My previous predictions were wrong and as we see now on my new predictions, I believe that we may hit lows of 360 before a bounce back up to 425 areas and slowly recovering to 500 or we might see as low as perhaps 340-330 areas before a possible recovery. I doubt we will se anything lower than 340-330 levels before we get a recovery to and above the higher highs...
- The previous trading week has seen a symmetric triangle consolidation of the price following a trend reversal and short rally on 11-12 June.
- Over the coming week we could see the price finally break out of this pattern and continue upwards to the 0.96444 level, which has previously been an important support and resistance level.
- Tightening Bollinger Bands...
We seem to have stopped for the time being at 2500, which on a weekly chart time scale shows a bit more bullishness. But looking at the monthly chart on a macro scale, it looks like RSI still needs further to go. Could this be the start of a heated sell off and beginning of a bear market? Time will tell
After a long, rough night BTC appears to be rolling around in the gutter.
One can only assume he is still looking for his keys.. God only knows where Mrs. LTC ended up.. The excitement continues!
Lets see what happens next..
Journal| Beta Project-R. Risk Management: Compound|k Level : PA |k Time:'Short-term'. This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Projections may be subject to failure.
Journal| Beta Project(R). Risk Management: Compound (k) Level : PA (k) Time:'Short-term'. This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Projections may be subject to failure.
I've been watching this one for a couple of days, it's made it past previous resistance and support levels from October and July.
20 EMA remains above the 50 EMA and Stochastic would suggest that price is still good to climb. ADX has just started to show the beginning of a trend.
I'm actually already in this trade and have been for a few days.
I saw price hard reached previous resistance and stochastic had crossed at 90 moving down, looking at ADX, there was also no strong trend continuation at this point, so it seemed reasonable that we'd be looking at a reversal.
My plan is to take profits halfway way, move my stop loss and then see...
Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information...