Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...
Hello friends! Just a quick update on my analysis yesterday : Here are some things to be positive about : 1. BTCUSD sitting quite comfortably on the support of wave 1 Fibs retracement you can see that the same level has been tested on the previous correction a and it holds up pretty well! also, there was a short period of uncertainty before BTCUSD...
Hi Traders, As you can see on BTC we have broke the main support the RSI displays loss of momentum and we are seeing huge sell offs. We have support at 9289 which is where the 200 day ema lies and the .786 FIB.... Will this catch us??? Depends on the market buys at the moment with loss of momentum no it won't..... the likelihood of hitting 6K is very...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...
Mates, The bear main argument towards a long term bear market is "It kinda looks similar". As you can see on this chart "It kinda doesn't". Nothing more to add about that, it's crystal clear that argument is BAD. The only good arguments for bears I can find is that we are still in the downtrend channel, and we might have no seen a capitulation selling...
Looks to me xrp is trending downwards, we had a similar situation when 2 weeks ago xrp was trending at an average of 1.07 +- with not much upper or lower movement, this looks like the same case, not much strength to push up above the new upper support line, once it breaks on the new lower support line i can see it heading south, might it $0.50 very quickly this...
In my opinion currently we are the wave 2. Wave 2 has always the sharp correction as this market proved itself that it shows characteristics like the wave 2. we have sub waves 1 to 5 within the large wave 1 that confirms the large wave 1 too. Wave 2 shows a nice A B C formation, we are the C of ABC the final wave of the correction. Wave 2 -Second waves tend to...
This chart with day candles points out the three steps (target 1 -3) down to the stable ground at 2403.
Short Term: Bearish --------------------------------------------------------------------------- From my current analysis, I would suggest a final spike up to 14500ish is on the cards, followed by another major correction down to 7.5k. Great opportunity to maximise gains if previously shorted and bought in low down the crash this week, with my target reached at a...
BTC failed to do a lower low in the sort term downtrend. Then it might bounce back from 12800 and break the 10k mental barrier
Don't worry have faith! No one will profit from fire sales.
I see the possibility for a Bearish ABC Zig Zag pattern to the downside.
So as expected in my previous BTC chart where I looked at a log scale chart of bitcoin and saw that every major correction had: 1) Drop 2)Rebound 3)Huge drop The rebound is in processes and the price will reach somewhere in the 16k range and then it will be time for the huge correction which could possibly be on the end of the year. *note the rebound could...
Bitcoin price position had gotten so far distanced from the MA 50 and 200 that a correction was due. This even correlated perfectly with the RSI. Bitcoin was very overbought, but has now been corrected. Both the intermediate MA 50, and the long-term MA 200, are still sloped up at this time. However, the short-term EMA 15 and the Volume are currently sloped...
Here's what I have for Bitcoin, looks like if this is the crash we're going into the 3 digits
Risk: Low/ Very low Dear followers, I hope that many of you have been able to limit your losses or perhaps have made a profit this night. In order to prevent the same situation for the first group in the future, I post a number of important rules here. Use it to your advantage. If you have read my previous ideas, then you will have seen that I warned of a...