kuberbindra1

kuberbindra1

Channel Pattern Waves E Target 9200 Waves E Fully realized Target 9600 Validation level 8800

kuberbindra1

Bitcoin controlled by Bears Wave D to end at price 8850 which will be a goo sell off area Wave E to end at 7400 which will be a good buy zone

kuberbindra1

Analysing Ethereum on a daily time frame for a swing trade ETH has finished its impluse Wave 1 at 221 levels. Wave 2 should correct at 130 levels which should a a good buy zone to enjoy the rally of Wave 3. Wave 3 can be expected to be at Fib ext 161.8% which will be somewhere around 330 price levels. To summarise: 1. Buy zone: 130 2. Target: 330 3. Return:...

kuberbindra1

As discussed in the previous Bitcoin analysis using the 4H time frame , keep a stop loss at 7800. What next if the stop loss is hit ? Analysing the situation using daily time frame. The fib retracement at 61.8% suggests the next buy levels at 6500. A fib extension can take the price from there to 10200.

kuberbindra1

Bitcoin Bull view using 4H timeframe Bitcoin moving within a Channel Pattern and the most expected correction respected the channel pattern as well as the Fib retracement level of 61.8%. What is next from here ? 1. Keep buying within the price range 8100-8600 which respects the channel pattern and the fib retracement level of 61.8% 2. keep a tight stop loss...

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BTC Analysis on the weekly time frame Bitcoin forming a triangle formation with LHs and HLs. It is currently finishing its Wave D which shall stretch upto 61.8% FIb extension ABC. This shall give the Target 1 as 10,000 which seems to be achieved anytime soon. A further extension of the Wave D to 100% Fib extension ABC shall give the Target 2 level at...

kuberbindra1

Bear and Bull view using 60M timeframe. 1. Bear View: Hive is in currently following a downtrend pattern with LLs and LHs. A fib retracement has indicated that a new low is made at 161.8%. The new low has been respecting its trend line (in blue) till now. With a recent pull back, another lower low is expected to retrace at 161.8% level again which same mean the...

kuberbindra1 Updated 

Bull view on bitcoin using 60 minutes time frame Bitcoin following the Blue trend line with HLs. Fib extension from wave C, D to E indicated the next bull target at fib extension - 100% as our "Target 1" which has successfully met now. The "Target 2" will be at 161.8% of Fib Ext CDE. This can be further tested with another fib Ext starting from Wave E which...

kuberbindra1

Bitcoin on a weekly time frame having a Triangle formation with the LHs and HLs. The wave E is supposed to stretch till the fib extension (0.618) which gives a first target of 10,200. The volume level looks strong currently and MACD indicates a bullish scenario. A further Fib extention to 100% would give us a second target for bitcoin at 14,200 and it will be...

kuberbindra1

Using 15M time frame. 1. Channelled Pattern 2. Buy at the support of 39.5 range 3. Have a stop loss at 39.05 using Fib retracement at (0.88) 4. Fib Extension suggests a sell target 1 at around 42.1 and sell target 2 at around 44.1 levels 5. Profit expected: 7-12% 6. Stop loss at: 1.5% Happy trading

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Weekly chart: BTC trades in the downward trend within the major trend lines (in black) with lower highs and major support levels at 6000 levels and 3100 levels. We can certainly expect the BTC to test 6000 level again. Moreover, as the 50EMA trades above 200EMA, through the backtesting, it is more evident for BTC to test 200EMA at between 4500-5000 levels if it...

kuberbindra1 Updated 

50EMA to test 200EMA Bearish Cross Trading currently at its support at 7400 which should fail after bearish cross and stop at the next support at around 6000 RSI shows strong bears over bulls to push btc down Wait for the further fall untill 6k buy zone as you can see in the green circle ! Patience will reward !

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Buy target: 1190 - 1306 Stop loss: 1050 Sell Target: 1650 Peace out !

kuberbindra1 Updated 

Chart type: Weekly Log chart Historical Analysis: 1. Uptrending chart pattern with upper lows (Long position) 2. Jan-Mar'17 &'18 showed similar trade market with low volumes 4. Breakout in Mar'17 after 9 weekly bars (63d) 3. Strong bullish candles post the low volumes in the past (Mar, Apr & Dec) with growth ranging from 12x-17x 4. 65% historical average...

kuberbindra1

BCH in BTC value has shown similar chart pattern 3 times in the history and a similar chart pattern is expected with the BCH price touching BTC 0.09480 - 0.07152. PS- History always repeats !