Why, What, How dare you! I am sure some of you may be thinking that right now, let me explain. Bitcoin had a great run, it really did! But unfortunately the good times don't last. We hit a yearly at $13920 which we had a massive rejection from. We have been distributing for the last 4 months decreasing this bullish momentum and preparing for our move down. The...
Weekly Chart is incredibly bearish New resistance set Mid level broken Next support at 7200 Bounce up from 7200 very likely Once we cross 9500 again, the next target is 11k Act accordingly
Long time, no see. Real life responsibilities had to overweigh the content creation part (this). Now that we are back, we will try to update more frequently tho (we being me and my imaginary friend ;-) Now you are here to get a insight i what I BELIEVE is gonna happen, aren't ya? :-) Well, the quick and dirty is: I'm bearish short and medium term, but still...
Ethereum Hardfork Postponed To 6 September some kind of bull wedge is drawn
Why not?! This is how BTC might go to 0! KRAKEN:XBTUSD
Bitcoin is making lower low and lower high confirms bearish signal by breaking major support. From my previous analysis, we can see Bitocoin had pullback to $11,000 and price has been rejected from ‘Resistance line made by lower high’ started down trend breaking major support at $9800. Next suport for bitcoin is $8800. We will analyze again,when it reaches near...
I think we will fly tomorrow) but after tomorrow's performance we can grow in price If you could ask cz_binance anything, what would it be? To celebrate #BinanceTurns2, CZ will be LIVE on periscope for a Binance AMA session, this Friday 12th July at 3am UTC. He may even have one or two things to share
Les shorts sur Bitfinex sont une nouvelle fois en forte baisse aujourd'hui ! Difficile d'en tirer de véritables conclusions mais à surveiller pour les jours a venir
Hi guys! I think the 10k that everyone is talking about, might not gonna be reached before a major correction. Or if we do hit the bears gonna step in immediately. Why I think that? If you look the 2015 chart when the bear market ended, the first parabolic move took us to 500 USD. It is very similar to 10k because it is a big psycholgical level and also a round...
Hi guys! As you can see my chart we touched the 7.4K-7.5K range 4 times! You might think that the more time we test a price level, the stronger is becomes, as a support. However the opposite is true. The more time we test a level the higher the chance we gonna break it. We also made a lower low on the 4H chart, creating a double top formation. Both tops are on...
After bloody Sunday crypto market looks green on Monday. I think everybody feels that we are in a very risky area. Personally, I think we're going down. We need a healthy correction. Volume is very low. We could repeat the pattern we saw the last weeks, but the other way around. Binance order book also gives us a good idea. We can see 266 btc at 8000 usd and 72...
Hi guys! As you can see since we broke out from the trinagle on the 26th of May with low volume, we always had a big sell volume followed by a small buy volume. What I am looking for is a big sell volume, bigger than the previous buy volumes. We found resistance at the 0.382 fibb. level, which is a great sign for a continuing correction. If we have a look on...
Hi guys! It might seems like, that we are ready again for another move upwards and the correction ended. But in my opinion it is not the case. If you have a look on the fibbonachi, you can see that we pulled back to the 0.382 level which is quite important. 8k also acts as a psychological resistance. The VPVR also shows resistance and I drew a black trendline...