There is a clear pattern of double top. If it breaks below the line go short . TP1 and TP2 are given in the chart , with stop loss Cheers !!!
Here I have what I have found to be a mirror of the PG stock which is about to predict a big positive breakout. As you can see all the valleys and peeks line up pretty close in time and price with their mirrored counterparts. Also I believe this will break positive because the rising wedge ( in yellow) tends to have positive breakouts in u shaped volume, which...
Bitcoin Saturday Trades Bitcoin survived through the night by moving into a triangle formation off the lows before breaking into the weekend with a break above the uppermost parallel, followed by a sweet and successful retest of the same line from above once broken, before finally rallying again off the dynamic and triggering the first long for a while...
If Bitcoin decides what direction to go(up), it may react quickly. We can see the new ATH before the end of June. After a little correction, the real FOMO starts and for the time being we can still see the prices that seem so extreme. ~$30K and then ~$70K. The economic depression in the world may also be effective in this scenario. After all this a grand...
ok dear crypto community.. was a rough week! After this almost crash dump we see a bit light here. We closed at almost 8500 and now we are looking at the next target of 8800k BTC. This of course is only a short term trend analysis. We could also have a set back to 8100 levels before taking a new upwards trend to 8800 and 9k. This crash was initiated cause of...
60 minute candles showing a clear retrace of the last pattern. The blue line is the max bottom that will likely happen, and the white line is just my own personal entry. The ellipse is over a small fractal at the bottom of the price movement which likely indicates a positive trend reversal in the short term at least. Notice that the stochastic are also showing a...
BTC is playing with a fire at this time, got stuck between that blue line and red line making it a triangle and causing the whole confusion however it's still above that downtrend and was in similar situation just a few days back, its exactly the same situation as the last week. Now in this tricky situation, it can go up (more chances when you look at alts and...
ETHUSD Still looks in good shape for a test of 741 and then 768 this weekend and further out in time looks likely to test the 896 level too. Right now it's waiting on Bitcoin to break higher - which it should do later on today. The overall trend remains positive and retests of the lower parallel are still buying opportunities as the rally moves higher.
Bitcoin Bitstamp Update After the break higher Bitcoin has spent the night consolidating recent gains. It's a buy again once the dynamic from the overhight high has been broken above with stops below the 9224 line when the dynamic is broken above. Until then Bitcoin is still in consolidating mode and moving sideways to unwind using the 9175 line as support as...
- Buy in at the end of this month/Beginning with a target price of .044-.045 - Wait for next spike from .044 and sell at target price of .1 - Expect a pullback and buy in again at the end of June with a target price of .056
If we count the Elliott Waves from the beginning of the run we can safely say that we are in the 2nd part of the correction wave. Will this take us to the 600 level and then correct back to the .5 fib line??? If it does it will also form a Head and Shoulders and therefore one should pay attention and put stop loss should it go down before the targets are...
Time for some positive forecast! The FUD is smoothing out and FOMO coming in (as G. Soros playing with crypto). The annual tax declaration and payment date being 17 April could be the last FUD ahead that is able to drop the price by another 20% to 5800-5400 area. The target for the subwave 3 currently is at $5945 if the correction doesn't get higher than...
Potential bull flag spotted on the hourly chart for BTC. If confirmed, the price should get to $9,180. Positive news from G20 is what gave the flag the pole. GG The price hasn't seen a drop since the rally up. If we measure the length of the pole and project it from the breakout point, we should get the price target which is around $9,180.
Positive news from G20 meeting. "The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin." www.reuters.com This is great news which should end the correction of the market. We should start seeing a reversal and get to higher...
Declining volume & downtrend means either a lack of buying interest, which pushes the price lower, or a lack of selling interest, which could eventually push the price up again. Why? Because, the less people want to sell, the less supply there will be, hence, a price increase. What are your thoughts on TRX? If you have recommendations or tips - please, let me...
NEOUSD Still Positive - Next Buy Point Approaching The minimum upside target created by the RHS is 173 but it's taking its time to get there. Looks to be in process of completing another continuation pattern before firing higher again soon. Once it passes 128 and holds there it should advance to 148/150 where the upper dynamic will most likely reject it again...
Bitcoin BTCUSD Saturday Update/Buy Points After another 15 hour period of dreary consolidation lasting through the European session and right through the US session to the close Bitcoin finally bottomed right on the low point forecast for the day before the rally we spent all day waiting for finally kicked in. Patience was finally rewarded as Bitcoin began...
Bitcoin Friday Update Next Buy Point Today Bitcoin duly broke higher from 10600 and we followed that break. Overnight Bitcoin has made a high at 11189, climbing three rungs higher on this particular ladder to reach 3 points below the the next line of resistance at 11192. Day traders are closing out here and looking to get long again from lower down towards...