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Even though the story of this crypto currency is short, the BAT or Basic Attention Token came to stay in the game. You might be asking yourself. What makes this currency so special? Well let me explain it to you. According to professional reports: Very recently, there has been news that basic attention token (BAT) has teamed up with TAP Network, Starbucks,...
BINANCE:BTCUSDT I know this will make all the experienced pro's think NOOB and it goes against what would be believed should happen but to be honest. I have never learnt any trading technique in full i know the basics of most but i created my own set of beliefs and understanding of markets, so i am not bound by any of these rules. So this is why most wont buy in...
Bitcoin seems to be coming out of deep waters after a deep swim. Daily chart looks bullish with a falling wedge and strong support.
Wishing you a great weekend ahead... Bitcoin (BTCUSD) is looking ready to continue growing. Please allow me a minute to share this update with you... Thanks a lot for your continued support. Bitcoin (4H) Chart Analysis EMA10 was broken (blue circle), switching Bitcoin's potential from bearish to bullish. After this resistance was broken with good strength and...
My first study using #RENKO charts WOW! So revealing....(or not). You decide. NOT ADVICE. DYOR. NOT ADVICE DYOR
As you can see by indicators, BTC is going to hit 5k before bear market will end. Real consolidation only going to happen now, when BTC is going to stay between price range of 6000 to 7300 based on heavy resistances around.
The exchange rate reached a US $ 6625 correction. My assumption is that from this level the movement of the exchange rate will turn north. The figure shows that the wave sequence tests the closing values of the PSAR indicator symmetrically. This is indicated by the yellow squares. The last backtest created a thinner square on both sides. Therefore, I expect the...
Bitcoin has been consolidating downwards for the past three weeks while holding the low from the 25th of November. Today, a new low was hit at $6425 with a 4H candlestick now starting to show increasing volume and bouncing back up, is the low in? Here is the 4H chart: On the daily (D) timeframe, which is the main chart...
If this level holds now we may have formed this harmonic pattern which signifies a bullish tone ~ expect to test the anchored VWAP blue line or levels $7.8K to $8.2K? This pattern also spotted by : twitter.com
I expect the exchange to test the $ 6625 adjustment level again. Then you can turn north. In case the idea is right I expect a 31% increase. Target price 8716usd.
The structure of the falling fractal remained unchanged. Therefore, I expect a corrective rise. If the amplitude of the corrective rise increases and passes the level of 0.26237, a further rise in the exchange rate is expected. I'll come back to that later.
We broke out of the old range once we closed below 7400. I think that we need to find a bottom for a new range to test before the next phase of price action can occur. There is an untested level around 5800 that if tested could form the new range of price action until it breaks out higher or lower. Hopefully we can close above 7400 to get back into the old range,...