Price looks like beeing squeezed in a triangle between 2 opposites trends. Market is undecided, outcome is coming. Prepare to choose the right trend within a couple of month. With probably a nice brakeout. My bet is that the outcome will be NORTH as * 12.93 is a 50% fibo support * Longer term uptrend will play out * USD becomes stronger on the market
If the 1M candle close green (in about 14 hours) we will see a clean nice rounding bottom, steam loaded to break up. Don't forget to SMILE :D "It's nice to be important, it's more important to be nice"
Curious about the effectivness of the rebound we could witness last year after the $260 bubble recovery. I waited so long to finally see how it could be genius, sorcery or just plain luck... The wait during 6 months was worth it. Ichimoku turns out to be a genius indicator ! (protip: it's quite effective in 4h and 1d charts btw) If the price tends to stay over...
A bit bored, I made that for a total speculation. Surprisly we can see that the spread analysis (Daily) show some trends and ranges as well. It indicates that the run starting from the 15th april @ $339 could be a trend reversal like the one we had starting at $63. @beetcoin
Hello, I'm a Professional trader and decide to share my experience (Trade Learning) on Litecoin/Bitcoin but also multiple mature & tradable altcoins (XPM, NMC, DOGE, PPC, MSC, NXT etc.). Please help me to gain popularity, I invite you to follow & share: www.facebook.com (Facebook Page) twitter.com (@beetcoin on Twitter) and visit beetcoin.com for insights and...
Hello, I'm a Professional trader and decide to share my experience (Trade Learning) on Bitcoin but also multiple mature & tradable Altcoins. Please help me to gain popularity, I invite you to follow & share: www.facebook.com (Facebook Page) twitter.com (@beetcoin on Twitter) and visit beetcoin.com for insights and trading reviews. Thank you very much and happy...
Last time we had a RSI Divergence was 1st september, followed by 20% drop and 1month and half sideway walk. I just let that as a red flag. Crash can occurs but I don't think we will see a long sideway walk because of the recent bullish pressure.
The recent rise drove us to a possible higher range. Price already tested the black support line around 176 and it seems to be a next support. According to this I think we can have 2 new possibles ranges with 2 diffrent growing rates.
Bullish breakout is now confirmed, big move ahead ?