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We have DMI 4c show bullish is weaker
ADX under 20 reveal unclearly signal
RSI is turn down back
The price built bearish flag pattern so we may up little before drop and bounce from 64xx.
The predict I make in the chart so get it as reference.
Good luck guys !
Bitcoin has had its first healthy move up in a very long time. As you can see in our other previous rallies of 2018, each rally has had several $1000 daily candles. Now we see a slow and steady climb up which more sustainable, continuously making higher lows and with each dip getting bought up quickly. The bulls are now approaching massive resistance, which I will ...
The pattern emerging from BTC 0.79% is one of an extended downtrend, but that doesn't mean we can't make money in the process. In fact, some of the most profitable times are made by shorting the market. But when should we short, and why ???
When entering a trade, we should be looking for confluence, that is to say multiple reasons to strengthen our decision ...
The pattern emerging from BTC is one of an extended downtrend, but that doesn't mean we can't make money in the process. In fact, some of the most profitable times are made by shorting the market.
The golden ratio (0.618) is called just that because of the significance it holds. If the price closes above or below the golden ratio, will frequently dictate the ...
Looks like a BTC bear flag to me. In addition bitcoin retraced 0.382 of 5 waves down, did an ABC and looks like we might do another 5 waves down, if anyone follows Elliott Waves + Fibonacci like I do, I do not see anything bullish yet for bitcoin. There is the possibility of making one more leg up, which if it did i can see 7.4max, but it's unlikely. Risk to ...
From using Fibonacci retracement, Extension and Elliott Waves, this is how I see Bitcoin playing out over the next week. Perfect setup for squeezing the absurd amount of bottom shorters(who opens a short on a support level?!). My targets also coincide with horizontal supports and resistances.
As wave 2 has retracted little, (though there is the possibility it ...
I think it will bounce off the pink line upwards again and keep bouncing til it reaches the peak of this triangular pattern.
These days we see a lot of people claiming that we are bullish
In my opinion we entered the downtrend channel again after a fake breakout on the daily close.
When we following up the daily close bottom line we will meet at 5500 USD again in some days.
At the moment we are touching the 0.5 Fib level which is a well known resistance for Crypto. Either we will see a ...
bitcoin/usdt binance elliot wave and fib.
this is my prediction.
Hello crypto traders,
My analysis shows a bigger ABC pattern , and within it a 12345 Elliot wave.
MACD confirms and shows we are in the end of the B wave and will start C soon.
I will risk 1% on this trade and update as we go. Its a 5:1 risk ratio , but I could update it during the trade.
Position set to sell at the price indicated on the chart.
Good luck , ...
I believe we could be in a ABC correction, as described on the chart I'll short at the price indicated.
Should be a 5:1 , good risk to reward.
Showing the similarities of the USDT pairs to BTC price movement recent ones standing out like xlm and ada were just listed on Coinbase.
After a start in A channel briefly we then went on to B channel then C channel where we fell into D channel, I thought this was interesting circlular fib action at 6358 respecting the .618 and .736 inner fibs. following round due to exit soon prob within 7hrs If bearish then revisiting the upper D channel T1,T2,T3 points on the journey. Position X bullish ...
as it vividly shown in the graph BTC has regular positive divergence in 2 hour time farm, so hopefully it rocket out soon :(
Hello Crypto traders,
This is my idea on how I will be interested to enter BTC/USD on a long position
I'm only risking 5% on my stop loss, please trade carefully and understand this is a market that will take everything if you let it.
Honor the Stoploss and risk what you are willing to put at risk.
I've studied many markets that had similar situations as ...
BTC is up against a weekly resistance now after a strong push off the 5800 support level. It has created a new higher low here and gone on to create a new higher high.
It has also just broken out of the long term down trend which has been respected since early May.
If it gets rejected here we may head back down to retest the recently broken down trend for ...
Bearish trend continuing through 2018 after huge run up end of 2017.