Following the manipulative pump of BTC on the 8th of February the digital currency has shown to be very stable trading at a average range of 3660 to 3550 USD. There have been a couple of spikes here and there but nothing significant , mainly induced by orders filling. We keep monitoring the pair to see if there is a clear breakout from either of the trend lines....
We predict that Bitcoin (BTC/USD) on Bitfinex will bottom between $2,400 and $2,900 before the Summer of 2019 before moving upward towards new highs over the next few years.
- Strong Fractal Provoked An Almost -50% Move Previously
- Lower Highs
- Failure To Close Above Downtrend
- Broke HTF Support Trendline
Don't forget to hit that like button and give...
What Halving means?
Halving is a term common among cryptocurrency miners – the process sees the reduction of mining rewards of cryptocurrencies slashed by 50%.
The halving is the event, the moment when the mining reward is divided by 2, is commonly called "halving". Other denominations are used: "reward drop", "reward halving", or simply "the halving" or "the...
Here we examine the potential A-B-C correction in LTC.
The dark blue count reveals a scenario where we head for another impulsive wave down.
The pale green count looks at a possibly finished down trend.
From my perspective, the dark blue count seems much more likely at the moment, though continued resilience at these price levels may lead to a commendable bounce...
hi guys ...
many of you looking for shorting BTC now
but in my opinion to stay neutral at the mean while is better than shorting in very risky trade ..
what should i do !! many ask himself !! what is my next step
well .. playing swings in this area require a very professional trader who can read all the indicators and play it safe with a tight stop loss in...
Elliott Wave Theory was developed by R.N. Elliott and popularized by Robert Prechter. This theory asserts that crowd behavior ebbs and flows in clear trends. Based on this ebb and flow, Elliott identified a certain structure to price movements in the financial markets. The article serves as a basic introduction to Elliott Wave Theory. A basic 5-wave...
first of all Good Luck with this trade and its really high risk but i need to give my opinion in this
i cant change my mind into btc !! actually it can go further more up by doing small corrections as the Fomo controlling traders .. but as TA i cant lie and say that this Scenario is not valid .. its the most scenario i am convinced that it would happen after...
Litecoin ( LTCUSD’) needs no introduction. We will be looking at it shortly and going straight to the trade:
- We have a falling wedge , which is a bullish pattern .
- LTCUSD’ is now sitting at 2017 strong support levels.
- MACD curving up and bullish crossover.
Trade instructions for Litecoin’ (LTCUSD) by Alan Masters
Buy in: $50 – $54
BITCOIN’ (BTCUSD’). This is the first time I will be sharing a long term trade for Bitcoin’; it feels 1.20% really good.
I will analyze it as any other chart and I expect we profit massively from it. This will be an easy trade. Namaste.
Bitcoin (BTCUSD-COINBASE) Weekly Chart Analysis:
Let's start with the Bitcoin’ rally/bull run. ATH’, retrace, support...
So far the lowest resistance line of $5590 has not been tested, but the other two above it have. Once this line is tested and if the bears get a strong rejection we can then start to see a come back for the bulls.
After BTC breaks out of what some called a diamond bottom it slowly crawls up with declining volume and to me doesn't really look like a strong bounce at all,(debates over twitter saying this type of bounce is stronger long term then a big bullish V shaped one or something along them lines, i cant see how but yeh) just about reaching the circle from the other day....