What to look for! A break of the resistance could mean higher move, a breach of support/200ma could spell strong move to the downside!
Bitcoin bottoming from here is likely due to signs of fractals and bullish divergence at the oscillator which are the MACD and RSI. Inline as well with CCI (Removed it so the chart is not congested). Inline with Elliott Wave theory and its subwaves finishing along with Fibonacci golden ratios 61.8 matching it. I see 2 possible bottom. 1st support box is the...
According to my elliott wave count we have completed 5 wave cycle and we have entered a correction phase since btc met 14k. Because of that as wave 2 WE CAN NOT FORM A TRIANGLE and it is not a triangle. Everyone calling it a triangle, may be it's not! So what now? Now we started a wave up and then a retrace to golden ratio and from there a brief appreciation to...
Hey cryptomaniacs, I will not talk too much and let the charts speak for itsself. Watch the update-section to see every evidence. And as always, this is just my view in terms of technical analysis. KNOW that BITCOIN is very volatile and risky - TA doesn`t matter sometimes here! ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate...
For anyone interested in chart patterns there's a pretty decent looking Adam & Eve formation happening on the BTC/USD chart. Currently at resistance around 10.8k waiting for a strong move up to confirm the pattern. Expect price to make it to 11.5-11.8k region and with enough profit taking to bring price back down to test the horizontal resistance at 10.8k and into...
Bitcoin here at $9639 is looking like a great buy its very over sold on the RSI with it hitting below or close to the 30 on multiple time frames. We have established a high at 10227 and now we should be looking to establish a lower high and It looks at if we might be at the low.
im not professional, this is only my persnoal technical analysis Will bitcoin repeat the history again.... lets see what happend in future,
BTC looks good. Currently trading above the $8.2K resistance level. The daily close above this level is highly welcome. It will lead us to Bullish targets $9K/$9.5K/$10K. My invalidation level for bulish scenario is $8050, daily close below this level. On the other hand ... the nearest support level lies at $7.5K. But I would not bet on this level as a...
Its been a good postive year beginning for Bitcoin so far comparing last years market trend. Currently we are seeing Bitcoin in an upward movement with a good bullish trend. In the short run it seems it is having so many different outcomes. When we see the trend created in the past few days its an ascending triangle which is also a good bullish trend indication....
BTC has had an unexpected and sharp rise last few days the price went up to $5 275. Usually such pumps end within few hours or a day consequently, we had a first sell off wave yesterday and the price went back to $4 750 level. Nevertheless we see a confident trade volume growth, currently BTC is still in bullish mood. Price moves above EMA 50, 100 and 200. There...
As you can see in the chart, Bitcoin stuck between two trends. Up or Down? There is no volume, no momentum, no bull/bear signs! All we know is we are at the edge/intersection of two trends. Do not believe in what people say, unless you know someone who holds over 20K+ Bitcoin. The time is up! We are going to see the break-out anytime sooner. Hopefully bullish....
Bitcoin has found itself right on top of long term support starting back in November. With the Squeeze looking to fire long on an 8 hour chart, I would expect this move to take place over the next couple of days. First target comes in around 8150 and the second target coming in at 8500. Over the last couple of weeks the volume has really dried up during the...
As the title states we have a bullish crossover on the 2h chart even the 50 EMA was crossed over now i will update a little later we need more data on a longer time frame i will update the post below tomorrow once we get a little more data we are about to cross over 10/20 ema on the 4hr chart things are looking rather bullish.(Wait for confirmation) If you read...
'BOOOOOLISHA' Sorry im back quick update i thought i would quickly fire this up i see a bullish spinning top candle on the 1 day chart i will look into this more in a few hours and throw some more charts up and see if we can see any change in trend any time a bullish spinning top candle shows up it normaly means the start of something big. Now i do not want...
Hi all just a quick update i believe we hit the bottom of the support yesterday and could be looking at a bounce from this level..I've thrown this chart together quickly so we can keep any eye on the bigger picture, we are still trending in this triangle on the 4hr chart it looks alot cleaner.Im really busy at the moment programming but i will try and keep the...
BTC has been at the crucial level where buy orders around 7500 have created a wall therefore, the market will continue to go up, in waves, retesting the 17500 level any pullback might be a good buying opportunity Disclaimer It is not a financial advice, everything you see in this chart is a personal opinion, should not be used as an offer to buy, hold or...