My thoughts on BTC/USD for the next months ! Follow me on YouTube : Ras Crypto ! Mes estimations sur BTC/USD pour les prochains mois. Suivez-moi sur YouTube : Ras Crypto ! Je pense que l'on va aller tester les 9000$ avant d'aller chercher les resistances ! Big up !
This is a different approach to previously charted analyses of XVG to BTC pairs. However, based on past pattern movement, I suspect that in the near future we will see a mini pump, this may be of a larger degree wave B, WHICH MEANS we will be seeking a lower low for C, if that is the case. But I think that before we can see new ATH relative to BTC than we will...
Probably an ambitious target but hey, we have it simple, break and a retest of previous resistance trend line, rejection of the 50% and -27% looking at a 500+ pip long here. Almost forgot to mention the bullish engulfing candle on the daily closing above previous support. Has created is Higher Low, Perhaps on to new Higher Highs.
After this idea was hidden by Tradingview for adding YouTube channel, I was very angry with them so I decided to move out of here. But I re-post this idea because it did exactly what I anticipated since May 8th 2017. Non of these movement are coincidence. What to expect now? If you see my twitter you will see where I sold and expected for this pair, meanwhile...
The GBP was heavily influenced by Theresa May’s announcement of a British snap election in June. The aim of the election is to strengthen May’s hand ahead of the “Brexit” negotiation, but the latest polls show that her party’s advantage over the Labour opposition is shrinking. The market could be disappointed if there is no much change in UK’s position regarding...
Reason to entry: -Bat Pattern -equal measure move -fib confluence (3) -RSI overbought - pattern completion at Potential Reversal Zone(PRZ) Entry: -Bat pattern completion or.... -wait for lower low lower close candle Void if: -Failed pattern - if price keep moving up after breaking the trendline, wait for pullback for long opportunity Remember that market always...
Reason to entry: -Butterfly Pattern -Bat Pattern -Equal measure move -RSI confirmation -Fib confluence (4) -Patterns completion near strong structure lvl -continuation trend Entry: -127.2% Butterfly’s completion -Bat pattern completion or..... - wait for higher high higher close candle Void if: -Failed patterns Remember that market always right! Manage your trade well!
Reason to entry: -Butterfly Pattern -equal measure move -strong structure lvl -wait for RSI confirmation Void if: -Failed pattern Remember that market always right! Manage your trade well!
Reason to entry: -Butterfly Pattern -127.2% completion at strong structure lvl -fib confluence (3) -wait for RSI confirmation Void if: -Failed pattern Remember that market always right! Manage your trade well!
Reason to entry: -Butterfly Pattern -completion at strong structure area -near overbought RSI -fib confluence (3) Void if: -Failed pattern Remember that market always right! Manage your trade well!
Reason to entry: -Butterfly Pattern -Losing momentum -nearly overbought RSI -127.2% completion at very strong structure lvl Entry: -127.2% Butterfly’s completion -161.8% Butterfly’s completion Exit: -38.2% retracement -61.8% retracement Void if: -Failed pattern -premature move Remember that market always right! Manage your trade well!
It is all about probabilities! Watch the resistance and the market will tell you what will happen.
Cyclicality and conditions of current price structure obviously point upward. Fundamental USD weakness supports the conclusion. Trade at your own discretion.