will be an interesting trde.. My expectation is a breakdown from the triangle will occur then a true breakout In a totallu=y diff scene a stright up breakout may happen also..Will decide the entry , the take profit regions are market sin green..
using the max , mean and min rate of limb and trend based fibonacci retracements, the levels marked in green are the estimations of the forward prices in bitcoins over usd... For the projection 20th march has been chosen as C point retracement to AB in the abc retracement..! Interesting to watch.. No plans to trade nor invest...
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD WEX:BTCUSD This is a short term analysis on the back of a excellent double top formation in the 4 hrs chart.. After the double top with progressive weakening volumes on the second top , a downtrend channel has started.. While i doubt if the neck of the double top will be retested, as the underlying bullish signature...
BITFINEX:BTCUSD BITSTAMP:BTCUSD COINBASE:BTCUSD WEX:BTCUSD A poor bearish ABCD, at the back of a double top formation in the daily chart, a poor candidate for long, without a good consolidation.. Not taking trade, testing strategy
COINBASE:BTCUSD BITFINEX:BTCUSD BITSTAMP:BTCUSD BITTREX:BTCUSDT ABCD harmonic ion action, to expected price of 22000usd around with a major resistance to this bull run will be market by 0.618 fibo level..
BITFINEX:BTCUSD BITSTAMP:BTCUSD COINBASE:BTCUSD i have a high suspicion that a symmetrical triangle is forming... lets see how it works out, accumulating dips...
BITTREX:LTCUSDT A bearish bat on the move in the house, reached the prz and reversing, will be a bit aggressive with the short cover..
BITSTAMP:XRPUSD POst h&S, downtrend to breakout from the symmetrical triangle...
BITSTAMP:BTCUSD Clear following of the bat
The long trend link was broken after a proce momentum divergence, the prz matches the ichimoku cloud area..
BITSTAMP:BTCUSD an expected downtrend on the back of a divergence and apparently a forming double top, in the positive structure of a bearish ABCD where bullish CD leg is under formation...There is expected retraction from the prz .. Long and short along..!
BITSTAMP:BTCUSD resistance at 0.886 fibo levels to top the move out.. Prz limit set at 0.618 downwards..
downtrend broke .... 0.382 retracement being watched...
BITTREX:ETHBTC A bitcoin appreciation over ethereum story with formation of a trend based bullish ABCD with CD leg under formation.. A short opportunity with 20% bagging...
BITSTAMP:BTCUSD Just some trend line play! considering safe play till oversold position!