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Bitcoin (BTC) could be heading to new yearly lows, here's why.Good morning everyone, Here's a quick update on our thoughts about Bitcoin. Hope you enjoy the video. Like, comment and follow us if you find this helpful, we really appreciate it! Axsonex Team ------------------------------------------ DISCLAIMER: Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due-diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page.
BITMEX:BTCUSD.P
by Axsonex
4
Long from start of Wave 5, and opening a short on 0.618 Fib.I have opened a long position on the horizontal support that Bitcoin is holding at $6577, which coincided very nicely with the top of Wave 1. Elliott Wave - Wave 4 cannot move into Wave one's region, so it was a very nice risk to reward ratio long for me with stops just below Wave one's top. I will be holding this long(keeping a close eye on it of course) up to a double top/ 0.618 Fibonacci retracement where i will be closing my long and entering into a very big short position with stop just above the descending triangle resistance.
BITMEX:BTCUSD.P
by PatekCharts1
Network CrawlCheck out this crazy beast! It is nearly 2am and I wanted to show off my new indicator (pre-release). This indicator measures whether there is an increased flow of random walks into space above or below the current price. The random walks constituting the move are coloured according to the direction of flow. While this indicator does not learn and improve itself such as those in the Intelligent Series, the proof of concept has been designed using a layered approach, where only the relevant walks are visible. Sorry for the lack of commentary, it is very late at night. There is still some work left to be done, but this is looking really good! Hopefully, this indicator, along with full documentation will be published tomorrow.
BITFINEX:BTCUSD
by GrantPeace
4