Today we observe the construction of a triangular convergent model of input impulses (black, red, green). Now is the time to bet on growth, because. the output from such models is accompanied by a multiple elongation. We do not exclude that the model can be broken and the price will move down. To do this, there is Stop Loss, which will limit losses. Strategy for...
Inverse head & shoulder is completing, likely tonight. This will be followed by a rise to $9926 or better within the next few days or possibly overnight after the rally begins. Also, black lines denote the current Bull Flag, showing a target at around $9200. Inverse H&S looks stronger and I believe if we actually break $9000 in a rally, we'll be pushing up to...
BTCUSD FINAL LONG The final test of the $7500 area, before we plummet for Christmas :)
Stop-loss: 6600$ Take-Profit1: 7000$ Take-Profit2: 7500$ Take-Profit3: 8000$/Long-Term Good luck folks!
Saw price below 7000, signed on to Coinbase and bought $150. Price also pivoted off fib levels and as it appears now, is holding above the lower low. This is a long term buy, I'd be completely comfortable losing all the money invested in Bitcoin, just like sitting at the casio.
Strong channel of meeting bulls and bears. I assume that the channel will be protracted.
The price did not finish the key levels around 7800-7900. I am updating the markup. I assume that the price grouped yesterday wave 3 (blue), and now we are waiting for another increase in quotations in wave 5 (blue) to the levels indicated earlier. You can buy from current values, because received a channel touch (blue). If the purchase does not succeed, and the...
Lately Bitcoin is really confusing ,at least to me , as I am so eager to short it. But may be I was wrong, or right but with the wrong timing .The 4h charts presents an ascending pennant pattern that follows the trend line since 15th of September(refer the fork). I believe that now we have reached the bottom of the fork and we are facing 2 options as always up and...
Those who listened to my advice the last time and bought - I congratulate. Now I want to make an update. The price approached the next line of resistance. the RSI oscillator speaks of overbought, but the ADX says that the bulls are still strong enough, the MACD is also directed upwards. Also, I noticed a double bottom on the chart of the pattern - a trend...
More accurate markup for today, based on Fibonacci levels.
Currently, we are seeing BTC test the $6000 resistance which was attempted and rejected earlier this week. The upcoming Segwit2x fork is definitely in play here as we are a little over two weeks away from the 494784 block being mined (fork block). Current projections have that happening as of 10/16/17 (Thursday, November 16, 2017, 5:53 AM - per respective...
Bitcoin, most likely, finished correction in wave 4 (blue). By the nature of the previous 2x pulses 1 and 3 (blue), we think that 5 (blue) will take the form of a diagonal triangle, which will complete the bull rally on September 15, 2017. We are waiting for the price increase to the levels of 6500-6600, where we will turn over into sales.
Here is my projection for the upcoming B2X hard fork. Fib resistance is turning into support, that could be the base for another breakout that eventually will lead us to $7900 and trigger a major correction. We'll see how things play out.
The price has drawn some momentum. While it is not clear, this is wave 1 (black) in the direction of further growth in wave 5 (blue), or it is a corrective impulse wave a (black) in b (blue). Our strategy for today: test purchase on the signs of the end of the wave b or 2 (black). Landmark - the border of the blue channel and the level of prices in the area of 5700.
UNLESS everyone fomo cause of segwit 2x but if this situation rolls out next target 8250
The price continues to draw a correction, and we are trying to lick the cream. At the moment, the situation is such that the supposed wave a (blue) may have completed its structure in the form of a zigzag. There was also a touch of the channel (blue), which indicates the presence of wave 4 (blue level). Since the structure of wave a (blue) has a zigzag formation,...
Appears to be a bullish divergence based on a higher low and a lower volume and lower low on the RSI. This coincides with Coinbase's announcement that they will continue to support "bitcoin" as the original chain and refer to bitcoin 2x as b2x. Could dip a little more today, but should be positive by tomorrow.
BTC hard fork is around the corner and everyone wants some free BTG! Long the BTC for the next hours. If you want your free BTG too, keep your bitcoins until Tuesday and then sell them. Let me know your opinion if you have different ideas! :)