BTC bounce 5400k to 7200k then to zones between 4300k-5000k. Its been measured by long support trend lines from the 2011 structure till now. It needs about 2-3 months to hit around 4300k as the bottom then it will goto all time high's. Please be aware that im a beginner in trading but have developed my own skills to master bitcoin, take things at your own risk. I...
BTC 4hr chart using RSI looks like a repeating pattern happening here on the RSI as well, the support lines and resistance and structures seem to all line up. I know not many people believe in repeating patterns but we cannot deny the truth we are seeing here over again. It looks like it will fall from 7420k down to the support line like the other structure BTC...
BTC daily view, RSI settings on 11 i have found to be a good indicator for me when drawing trend line in the RSI indicator. Its showing a perfect falling wedge but the problem is that its broken down the support as you can see. Now i am expecting the next support to be the one below that running from 12-11-17 5500k-6000k-6500k and now the next target would be...
BTC daily view, RSI settings on 11 i have found to be a good indicator for me when drawing trend line in the RSI indicator. Its showing a perfect falling wedge but the problem is that its broken down the support as you can see. Now i am expecting the next support to be the one below that running from 12-11-17 5500k-6000k-6500k and now the next target would be...
Ok guys here is my latest update. We are most likely going to bounce off 6900k then go up and get rejected by the 12k-10k downtrend then we will bounce up again at support then break up the triangle. In the history it never broke down. It is extremely unlikely that BTC will go any lower than 6.5k. This is by far the easiest way to understand BITCOIN how it moves...
the blue is MA 200, Green is EMA 200, Red is SMA 200. As you can see it bounced down from the MA 200 and it went below the EMA 200 then it tried to test it but failed and now we are expecting to see a bounce off the SMA 200 in red. As i wrote in my previous chart we will be testing the uptrend and bounce back as this seems to be in line with the SMA 200 and also...
BTC repeating pattern, looks like it will fall to 7200 and test it. Test the RSI as well, you will see how identical this is
It looks like its in a upward channel (pink box) so if it breaks that down it will also break down the 3k-6k uptrend and we could see a level of 8k as thats where the December downtrend is also the 50MA also the 50% FIB then act as a support before making the next leg up to around 11,500K. There seems to be a daily bearish candle and MFI showing its bearish also....
BITCOIN very strong resistance 9000k-9250K MA- SMA- EMA
50 & 100 SMA is where the december downtrend is exactly, very strong support which i doubt will break it. The 20 SMA is the purple looks like this spike where this spike stopped at. Now its forming small channel going up but its still in the big channel going down. The RSI and MFI showing overbought on the 4hour chart all the way to small timeframes. I find the...
This is the easiest way to read Bitcoin, sometimes we complicate things.
Bitcoin repeating pattern just revealed, could history repeat itself before making the next big leg up??? Not sure if im the first one who sees this. Looks like it will bounce off the 7500 and going down to 3k breaking the 200SMA. Possibility!
Hey guys, firstly i would like to start off by saying i am new to crypto and this is not financial advice please do your own research and know what your investing in before you do. I can see this is a repeating pattern with AMP and the dates match together and its time for it to pump potential %200+ profit short term. It bounced off the support and now it shows...
I drew up a chart on how this Might turn out to be. (Please know what your investing in, im only a beginner into doing TA so take this as you will). At the moment it needs time for MACD and RSI to be bullish, it also needs volume for it to be confirmed. The 100 EMA is acting as a strong support as well at the Fib retracement support. Please be aware that Bitcoin...
Fib retracement showing 4000 is where the resistance is. If it goes above its your choice to buy and if it doesnt then it will stay under 4000, by that time i feel it might go over the 200ma as well. Please be careful we are in a very unstable market right now and bitcoin can wreck this plan. Know what project your buying into and always remember its easier to...
with the news about OMG i feel like this will break the top. Ichimoto cloud showing bullish signs on daily chart. You can buy if it breaks up with good volume and use your own chart indicators and always look into anything before investing your money. I feel this coin will be excellent from 1st March and onwards. It might be a good time to buy your alts now since...
I think this will continue to be stable until it breaks the top line