BEFORE HIGHs, LOWs Top HIGHS range 558 days Bottom LOWS range 454 days NEXT HIGH, LOW NEXT TOP HIGH 23'785.39$ on 2021.01.01 NEXT BOTTOM LOW 12'242.04$ on 2021.06.12 Market: average of 7 CEXIO BITSTAMP COINBASE BITFINEX GEMINI BITTREX FOREXCOM COMING SOON I will add analysis with FIBO next Butterfly
This is just short term analysis to do swing trading in this bear market to make few bucks in cex.io. Just watch trend lines and RSI levels ~30 (buy) and ~70 (Sell)
All the news articles are saying that crypto market is going down, but the price is not showing that much willingness to go down, most likely it will hit the 10,000 level. Most of the exchanges have high number of short orders, if the price hit the 5800 level the price will brake the strong resistance level and go to the 4000-3500 level and they will have profits,...
Bitcoin is currently in a convergence setup with a strong support at level 58500. Note that the market sentiment is not much positive. The green and red grap (the second graph strep) is the bittrex short and long position orders, note that the short ordres have resen in the past days. If a price increase happens, the short orders have to by to cover, this might...
If the pattern workers out we will have lots of things to be happy about, at the same time their is a possible double bottom situation, lets hope the required support level is good. I know that the last time the IH&S did not work as we expected but lets see what will the future holds. If you think the Idea is likeable a like would be nice.
As you can see this dump is lacking the huge volume spikes that can be seen at the privies dumps, it is most likely that small traders are selling to the the big wales, and why the hell would wales do that ? The answer is that every one knows that this is not the end but the beginning of the second coming. start making a plan and buy according to that. most...
You can see that we are in a double top condition and the current resistance level has never been good for a bull prediction. Everything has a limit even repetition so be patient and wait for a brake out. If the flag pattern works out we will have a double bottom and that is a level that we can brake the down trend channel with confidence, and there wouldn't be...
Be aware now on BTC to reach 10,000.0 we need to brake the main down trend line. Before going long aiming $10,000.0, wait for a brake out. This point will decide the price behavior in the coming days or weeks.
Hello, people! We can witness a formation of a head and shoulders pattern. Since we are still insider descending channel I would expect the price to drop to $8,100 (CEX.IO). My previous post explains why we can still touch $6,000. We tried hard these days to break through this channel but failed on every occasion. RSI and MACD both show on smaller time frames...
Just my observation as a new trader carefully observing the trends. THis is my first published analysis so any help or tips is appreciated. Bearsh downtrend still in effect. Already hit FIB retracement near 38% of $21,283 Dec 18 high to $10,800 low November 30 . MACD and RSI confirms. 1 hour chart 50 day below 200 day and nearly below on 2 hour chart. I expect...
Futures. In easy speak. Its a legal way for big money to put up buy and sell walls as they please because they hold all the stock. | Thanks.
And there we go ladies and gentle men. Let the sell off begin. If it trends it might go as low as 8200 and if it bounces were heading for 13K.. Personally I am hoping for a bounce but im kind of expecting a sell off trend to start. as Chrismas gets closer. lets see.
Listening to the news. It;s quite hard to believe that there is a correction in the charts. and with the ATH being broken every day. We are reaching a buying friendzy, If there is en-masse on boarding daily. We may not see a correction soon. But looking at the history. It's the nature of the coin. High highs. and Low. Really damn lows.
Well the chart seems to be making some targets at least. So much to learn.