BITCOIN MACRO VIEW: PRICE AT 1.618 EXTENSION In today's content, I discussed the macro structure of btcusd. Price just hit 1.168 extension of wave1 (3100-13888). 1.618 extension is in general an "Important" directional resistance for wave3. If price gets "rejected" at 42-44k, bears could look to drag the price down to 2D 21ema, which is a a crucial macro...
BTC closes the daily candle with a final 6H bullish continuation candle. SELL volume has been increasing over the last 24-72H even though price is making higher highs and higher lows. Next target at +44K ( which is wave3, 3800-44k) is 1.618 extension of the macro wave (wave1, 3100-1400). Since volume is increasing approaching 1.618. this is time to exercise...
If this structure plays out for LTC, it will be a buy at 95-105 again, and add on at 87 for a possible 25-30% swing back to 125-130
LinkBTC has completed its 5w impulse move. Wave4 is at 15000sats and will a very good support for the next capitulation Linkbtc has been one of the best performer over the last 24 months starting at 2000sats around August 2018 and looking to pick at 70000sats: Thats s whooping 2750% gain: Incredibilente!!! Many investors will most like get another chance to...
Four important keys to note on the 5D chart for BTCUSD 1) 5D 21ema has been a key support/resistance 2) 5D LL divergence with MACD double crossover 3) Bulls territory with a close above the 5D 21ema (7650) until a strong sign of reversal 4) MACD double crossover
EOSUSDT VS GUSH EOS Bulls needs to hold support at 1.5-1.7 See chart
B ITCOIN 50-65% Capitulation: Key points in the chart Moving Avg : 21ema & 100ema Time frame: 5D Chart 1-2014 65% drop after death cross 2-2018 50% drop after death cross 3-2020 50-65% drop after death cross 4-Target Buy 4000-3000
BITCOIN Capitulation 35-50% NO comments: Read the chart! Follow me on YT "sen crypto" and Twt @sencrypto0
DJI & BITCOIN ARE HIGHLY CORRELATED When DJI bottomed on March 2009 (GREEN), this was when btc was created, early 2009. This also ended the global financial crisis of the early 2000s. On Oct 2011 (YELLOW), we saw a retest of the 200W ma on the DJI around 10500. This retest resulted in a massive surge in the btc prices: price rose from $2 to $15 or approximately...
BITCOIN DOWNTREND BELOW 6K IS AS FOLLOW. The bitcoin fractal is still playing out as expected, THE SUB 6K area is where bulls could find the strongest support. W time frame is in control as btc is ready to break the W 20ma at 8450 on bitstamps. If that happens, bulls will have to step out of the way for the next few weeks before any strong bullish momentum could...
BITCOIN MACRO TREND BREAKOUT!!? YOU DECIDE! The 3M chart is extremely bullish for. Major resistance is 10500 on 3M. A break above could trigger massive uptrend. One has to remember that this is 3M. There it will be a lot of noise on the daily when trying to break 12k and 14k. But buying and holding for the next 18-24M could be the key However, a break to the...
NEOUSDT UPSIDE POTENTIAL 35-40 OR JUNE-JULY 2018 RESISTANCE It already broke out the triangle Downside side potential is $7 for re-accumulation. 7-5 is a strong support for Neo.
CRON TO START A NEW UPTREND: It is currently at 0.236 pull back of the entire wave. it $7-8 does not hold. we could look for a possible entry at 3.5 or 0.382 pull back.
CMTBTC READY FOR SOME ACTION Apossible 30% move to the upside It has build up a lot of momentum recently
ARK EXTREMELY BULLISH: After zill, Aion, ICX and Wan all broke out, the next coint to have a 30-40% move is ARK. Nice divergence just like icx, wan and zilliqa.
DECRED ON A BULLISH MOMENTUM: BULLISH DIVERGENCE HUGE ACCUMULATION ON BINACE BIG SUPPORT FROM CURRENT PRICE VERY LOW SUPPLY 90-110% TRADE OPPORTUNITY CHECK THE THE CHART FOR TARGETS AND STOP
lend looking promising. Price came back down to 0.786 after the upward correction. Now it could try to make a 1:1 extention at 145-150 and a possible follow through to 165 In case the break out fails, there is an accumulation area at 86-95 Very low volume and volatility but big buy orders on binance