We are possibly bouncing off the lower bollinger band on the weekly. Path to glory: bull run to middle line moving average, slight dip, then full bull run to above the clouds, the moon, and beyond! Too simple or easy? It's a long term move to watch - good luck!
$BTC also at $6800-6900 confluent with 0.618 fib retracement zone, where it can bounce or dump. 2:1 for bears right now in following scenario
Btc is currently testing a very important support level around 7.5k is really important to hold for bulls or it's looking like another wave down to around 4.8k. Watch what btc does the next few days and enter a longer term trade. This support is from all way back in jan 2018 so it's very important. If we break bellow it tells us that a high chance the breakout was...
Just a Idea, Not for fun Ratios and Relativities! Fine more? Resistance and Support Ranges are shown on the chart. The Main Battle in on the Battlefield In Case of climbing $8,200, the next Target is 10000$ Otherwise the range of $5,500 - $4,000 will fall Finally this year will reach over $20,000
The 2014's one and the current bubble look pretty same... I compared them and found out that both are based on Elliot's waves. LOOK AT 2018 edition TO FIND SOME SIMILARITIES I suggest you to read this in order to understand Elliot's waves
The 2014's one and the current bubble look pretty same... I compared them and found out that both are based on Elliot's waves. LOOK AT 2014's edition TO FIND SOME SIMILARITIES I suggest you to read this in order to understand Elliot's waves
On the 1-day timeframe chart long term BTC analysis suggests that BTC finally gains strength. There should be a new rally soon, it wont we similar to the previous where BTC was pumped however it will be a gradual rise within months till the middle of the Autumn. It doesn't look like this time BTC will fail again. There are a much more solid technical and...
Taking a longer term perspective on this one, using the weekly candles, reality sets in as i put on my bear glasses. Historically, BTC saw an almost perfect recovery on the 50MA twice as highlighted in the green boxes, however, printing lower highs, and finally failed its 50MA support in May, resulting in further downward capitulation. For all those bulls out...
Hello everyone After a week with no ideas, I’m back! A lot to talk about today, let's get straight into this! So first of all we've seen a relatively stable market for the last couple of days. BTC price stays between the 6.3K and 6.8K. That’s a very good sign. A couple of ideas ago I told you guys that I thought this market was going back up. We saw between may...
Dotted lines: areas to watch for strong reversal indications. 1st entry: $4850-5100 2nd entry: $3000-3300
Bitcoin has a 6th month anniversary from Jan 6. BTC has seen the dip and top points at 6th of every following months. Now the next 6th is June 6. And also Long term resistant level and Long term support levels cross each other at 15th June. The next 6th month anniversary must be the bullish starting indicator for 2018. I hope this is gonna happen. Good luck everyone.
Bitcoin has been following the same flow sequence since Jan 6 , every 6th of the months Feb, Mar ,Apr ,May , and following this Sequence it predicts that June should have an upwards momentum , but not until the decending channel from 6th of May ends on 6th of June. Now in the last week of the decending Channel it points that we might hit $6300 before and upwards...
The 7,828.70 - 8,000 support zone on 4H was strong enough to break the Channel Down. 4H is now on a typical bullish reversal pattern (neutral RSI = 50.573, Highs/Lows = 0, over bullish MACD = 18.400 and STOCH = 72.856). 8,777 is the Resistance and the first bullish target of an emerging Channel Up, assuming that the 8,300 support holds (otherwise will not allow...
This is going to be a rather lengthy post and you can take it for what you think it's worth. I have heard a lot of talk lately about a "cartel" being out there and manipulating the price of Bitcoin and other things. I want to look at the reason WHY any price manipulation would be happening. I also want to look what I feel are possible outcomes. My goal is to...