tolgi

tolgi Updated 

Hello! This is my personal opinion. Not a trading advice! From the 1D chart we can clearly see the resemblance with the previous swing which happened between May and August 2020. The patterns look very similar. Watch for RSI, MACD.

tolgi Updated 

BTCUSD Bearish Pennant vs Symmetrical Triangle. Who wins? 22,000 or 46,000? MACD and RSI both look optimistic though.

tolgi

Hello, all Here is my personal view on BTCUSD market. We are still in bearish trend and are now forming a clear continuation pattern - bearish pennant. If it works as supposed too, we can see a drop to a next strong support zone, which is around 24,000. On the other hand if this is a symmetrical triangle, then we can touch a 42,000 resistance level. MACD...

tolgi Updated 

Previously, I specified a clear double bottom and optimistic RSI and MACD indicators. Now I can (personally) see an inverse H&S formation on 1H - 4H. If it works, we can soon see 44,000 USD per BTC. This is just my personal opinion and not an advice for trade.

tolgi Updated 

Hello, all First of all, please don't panic and sell. If you can read indicators and patterns, you could see that at 33,000 it was a strong support earlier this week. Now we see a clear double bottom formation 4H time frame. RSI shows a positive sign too, for example at 4H you can clearly see a rise from oversold towards the middle of the trend MACD is turning...

tolgi

Hello, people! We can witness a formation of a head and shoulders pattern. Since we are still insider descending channel I would expect the price to drop to $8,100 (CEX.IO). My previous post explains why we can still touch $6,000. We tried hard these days to break through this channel but failed on every occasion. RSI and MACD both show on smaller time frames...

tolgi Updated 

Hello, people! Here is my amateur analysis of BTC for next 2-3 days. 1. We are still going down within the channel. After we touch $6,000 we will try to break through fibonacci levels 0,382 and close there firmly. 2. Fibonacci shows next major support at 0,236. 3. We are still below moving averages 20, 50 and just touching 200. 3. MACD shows downtrend on...

tolgi Updated 

Hello people! Here is my amateur analysis! Uptrend for BTC. I will be short: 1. Higher lows are forming meaning uptrend. 2. Breaking into resistance zone. All we need now is to close firmly above $8,600 point to expect further growth to the next point which is $8,934. There is still a resistance, as you can see from the wicks. 3. Increase in purchase volumes,...

tolgi Updated 

Hello, amateur traders and beginning investors. My analysis of BTC 6.89% should not be used as a setting for purchase or sale. It should rather be used to see the patterns that you might have overlooked and it should or should not help us predict the next move for Bitcoin 6.89% . From the chart we can see that: 1. Volume dropped compared to a situation few...