In my previous video analysis, I mentioned that there might be another sell-off. Shortly, price broke down and is now sitting at the 200-day moving average. If price can't hold at 200MA, there would be more sell-off. Simply because there will be a lot of traders who longed at the bullish hammer candle reversal pattern which coincide with the MA support. And...
Bitcoin now looking to consoldate from this support zone. Needing momentum to build to complete the correction and flip Bitcoin back to a lonfg position.
Quick video to cover what i'm seeing take shape on BTC. The last two daily close in my opinion are positive for BTC to rise. I'm not saying we cannot see any further downside, but since price action is getting held at the 200EMA, I believe we'll see a rise in price action over the next couple days. I hope you find this video informative, but know these are...
This video quickly describes how I put my support and resistance levels (zone) on my charts and how I typically use my fibs. As I mention in the video, I try to keep it simple, straightforward, and not spend to much time in my charts. Personally, i find the more time i spend in my charts the more i hunt to find something that might not be there. This for me...
Hey guys, I know the analysis looks simple but that's because I simplified it and tried to get to the point. Thanks for watching!
Here is our forecasting report on BTCUSD (BitCoins) for 2 February 2018. Based on our forecasting techniques, it would appear that USD3,500 is possible for Bitcoin. Will it happen? Let's monitor this very closely. Good trading NinjaSingapore 2 Feb 2018 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or...
Hey So this is tough to say ladies and gentleman, But BTCUSD -7.42% to $7,500-7,800. Here's why.... So as I predicted on Sunday after my Wyckoff theory Sprung, Tested and Failed. I knew we were in for a doozie! Here is yet again Another Dead on Elliot wave and Elliot Sub wave chart. I also have a 50 day MA and a 200 Day MA. When the 50 Day crosses the 200...
Hey So this is tough to say ladies and gentleman, But BTCUSD to $7,500-7,800. Here's why.... So as I predicted on Sunday after my Wyckoff theory Sprung, Tested and Failed. I knew we were in for a doozie! Here is yet again Another Dead on Elliot wave and Elliot Sub wave chart. I also have a 50 day MA and a 200 Day MA. When the 50 Day crosses the 200 Day is said...
So everyone wants top know, Whats going to happen! Well, Were going to have a slight rise toward D but we are ultimately going to be heading over to E. Around $7,500 USD, Alot of people dont agree, or dont want to see bitcoin at this level Thats ok. You can sit in FIAT! or you can ride the wave.
Quick up date this evening BTC and a follow on to my previous video. Price action has played out as i was expecting and hit my 1st target and giving indication that it wants to move to Target # 2. I know it's painful to see BTC correct this much but with correct money management dollar cost averaging into positions, I believe these levels are offering up...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
In this video, I highlight what I'm currently seeing in my 4HR charts and the setup I've been watching that's currently playing out. You can see we had a break of a inside uptrend line, which is part of a triangle pattern that played out today. As of right now, we are trending down to target one, which I think will be hit and aligns with a low back on Jan...
Have a look at the video, the areas I'm watching are: Early support- $7300-$8300 Final target- $5000 Those should act as good levels to watch/trade reactions. We have a clean pattern here and so far everything has behaved very technically. Good luck and I hope the video is helpful.
I've identified a bilateral pattern otherwise commonly known as your typical descending triangle. Today Feb 1st, 2018 at approximately 5:30 am it broke the support line from the triangle as you can clearly see. That signals a breakout downward. Now , the questions is where it will try to test next. Well, Ive identified an old trend line that is the purple dash...
It's now in a consolidation. After the consolidation, there might be another leg down - a sell-off soon. Price is still clearly in a downtrend, based on Ichimoku Cloud (price is below the cloud). Do not buy when it's in a downtrend. For more trade ideas: www.patreon.com
Hope this educational content will help you make a better use of the indicators. Remember that these rules are just ground rules. Positions sizes and stops positionning will depend on your own risk profile. This is up to you to find your comfort zone on these parameters. Indicators used in this video are : PRO Sinewave & PRO Momentum Don't forget to hit the...