traderisso

traderisso Updated 

When CCI reaches overbought point at 1 hour chart, right shoulder top can be targeted. Then price and cci may move down. If this formation is completed like this, head&shoulders patterns support will be very important for the next week's movements. * None of what i write here is not an invesment advice. Do your own research before investing in any digital asset.

traderisso Updated 

​Fibonacci retracement 0.382 point and critical rectangular resistance are at this point around 41,600$ Breaking up here can take us to Fibonacci retracement 0.236 level that is around 45.500$. Even if Bitcoin will see this level in my desicion we may target Fibonacci retracement 1 level which is very close to main trend support. Rsi lower than previous...

traderisso Updated 

I see here two patterns. Double tap and Adam&Eve. For the completion of these patterns we should see around 1700$. But in my strategy I think the level of around $3400 will be seen first. Because in short term we are in uptrend. I expect it to aim for an upper channel top. This point is also very close to the Adem&Eve Curve. This short term uptrend started with a...

traderisso Updated 

In my previous analysis, i said that i expected sales from exactly 45567 resistance point. I have a few reasons. First reason was the elliot waves. I showed these waves simply before and now i wanted to show a little more detail. Let's see what will happen. This analysis can be garbage if we close above 45567$. If you are interested, you can check my previous...

traderisso Updated 

We are very close to 1.618 Fibonacci retracement level. It has broken falling wedge with a nice rise. I draw trend based fibonacci time lines, 10 Feb or 28 Feb can be trend change dates. We should see more volume increase for trend change. Cci strategy shows that we are in uptrend in short term. It can move between the white dotted lines i draw. I will wait the...

traderisso Updated 

Just For Fun :) Bitcoin knows the danger zones very well and then finds safe ways. When do you think Bitcoin's next adventure will start?

traderisso Updated 

In this long downtrend our wave cycle may be over. Let's follow the moves. * None of what i write here is not an invesment advice. Please do your own research before investing in any digital asset.

traderisso

A possible cup-handle formation. I drew the Fibonacci targets of this formation. I'm on the long term bullish side. Good luck gold lovers :) Not an investment advice, it's my personal opinion.

traderisso

A Pennant pattern has to be preceded by a strong up or down move that resembles a flagpole like we see Bitcoin's movement in recent months. Rsi compatible with this bearish pennant pattern. Look at Rsi indicator. 5 times rejected by the resistances in the downtrend. This expectation is in line with my analysis that i expect the continuation of the other...