BTCEUR - in slightly downside biased range and currently addressing top of the 4-8hr range, likely pullback occurs before more .
In case of converting red zone in to support - likely our daily red zone opens up for the taking.
The green arrows up are buy bottom buy signals - while small red arrow is sell the bounce signal - they're automatically generated by...
after looking at the graph, taking into account that a rule of elliott waves is wave C to go below wave 4, this channel will be broken down, the limit of the blue square above is the limit of wave 4 and the limit below is a price support, when breaking this channel there will be panic in the market, but it could be Beartrap before the final push to the new historic high
Possible head & shoulder pattern on BTCEUR on the Daily.
Green line = neckline. Measured distance from head to necline is shown and copied to indicate the target to the downside.
Fib-levels (0.382 up to 0.786) are displayed on the chart for possible targets in case of a short.
First target (based on the H&S), around EU20.500 is in between the 0.500 and the 0.618...
BTCUSD is currentliy in a correcitve move signaling by the lakc of interest upwards and missing volatility.
The idea is to wait for the last supply zone to test before moving lower.
Yes, nobody knows what will happen tomorrow, but based on patterns we can safely assume that BTC has overheated.
Enjoy the next few months fellas, it will be a ride, FOMO campaigns non-stop, don't get fooled, just play your day-trade,
in and out, unless you are acquiring spot assets in which case HODL.
If I were you, I would wait for BTC to re-test the 47,000...
This is an update to the previous forecast see link below.
Based on what we have seen, we are now effectively in a battleground. The same 'big' holders who are on the verge of selling their crypto assets are the same people asking us to HODL.
Bitcoin, I believe in you, but, you are not worth your money. You are worth our money, just not this much, and as the...
I made this observation for myself to see what a year in crypto really looks like, let's see how right or wrong one can be, tread carefully. Personally, see it going to 30k, but that is speculation. Safe trading.
#Theywillwanttoflushthemarketbeforerealadoption
#Nothingiseverwhatitseemswhenbigmoneyisinvolved
Divide it all.
Class A hidden bearish divergence over class c general bullish divergence is suggesting a continuation of the downtrend. Let's wait and stay systematic.
