BatterT

BatterT Updated 

Upper trendline resistance has been broken. Price is looking to retest the trendline. I will go into a long position if price retests trendline (resistance becomes support) Use a tight stoploss and sell at next resistance level.

BatterT

Just an idea. Technically this pattern could take us to 13.5K.

BatterT Updated 

Watching this nasty descending triangle which could take us potentially all the way to the golden pocket (0.681 fib)

BatterT Updated 

As you can see our Inverse Head and Shoulder pattern played out perfectly. Currently our trendline support is acting as resistance. The bull need to break this to go higher. I have marked the resistance areas that the bull need to overcome if we want to enter a new bull cycle.

BatterT Updated 

Possible iHnS forming on the daily. If neckline is broken, we could expect a rally up to 7.4-7.5 k, where the next logical resistance is. As a major reversal pattern, invers Head and Shoulders Bottom forms after a downtrend, and its completion marks a change in trend.

BatterT Updated 

Rising wedge forming on the 4H chart. possible drop.

BatterT Updated 

Looks ready for a bounce. Bullish Divergence on the daily. letzgo

BatterT Updated 

Bounce bounce bounce

BatterT

Look for neckline breakout. Potential target around 6.7k

BatterT

If we take a very zoomed out look of BTC on the weekly chart we can see the following confluence points around 4-5K price range 1: 0.786 fib. retracement from the start of the bull run in 2015 (which is a very bullish and healthy retracement) 2: If we extrapolate the 200 EMA ( light blue) it will fit this price range 3: Area of high support 4: The trend line...

BatterT

Monthly chart looks so nasty

BatterT Updated 

It's all in the charts

BatterT Updated 

WAN is gonna bounce so fking hard. STOCHRSI super oversold, shit is gonna pop.

BatterT Updated 

I don't see this badboy going any higher than this. Clear signs of bearish divergence are seen on the RSI. Also MACD is downticking. Target FIB levels for entry points.

BatterT Updated 

All the indicators are screaming for a correction. This will be a awesome buying opportunity for investors to accumulate more Verge before the big announcement 17th April!

BatterT

So the 200MA smashed the bulls twice when trying to break above 9700k. The 200MA is acting as a hard resistance. Also we now can draw our new upper trendline wich also is acting as a resistance. New low coming up?

BatterT Updated 

According to Elliot Wave theory Verge will retrace after successfully finishing wave 1 now. I'm looking to buy in the green area. Lets see how this works out.

BatterT

Lets Zoom out a little bit and take a look at the WEEKLY chart of BTC. We can see that a HUGE pennant pattern is forming on the weekly chart. Pennants are continuation patterns. The price rise preceding the pennant is called the flag pole. The bottom trendline has been respected and has been acting as a support several times. We reach the apex of the pennant...