Welcome back once again for another update on BTC folks. As you can see from the graph, I accurately predicted the dip back to 8300 and how resistance will be seen at 8700-8800 levels. Which is the level BTC is currently on. Volume is still rather low, but signs of accumulation can be observed. MACD indicator shows that prices might still be headed up. Do note...
Welcome back folks, I'm back with a continuation of yesterday. Looks like the support of 8300 as I mentioned was strong enough to sustain the downtrend. HOWEVER, it is to be noted that volume is still rather low, hence it is not confirmed it is back on the uptrend. Might still head down to test 8300 and even 7900 levels. Next area of resistance will be 8700-8800...
Welcome back for another update folks, looks like it was exactly I predicted, BTC would fall to support of 8500-8700 after testing resistance of 9400. Few more days to Consensus 2018 but FUD is being spread around to bring the prices down, probably for the whales to scoop up the low prices for the last time. Looks pretty oversold on the 4H Chart, in my opinion, it...
Welcome back for another update folks, looks like the SEC hearing was just a FUD news to bring prices down, BTC correction looks like it might just very well be headed down to 8500-8700 levels (200EMA support). However, on a positive note, Consesus 2018 will be happening on 14-16 May and it is expected that prices will shoot up during the Consensus, similar to...
Welcome back folks, i'm back with another update on BTC. As predicted, it has headed down to 9-9.2k level of support. Next line of support will be 8600-8800 levels (100EMA of 1D Chart), however that will depend a lot on the SEC hearing on ETH because BTC and ETH is highly correlated and moves together in the same direction together with the overall market. If it...
Hey folks, back again with another update on BTC. As predicted early, BTC failed to make a breakout of 10k due to the lack of volume and is headed down to previous support levels. I forsee 9.3-9.4k to be the first level of support (50EMA, 0.5 fibo lvl) but highly possibly down to 9-9.2k levels (0.618 fibo lvls, 100EMA). Perfectly healthy and needed correction if...
BTC is once again testing the 9k resistance line that it attempted to break not once, not twice but four times in the past! In the previous attempt, it went back down to 6.5k after a failed attempt to breakout. However, the difference between the previous time and this time is that there seems to be more positive news and adoption in the crypto space as of now,...
Seems like TRX is on the resistance of the ascending triangle, might be ready for a breakout or retest the support line. Reason breakout not occurring could be because of the volatile price action happening in BTC at the moment. However, that being said, breakout might still occur if huge volume is observed. MACD looks pretty positive at the moment. We shall wait...
Looks like an ascending triangle pattern is seen at the 1 hour charts of BTC, looks like it may make a break to the downside before rallying back up for further highs as seen in my previous daily charts.
BTC/USD has finally broken out of the triangle wedge pattern to the upside due to a sudden spike of 1k in BTC in a 1 hour time frame. It will be a confirmation of breakout if BTC finds support on 7500 support line or on the support line of the wedge pattern.
Currently on an oversold level for RSI, indicating high possibility of a pullback.
Once bullish breakout...
