Head and shoulder formed on ADABTC Price target would be about 2800 satoshis, which is very close to the 50 and 100 days moving averages.
Breakout from the descending channel likely now for BNBBTC. Further upward price movement would result in a nice cup and handle on a longer time frame. Further downward movement would likely find support before 13.8k satoshis, where a stop loss can be put if you buy now cos you want to buy a lambo soon. Target of the c&h would be ~29k satoshis for MAD GAINZZZ
We do technical analysis on prices but let's have fun and also do it on the number of shorts on bitfinex. Bear flag has recently formed (shorts being liquidated) on the BTCUSD Shorts chart. Remember that we are talking about the number of shorts, not the price of shorts. Last time bear flag appeared was in early Feb and resulted in further downside action. We...
A bounce at 6151 SUBBTC or sooner would be anticipated to reinforce the possibility of that formation Target would be ~9750 SUBBTC, or +35.8% from upward breakout
Upward breakout likely for BTCUSD. Volume is still looking bullish Target would be ~8.9k
I favor option 2. so I can buy cheaper =) And also because a bear flag is at play
Current price seems to have found support at the 200 days moving average AND the 0.618 Fibonacci retracement level from before the bull run which started in ~2015 If price keeps going down below that level, we are all doomed
NEO previously broke out of a descending triangle and is now forming a wedge
Going down? I think so Needs a proper retracement anyway