There is an interesting convergence happening on December 17th based on these trend lines.
BTC is preparing for a big move, probably 50%, it could be even more if it chooses to go up. If you look at the volatility chart you will notice that every time volatility was so low on the 3d chart BTC made a move of at least 42% and in a few days BTC will have to choose a direction because we are getting very close to the apex of the small triangle and the...
BTC : Full short trade NOT entering since i've not signals
SEC's decision is coming at a crucial moment from a technical point of view. BTC had 4 failed attempts at breaking 6k and now, as we are approaching the SEC's decision, BTC is going for the 5th attempt at breaking 6k. For the last 9 months BTC has been printing an uninterrupted series of lower lows and for the last 7 months it has been printing a huge descending...
We are still bearish on BTC and we will be until we break the series of lower highs on the daily TF or until we reach the first target for the potential low of this bear market 5300-5177. (the second target is between 3000 and 3300). Now we are correcting the fall from 7429 to 6119 and we couldn't even make it to the 0.382. Usually when BTC is trending it has very...
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 analysis: Older analysis:
Hey, I'm watching this pattern for quite a while. Based on recent price action is looks more and more probable. All The Best from the Crypto Space Alteroc
The price got rejected at the 0.65 retracement level which is a little bit above the resistance of the rising wedge. If this pivot high holds the first zone for the next pivot low is 5280 - 5150. Sometime between the 11th and 19th of Sept we expect to see a change in trend direction.
Bearish momentum Bearish sinewave Top of the wave False breakout of the 1 hour break-target No volume Daily candle hit ichimoku kumo andgot rejected
Bitcoin completed the falling wedge. Uually these falling wedges break out on the 5th touch (E). Next to this Bitcoin is forming a inverse head & shoulders, which is also bullish.
- Shorts are at an All-Time High. - 2017's PUMPS from (3/25, 7/17, 9/15, 11/11) to 20k. Using those trends but in 2018 at The $6k Stage points to $20-33k by EOY. - BAKKT launches in November. - A lot of volume around $6k. - Hasn't gone below the $6k area even though it's touched it several times. - O.T.C. Supply Low / Demand High below 6k? - It can swing...
Long on BTC All on the chart Enjoy ;-)
Downtrend fractals are getting smaller, volume is increasing. A possible reversal may happen soon.
We found a very interesting time correlation between Bitcoin's lows. By measuring the distance in time between the low from the 12th of Nov 2017 and the one from the 6th of Feb 2018 and projecting the 0.618 (1.618 on the chart), 1 (2 on the chart), 1.618 (2.618 on the chart) and 2 (3 on the chart) extension you could have anticipated almost the exact dates at...
After a 428$ rise in one hour with huge volume only ~10% of the shorts were closed and because of this we believe that the sentiment is very bearish. From a fundamental point of view this could be because all ETF's got delayed or denied and people expect ProShares to have the same fate. The rise in price is in tone with our analysis on the daily timeframe. We...
We've highlighted this symmetry 2 weeks ago and we are getting closer and closer to the target. We expect to see a major price reaction at 5177. We believe that now we are correcting the impulse from 8313 to 5858 and after that we will be going to 5177, the final target, probably the last low of 2018. Everything lines up perfectly and wolfe wave gives us a very...
Shorting for the fun :) will see if my stop will resist, or no