Alright guys, sorry for the scare last night. We're just in a very dangerous period that is getting to be more unpredictable. Why? Because I believe that we are still correcting. Its starting to abandon the laws of the impulse waves and we need to be VERY careful here. Yesterday I put a target of the $9100 region, but we quickly slid down to lower levels before...
As you can see from the chart, BTC is forming higher highs and lows which is a great sign, also seems to be forming an inverted head and shoulder pattern. BTC looks like it's setting itself up for the 10k range.
This is 1 day chart. Look at this chart we can see the RSI has exited from downtrend line, MACD at -1293 is ready to rebound. If the pricing can keep equal or higher 8100 USD more 1 day then we can sure the pricing will move up. However, is it ready to new bullish onece more? I don't think so. Now we have a look at MA50, MA100 and MA200. The pricing is ready...
Here's my take on the current state of BTC compared to USD. Buy zone around ~ $7400. This is very short term, so keep that in mind.
take profit 1 : 6000 take profit 2 : 5500 - 3000 good luck
Bitcoin is in a small recovery phase. COINBASE:BTCUSD If you have been freaking out, don't! Notice the uptrend and pattern shown. Notice that there is retention at the $8,000 mark. Today you should see a slight slip, followed by an uptrend. Recovery will begin in fazes, compare this to the .com frenzy and youll be able to ride this out AND make some extra pocket change!
This is a tough one for everybody invested in the crypto markets. The daily looks like it may have some potential of keeping the bottom trend line in tact so watch for that. Stoch/RSI is oversold. The only thing really making me think that we may be in trouble is if you look at the weekly chart. The 10 and 20 day EMA are on a crash course heading for a severe...
I believe that this will be the last strait downwards on the chart a bearish wedge is formed. I believe that there will be more negative news for the last strait.
take profit 1 : 8000 take profit 2 : 6500 - 3000 good luck
As you can see via the chart yesterday we saw BTC bounce off the .382 fib level as well as an area of support from months ago. This bounce saw two bear flags being produced which, if you zoom out to a lower time frame those two bear flag merge into one scary looking bear pennant. However, this is an opportunity for us all, looking at this chart we have two major...
Btc-usdt broke resistance at 9k and heading up to next resistance at 9.5k, just follow charts and accordingly short or long! GL
so correction is done ? i guess no.
BTC will fall to $8100-200 and then we will see a rise to $9661.... and then a fall back to $7700. We could see lows of $6000 but price action will determine this.
Wasa, wasa, wasa, wasa NY CITY?! Are you all ready to buy into Bitcoin at 8k and watch it go lower and commit sudoku? Here's my take on the whole BTC/USD wavecount and so on, I'm quite new, but it should be okay my dudes.