When we analyze the market, we usually give a prediction for the future, but the closer the time point is, the easier it is to make such a judgment, and the farther the cycle is, the larger the error will be. Therefore, most of the time, I don't like to predict the future, because I think the stability of trading on the right side is better, so most of the time I...
BTC has shown sign of continuing on its bullish pattern. After forming a higher low on the 4 hr chart we saw a rise in price today, suggesting a new set of five wave pattern towards the upside. Here I am drawing out my proposed route to the 7k TOP.
We predict that Bitcoin (BTC/USD) on Bitfinex will bottom between $2,400 and $2,900 before the Summer of 2019 before moving upward towards new highs over the next few years.
Why?
- Strong Fractal Provoked An Almost -50% Move Previously
- Lower Highs
- Failure To Close Above Downtrend
- Broke HTF Support Trendline
Don't forget to hit that like button and give...
Whats up my Crypto fam! make sure to like and follow as that will allow other traders to see my content!
Just finished up a zoom with some of my student's over in premium we did good posted signal at 3150's target was reached at 3180's QUICK 50X trade. Check out my discord to see all my PREMIUM PROFIT'S. as well as signals i post for free but anyways lets get to...
BTC is currently trading with a descending channel that appears to be forming into a falling wedge.
I will be looking to enter within the green accumulation zones on my chart with close stop losses indicated with the red lines.
Stopping out so close to our entries allows us to re-buy lower essentially reducing risk and maximizing reward.
You can see the two...
This is a timeline of the past and upcoming futures settlement dates alongside the beginning of Q1, Q2, Q3 and Q4.
As the chart is in the 4h timeframe the time of each settlement is off. So note here that Cboe's futures expire at 21:00 (ukGMT) or 16:00 (EST); two days before the third Friday of each month. And CME's futures expire at 16:00 (ukGMT) or 11:00 (EST);...
While everyone screams FUD and manipulation, I've been calling this breakdown for days lol. Pretty clear where this is going if we have our MAs crossing.
Previous daily analysis:
Current daily analysis:
Previous...
Right erm I know it looks a bit mental but if I had to try summarise... based on this chart:
1. Shouldn't see much further past $6600 range
Very similar fractals with past moves
2. Decline until ~$5050 (to make the repeated 40% + drop) around the end of August
3. (Longshot) Rise to ~$7200 around the end of September
Retracement from TD9 on kumo on the 4H then doji close on the tenkan, potential TK cross heading into the cloud. Don't think we will break 6750 though, fail break will be full retracement.
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