ETH double bottom!This double bottom has a target of 2.9k and we already broke above the neckline. At 2.9k is a very important horizontal resistane line. When we get above the resistance ETH should see new ATHs soon. We also broke way above the Ema ribbons and also retested them sucessfull. Fib retracement indicates 3337 to 3804 dollars. When you want a analysis to any currency or stock then write it in the comments. I will do a big analysis with a 1 to 10 ratio, depending on technical analysis news, updates, indicators and more.
3k
bitcoin during christmasI think bitcoin is now almost starting the c wave of the 4th wave of the A. We could see something like this play out in the coming days.
Volume again is very very low so it could take some time!
Since my previous idea i had to relabel the subwaves, if this plays out i will show the count on a larger timeframe
pls follow me here on tradingview and on twitter for newest updates and press the like button if my ideas helpt you!!
my twitter account: @DaveCrypto83
after this correction one more leg down?In this count btc just ended the 5th wave of the 3rd of the 5th. From which we got a nice reaction... This last 5th wave came untill the 0.618 of the 3-4 and simular in length of the 1st wave.
Bitcoin is currently making a 5 way structure up and is now busy making the 4th... this 5wave can become the A wave of the correction for the bigger 3rd wave down (the blue one) which was extended to the 2.618 so a bigger correction could be expected.
After this 4th wave there will probably still be a nice short opportunity for the 5th of the 5th wave down, where we can retest the low and maybe break it....
Pls also check my WXYXZ correction predicted and published by me on 29 august... still very nice on point and certainly still valid and in play, link is below
BTC/USDT: Not falling for another fake breakoutMy short term trade will look like this. BTC/USDT will touch the upper trendline, and will be rejected. The STOCH RSI indicates a downward move soon, so it all makes sense. The lower trendlines indicates the 3000$ mark, the "magical mark" for some people. Will trigger a lot of buy orders, and even more sell orders when broken down.
Not financial advice, just me analysing what I see.
my bitcoin prediction for the coming daysGood afternoon all,
in my last analysis i expected bitcoin to retrace further up till around the 4600/4800 region and make a bigger and complexer correction but it did not. (correction are always the hardest to predict, and there was no short squeeze).
In the coming few days this is one (my primairy) of the options imo (i will see if i can make some time to chart the other options) .
I still dont think we hit any bottom, if i look @ the structure of the waves i think we still have to go deeper.
My short term target (coming days) is around 2900-3100.
Pls also check my long term prediction from august linked below;)
BTCUSD - Let's test the 3k
Everything is falling in line for ~3k test.
both RSI and Stoch RSI show bearish divergence. SAR, waves, trendlines, channel, wedge, almost everything confirm the further fall. this downfall is not over yet. but we may see a little correction on the way down.
BUT this is TA, you can never be sure. we can just filter out the possibilities.
i think the best move is to stay out for now and wait for confirmations you need.
i'm only 3 months into TA and i'm just sharing my idea about what's "more probable" from my point of view.
Thank you and good luck dear friends.
Bull trap around 11K, then 3K (not without dead cats)Bull trap around 11K, then 3K (not without additional dead cats), 3K in 2019, like in second half of 2019. Then Slowly up. Next ATH in BTC will be like in 2022-2023. and will be around 160K - 250K (not really sure about the ATH high exactly). Cheers.
The Arrows timming is not correct, i think 3K will be achiaved somewhere in second half of 2019.
October Bitcoin Price: Tribute to the WOLF OF POLONIEXChart is crazy and normies will be brainwashed by groupthink that this will not happen . They will say there is no way that is gonna happen no way. Mike Novogratz assured me bitcoin would never be below 5800 ever again as he birthed the "there are no more sellers" as he also told you that on the cnbc. I imagine this post will get banned as we get closer to this actually happening so I would urge you to save it and repost this chart so we can save as many normies as we can and they can buy somewhere closer to the 88 percent fib retracement which is like 3800ish. But this will not happen as I get called a wacko on meth in my tent in the woods.
The ta: Basically draw the downtrend line from the past 2 bull traps( 8500 7400) and draw the bear flag on btc. Btc should be finding support on the 22 ema daily as we speak. Draw the fib lines from the low of 6150 to the top of 7400 of the previous . The top two fib lines below 7400 are like 6900 and 7100. We move from the 22 ema daily to the 6900 fib target back down to the 22 ema daily then spring up to the 7100 fib target break down to break the 22ema support forming and then down to form a lower wedge at a lower low and then pop up rekting shorts to have enough ammo for the higher high fakeout.
My Trade : Long 6500ish to 6850 flip short at 6900 short to 6550 and then relong to 7k and then flip short to 6. Adjust targets accordingly. Will long 5900ish to 7.1k and then stay out of the market.
Remember when Novogratz said 40k btc by next december 2018 and we topped at 20k in December 2017 so normies can fill his shorts again. Well he will once again mention something like "well I told you 40k btc by Dec 2018" is possible once we get a shocking bull run in November as the market makers pump it re refuel interest in crypto with the big money ( those truly in charge) opening up their big exchanges such as bakkt and goldman sachs who now owns poloniex. I can imagine there will be an onslaught of bullish news as novogratz always said "the herd will storm in " when regulations are passed.
I also believe bittrex and poloniex and all American exchanges have already lobbied against binance and tether . Tether will prove to be legit but goldman sachs got angry and made their own stable coin( partnered with bitmain) in attempt to overtake tether's market share. That was the reason for the attack on tether which was ultimately an attack to take market share away from bitfinex. Tether proving to actually be legit and biffinexxed being a shill paid by goldmansachs/bitmain to trash tether will change the market sentiment from bear to bull very quick in a months time. There will be binance fud as they right now dont require kyc for smaller accounts and this will be a ploy in attempt for bittrex and polobiex and coinbase to gain back market share due to binances explosion in 2017 . When the little guy makes as much money as deutsche bank bank but drastically less operating costs yeah the big boys will be mad and well coordinate their counter attack.
Sminem here to tell you that I hacked bogdanoffs plan and we will counter attack in November. Boganoff defeated me and in exile I have now gathered the necessary strength to counter. This post will get banned so repost and spread the message.
Rekt Dude from 2018 bear market
Halfway through the downtrendFollowing the previous cycles BTC, I belive BTC will find its bottom around 3K on march 19, followed by a few months of accumulation before rallying again. 2k seems like an hard bottom I can't really see going further that point...
This is only based on history as the chart do not suggest any imminent bull run. And is only valid through my eyes IF BTC keeps the lead (market cap wise) during accumulation phase, otherwise I don't believe there will be another rally to the red upper line or beyond.
This is all just (amateur) opinions. Not financial advice.
Bitcoin back to 4.5k? Downtrend Fractal theoryHello everyone,
I hope you're all doing fine and having a wonderful Easter.
Sadly my last prediction didn't work out further as we broke the major support line and plummeted into the abyss. We had followed that fractal for quite some time, but it did no longer when the major support broke.
Ok, downtrend. But what now? But what could be bitcoins next move?
I have a new theory:
I noticed some traders comparing the 2014 downtrend to our downtrend now. And as many of fractals repeat I think that's actually not a bad idea.
One thing that I noticed during research of fractals is that many shapes repeat, but they distort over time, because a market starts to move faster or slower. In mutiple market cycles I found similiar shapes, just distorted/deformed. I believe that right now we move MUCH faster than back in 2014.
If we roughly follow the 2014 fractal linked with our market speed now. The bottom should be around 2.9k in Spring/Summer followed up by an accumulation phase that lasts from mid may to mid august. Where the average of the price lies around 4.5k.
The bull market could start from September.
Personnaly I don't think we are heading into a long crypto winter and here is why:
- There is a super large channel active that's here since the top of 2014. And as price moves between channels: We bumped the top of the super channel in December and are now heading to the bottom of the channel. I'd like you to take a look at how the fractal bottom matches with the lower part of the super channel.
- I noticed that the 2014 fractal fits onto our downtrend. But I had to speed it up. Weirdly it looks like we are correcting MUCH faster than back in 2014.
I hope you liked this analysis. Happy Trading.
Greetings,
Vincent