Hello dear ! Today we will try to know the following price movement We notice the strong reaction from the $ 6400 area in twice, and therefore we have formed ( double bottom ) and this strong pattern may lead the price to the top Handle each level with caution and do not rush to make a decision Take care #BITCOIN Head and shoulders !
Most important lines of support and resistance to watch for 2020
Priceline of HyperCash / US Dollar cryptocurrency has formed bullish Butterfly pattern and entered the potential reversal zone. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 1.4167 to 1.2226 Sell between: 1.5675 to 1.9281 Regards, Atif...
Look at the ratio between longs/short over time and take a look at Bitcoin over same time. In my opinion we have legit bottom at 4k area, built in march 2019. From 4k and up to 14k, there is a great mix of real demand, and lot of long- and short gambling. In this range of price, we can se four bigger actions (compared BTC with Long/Short ratio) and how price...
After reviewing BTC performance and predicted path, I see BTC dominance dropping further. Reasons: a) The pullback is evident. Some say to 8500 ultimately, some say 8800 to previous resistance and 200 EMA b) I foresee some accumulation\ranging of BTC between 8500-8800 to 10400 creating some sort of MACRO breakout or bullish pattern c) I see this going on for at...
riceline of Perlin / TetherUS (US Dollar) cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.02714 to 0.02633 Sell between: 0.02777 to 0.02929 Regards, Atif...
The way the masses react to the movement of BTC will never cease to amaze me. If we are up 10% everyone is talking about new ATH and the benefit of such a revolutionary technology. When we are down 10% everyone says BTC is dead and will crash to 1k. For those who have had exposure to this market over a long period of time, this latest breakdown is just business...
It looks like we have substantially fallen below the trend line. This moves the short term sentiment in the bearish direction. If we close a daily candle below the trend line it will be officially violated. However, we still have one area of support that has held strong throughout the past few months. The 9500 (Green Zone) has supported this market on multiple...
KEY LEVEL ANALYSIS - MONTHLY RESISTANCE HIT BACK TO BACK WEEKS OF BULLS SLOW DOEN WITH EVENING STAR/SHOOTING STAR/TWEEZER TOP CONSOLIDATION FIRST?
If it looks like Head and Shoulder, smells like H&S, and liquid like H&S, it must be Head and Shoulders. A bit weird angle, but you get the point. The target is on the chart. Be ready for a dive.
-WEEKLY TIMEFRAME TWEEZER TOP/BEAR ENGULFING/MARUBOZU CANDLE -DAILT COUNTER UPSDIE CHANNEL TRADE -BREAK BELOW WEEKLY KEY LEVEL - WOULD LIKE TO SEE A RETEST AND CONTINUATION TO THE DOWNSIDE
WE HAVE FALSE SIGNAL ON LAS IDEA!!! LONG NOW
these two candle look familiar right? because they were the candles after the run up. people were taking profits. we will continue the run up the next day and people will start buying again and we will continue to the 11-13K target
BITCOIN is about to sky rocket to the 10k i have been saying this from 3500$ that we are about to hit 10k in about 3-6 months and now it is happening
Bitcoin has been going sideways between 5150 to 5300, these level have been heavy resistance for the past week. The resistance trend line that we have here we haven't break past it in the last three days. I don't believe the bulls have enough strength to break these levels, the bulls have been losing steam for the past three days. The local resistance level...
Buy as it trickles back to 0.0125 - this can follow a chart pattern similar to $IGC during the Pot Stocks bubble Major Catalysts will Be in Crypto Currency and the possibility of uplisting to NYSE The DC OFFERINGS™ soft launch is expected to begin in Q4 2018, and those interested can register online at dcofferings.com We would like to invite private investors,...