to $32000.HOPE IT just a NOVICE IDEA.
Long-term I am extremely bullish on BTC. However there is no denying we are in a crash pattern. Until we get some bullish signals on the daily chart I would be very careful injecting any more fiat into the market. Also,the macro movements of BTC are difficult to predict, so the important thing to note in this chart are the price levels and their significance, not...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...
Here's a predictive trend-based model that suggests the current turbulence might not foretell doom. The conspicuous parabolic movement at the start of this year was out of trend, and is simply being corrected back into trend, according to this hypothetical model. Curiously, notice that it's almost like sheering forces (yellow lines) shot across the trend at about...
Well, we saw huge breakdown in BTC lately, especially there are tones of people bought from the peak. Good news is BTC is still protecting its upward long term trend, we might have a one or two breakdowns during next 2 weeks but it will be much better after. This chart will be updated as the two month downward trend ends.
OMG|BTC long position, waiting and suppose for climbing up.. :)
When investing inside the stable market of primary resources like Water, Electricity and Gas. Their bigger well know companies that start of small with extreme potential of growing more mature along the market. Risk-taking has become confidential but unsure of the outcome of assets to lose and invest. However, investing into small stock symbols this could bring...