BITCOIN Forecast 23.05.2018 Bitcoin just hit strong daily support level at price $7900 and also 61.8% Fibonacci retracement level. Bitcoin also found support again on old trend-line from the 15.7.2017. We expect that support level will hold and push Bitcoin back above H4 resistance at price $8630.
Update Direction : BTC Bitcoin 2018-02-11
BTC community is really uncomfortable right now with all this 2X disturbance and it looks like we can expect some capital flow from Bitcoin to alts in nearest future. November 16 is expected hard fork point and it looks like new wave of DASH rise can be expected near this date. P.S. Me myself redistributed 40% of my BTC to LTC, ETH, DASH and XRP. If you have any...
hi this is my opinion for this pair. thanks for watching.
Hey Guys, Due to the trading and exchange problems occurring in China (possibly due to their presidential elections next month), the market is facing lack the volume and strength. I feel the whale money is being taken out of market hence the chances of collision have increased. Recent EMA point, Low volume, and many other factors shows us BTC is not going for...
All right it seems what I was afraid of happened. There are two possible targets that BTC may fall down to One is 3650-3700 area. This the bottom of a longer term trend on weekly basis.(1) And other target is 3.457 target where the neckline of this head and shoulders pattern started to form. (2) My take , and wish is 3650, asI have previously stated in my pervious...
Our preference: possible rebound with 2750,87 as objective. Alternative scenario: the depression of 2477.93, will trigger a return on 2378.49 then 2319.29. Comment: The RSI is under 50. The MACD is greater than its signal line and negative. The configuration is mixed. In addition, prices are under their moving averages 20 and 50, currently at 2565.81 and 2582.59.
IF AND ONLY IF, a reversal occurs from around 1060, on the 2-Hour chart shows the possibility of profit potential. Otherwise, may be a continuation on a higher timeframe. This may be the last chance for the price to move down near 1060 at this time if it becomes a reversal
I have seen price has pulled back to 61.8% on Fibonacci level and due to the price movement being of continuation, Fibonacci pattern shows, that from $1,006 price will move up to $1,163 (161.8%) or at least to $1,111 before a pullback/retracement OR a reversal occurs.
Lower-timeframe, might signal contrary to bigger reversal than the 'continuation' uptrend. 2-Hour chart signals a soon possible downward reversal. Contrary to posted idea I set a Fibonacci within a major Fibonacci retracement and found this "u-turn". Assuming Market Baseline (Yellow) will continue to show an uptrend. Even though, this may be the last chance...
Traders Dynamic Index Indicator Alert v0.1 by JustUncleL, on realtime chart shows Red & Green move down to bounce on third line I placed on TDI indicator window & reversed up, as if a continuation of overall trend. This allows for a new Fibonacci retracement to be placed: A (0.00%) on low swing of 890, B (100.00%) high swing of 1004. From there see it as a...
Long term, up. Short term, down to Fibonacci 127% or 161.8% extension
the entyr area descibed enter when the price down to 775 then buy again at 750 and 725 if the price catch it your target is 1072 then wait for price action , i belive that the price will be 1100 , if the price reach this level ,trust me you can buy again targeting 1800 usd i will be here for more infomations and updates . see you at the next trade .