murfichan

murfichan

In weekly chart there is double top pattern, CCI also showing divergence and also Fibonacci showing possibility to USD 26.000

murfichan Updated 

Btc looks like going to be volatile soon, just be careful. This USD 45k level is the key according to MA.

murfichan

It looks BTC could not go above the resistant, RSI and Stoch still in the selling zone and also price looks to continue going downward

murfichan

My prediction is Btc is going to test support around USD 31.000 if it can not go above USD 47.000 during few days.

murfichan

I am using RSI and Stoch Oscillator with combination few moving average lines 20, 50 and 100 and also 1 trend line

murfichan

This chart is showing by using Fibo Retracement that I pull from 15 Feb to 15 March from the highest to the lowest and we can see that price is already stay above Fib level 0.618 which will move higher to Fib level 1.618 soon, but this only will happen if the price not moving down below USD 9.400-8.800. Also we can see that price is trying to break the triangle...

murfichan

Btc is staying on the support line weekly, there is a chance for correction because Rsi Stoch is quite high now but as long as Btc price is strong above USDT 3,700 bullish confirmation is still on

murfichan

hi all, it seems that I can see how it is going for BTC for coming days soon. Please prepare for another strong bull or bear, I can only say if it goes above USDT 4,000 is a good signal to Long position but if it goes down USD 3,750 go for short.

murfichan

Check out the price channel, I believe BTC will make a big jump in few days ahead, why? BTC was doing false break from the bottom price channel but didn't fall too much and now check it out, it is coming near to the bottom price channel. If BTC is going to enter this channel be prepared for a chance to roll back higher from the up price channel. RSI indicator...

murfichan Updated 

Indicator MACD shows that ETHBTC is on uptrend now, RSI Stoch on the bottom, RSI is near strong 35 support, price is above trendline, it seems all is showing that it is still safe to hold ETH for now.

murfichan

Where BTC is going to? I try to apply Elliot Wave rule to BTC chart, draw some trend lines and check it out...not sure 100% but at least can make us more careful to get in to uncertain market now. BTC seems in the support line now which means if it breaks down can be surprised for everyone due to I believe the price will drop quite sharp or if it goes back to up...

murfichan

I really hope BTC support USD 6,450 will be strong enough so can continue Bull.

murfichan

Btc is going down again, see the trend line that I draw...it shows the price just bounce to continue to go down...price is below MAE which means we are probably still in the down trend...except price goes above USD 6,500.

murfichan

I draw 3 trend line in TF Daily, it seems our situation now is almost the same with the previous condition... If it will be the same then BTCUSD will hit USD 7,700 for resistance before going back bear... Let me know your idea...

murfichan

I try to make few trend lines and using Fibo and also adding up with Volume analysis. This chart is showing price is moving sideway with volume keep going down. I believe if the price now is not breaking higher then the next candle will going down and touching the Fibo levels. Let me know what you think....