Many people are super excited about Bitcoin breakout but they not realize that now BTC acting like shitcoins. This is very disappointing, this shows there no real interest in it. It's life depended on PUMPs. It is play ground for whales, this Bitcoin isn't that Satoshi Nakamoto liked to be. So sad.
This don't need explanation every things is visible clearly, it can breakout upward but usually a normal H&S must break down. Let see which way it will choose.
A Bullish Gartley pattern is under forming on ADA chart, first it will go down to the Point D . Then it will reverse the trend. If BTC start it's Bull run in next days it is possible this dip of ADA be the last one in this year.
This is what I see. The ADX line shows us the BTC is in accumulation phase and also it shows the past 23 days of BTC moves was not a Bull trend the ADX didn't go higher than 25%, Thats very bearish. Currently price consolidates in a rising wedge which is made between uptrend line and the 25% level line of fan, this is also bearish. At the end of chart we have 3...
Rejected by 100 MA and 100 MA crossed under 200 MA. If it not get pumped we will see it at 6200 even 6000. There is a big buy order for 162 btc at 6200 on Binance.
If the fibs 0.168 level do not hold it target is 0.00001165.
I just like to show you something I saw on Binance order-book. This is big buy orders (support lines) arrangement on Binance before they disappear from order-book. i.imgur.com One thing I don't like about Binance is they don't show the whole order-book or market depth. They hide the big part of it from public and this lets the whales do what they want. This is...
This type of patterns won't work well on AltCoins but these are extreme ends for it's move. Currently it seems it is going bearish.
Today is the day of inverted cup & handles, it's visible on many coin's charts. For BTC target can be 6560.
Target can be 7000 if it not go lower. It broke down exactly at the time of making it.
The current market volatility is beyond my limits and I decided to stay away from it and have some fun. Yesterday we saw a crazy price action in BTC market and I kicked out of my trades on Binance. In that time, I kept my eyes on order book and I saw some good stuff there. Just look at this screen shot: i.imgur.com Whales sitting down there to buy cheap...
This Inverted Cup & Handle pattern is visible clearly on every time frame of Bitcoin , also volume decreasing which is Bearish when price rising. Possible target is around 6600-6700. This pattern is visible on many other coins charts like ADA , TRX , XLM , ZRX , BNB ,... and even bullish NANO . They following BTC .
My stop-loss order got filled. My thoughts are on the chart.
This is a reaction against BTC price drop, it is'n real bull run. Be careful.
As you can see ADA has finished it's long Falling Wedge at very bottom of slope.Now it slides on the ground inside a side moving channel. In the picture below you can see clearly a strong Bullish Divergence and the change of trend from falling wedge to side moving channel. I tracked the volume of ADA and in past 24 hours it decreased by 850 BTC but the price...
Who will wins the battle, Bulls or Bears? Bulls are very strong right now, they made a green week of life for Bitcoin. They destroyed the great wall of Bears at 6800. But they now must to destroy 3 new great walls. First the resistant line at 7700 then those 2 trend lines. If Bulls win this battle it's very likely to see a new Bullish trend to much higher...