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Inverse

ZRX/BTC Analysis 0x: 1) Falling Wedge. 2) Possible Inverse Head & Shoulders, with right shoulder forming. 3) The cloud remains bearish on the daily but has flipped on the 4 hour, creating some bullish sentiment. 4) MACD looks sideways on the daily, though seems bearish on the 4 hour 5) RSI continuing rising trend on the daily. May drop down to rsi trend line before any significant move up. 6) Keep an eye on Bitcoin as it influences the overall market heavily and a drop in BTC will see the market as a whole drop, including 0x. IF a breakout occurs, expect an increase to the next resistance zone (blue line) - 0.00009122 IF breakout fails, expect a drop to the lower trend line of the falling wedge or possible lower to the next support level (pink line) - 0.00007304.
by Vermillionz
BITCOIN UPDATE 27-12-18Bitcoin is finally showing some bullish signs again. After testing the 3k area and the decent bounce bitcoin showed, we are now moving in what is a potential inverse shs pattern. I have seen this before with bitcoin and it is a very bullish pattern. It could push the price up to test queen trend line again but this time as a resistance. That would be around the price are at 5k. This is only possible if we don't continue dropping now and if we stay above the 3.5k support. That would be the max for this downmovent.
COINBASE:BTCUSD
by Aurelius222
EURUSD NOW BULLISH ABOVE 1.1650 LEVELThe euro currency has moved above the 1.1650 level against the US dollar after ECB President Mario Draghi struck a bullish tone towards future eurozone inflation. The EURUSD pair may create a bullish inverted head and shoulders pattern if buyers can push price towards the 1.1730 level. Sellers will need to edge price back below the 1.1600 level to change the intraday bullish bias, while buyers are currently probing the 1.1700 resistance level. The EURUSD pair is intraday bullish while trading above the 1.1650 level, key resistance is now located at the 1.1700 and 1.1730 levels. If the EURUSD pair moves below the 1.1650 level, sellers may test towards the 1.1600 and 1.1577 levels.
by OctaFX_Official
Binance Token Beating the Bloodbath - Better than stable coins?Weekly Chart- I am basing this off BTC continuing to head down in the near future. This is what I'm expecting to see happen over the next couple weeks or so, an initial sell off of both but a gradual increase of BNB price vs a gradual decrease of BTC price. When the market comes back, I will have more value with my BNB compared to if I just held in BTC. Selling 1 BTC for 832 BNB Binance coins = (0.0012017 sats back then) when it was around $10,000 back in January would have earned you around an extra .33 BTC = $2.3k if you were to sell that BNB around now Early Sep 2018 Instead of your 1 BTC being worth $7070, you would have around $9.3k worth of bnb When BTC gets back to $10,000 you would have about $13300 worth. Please let me know if my math is off or this theory has holes in it. Yes this is annoying because we can't go back and do this over but if this continues, it maybe better to go into Binance coin instead of tether or other stable coins. I'd love some feedback on this, thoughts, pros, cons etc. I do not claim to have all the answers and there are definitely risks with attempting a strategy like this so please get 2nd-3rd-4th opinions before trying this. Please do not make any financial decisions based on this theory. I'll be creating a video on this chart and theory shortly after finishing this chart here - www.youtube.com
by GhostRyeder
8
BTCUSD Inverse Bullish Short Term12H inverse bulls. - note the stoch fractal. I'm watching that RSI supportline also - it looks bit like a rising wedge. I've also outlined what i consider a potential pathway for BTC price action over coming months if there is no bullish catalyst such as ETF approved to prevent the classical triangle pattern from playing out. A narrative is thus; we pullback once again to low 6K area before squeezing shorts and spurring another bullrun / bull trap to mid 7K before going in search of the ultimate bottom for BTC (again. assuming no bullish catalyst)
BITFINEX:BTCUSDShort
by revhope69
1
Bitcoin's inverse cup and handle possibility [BTFD]with some solid buys currently we might be forming a handle here for the inverse cup and handle pattern to form lower red trend line is target if it breaks the purple neckline after a rebound from fib levels at 6800 supply zone down towards 5800-5600 being the final destination after the buys/bids at NY open taking bitcoin up over 6400 we need to see good momentum in volume to break 6800 and get above 7k before any bull ideas again will be shorting at 6800/700 area if it fails to get above 6900/6800
COINBASE:BTCUSDShort
by majorlee
2
An update on the inverse relationship between BNB and BTCHello, I recently posted a theoretical idea about how the relationship between BTC and BNB is inversely correlated. Today I am providing a zoomed in point of view for the upcoming BTC movements. Please see original post here: And the corresponding BTC path here: Clearly, the theory is working out as anticipated. Today, I'd like to go zoomed in and understand on a lower time frame what'g going on. In the above chart, we see that BNB is doing a low volume B wave, exactly what the B wave looks like. But it means that we have a C wave yet to build....So how does it get there, if BTC goes down and BNB goes up? And vice versa? To hit our mark of 18544, which is a natural support and a fib retracement zone we need to see if BTC is going to go up during that period. I anticipate that it will: So to boil it down a bit, we anticipate BNB dropping by 6.4% and if we do a 1:1 inverse ratio, that means that BTC is expected to rise by 6.4% as well. That would put BTC at around the 6300 Zone where it catches some decent resistance and also the territory of the (3) Wave down (which it can't penetrate with force). BNB is running a wave (4) Expanding Symmetrical bearish retracement presently. When it hits the 7300 mark, we should see a continuation wave (5) that terminates around 6700. BNB acts as a tether when BTC drops sharply. So presently I am in BTC but as that limit approaches I will be rebuying BNB for the satoshical gain and also the fiat protection. When BTC bottoms out, moving back into BTC at 6700.
by GoldenParachute
Ethereum Showing WeaknessRight now, Ethereum is not showing the best signs of strength. 1.) Its current head and shoulder bottom has a downward slope, however, while Bitcoin has a horizontal slope proving how much more bullish bitcoin is comparatively. 2.) The bottom of the inverted head and shoulder did have less volume and it did show a bullish divergence which gives this inverted head and shoulder more robustness. 3.) The breakout was much weaker than I expected, especially for Ethereum, it barely made it past the neckline. Currently: 4.) Ethereum is at the neckline, retesting it, but that is okay, so long as it does not pass the neckline it will not compromise the inverse head and shoulder. This means it would need some independence from bitcoin. A successful repulsion of the movement down would place the price objective of the inverse head and shoulders around 570.
BITFINEX:ETHUSD
by CuddlyCuddles