Price action looking to complete the right hand shoulder pattern. If we do complete this and not breakdown further, we are going back to the 2020 ATH and on target for a run to $2500 - $2900.
Blue lines are the average of BTC's most boring days. We stayed at 6400 for 2 months before it dumped to 3140, so let's say an estimate of 50 % drop. Now the story looks very similar, from 24th November till now we've been hanging around 3680, few dollars up and down which is caused by bots trading. So I can think of only one outcome. Another 50 % drop which will...
At this stage, the LTC performs its shape of an inverted head and shoulders well, after a repeated test of breaking resistance, rising to $ 47-49 for a more accurate forecast of price movements, join our team where we select 13 traders to build a company: 13cartel.com
I have analysed 6 Bitcoin Cycles Since 2013 and found some interesting facts which relates to the current situation and the future. 1. We had 3 Triangle Correction Patterns and 3 Zigzag Correction Patterns. Triangle pattern or ABCDE correction completes near to the Support line drawn from the start of the Cycle. Same happens with the Zigzag correction pattern 2....
As we already know that we have 3 major dimensions in bitcoin market which is 1. Technical Analysis 2. Fundamental Analysis 3. Manipulation For Technical Analysis I use Elliott Waves (EW) with other Indicators to double confirm the trend Fractals Candlestick Patterns Moving Average Volume Profile & Bars Rsi & Stochastic Support & Resistance So apart from the...
Hello everyone, hope you are having a wonderful day. With BTC chart, we are right now in re-testing zone of 8800, where we re-tested 3rd day in a row and did not break through. We can see lot of tries by bulls to get back in the mood, but as you can see by the charts, bears have more power in this area. By my info, we will soon spike to around 7800 levels, where...
As we are crossing back to 8000, we can see lot of people getting back in. That's all about it. About manipulation. We can see BTC pull back to 9000, but we have to see again levels around 5800. If we won't sustant this level we will pull back lower to level around 4500. As for now, EMA 200 need to be re-tested as FIBO 61,8. Now for LONG, and at higher levels...
Price manipulation by large financial institutions is something that not only has tangible evidence in the US Gold + Silver + Uranium markets, but it is something that can be measured easily in crypto for several reasons. In a traditional market, "real" volume is difficult to measure. There are many mediums the order travels through before finally being reflecting...