nafnar

nafnar Updated 

A small profit-taking idea. Inverted double bottom formed. Price wants to go down and will probably touch EMA 200 again, or lower early this month. And rise again. Target 4900-5000, mid or late-September. As long as there is no unexpected, or major news, price will remain in the 4000-5000 area for this while I predict. Could maybe reach 6000 next month (October)....

nafnar Updated 

(+): + Ichimoku cloud crossover signal. + A lot of potential buying volume. + Strong support at 38-40, minor resistance at 42. If resistance breaks price will rally high, estimated 45-50 at least. If support breaks, secondary support is at 35-36. + Price has been below long-term trendline for a while. It's going to reverse. + Bitcoin transaction at the moment are...

nafnar Updated 

Disclaimer: This is highly speculative, and is never a form of solicitation or advice. Please be responsible of your own trade. (-): - Ichimoku cloud indicates that there may be a crossover, possibly moving current trend further downwards. - Many exchanges are closed before, and during 1 August. Reducing market volume, and movements. - Fear and worry to some...

nafnar Updated 

Disclaimer: This is highly speculative, and is never a form of solicitation or advice. Please be responsible of your own trade. Considering: (1) { + 200MA as the longer overall trend, and 100MA as the shorter trend. A convergence between these two could indicate a possible trend reversal (not always immediate) + Previous records of convergence have proven to be...

nafnar Updated 

Disclaimer: I'm a beginner and this is my first published idea. This idea is for observational and speculative purposes. Please be responsible of your own trades. Due to the upcoming convergence of 100 MA and 200 MA lines, soon there could be a bull/rising trend for BTC/USD. Secondly, there is also the $2400 resistance barrier that if successfully passed, could...