Well, some posts are not that popular, but I keep telling my thoughts and till now they came true. Its quite simple, every trader is nervous to buy-in on time not to miss the jump up, when it comes. But...bitcoin is unreeling its market cycle and as a grounded trader, for those who are, you see it in all its cycles and moves. Sure a jump up is around the corner...
Bitcoin in a little triangle that I guess, will breakout in an upside. In the bigger picture still bearish pattern. Big whales are not picking up so expectation is what I posted before. Two pictures here, one detailed, one 1-days with a pitchfork. As you see, majority of candles is at the underside of the pitchfork which indicate a downtrend as well. Expectations...
Good morning. Rough times though as a trader. Bitcoin is in a full retracement. Expectations for a buy-in at $8000 is quite uncertain. I made a full TA regarding its full market cycle that's showing to move to a full completion. It wouldn't wonder me if bitcoin could go back to 88,1% Fibonacci retracement where we find a new buy-in at around $4000. Some colleague...
In my previous post i play big attention to one area "X".
Hi there, Before I start I will show you the total marketcycle of bitcoin. Its finishing this marketcycle. Expectation going down before a new marketcycle will start. Then a more detailed look. Bitcoin broke through its resistance line and through the 61,8% line which means fully bullish character. (yellow circle). I hear you thinking, till what level will it...
(*EDIT* The purple band is a bit fiddly to get right. PLEASE - adjust the scale on the right-hand side until the ALL THREE of the "3-4" lines are across it. THANK YOU!**) ETH travels a channel over time from relative weakness to strength and back again against BTC. On a log scale you can see the market cycle beginning a third very predictable ramp right now. My...
I've tried to make this chart look as least intimidating as possible, because that always makes for a good chart! The market cycle playing out is a fractal (elliot waves). Entry is at the 50DEMA. Time-fibs have been spot on in the previous cycle so they're worth considering in this fractal. Also, the fib-extension from the last cycle is relevant to this cycle. I...
Welcome back traders, I hope you had a wonderful Christmas and New Year! We're now getting back into the charts it's a brand new year, new opportunities and what a start it has been :) cryptocurrencies are through the roof! Today I'm breaking down two assets which are breaking records and funnily enough one of cryptos most well known rivalries, ripple vs....
Every market cycle has it's end and thats something good ;)
The CryptoCurrency $ETH appears to have a regular yearly bottom vs. $BTC right around mid-December, following which we have seen a long-term uptrend lasting until mid-May. $ETH is currently trading around the 0.056 level in the $BTCETH pair and, assuming it will move upward and break above the 0.06 level, I believe we are bound to see a repeat of this yearly market cycle.
$BITCOIN , can we get a new chance to hold more ?!
Some fractals + an elliott wave cycle in the making in a big ol' wedge. With the bull market we are in these setups keep showing themselves My strategy is to take some profits slowly on the way up and set buy orders to catch the dip, I like to watch the tape as ATH is passed to keep a pulse on the momentum. This strategy helps build a hedge with fiat and avoids...
Seems like it is in the depression phase 1-2H Stoch RSI is on floor however higher time frames are curved down at oversold We need to watch if it breaks the blue trend line with volume and red trend line
Will BTC market follow the Elliot Wave cycle which governs the financial market? It has completed the first 5 wave as expected (My last post) and we're seeing the price is stalling at the 1.270 extension (5th wave completions).. I am eager to see if BTC will obey the Elliot Wave rules. If the structure holds, we're likely to see BTC drop down to $3,000.
Waves were drawn on 1D candles.
Growing political & market instability will cause $GOLD to regain traction as the new market cycle begins.