Hi, I made a super bearish idea that might take us on 2016 prices for bitcoin -2.91% and altoins, correction is based on 3 fractals that will take 1 year and having a 70% variation on each based on first fractal .
BTC -2.91% Fractal 1. $20.000 ->$6.000
BTC -2.91% Fractal 2. $10.000 ->$3.000
BTC -2.91% Fractal 3. $5.000 ->$1.500
This is pure...
Following on from previous, fairly obvious what we are seeing here.
Waiting for a decent breakout of this descending broadening wedge, will be looking for good volumes - possibly some form of "news" from our friends at the investment firms who initially kicked this chart into life back in December 2017.
Whatever the catalyst may be, we should be ready for it.
Trend shown weakness, Bitcoin crash following a rejected breakout caused a flash crash throughout the Crypto sphere (very common).
Hope this will not be a catalyst that will lead to a bearish reversal.
Happy to open a short if the opportunity shows itself,.
Follow up from previous.
Sorry this was published 3hrs ago, but accidentally published as Private idea. Couldn't share on time. Still not a bad entry point for short term trade. Broken out of resistance trend line, Keep watch on that base line (small red dotted line).
Also, having to watch What Bitcoin is doing, as market is very unstable right now. If there is...
The price of XRPUSDT performs correction movement. At this time, it's a mild sideways. According to our strategy, this sliding motion starts with a slow slope upwards. This flat movement is expected to last up to 0.22807. Then a corrective action may occur. You can test this level around 0.19708. If our assumption is correct, further increase is expected. With the...
Works very good on Daily on other like 4 hours can help but not that simple an good like this one.
Long Lost*** Small lost
Short Lost*** Small Lost
Long Win *** Very Big Win
Short Win ** Big Win
Long again just open until another short
How this works if you see two candles open in one direction follow by another red in the 5 candles you go...
My expectation with the very small data it is to to go Long but it is very difficult ...
Patterns base on big movement, very simple on MACD, to go long an short base on MACD structure on Daily breaking levels
Remember do not risk more that 2 %
Looking at the 4 hour Ripple Chart showing Bullish Flag. Looking out for the beginning of wave 3-4. Targets probably around 3x the original move rather than the 127 extension. Move within the next 24 hours I believe the volume of the move will come from BTC and Eth profits
I am not an expert just sharing my idea.