BTC will hit 10k by SeptemberThis is my prediction based on how the trends are aligned and how recent moves have form the right conditions for an uptrend channel where bitcoin could probably recover to the 10k level as seen in the weekly chart and hitting there slowly if it manage to pass through the 4500 USD level. On the daily it seems that it will falling and eventually hit bottom, both the 4 hours and weekly suggest growth in the coming weeks/hours. This move will constantly test both resistance and support levels while keep moving in the uptrend channel and hopefully slowly grow to new levels, testing old support and resistance levels. The rapid growth that we have seen in some other moves will unlikely happen as those were based purely in speculation but this new move will rather be based on trends and gaining momentum to sustain growth.
Chanel
USDCAD - LONG and SHORT scenario setup - 4HWELCOME TO MY LEARNING F* PAGE!
Hi there! It's channeling down and respecting trendline support and resistance so far. in my opinion USDCAD will be a SELL unless there are more fundamentals favoring USD. If price breaks the channel, we can think in long trade.
I love such entries because risk-reward is good.
GOOD LUCK and take entry according to your balance.
Please support our setups with your likes, comments and by following me on TradingView, thanks!
BITCOIN GUIDE FOR 2018. THE DIGITAL GOLDJust for you a bitcoin guide for 2018.
This is the year in which bitcoin will be discovered as the digital gold. Digital gold instead of true gold as safe haven.
I will try to follow this analysis in shorter timeframe dependent of time that I can spent for it.
BIO
BCY up and down cycle, breakout?We can see a cycle where BitCrystals's price is going up and down with the period of 2 month. Now is the time to buy imo, the price can reach 0.00034 inside a chanel and if it breaks then 0.00040 will be good. Now we should keep an eye on it and wait for the candle to close above Ichimoku cloud above 0.000256.
Good luck trading!
Horizontal Channel Short, MYCCPrice has bounced off of resistance on the horizontal channel and is on the move down. DMI showing bearish trend, MACD sell signal, 13 Day MA about to cross 9 Day MA, Parabolic SAR about to show sell signal. Volume has also gone down by a large amount. Price targer around $13.24, then will reshort if the trend breaks the middle support.
AUDCHF SHORT Hi all,
Expecting at least a 50% retracement as a wave 4 correction of the intermediate e.w. count - labelled as "(letter)". However taking into account the larger surrounding context of this structure formation, we're in a potential reversal zone as per the cypher harmonic termination as well as the several resistance indicators all of which are conspiring for a very possible beginning of the last impulse wave - ((v)) - following the expansive flat correction wave ((iv)).
Regards, Laurence