Bitcoin after making a clear breakout in weekly chart we can expect minimum first target 7.7K area. MACD is confirming the buy signal with a cross up. RSI and STOCH rsi are both in reversal areas but still not showing the buying signal but for me the solid breakout and the volume coming in strong in short term already confirms futures price actions. Time to ride...
Bitcoin just broke ichimoku red cloud in 1 day chart. We also have bullish indicators in 1 day chart and 1 week chart. We also broke 9.5K resitance and a rising wedge again! Time to hold 100% Bitcoin and be safe in the market until we see something more clear. I am closing now all my altcoins trades to hold 100% Bitcoin!
Use this chart to catch up with BTC now in this important short term level. An upper breakout should takes us to a retest of 6500 dollars resistance and if we break down se should test 6150-6200 area. It's better for you to have this chart online than me posting it updated all the time.
I watched Bitcoin in 1D chart and I saw that it is neutral and calm but not for long and 1W chart shows to me a more bullish scenario and that things will not be that calm anymore soon. Let's see why (Bullish Observations): 1- Stoch RSI is oversold again and we can see that the blue line is going slowly up to make a cross. We can also see that Bitcoin made a clear...
Wyckoff accumulation thoery can be read in the link below : stockcharts.com Crossing my fingers now and hoping for Bitcoin to finish Wyckoff pattern so we can see a bull run soon. Also the spring area can actually be at 5.9-6.1K level. Enjoy the idea!
Watching Bitcoin very close now and waiting for a clear breakout to open a new position in Bitcoin. Red area is the resistance area and green area is the support area. I am not gonna talk in this Chart about the market, fundamentals or any speculation. The chart is clear and already says what I needed to say.
Bitcoin turned himself a little unpredictable in the last months with multiple Bart simpson patterns. So in today's chart i decided to shows us only important strong levels for Bitcoin that we should keep an eye on! Today we suffered another drop and right now i cross my fingers that these supports will hold up prices and i will be selling to rebuy cheap supports...
Indicators are showing that BTC will probably bounce from this area and keep rolling in the symmetrical triangle but that doesn't matter much because what will actually decide the trend is the breakout of the Symmetrical triangle in the chart. Careful with False Breakouts and if you agree with my idea leave a like.
Litecoin is looking extremely bullish and has a huge support under it. Accumulating now under 0.0158 Seems like a very good idea! RSI and STOCH RSI looking oversold, hitting 50% fib level and also very bullish in probability indicators. Stop loss MUST be place under 0.015! (Arround 5% loss if hit).
Bitcoin broke up falling wedge and bounce from 8.6K area and right now it will test falling wedge previous resistance that now works like a support. We should expect a bounce from here and a classic falling wedge followed by an inversed head and shoulders. If we don't bounce from 8K area we should drop to 7.6-7.8K area for another bounce attempt.
After a fast correction with fake SEC fud ethereum seems ready to keep moving up. We can see clearly an inversed head and shoulders that can be completed soon leading us to 0.09 resistance area . RSI confirms the head and shoulders and volume too and we also have a bullish 4 hrs stoch rsi and RSI. I already hold ETH but if you don't this can be a chance to get in.
We can see a clear hidden bullish divergence here in 4 hrs chart which can result in a nice breakout that lead us to 10.4K as 1st target. The chart explains you how a hidden bullish divergence and shows you my vision for Bitcoin if we break the resistance line.
Verge got dumped after last partnership. But, it turned out to be a very strong partnership and the dump was actually not justified by the news and after dropping so much we should look to accumulate some verge now because the risk/reward here is amazing and i am filling up some bags now.
Don't forget about the 5th elliot wave! We did a really nice wave 1 and then we corrected to 38 Fib level/ SMMA 50. Now we corrected to 50 Fib level/SMMA 50. What do you think is going to happen now? If you thought that 5th wave is coming you are dawn right Dude and after it we should correct to 38 or 50 Fib level, but for now i am bullish and ready for the next...
Weekly chart has real bullish indicators and we can see that GAS chart is making a perfect cup and i am going to accumulate some here for resistances lines. 1 day chart is also looking bullish and even more important GAS a historic of cup and handles and i won't miss this one.
We can see clearly 4 Cup and handles. 2 in the chart and 2 in the indicators haha Cutting on the jokes ICX is releasing major updates and Bittrex rumour is circulating also . Time to fill up even more bags with such a bullish chart.
I bought some under 3$ ! Huge project and the chart says the rest with Bullish indicators, strong support and a nice bullish pattern. Time to fill bags for the next pump!
In my last post i showed you some fundamental reasons why Bitcoin was looking extremely bullish in the week chart and this week Bitcoin broke the log downtrend that was dominating the market since the last hard correction. Now we have positivity in the market and a very bullish scenario! Let me give you some TA bullish things to look into : 1) Extreme bullish...