I guess that situation can repeat , because we doesnt have any accumulation to set new All time high on the first try, so may be ETH will make some efforts to break out the resistance like it was before. I chose target 5000$ because it is 4.618 Fibo lvl and the highest lvl about 1500$ was also on 4.618 Fibo lvl
Now we can affirm that there is a flat on the market , so only after exit from this channel I can make suggestions about next price movement . Price is going from support to resistance of the channel , I guess price will go to 12k after breaking 9300 but if bitcoin wont find power to do it I wait a correction to 8300 and then 7800. I noticed that volume is...
I am not Bitcoin hater and I hope it wont happened but chart show that it can . Of course 20k target is huge but may be 10k is really possible. It can grow organically with Bitcoin , or will grow during Bitcoin's fall . It is not signal to buy only my extraordinary vision which I want to share
After 2 sharp bounces bitcoin is trading above support line, it is bad sign , so we can see the breaking out this support and fall to the next support line and support zone in 5000 $ .So be careful now . I showed key lvl which has decisive meaning
Our favourite pattern H & S , there are some supports below , after touching the first we can decide what the next movement will be . Of course to not lose your money you can set stop losses under the every support and then buy amount that you need insteed buying in parts
Litecoin price depends on BTC but if Bitcoin wont fall and will grow I guess Litecoin accumulation in zone about 150$
I dont have time to write smth , cuz it is falling every second XDD.Volume confirmed Double top and I guess that the down trend is not over . Sell point 9000 )
I guess that Ethereum - correction is not over . Ether needs an accumulation for organic growth. If it fixes below the important support in 788$ Ethereum - can go to the next supports 400-500$ and repeat the same situation like in the previous correction. Also we can see a low volume . May be it is weak for growth now .
Bitcoin broke out the down trend line , but it was with low volume , so we can consider it like the second false breakdown . To confirm the break down we must pass 11 800 lvl with high volume . I expect volume increasing in key point and then price will show what the next movement will be (12800 or 10000) . I guess that 12800 is more likely than 10 000 . But...
We have false breakout and the following big sell volume so the smart money isn't interesting in breaking out down trend line. On 4h timeframe Bitcoin was growing without any retracement it means that fall will be deep and I guess the fall to 9000 after breaking sell point on my chart . Alse there is big RSI bullish divergence on 4h time frame . Make conclusion...
Bitcoin is forming dangerous Head & Shoulders pattern . Volume is low . It means that demand is small and this price is not interesting for market makers .Also BTC couldnt break downtrend line .If volume increases with up bars and we break out trend line we have clear way to 9800$.But in the other hand breaking out the neck line of H&S pattern will mean the...
We have big buy volume like in previous dumps . I guess possible accumulation in 9-11 k before the next movement
Everyone says that now is a good entry point to buy Bitcoin and now is a small correction like before it was. But previous corrections were no more than on 40 % what was perfect for next up movement, now It made 54 % correction from 20 000 $ and I guess it is not over. Why? Looking on past price decreases we can notice that after sharp dump the immense buy...
Fixing candle under the support zone or under 0.618 Fib lvl should mean next fall to 0.5 Fib lvl , but including that there is no support on this Fib lvl , Bitcoin can pass it and touch next support or 0.382 Fib lvl (about 8000$)
I guess now Bitcoin Cash is in accumulation phase , I see only huge buy volume and low sells on different timeframes , my previous prediction was about reaching BCH 4000 $ from 1500$ . And it went correctly . Now BCH depends on Bitcoin but few weeks ago when market went down BCH was going up . The similar situation can repeat . Now trading is risky because...
It is situation for stable market and stable Bitcoin because ZEC/BTC chart shows big following growth 1st target 1100$ 2nd target 1500$ 3d target 2000$