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HOW IS BTC GOING TO FALL ? THIS IS HOW IT'S GOING TO BE -UPDATEHi Trading Viewers, A few days ago, I posted a similar projection, but it wasn't quite perfect. So, I am updating it here. How to Spot a bear wave ? How to spot the beginning of a Bull wave ? It is probably the hardest job on trading. It means to find the very bottom of the price, before it goes up for a long run. Panic or Excitement are common, and shake the market. Most traders already felt that market is heating up, but to know the best price to enter before the bullish momentum really comes is something difficult. Now, bulls are trying really hard to get the price up, but they cannot pull price through MA 100, this is a wall. RED ARROW DOWN should be the start of the fall on daily chart. For more information check the related charts below. Feel free to: comment, suggest better ideas, ask questions inbox, help me improve, post a better chart on the comment, and GIVE A LIKE or FOLLOW. GOOD LUCK. GOOD PROFIT.
Short
by EDWARDCASHTRADER
95
OMGUSD break imminent One of the only charts I have been watching today just because the range is so tight! A break of either of the blue lines will give us some clues in which way this is headed. Blue lines are taken from the high and low on the hourly TF and the yellow lines are from the 4H. Take some time and go look at the entire tightening range for yourself on the 4H. I am leaning bullish but am not entering a position until we see a break of the local top. Be prepared from some volatility because with a range this tight I'm sure we will see a big move play out. It is worth mentioning that if we break below $17.2 we will dump, short accordingly.
BITFINEX:OMGUSDLong
by jamiediamonds
2
Short term analysis [4hr tf] analysis for Cardano- SELL OFF!Cardano made a high of 0.00009180 BTC on Jan 4 2018 and has been selling off since then. Wave W of an Elliot wave cycle is believed to have finished and is labelled wave w(in red).So far, the sell off in Cardano is shaping up as a WXY Elliot Wave structure, and we are in Wave Y of the WXY structure. Also shown on this chart is the long term trendline of Cardano which is also present on the Daily tf. Closing below this trendline is another reason to believe that the sell off will continue in Cardano. The blue lines marked on the chart show the area that support naturally exists for Cardano i.e. between 0.00002621 and 0.00002178. Wave Y also = 100% Wave W at ~ 0.00002768. This is indicated by the orange line on the chart. The 100% projection of Wave Y based on wave W is an acceptable projection for a WXY structure. Therefore this increases the chance that the sell off in Cardano will target this support area.
Short
by Coin_Analyst