The trend is going up for now but: 1. Don't buy now. Its too risky to pick tops. 2. Take your profit and wait for another breakout out of a flag to go long (look at the related idea). 3. The trend is still going up so don't short unless the support level of the latest high is broken to prove that the trend is broken. 4. Sometimes doing nothing is the right choice....
Looking at the gann setup today we will be testing the arc and soon the end of the square. Both events must make us look at the charts for new trendlines appearing. Also as price has broken the yellow downtrade line. We may see a breackout in less than 3 days.
After reviewing and rectifying some of the mistakes I made in the past charts and by now following this fractal logic, I think we're heading for a small correction in the upcoming days, probably tomorrow. Seems to me Bitcoin will go to levels between 1195 and 1250, but quickly recover to continue up the stairway to the moon. There is a chance Bitcoin could visit...
harmonically bitcoin due for break having moved aggressively through cycle. as it did in 2013. the lines in enneagram are a harmonic flow, and do not indicate support or resistance, but the intersections are turn dates which i can project.
This is a thought I've had for a while and well it seems likely enough that it is worth publishing. An inverted head and shoulders is also confirmed by the volume profile as being a viable formation. This chart is intended to depict the GENERAL direction only, NOT for specific price targets.
1. Golem is a very powerful investment, by buying it we basically inves into electricity and computing power. 2. Dev team performs incredibly well closing on golem brass. 3. Price is jumping from strong bottom support.
1. ZEC pumping (higher high) 2. Above two support lines, and broken bear trend. 3, TOP 9 coin in terms of volume (24h) almost the same as monero 4. Attractive for miners 5. One of the big names that provide innovation to blockchain tech BTC, ETH, XMR, ZEC
Short term down, then up. Middle term down. Long term up. No announcements, no news scenario.
Someone just put more than 2k btc wall on support which instantly reversed direction. This is how i see it plays out now.
LISK looking good right now bullish singals
Buy the DIPS since bitcoin clearly loves to bounce right back and even go higher most of the time. If your trading bitcoin with margin, always set your stop thankfully I was prepared for a pull-back since I kept moving my stop-loss up to ensure profits were taken. This saved my a$$ big time here, I can tell these spikes are from margin calls. The volatility and...
this is a quick triangle i drew. maybe its time for some consolidation. let the market mull over the etf denial, the BU shenanigans and the soaring alt-coins. Breakout of triangle early-mid april. Up or down.
Flag Pattern that is very likely to reverse current trend. I think we might expect a rise even up to 15$ level.
bitocin will return to the parabolic after all the fear uncertainty and doubt is gone
Rising wedge formation - typical bearish pattern.
Looks like descending triangle to me, also BTC is losing against USDT, so it might be better to short XMR into $.
I am only testing my idea here, i guess. Lets see what happens.