16000 for the dow is the bottom imo.
Bitcoin is finding support outside of the Bolinger Bands. How long long will this last <_<
If 72% btc domination breaks I will be looking to buy alts in the red box. I am staying in btc/flat until then. I am okay with being wrong if so.
Bitcoin is at another interesting point in time. This is either a bottom or continuation diamond pattern. It could be a potential decision point for a major move. time will tell. Enjoy the story.
This is a comparison of the shorts being opened on bitfinex and the price action. Incoming volatility imo. This method information is only valuable on certain trends.
Bitcoin is showing a death cross on the daily chart, institutional investors see this is as major indicator of a down trend in an asset. Volatility incoming?
Holiday trading seems to be crazy for bitcoin. Last year every major holiday had an aggressive stop hunt. 2017 was Christmas/new year all time highs. 2018 was the lows. Thanksgiving/easter was a bull trap/bear trap. What will this year bring hmm.
So I find this interesting for some reason. I expect a reaction very soon from bitcoin because of this cloud. I am not exactly sure how it will behave which is partly why I made this chart. The material provided is meant for educational purposes only
Hello Friends, Here is my opinion of what I think will happen with bitcoin in the upcoming months. imo the 20k fractal is playing out beautifully. I see another fractal that I have identified and I would like to share with you. Multiple similarities across a RSI, candle structure,volume I am pleased to bring to you a fractal update. Trade safely, god speed.
I am not sure where this is going tbh. I don't trade ripple much, never had much luck with this asset. I do not see very much support here honestly. It seems xrp could be suspect. Notice how Elliot wave three order block apex failed to hold as support even briefly? it wasn't there at all... this makes me suspect of that entire triangle support region. ...
I am curious how this ends. Made this chart for educational purposes. Looks like a continuation break pattern however this could be a reversal. Shooting star in a down trend at support usually means bad news but this is bitcoin and bitcoin isn't always logical. Either way I am expecting some more volatility. I made it in the inverse because I like to look at...
I can not read into the future and I only am providing a possible idea for what it to come. These fractals almost look identical at this point. In my opinion if 7100-7300 does not hold neither will 6k. The drop will happen much faster than the last fractal because it will be obvious where this is going. This is only a theory of what is to come. To play devils...
A breakout to the low could mean new local lows. 9080 would be a target area for a short p1. A breakout for a long and possibly mean 11k for the tp1
This is my overall opinion on where bitcoin is headed. I am not taking a trade here but I do somewhat expect a significant drop in price from here.