bestfarbit74

bestfarbit74 Updated 

Hi every one As you can see on my daily chart, BTC price is in my grey limited zone for days.what does it mean at all? that means as far as the price is trapped between my 2 green and red dashed lines we are in sideways channel it can't decide for uptrend or downtrend. and our trading would better to limit between 7200 and 6600 . the price is still below...

bestfarbit74 Updated 

Hi everyone BCH right now seems more bullish than bearish to me. WHY....? 1- double bottom pattern and if goes down could be triple bottom for strong confirmation. 2-on rate of change indicator we can see strong bullish divergence and the line is on the positive side right now. 3-on MACD we can see the same. macd is moving on positive side. on ICHI indicator but...

bestfarbit74

Hi everyone to me going upward is more likely right now.no need to explain more. I just set key levels upwrard and if you take long position set your stop loss. Enjoy the market ............................................................................................ Dear fellows I would be glad to share your ideas and leave comments here what do you...

bestfarbit74 Updated 

Hi everyone I hope you notice my previous BTC analyze( recommended to visit it on my link below before reading now). as you can see the price moved down to the area I mentioned on the chart before and the daily candle couldn't close down the blue trend line. so what's next? now the price on 1H chart is under the 200EMA(white line) and our 50EMA hasn't cross down...

bestfarbit74

Hi everyone EOS declined below 200EMA & 50EMA .I mentioned my previous analyze for grey support area and strong support level. as you see on the chart the price rejected and bounced up from our strong support level to grey support area( now act as resistance) in 1H chart. as far as it could stay up on our support level we can expect going upward more but if the...

bestfarbit74 Updated 

Hi everyone EOS is one of my favorite crypto to watch, so after a deep declining it shows some positive sign to grow. although I'm not expecting to go back upper than I drew on my chart but it is too soon to judge. as you can see on the chart MACD is on positive side and we are upon the ICHI cloud. we may have some correction at this level but I expect the price...

bestfarbit74

Hi everyone BTC 4H seems to go for correction at this point maybe after some consolidation hours. but I still remain bullish as far as the price remain upon the blue trend line. but if the price close down my line I consider it bearish. on the weekly time frame we are still in bearish side but as you can see on klinger OSC. it is moveing upward that we may lead to...

bestfarbit74 Updated 

Hi everyone BCH had nice moving up after my last analyze. two of three of my target hit and I still looking for last target before deep decline. looking at klinger oscillator gives me the idea that we my not go up more , so if the price closed down my blue trend line it means going further downward, we will see.but as I said still hope going upward more at least...

bestfarbit74 Updated 

Hi everyone BCH broke our triangle downward but couldn't keep going down. as you see on the chart the price trapped in ranged area and I expect it takes a little more long to break up or down that area. but I am still more bullish than bearish.if you look at the rate of change indicator you see the price crossed up the zero line that is bullish sign. anyway if...

bestfarbit74

Hi everyone BCH completed our bearish triangle and it's time to make decision going up or down. I believe going upward first to short term area on the chart is more likely. but if the price goes downward its short term goal would be into the weak zone on my chart. MACD shows side way right now that tells me we are going to have nice price action soon, up... or...

bestfarbit74

Hi everyone I take a look at the chart more deep and came up whit this idea that maybe our downtrend not done yet and we have way more to touch our bottom. I have 3 reason for my assert. 1- BTC halving is near(around May) and if we look at the halving history we can see after halving the price go downward more and sideways for weeks this could be the...

bestfarbit74

Hi everyone everything is clear on the chart.after broken up our weak zone BCH can follow our triangle pattern or break the resistance upward, there could be bearish or bullish. being patient is the key. wait to see what's on the table.stay safe Enjoy the market

bestfarbit74

Hi everyone after massive declining the price seems to get a bit stable and I think its time to buy at least for short term. so I dare to buy here for short term. everything is clear on my chart no need to explain more.... always, always trade safe. Enjoy the market

bestfarbit74

Hi everyone after all massive markets bleeding (considering every market and now we are blaming corona virus ) whatever, there was no rational on the market and right now we have to just be patient and wait fore awhile and just follow the market movements. I just have a look on BCH 4H time frame and drew the movement possibilities might happen. but I myself won't...

bestfarbit74

Hi everyone On our daily chart BTC broke down our main support( now it acts as main resistance) so declined more to 7600 territory and I mentioned it exactly in my past analysis. so what I expect to happen is on the chart. BTC movement possibilities zone 1#-2# and zone 3#. if BTC daily candle price can close up our main resistance line and hold it for a while...

bestfarbit74

Hi everyone As I mentioned my last analyse the price action did well exactly what I expected. right now I draw on the chart the possibilities that BCH goes in short term. I believe that the price should test the main zone (somewhere around 240$-220$) and after that we see what would happen. Enjoy the market

bestfarbit74 Updated 

Hi everyone BCH shows some positive signs after heavy declining of 497$ to around 300$. so I drew possibilities can happen in short term the main resistance and support area would be our short term targets. Enjoy the market

bestfarbit74

Hi everyone As you can see my chart on weekly time frame, the price is in the ICHI cloud and on MACD we have low strength. that means the price could be trapped between 2 dashed lines (weekly resistance & weekly support) for awhile .weekly consolidations OR even market maker manipulation (less possibilities) is expected. so unless these 2 lines not cross down or...