As explained in the chart. Fib retracement of 0.618 extremely strong support level, almost perfectly hit by BTC price. Strong signs of reversal with high volume spike, RSI oversold, market capital of entire crypto market rapidly going back up. What a ride. Still expecting a parabolic rise after this correction. Corrections in a bullish wave are healthy and...
Do we move to complete massive head and shoulders? Does BTC correct 75% before next leg up.
IOTA - If it breakes above the pennant, the target is 6.37 . You can also follow my other social media accounts. thank you for your likes and comments :)
We are talking about plunging capital from one currency to another. Next time (and now I see it so) how much btc falls, so much BCH grows. Right? $ for $, but bch gets pumped while BTC drops and buybacks again. Does not it sound familiar? Watch out, when btc was 8,000, bch is 1200 with 3200 bumps btc was 8000 and bch 3200 it is a ratio of 0.4 Was also 0.5 1/2 BTC...
LSKBTC - LISK ... Will support channel work again? Will see... Please follow, like and comment. Thank you :)
MCOUSD - AB=CD Pattern ... Please follow me to keep updated with the analyses. Thank you for your likes and comments :)
LISK/BTC - Good RRR. thank you for your likes and comments. You can also follow my other social media accounts.
Hey Everyone, As I wrote you the price in the weekend will reach below 7K now at this rate it's still good to buy don't need to be greedy and wait to get even better rate cause you can miss the rate, the correction probably will be soon as you can see with the indicators. and the support line is very close to the actual rate, as I mentioned before at this rate...
BTCUSD Divergence - I think the target is 12.100 for BTCUSD. I know you think that i am a crazy but this is just a technical analysis. Please follow me and go to my telegram channel to keep updated with the analyses. Thank you for your likes and comments :)
After bitcoin 1.48% made new ATH 1.09% at around 17100 we observed a bullish flag continuation pattern that was completed and retested. The first target is the height of the flag pole which is at approximately at the 20000 price level which is also a psychological resistance level (Round number). We also have a confluence with the 1.618 Fibonacci extension level...
Bitcoin appears to be trying to break free of the downtrend it has been in ever since peaking at $17,171 on Thursday.
As I say on the chart I believe that the price action of BTC over the last couple of days has been a bit irrational and there needs to be a cooling off period. IMO we could either see BTC drop back down near the trend line before starting another uptrend or grind sideways for a bit (consolidate) before making a move higher. Of course, I could be totally wrong on...
Correction time. FOMO is driving this pump with Media blasts about the recent ATH. We will get a break out in the the next few hours however, down will be the ultimate movement by the end of Sunday the 3rd. This is not advice. I don't need to be right or wrong. I don't care if the market goes up or down. Make your Own analysis and trade off of that. If you...
Today BTC has blown right through the $10,000 level, and it did it with relative ease. I really thought that it would take many more attempts and possibly a pullback before it would break through. I remember how it struggled to get through $5000. It failed after several tries and then had to go through a major pullback before finally breaking $5000.
Well here we are approaching Sunday on this fine holiday weekend. The Death Star exchange has been pumping with action. Each and every day and night. The public has spoken. Non stop price action. To continue from my previous BTG chart. Looks like BTG might settle in here somewhere at the green support levels. On the chart you see we have have a steady Red...
This is one possible scenario that I believe could play out in the price of BTC over the next week or so.
BTC looks to be forming a Pennant Pattern in the 4-hour time frame. BTC made an incredible 41% V-shaped recovery in about 4 days, looks to be consolidating before pushing higher.