BTC has been dropping against USD for the last few months. However, it will highly recover if it continues to inch up and breaks the resistance trend line. That said, I think the market overall sentiment is still rather bearish and volume is pretty low as well nowadays. If it breaks the resistance trend line, there is a high potential of a bull run. Plotted this...
This first i wrote 12 December 2017 and 2 february 2018 if you ask me why, l can tell you if there is a crypto like BITCOIN 1.27% doesnt matter how much cost even 100 k 200 k or Million dollars price is not important because if you will send to money to other peoples 200 dollars you will buy only bitcoin 1.27% for 200 hundred dollars so Crypto cost is not...
Bitcoin completed the falling wedge. Uually these falling wedges break out on the 5th touch (E). Next to this Bitcoin is forming a inverse head & shoulders, which is also bullish.
BTC has formed a massive inverse head & shoulders. This looks really attractive.
Bitcoin can form a possible inverse head and shoulders scenario (Bullish scenario)
BTC'c ABC correction has almost been completed. Great place to set your buy orders.
But if the support line breaks it with decrease to 5500/5300. Pay close attention this time !
LAST CHANCE BREAKOUT OR BEAR TREND CONTINUATION
I'm bullish on this project. Two mainnets coming out - Cosmos and OMGPlasma mainnet. Cosmos "Hardspoon" 1:1 for OMG holders. DEX capable of 1bn+ trades/s. Mobile wallet (I think Ethos wallet may be better though, Ethos and OMG team close so maybe something there..), real implementations already in use, real partnerships. Very professional for a crypto...
I'm neither bullish nor bearish I'm prepared for whats coming.
So I saw the same thing happen a couple days ago with Bitcoin that's happening today with Ethereum. It appears that ethereum is following a trend set before the break up and subsequent fall. Will post the BTC chart to illustrate what I'm talking about. This seems to be the case in a couple different periods in the market, where bitcoin would make it's fall or...
ETHBTC Daily Chart I think, it'll try the bottom support line (blue line) again. If the support breaks down it may fall to red support If break up the trend line, it move to a new hill ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** I'm sorry for the impaired expression..Just watch the chart, not...
Right now BTC seems to be at the crucial crossroad again. There is an increasing support line wich we hit a couple of times on the ongoing decline. There are 2 possible scenarios: 1. GREEN: BTC bounces successfully from the orange support line. Due to the fact that this forms sort of a wedge with the lower highs of the last decline wich is coming to it's tip we...
Bitcoin (BTC) is stuck in a narrow $550 range between the key long-term moving averages today, but may be prepping for a breakout, the technical charts suggest. With the bull/bear bias now unclear, the big problem now is trying to work out in which direction the price will go. As of writing, BTC is changing hands at $8,760 - $8,500 on Bitfinex, and is trading...
Looks like it is preparing a setup I don't know it it is right to say Flipping is happening , but ETH is preparing for a ETH/BTC over perform. Soon, ETH/ BTC might see some ATH. Hold tight