Gebbo

Gebbo

Technical Analysis: - PAY/USD seems like a Wyckoff. - Volume below the 2 big spikes to 5$ would also indicate an Wyckoff Accumulation. - MACD bands crossing at the daily upwards. - Volume still missing and still below POC 0.00% and monthly Pivot . - Target for this rally could be 4.66$ (yearly Pivot ) or maybe we wick through to 6.9$ (100% Fib level)....

Gebbo Updated 

Bitcoin Long Term Trend Analysis: - Pitchfork - Logarithmic scaled Chart - Volume - EMA - Trend Channel - Long Term Trendline - Fibonacci Retracement

Gebbo Updated 

Bitcoin Long Term Trend Analysis: - Pitchfork - Bollingerbands - Volume - EMA - Trend Channel - Long Term Trendline - Fibonacci Retracement

Gebbo

The purple lines represent the actually trend channel. The turquoise line is the actually support level. As we can see we have a consolidation at the 78,60% Fibonacci-Retracement (6370 Yuan) which i would see as an important level. At the RSI we have a bearish divergence at the 1 hour chart. The channel range is between 6500 yuan and 6200 yuan. A break to the...

Gebbo

After the break of the yellow triangle to the upper side and above 5200 Yuan, we are stuck in a ascending triangle. We have a big resistance above the 5350 Yuan level. We have to break the 5450 Yuan level before we can go up higher in price. The next big support level is around 5100 Yuan. After a possible downward move the price should trend up on the turquoise...

Gebbo Updated 

The Chinese manufacturing PMI will influence the market direction. If the PMI will be lower then the last time then we will have a breakout above the upper side of the triangle. The volume should increase around 28.11.2016. If the breakout to the upper side of the triangle fail we will retest the 4600-5800 yuan support zone which is also at the 50% Fibonacci...