Imagine a world where BTC only goes up!... Now give yourself a hard slap - That world doesn't exist - What goes up, must come down. I'm expecting some volatility over the next couple of weeks... Lets see!
Falling wedge pattern, coming to an end. RSI is less than 50 - Showing a current Downtrend. It also signifys that it has a lot of potential for a pump. It's currently in accumulation phase. MACD shows a change in momentum coming around, with gradual volume loss on selling pressure, although still showing bearish STOCH - Shows it is now entering the buy area <=...
First published this a week or so back, It played perfectly for the top. Now onto forming the handle, the FIB .618 is at $59.2 which we also bounced off in the retracement earlier, however for it to become an actual handle, I'm expecting a week or two of movement around $68 - $53k range, before we push up for another run, where we will set a healthy new ATH
Last couple days, has given us a wedge formation, which tells me that BTC is going to make a move in the next 24 - 72hrs, as it nears completion (Due to it being a weekend, 72hrs...) but I do think, sooner rather than later. This "wedge" is neither bullish nor is it bearish, so I can only go on the overall trend currently, which is inherently bullish. The 25d MA,...
There are other indicators needed to confirm for this to yet play out... But this is a good sign, and figured I'd get in early on this, and shout it out. I do believe we are about to enter another phase of the bulls running, based on the MA Crossing the Baseline. As per usual - DYOR and never take anyones TA as gospel. Happy trading
Recently there was a lot of hype about hitting the $50k mark, I believe this to be the pre-bull hype we saw similar before the bull run. After this hype there was a correction, before the actual run. Now just because it previously did this, doesn't mean it will do it again, and if it does, timescales aren't guarenteed. I think BTC is due a correction here, at...
Okay - If you didn't know ENJ has pumped due to Samsungs press release and the fact they are releasing the Unity SDK shortly... BIG THINGS :D Secondly, I have done a quick look over the chart and see this in play There is a H+S in play on the 1h time frame which brings into a Trend change (Potentially, as its wonky) - Yet there is also a double bottom in...
So looking at the candles here - I think I see a small pattern and potential breakout for NANO. So theres an inverted hammer that leads to a drop, followed shortly by another inv Hammer that rises shortly after... Looking at the MA 14 and 50, We are close to breaking above the 14 day MA, if we do this, I do expect a nice little run that will bring us back above...
**This is my own thoughts - Nothing more follow if you like** If you follow the EWT, Then this is expected to drop via A,B,C (Not shown) - However to me it is fairly obvious there is a current uptrend with DGB. I think if this channel continues then we should see even further gains to be made, I have set myself a target that I would like to achieve - However...
Okay - I'm not setting targets here - This is what i see over short term, History has a way of repeating itself... So far we have seen a return to mean price - You all think this has been a "Crash" but it hasn't - back track on the charts and your see all we are doing Is returning to the mean - So, saying this, I expect a bounce incoming within the next week, but...
Chart says it all - No need to bore with details - Make your own mind up If Breakout is confirmed - I shall be bullish again
Good Evening After looking at the chart and trying to make sense of everything that is happening currently within the market - #Wheresthebulls - I wanted to share some thoughts with you guys. I have color coded it for an easier expression of what my thoughts are, and hopefully so you can follow along. The Yellow line indicates a possible new trend line - I...
BTC - Seems to be returning back to it's average Growth Value - This is nothing to worry about and BTC is not DEAD (Not yet anyway). I personally don't have much interest in BTC myself as a use value - However it is used to trade with ALT coins. I presume that this 6 month bear market we have been in is literally just to bring it back to its average growth value...
Since the Moon episode at XMAS - We have been following in a declining wave, I believe it is near the end of that wave and we will soon see a return of $900 usd I have matched a previous High before the moon, with the last high we reached this year before the decline again. Thrown abit of maths in there and the overall percentile difference is not that much -...
Okay - Good and Bad news 1, The Bad news first - BTC isn't likely to get any better before the end of the month, i.e no Bull runs are likely to happen 2, The Good news - If we can break out around the the end of the month of this declining wedge - We can officially class ourselves in Bull Season and expect to see new highs. Going back to the previous year there...
Doing this as reference to look back at by the end of next month - Follow at your own discretion I see a "Balancing" in stages between each dips high and each rising high - They almost perfectly match up symetrically candle for candle - Which for me, shows that next month will see some returns on this, if the corresponding pattern continues. On the Truss - I...
So a pointed cup formed on AE from launch... It is not a perfectly rounded C+H so be aware - However I do believe this coin has the market to grow This is just an analysis for me to be able to reflect on againn in around a months time - If you follow then follow at your own pace and risk