The price is moving fast as I am typing so, btc hit the 0.61 fib level (7500 to 13700) and the 0.382 fib (4000 to 13700) So a bounce to the 0.382 and 0.236 level respectively is the high probability event. lower probability scenario a move to 9200 and a bounce to 10000
Bitcoin is trading in this channel for 6 months now. Highterst probablility scenario, is for Btc to trade towards the midle of the channel. In case of a break, around 13300 is a stong horizontal resistance.
My indicator has flashed on 4 hour day and weekly
Some of the evidence suggesting that the party is about to end 1) 200 day Smooth Moving Average, historically a great Support/Resistance Level 2) TD Sequential 12 hour TD at 16 Daily TD at 13 Weekly TD at 9 3) NVT Showing reversal at both daily and weekly candles 4) Potential RSI & Volume Divergence with Double Top
This idea is made for educational/long term investing purposes. It tries to prove that #BTCUSD , on the log_10 chart, is following a similar pattern to the to graph produced by the y=Log_e (x) +1 function. The gray lines are the support resistance lines with their angle lines on the side. The purple lines are constructing a potential trading zone. With light...
I think that the bottom is yet set. I feel that a last drop with "blood on the streets" is around the corner. Time wise, i think that the last move will happen in Q2 2019. After that the consolidation period will commence. According to this idea, we might see BTC as low as 1850, but in different analysis methods I expect a bottom at 2600-2800 USD
I know that the Elliott wave hardcore theorists will disagree with me, but this is what i see
It is a matter of time for Silver to brake the current Pennant. Due to numerous reason (check the attached idea) my opinion is that it will brake bullish. The only question is if it will have a false brake down before the pump starts. in case of a brake down, I see the levels of 15.575 and 14.630 as strong horizontal support
BTC to touch the top of Daily Ichimoku Cloud
Late December last year we sold at the preceded top and we bought at the low at early February. (check the attached idea). We have a nice cup and handle formation and the upwards movement will be aggressive. I expect the 3 years old channel to brake bullish. We might see a move similar to September 2016 Now it is time to make predictions for the ext 3 month. ...
Monero as an alt coin its price in terms of USD is highly correlated with BTC/USD. Generally I see Monero reaching the top at around 20-25 of December. With a bullish btc resistance at 500+ is the target and with a bearish btc the price can fluctuate. No matter what, the XMR/BTC ratio will maximise at the around 20-25 of December.
XMR is consolidating since September 2016. With the hard fork of Vmonero we can see a huge up movement.
btc is hitting major resistances in an ascending wedge formation and it is time for correction.
If btc continues its downwards movement then 4.5-4.9 k should be the bottom according to the fibs
Hello guys, Bitcoin is heading toward the last stage of it's correction. It looks like it is following an ABC / Complex correction, that it is going to momentarily brake support* before it starts a new market cycle towards 30k+ after it brakes resistance** So, using Bitmex I am putting lots of small buy orders between 11000-12500 and I keep my liquidation price...
Bitshares broke the bearish market on October (first Elliott impulse wave - light green), shook out the bears (Elliott correction wave - red), especially at the A point and now it is ready to jump again.( second wave - deep green) Point C was too low because of bitcoin's spike ( Blue line)
The last 2 years the silver market is behaving similar to mid 2003 to mid 2005. Even if we assume that the Stock Market, Bond Market and Housing Market will not correct the coming 2 years, the Silver Market looks really bullish. Especially if we take into consideration the recent capitulation in the bullion market (www.bullionbaron.com), the "Crushed Profit...
There is a real chance that btc instead of correcting back at 6k it might accelerate even more (18k by late December). for those who read my trading view posts, you already know that I predicted a direction change (funnel brake out) weeks ago, but i thought that it will happen in a month(late December). it looks like it is happening right now. btc after trading...