Disclaimer ***THIS IS NOT AN ADVICE, I AM NOT YOUR FINANCIAL ADVISER*** The triangle can't get any tighter than now, let's see which way it breaks, 4H macd says the probability of breaking upwards unlikely. I am trying to teach my students a lesson if this ends up going 'fake out' and then elevator down. Disclaimer ***THIS IS NOT AN ADVICE, I AM NOT YOUR...
$8000 - $8100 heavy Resistance possible good place to have an alert ready :) and see how the market plays out from there MACD And EMA look ok for now Still Looking Bullish Shorterm,Lets see what happens when we meet the apex and also if it can stay within the ascending triangle. The Volume also looks promising. Fingers crossed every one HooooHA.. Please feel...
chart speak for itself i wonder if we break out of this wedge and we start a bull run it could also go down and do an extended ABC, i think the break out of this triangle might be a big bull run moment or we extend our ABC again until we break the trend. Good luck to bears and bulls :))
I wanted to get this out there its on the 4hr chart all details are on the chart the 100 ema is crossing over the 200 ema would that be a bullish signal ?Also the 16 EMA is near vertical..We also look like we could be on the 5th wave and maybe we go to abc or do we go all the way up now add your thoughts and ideas below. ?There is also a wedge creating. Just plop...
Hey all bullish signs again at last ??going too let the charts do the talking since the 50 ema crossed over the 100 - 200 ema in a bullish uptrend we seem to be entering the bullish stage im hoping all we have to do now is break the $11,065 resistance and we can them move to $12,150 This is not financial advice but just an idea to share, make your own mind up...
I know the pump for BTC this morning is looking promising but you also have to look at the order books and see what is actually going on , are we being manipulated again and forming a pattern that to me looks very bearish, the red lines represent the resistance zones and we have a triangle pattern forming. I think its best to be safe than sorry have your stop...
***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.*** My previous analysis pointed out the giant falling wedge on BTCUSD 9.30% . Store of value is the real usecase for BTC IMHO breakout happened already and we are about to climb back up. Trading BTCUSD 9.30% is much more tricky than trading other altcoins but a giant chart pattern will have bigger...
Published new chart as last one was titled short, but was posting the updates on that. We need to follow the patterns carefully, but we eventually got some upside from target area. Blue arrows possible scenario, one more thrust unto the purple and 786/88 fib levels and then back down, before finding support. break below the green support line, look for downside
Longer term buy area on the 78/88 fib areas. If price goes to this area will need to look for setup and Big support
Like the previous analysis on BTCUSD, I successfully caught the top by comparing Bitcoin with Gold. Although they share some similarities but I do NOT think Bitcoin will go sideways from here. BTC continues to act as the 'base currency' of the whole crypto market. Some exchanges already adding ETH pairs, that's why I am bullish on ETH too, maybe even more...
Breaking bearish continuation flag on 240, 60min flag (blue line already broken and now just creating another flag in the previous support zone before pushing further downside). Yellow Arrows showing simple 3 wave completion. Green arrow showing projection of Y
BTC going down once more to complete 5 Elliot wave Look to buy dip around this zone $9k = £6450 $8K = £5750
The head and shoulders pattern infers a target of approx £6700 honestly i hope i am wrong. www.luckscout.com
Don't know how I didn't see it before. Ghost says it goes up.
Update on previous Idea for price movement.
Picking up on a consistent general pattern here. Nothing fancy, just keeping it simple.
BTC has bounced from Yellow Support Region 3 times. Time to go Long Chris Terry says price is above APEX of triangle and this is next huge swing up. Unclear if he meant price will swing up to new ATH or to stay within triangle resistance Either way, BUY at current price 1st Target: £11,480 (Inside Triangle) 2nd Target: £12,480 (Outside Triangle) 3rd Target:...