There is major hidden bearish divergence on the KDJ. My three targets are at 10.5K, 10K, and 9K, give or take a hundred above or below each of those.
Bitcoin's sideways price trend has been going on for over a week. Locally, if it breaks through the level of $ 9850, BTC will go down to 9350 area. Globally, there is an uptrend and we have consolidated near the lower boundary of the bullish flag. Best regards EXCAVO
We raised the price 4 times before summer. And then we went all the way down. There was also a dump four times. And the recovery by the end of summer. Now the situation looks like Istria in 2014year. What do you think will happen with Bitcoin in the summer?
JUST ANOTHER SHORT TERM BULLISH IDEA... SYMETRICAL TRIANGLE+ ASCENDING TRIANGLE = CONTINUATION PATTERN ? WE WILL SEE... ;-) thank you so much your comments!! This one also coming from this idea: Love and good luck!
Does anyone know exactly how the value of this symbol is calculated?
Hello everyone, we can see that $BTC made a new high during in the last hours. It stopp right on the 50 of Fibonnaci (from 13800 to 7200). The first wave may be done, the 2nd wave which is a correctionnal wave has the potential to correct 100 % of the 1st wave. Here I place a Fibonnaci and we can see that it already corrected 38.1 % of the 1st wave. It could keep...
Looking at the 4 hour chart here. We have retraced from the down trend line as expected. Two main factors I want to point out. 1. We are flirting with a very very important level here. The 11k zone has acted as support and resistance over the past few months. It also (not coincidentally) coincides with the .618 Fib level. This is the perfect technical level for...
Hello everyone, I have considered wave count in many ways, but finally found a perfect way to analyse the wave count. There are many reasons for buy at near about 7000 (If market goes to this level)- 1. Trend line support. 2. Previous 6800 support. 3. 38.2 fib retracement level at exact near 6800. 4. Bullish Alt bat or bat pattern formation. 5. And finally and...
When looking at the bigger picture, we can see that bitcoin has formed a pennant. A pennant is most likely to break out in the direction of the trend, wich is down at the moment. Still a breakout in the other direction is possible. The next opportunity to long is close, when we look at EW. We have had 5 waves up, now followed by a correction (ABC). Now btc is...