BTC's classic Iguana formation shows that 18,8k by February is within reach. Expect a very small daily correction today or tomorrow. We are on a TD 8 today and will be on a 9 tomorrow. Weekly, One more week of upside, then a 1 to 4-day correction. Then we go higher to new ATH's
Finally one of the giants awoke as expected. Its growth is sensitively affected to the behavior of the BTC and crushed by the BTC / ETH pair.
BTC has bounced on the yellow support that has been followed since mid-September and also on the 61.8% Fib. retracement after following a clear head-and-shoulders formation, one week ago. Now it is back on a higher parallel support and it is showing to build a bullish pennant pattern. Also, the RSI doesn't seem to show any divergence. If the price breaks out of...
Target 1 : 8.6K Target 2 : 10K Buy after 8K breakout! Happy trading.
Using the bull run from the beginning of November as a historical reference here is a possible scenario playing out that might take us back up to the ATH area, and the top of the channel. A small pullback, or profit taking shortly wouldn't surprise if this is indeed the way it plays out.
Based on the history of bitcoin after negative news btc always drops to consolidated value. It's no different with the segwitx2 cancellation, it's just this time the consolidation has past it's initial low point and is now moving towards the second phase. There seems to be a nice upward triangle wedge every time after initial low. And the total recovery time from...
As we can see in the blue highlighted area's Okcash has already bottemed out and is ready to start a new rally. Highlighted in yellow we can see a fake breakout caused by rumours about Palm Beach Research Group endorsing Okcash. The volume during this fake breakout shows that this market is ready to make some big moves again just like in early september. Okcash is...
BTC going through a well needed correction but I expect ATH before end of the year. Good luck - Phaze
Height of the triangle was $350 to $450. Based on that, we may hit an ATH of 7,400 to 7,500. Let's see.
Up or down depending on where it breaks; but based on height of the triangle, that may be a $350 to $450 move... It's a small/short triangle horizontally, so the breakout will be very soon... hold on tight
Bitcoin has been consolidating after the masive rise in the begining of the month. It have recently made an all time high but is now kind of holding the support levels of previous ressistance. That as well as hammer candles indicate we´ll soon be uptrending again. A bullish pennant is formed and the RSI is making contact with the trendline and is expected to reverse.
Hello everyone again. Back at it with the LTC. Lets forecast LTC because we know LTC needs to be over 100 and I have some great news. It will be. Because LTC is not in a pattern like BTC that can be recognized on previous ATHs we can now verify the last ATH and pattern with it. After LTC ATH you will notice two humps, little hills before a major ATH. The Little...
Make no mistake about it. We lie amidst the first wave of calamity. Amidst calamity, it is never so easy to see what is going on, or where things are going to go. If it were, it would neither count as calamity, nor would it be the case that most traders lose money in the market. It would also mean there was no money to be made in the market, and we wouldn't be...
After strong upward movement we can see price falling from new ath to this moment. The price found support at 5621$ level - we should see bounce to 5900$.