cheese1092
I provide this projection to you based on the Bollinger band and volume analysis. We should see a good volume headfake to the upside in the next couple days.
Descending triangle spotted in the down trend price action. It is more than obvious that this pattern will resolve to the downside. Based on the Fib levels and the previous price drop, I suspect downside target will form just above 6200 range. But be patient. It will take some time until it breaks to the downside. Plan accordingly.
With the current market sentiment, this is probable.
What does this title sound like? if you guessed "PANIC" you got it right. Then what does it sound like before the Panic? Denial! and it sounds like this. "BTC is here to stay. it will come back." As much as I agree with the fact that BTC is here to stay that doesn't mean that I'm going to sit on it while it goes through a contraction cycle. Then what does it sound...
My observation is that we are headed for next two stages of bear cycle in the next few months leading up to the Feb 2020. What I see in the market right now is denial stage of psychology of market cycle. that means people believe that there is not much more to the downside. People still believe this is a short term pullback and willing to sit underwater. What...
20 day swing trade setup. Small position. Tight stop loss.
THIS IS WHAT I THINK IT WILL PLAY OUT. MAYBE. MAYBE NOT. PROBABLY.
Here we see the bull trap of the century. Through out the 2018 bear market, we saw 85% price correction but I don't think we've seen that kind of psychological correction in the community. BEAR MARKET in general tend to stress maximum amount of pains to the BULLS and the market sentiment is absolutely devastated at the beginning of the BULL market. Considering the...
Bull Market will begin at the end of this year. Don't get trapped in by the market. outsmart the market. be the winner.
Happy Mother's day!! EXPECT SELL OFF AND CONSOLIDATION IN THE NEXT THREE TO FOUR WEEKS. I'm expecting NVT signal to turn SELL once we have massive sell off from this parabolic rally. Market really took everyone by surprise by this rally. Everyone thought 6k was expected massive resistance and that's precisely market took advantage of. Anticipating HUGE reward...
I'm expecting another couple cycles before moving up. 200w MA and 50w MA needs to close the gap like it did previous bear market. then bull can really take over. Bear momentum is still in control.
oscillators indicate overbought condition. short squeeze earlier before the pump. Market maker pumping the market higher before the dump to shake out the weak hands. rising wedge. top of BB band. Possible retest to Kijun.