Today's market fell into a sideways shock after a small surge. The obvious trend on the four-hour chart is the bullish upward trend. It is an adjustment after the breakthrough, and it is expected to rise again after adjusting the shock.The current support is that the pressure above the 27000 position is close to the 27700 position. btc @buy27200 tp 27500 tp 27700
The BTC market has been oscillating in tepid, fluctuating up and down less than 800 points, and then pulled a small wave at night, under the pressure of the MA120 moving average, and returned to the shock zone. I believe that according to what I said yesterday, my friends have made money. arrive! Analysis of btc market on May 15th: the one-hour market trend of...
BTC currently has a relatively clear trend line. If it does not fall below during the backtesting process, you can refer to this trend line for long trading. The resistance is 29800-30200, and the target can be set near the resistance. If it falls below, short positions will have a better chance to make a profit. The support is 28600-28200. Of course, you can...
📌 ridethepig | $57,000 in the Crosshairs Satoshi's vision is coming true... Trump impeachment noise going on in the background providing the ebb and flow while the reality beneath the political waves is that the more you clamp down on freedoms, the more the masses realise. There is a significant coming to consciousness occurring, the rate at which shoes...
The year 2020 is coming to an end, and I wish you all the best luck and prosperity in the New Year. Okex quarterly contracts today suddenly out more than $1 a, this is the recent position high, also namely later in February 2020, the peak position, we all know that each time a contract position close to the peak, is also the biggest long-short differences, then...
It is important now for us to take a retrospective view here on the lows that we have been discussing. After the early stages in the swing, as you shall soon see, my dear reader, it is frequently very difficult to chase breakouts as they force into action. In our sense, you can see our opponents (bears in this case) are fleeing, so we should inflict double the...
Large hands coming underneath and pushing price straight back out of the lows as widely expected because of how cheap BTC is. This is a gift in this business, you can see BTC finding strong support at the lows in 7000 handle. Those following will know I have been (and continue) to aggressively buy the 7000/7100 lows, as soon as we crack 7500 expect accelerated...
Attention now turns to the ECB and FED where anything other than more cuts and QE Lite would be a huge shock. More interesting will be the response to the Crypto punchbowl, and it seems likely the flooding of USD supply will confirm the lows in BTC and perhaps emphasise the impact Macroeconomics has on Cryptocurrency. As such I tend to think the coming sessions...
Here we are tracking a bounce from the Bakkt floor after a massacre yesterday. Large hands flushing out all the soft retail traders who got caught offside in the middle of wide chop. The mid-long term charts are crystal clear, as anticipated we found a strong bid from the beginning of the year; breaking 6,200 unlocked the all time highs. For the flows...
Here we are tracking wave 'iii' in the current leg and we are using the MACD as our weapon of choice to trigger. This time it is very simple, we are going to buy the next black cross on our ridethepig MACD; as long as the cross is above the $7,435 (the lows in wave 'ii') then we have a valid ridethepig trigger. In terms of targets; the natural extension in...
Here a very technical move in play once more, as the boat becomes overcrowded I expect the tree to be shaken any minute. Those following will know we attempted positioning for this swing earlier in the month, smart money is starting to track the change in trend coming whilst the unaware continue shooting for the moon. We are going to see a very large increase in...
When we analyze the market, we usually give a prediction for the future, but the closer the time point is, the easier it is to make such a judgment, and the farther the cycle is, the larger the error will be. Therefore, most of the time, I don't like to predict the future, because I think the stability of trading on the right side is better, so most of the time I...
In my previous idea based on 1 day chart, I've told a case that BTC might down to nearly 3000 USD. In this idea I will explain fully how it is possible. This TA based on weekly chart - The first, look at fibo channel uptrend we can see the price has fully upward movement. When it passed Fib channel 2.0, it was began move to bubble zone. - After fully upward...
Hi All! Wolfe Wave on Bitcoin materialising! A naturally occurring pattern topping the rankings of success rate. Accompanied by another high success rate pattern, inverse Head & Shoulders which eyes the same target. Right into double-top with SCMR dynamic level $17k . BEST OPPORTUNITY to print money is now:):), ) Bearish patterns have continuously...
Here is the early signs of an inverse head and shoulders. Follow speculation and don't jump the gun. Resistance shows for some possible gains before days end. Buy the $615 range if Dash hits $640, DO NOT buy at $640