It looks like BTC is in a corrrection phase still. From the looks of it, the price will go sideways until Sunday, and then start to make its way back up to the uptrend. I believe BTC is painting a big cup & handle formation on the 4hr chart. I will continue to analyse this graph as time goes by.
Hello guys, I was just reviewing the chart data and decided to take a look at the percentage of each big dump the past two days. I also will include the duration of each dump. On the 15 minute chart, I see that the 1st dump happened at a 1hr and 30-minute duration and dumped at 7.66% percent. The 2nd dump happened at a 1hr and 30-minute duration and dumped at...
It looks like an inverse h&s is forming quite well on the 4hr chart. As well I noticed a bearish bat pattern in formation if the inverse h&s does happen. My prediction is that there is a bullish break out that will start at 10.6k and up to 14k, but once we hit 14k it could be a possibility that we top out there again.
Hello Trading view! I've noticed a recent pattern BTCUSDT has been following lately. If I am correct BTC will follow it's inverse H&S position. Right now a huge inverse H&S is almost completely done. The yellow drawing on my 1D pattern shows BTC's inverse h&s, the orange drawing on the left shoulder is the same pattern I predict the orange drawing on the right to...
Due to the LitePay release date on Feb. 26th, we see Litecoin's making it out of the bearish weekend to see a positive uptrend. My opionion is that LiteCoin will continue to make a gradually increase for the next few hours then shoot passed resistance line(Blue Line). Once Litecoin has passed through resistance line we will definitely see an outbreak. I'm not...
Inverse H&S incoming. Looks like BTC will be slowly moving up all today 2/12/18 . It will stay steadily stay between 9.8K-10.2K all of 2/13/18. As of today 2/12/18, BTC/USDT wil hit high for the day at exactly 04:00 2/13/18. For 2/13/18 through 2/14 BTC/USDT will try to hold it's new support line. Hopefully for a long term up trend.