Moosa65
It will be in a potential reversal zone soon...maybe we all should be long in the price of 33$... Good Luck!!
I am long on ETH but you can wait until trend line be touched... Good Luck!!
In the chart you can see what I think about BTC in future weeks. In brief, there is no good news about BTC. I think it is unable to break 7400 Fib. resistance out which is evident in recent weeks. Thus, the next Fib. level (i.e. 5600) is where it can reverse its direction and get enough momentum to overcome resistances of the both trend line and EMA100. If you...
BTC was bearish for a while both locally and globally. It is still bearish globally but a crossover was just happened by the price close and 9 EMA which is a sign of potential reversal of the price. I will be long when the 7400 strong resistance and 110 EMA (the yellow one) breaks out.
The triangle support line was broken-out. We should wait for the next bottom, maybe 7k...
The price is in a triangle pattern and should choose its direction very soon. Personally, I think it will go up with targets of 7800 and 8200. The reasons are strong support at 7400 and the local up-ward trend. But, its reasonable to wait for the confirmation which is breaking out of the resistance line. Let's see what happens...
The BTC is in a short-term up-trend with a possible target of 8000-8500 which is marked in the chart. This will happen if resistances of 7500 and 7800 be broken-out. However, going beyond 8500 is hard to achieve due to dominant midterm down-trend which I presented in my past ideas and is linked below. Falling below of 7000 means that this movement is just a fake...
The price is in a critical point which is marked by the green arrow in the chart. If the price be able to stabilize itself in this area, the red resistance line will be broken which is a confirmation of a short-term upward trend with a target of 8000-8500 as the first target and then, 9500-9700 as the second target. It should be noticed that the dominant mid-term...
I have been following BTC for a while and have tried to understand the dominant trend. Here you can find my ideas: 1. the main major trend is bullish which was triggered in March 2017, when the price was lower than 1k, and developed its first wave to reach the price of almost 20k in Decmber 2017 (marked by (1) in the chart). 2. Since then, the correcting wave has...
The upward moving of the price reversed by the Saturday candle meeting the resistance line and the 7400 support was broken-out today. Thus, the downward price movement is confirmed. The possible return zone is marked in the chart. Maybe 6k...
An upward trend was triggered several days ago...maybe this is a right time to jump in!!!