This is a Descending Bearish Triangle
Hee Haiiii, Bitcoin has shown some weakness and the bears are getting back in control for this fight. Bull had their final breath and this is only the start of the upcoming downtrend. In the chart you can see that there is only 1 gap not filled. A test to the 8k region will happen but the most important part if we will break this support. If we are not going to...
Hee Everyone!! :) There is being formed a Hanging Man what is a bearish indicator for some downtrend coming in. What will this lead us to? The bearish scenario would be to meet our old support of 6500/6000. This would be a healthy correction and it could be the last accumulation phase before the bull market starts. If this support gets broken we will see the...
Hee everyone, BTC Dominance is rising so much that it is becoming time to buy alt coins. Here is my top 11 alt coins for my shopping cart. The ranking is based on the balance I hold. Hopefully this will give you some insights! What are your go to alt coins? Let me know down below!! XRP: XLM: IOTA: ZRX: ENJ: BAT: OMG: WAVES: ICX:...
Hee everyone, Today I would like to discuss what would be the healthy situation for Bitcoin, the mother of crypto. A correction, everyone is waiting for it and it needs to come for a healthy market. Of course there is a possibility that it won't happen but this analysis we will discuss the healthy scenario. With the Elliott wave I tried to get a good overview...
Hee Everyone, The month May will become very important in my opinion. The halvening, the golden cross, everything has helped us this month for the final move before the final accumulation starts and the bull market can go on his way. We can clearly see a left shoulder, a head and now the right shoulder is forming. TA Can't always be perfect so don't expect a...
Hee everyone, We said earlier that new resistance turned into new support, this support got easily broken by the Bitfinex and Tether drama. With this new support being broken we got set back to our old trading range of 10,20%. We have seen new sell orders and shorts being set between the 5400 - 5650 range, is this gets broken we would see a rise to the 6000...
Hee everyone, Welcome back to my analysis about Bitcoin for the short/medium term. This time I used the Fib Retracement because it seemed to be very popular at the moment. Everyone is trying to find a way to see where Bitcoin will be stopped out if we see a Pullback. In my opinion this pullback will happen 95% sure, but the next question is to which range? With...
Good evening everyone! :) There are a lot of analysis that takes my attention and I would like to give a shoutout to: @TradingShot. These guys are killing it with their analysis and I really get my inspiration from them. But I would like to share my analysis about Bitcoin as well for the upcoming 7 weeks, let's begin! Bitcoin has showed some downtrend that...
Just wanted to post this and see how it plays out :)
I think it's time to go down. We have decreasing volume and we are failing to break 4100 lvl. Time is here Time is to go down - Hans / Plaxidoeda
Just a quick idea about the current situation.
Hee Everyone how you all doing! Welcome back to another analysis. Personally I'm using this chart for accumulating but it can also be used for a short trade. Short Trade: Entry: Around 4000 TP1: 3271 TP2: 2777.50 SL: 4261.00 If Support at 4200 gets broken we will see higher highs. Accumulating: 75% - 3271 25% - 2777.50 Thanks again for you time...
Hee Guys and welcome back to another analysis. We are seeing the near end of the rising wedge in the chart what normally comes with a pullback/dump. We will still be in the triangle but I think we will have the same thing all over again and then a drop to the 3k region. People are saying there will be a break to the upside but with this rising wedge and the...