Almost 7 month how we watching ours hero and hope fighting with real economics rule. "NOTHING CAN GROW FOREVER". I do be upset for people who by ignorance step in this game and put them own money in. I watch many scheme invite people deposit money and make x3-4 in short time. also people who ignore common sense and refuse to believe in BIG BTC corrections in 2018....
I cant be sure anything with BTC. But if look back, it was work. maybe this time an exception.? But also that before turn have same candle, and that candle stay on middle channel line, or a bit above.
You can find many websites, even free books of Elliot Waves Theory. But if you read it by on eye, can understand its kind of shamanistic predictions. law of the universe - from small to big, law of complication and development. To build waves, should start from max. minimum time frame -1 min. than 1 min group in 5-15 min, than to 30 min, 30 min group to 1 hour,...
IF market have cycle, everyone wish to find this "formula of the Holy Grail" to know start and end of trend cycle, "IN" and "OUT" point and dream TP levels. Just in little measurements pass steps , Supp and Ress levels, daily terms and price increase in points, made little plan. This is will be LONG term well patient trend,. So everyone decides for himself where...
What is 'Divergence' Divergence appears on a bar chart when the price of an asset and an indicator, index or other related asset move in opposite directions. In most of time DVG have 3 peak, or bottom,. 3rd is considered as confirming. Best indicators for look DIVG is MACD, CCI, RSI, also clone of MACD is Awesome Acs. Best and most confirmed divergence can be...
Here talk only about 2017, as that was his year, and no one of years before. On my post from 8 Dec2017, can see that BTC NEVER down less than 50% Fibonacci correction,. again in 2017 only, because BTC start to have big attention only since 2Q 2017 up. 17.12.2017 trend turn down on risky speed between 0.25 and 0.382 Fibo, with spike to 11,159.93 . which so near...
Nothing about TA. Only how people thinks, how they react, how they eat news and how they see. 2015>unknow 2016>50/150 2017> Mornig-afternoon-evenig= BTC
When use Fibonacci, Gann and Pivot points, can find average areas which can be important and been already. Left side Gann Fan and Fibo Fann, show that 0.5&2/1 very important for new Bullish trend, and can wait break 0.75, 0.618 or consolidation around this lines with potential move to new high in weekly trend term. left down - correlations between ETH&BTC . Look...
Look at pass, and learn on mistakes can bring success to future. Analyzing now last 2 month, can make some plane for this February. Many books about "Japanese candle", and "TA" said that only daily charts, only they carry useful information. Lets see and analyse! P.S. If you see mistake, or different ideas- lets discuss it.
XRP with BTC have different relation in correlation. I find nice website with correlation and sentiment analysis (cointrading.ninja). i cant put full link, as i will be banned for advertisement. There can see changes in big list of coins for , 7 days, 1,3,6,12 month.
This is only one coin which i can found, that have 95% negative correlation with BTC. All life of this coin is down trend, with huge spikes. No matter how you gonna move chart or zoom in or out, there strength mirror.
Daily MACD show good Divergence, already done 2 touch-point, 3rd can be the last one, but cant know how much we can expect . Now Candle creating Bear Hammer.
Ripple has created bearish channel,. Overlaid Daily support and resistance levels+ Fibonacci+Gann Fan, drawing future projections on price-points, where have to play attention. Now price staing at 38% Fibo+Daily Pivot (was tested, and refused). Next 2 Support is surrounded 50% Fibo, and 50% level its serious area for break or reflect and back to Bullish trend. *...
$162,906,887,946 BTC mark.cap $109,547,148,915 ETH mark.cap Each of this cryptocurrency have real fan and followers,by own reasons. Price came to critical "BEAR" levels. Gann FAN resistance 4/1, 8/1 and Fibo retrc.61.8% , 73.6%. 3/1,4/1 already changed from Resistance to Support.Plus price pass 61.8% what means no way for call it "Corrections". Man, its real...
More BTC playing game with market, more ETH get power against BTC. ETH know fact and positive side: 1) we know creator of ETH 2) we know his plan and roadmap 3) idea of ETH and ERC-20 tokens is bring new project alive. BTC: 1)??? - money... 2)??? - money... 3)??? - money... *1/1(bull) is core of trend, and price will folow this trendline, where...
Now can see down trend, between 1/1(support) and 2/1(resistance) lines. *Also 1/1 is start of Fib Resistance Fan. *2/1 (resistance) is 50% Fib Fan. *4/1 (resistance) is 75% Fib Fan. *8/1 is last resistance and breaking point. And if price will go above this line, trend will turn to Bullish with next potential growing. -------------- *8/1 is strong support of...
"Market is humans in front of screen, or they trade or control trading soft. Most important in trade is - 'human factor". Where market left mark, there acted "human factor". IF BTC will continued his journey to underground, we will have mass panic and total sale of all alt-coins, here don't have correlations of relations between them, just what people thinks and...