Like the tile says I am looking for $BTC to be range bound to short over the next ten to twenty weeks. $BTC was trapped in this very location back in 2017 where it spent nine weeks and traded from early August to the middle of October before it broke out of its range. $BTC is still holding under the 200 Exponential Moving Average (EMA) where it broke under back...
Broke down of the ascending triangle forming a head and shoulders. I think we go down from here. I'm short since $4200. Stoploss just above recent high @ $4350. I believe if we break the $43xx, we will see another rally up till atleast $4500. Target @ $3500 (Maybe even lower but that depends on market conditions at that time) Likes and Follows will be...
Looks like we're close to the top of this correction, we should range around this area for a week or so before making the big 3rd wave (of wave 3) down.
New count, same pricetargets
The previous count is invalidated. This is an alternate count with new targets.
Wave 3 is shorter than 1, wave 5 must be shorter than 3. It's an 1,2,3 or A,B,C ??? Most likely A,B,C
Targets and stops on the chart. Don't forget to like and follow. Thank you.
I am looking to close the 3865-3925 short at 3575 and enter long with exit target 4150.
Entered shorts between 3860 - 3925. Clear resistance range.
The Carnage isn't over yet, its only just begun. BTC is displaying massive HIDDEN BEARISH DIVERGENCE (HBD) Bounced perfectly off a double bottom, and ran straight into the confluence zone (C.Z.) (marked with the 0.382 and 0.618 fib level) pushed through then was swiftly rejected. Price tried the retest, but that was also rejected. From the top of the range ive...
Hourly EMAs broke down. Short to 2.9-3k ranges. Next support after that is near 2.8k then 2.4k and 2k. Should get a nice bounce before then.
This is my first prediction, I think we are going further south
As can be seen on Bitcoin's monthly chart, the indicators still need to descend to the bottom, and if you draw a parallel with the beginning of the indicator and its current position, then the indicator still needs to go down by 58%, which in the price range is equal to the price of $ 3000-3100. But we also went above this mark, which could mean either now, or...
My thoughts based on my own research, reading and analysis.
Will brake down Oct'17 resistance and touch buy zona around 2900 - 3100$. Hope lately bears will be exhausted) or not)
Will go down to around $3200. If support breaks, it'll get bloody.
Looks like fuckery and distribution to me.