Falling
BCH/BTC Falling Wedge (Bullish)Bullish Trend - Falling Wedge - Watch for a breakout of the upper trend line for a great BUY opportunity.
Bad scenario to BTC.Dears,
O Bitcoin depois de ter rompido a LTB e que sem força e voltou abaixo da linha e acabou perdendo força compradora deixando somente um topo duplo. Depois de uma semana de queda forte o preço testou e perdeu suportes importantes encontrando um ponto de suporte proximo a retração de Fibo em 61.8% e acabou por fazer um pequeno "pullback" que acabou devolvendo praticamente todo movimento. Então no momento temos uma lateralização. Com uma volatilidade bem menor do que o esperado.
Acontece que depois da formação de topo duplo temos agora uma BEARFLAG, uma figura que continuaçao, onde teriamos a continuidade portanto do movimento de queda. Podemos projetar o preço caindo mais uma vez abaixo dos 8k.
O preço deve testar pra isso novamente a região de suporte em 8300 e tambem a LTA.
O final da projeção de queda é perto de 6800.
Por outro lado tambem podemos ter a formação de um fundo tripo nesse suporte de 8300 e a retomada de alta buscando a LTB com mais força e finalmente rompendo.
Isso é nesse caso uma visão otimista para o preço.
The Bitcoin after having broken the LTB and that without strength and returned below the line and ended up losing buyer force leaving only a double top. After a week of strong fall the price tested and lost important supports finding a point of support near the retraction of Fibo in 61.8% and ended up making a small "pullback" that ended up returning almost all movement. So it's not a moment, a last back-up. With a much lower volatility than expected.
It turns out that after the top formation, as low as possible, a BEARFLAG, a figure that continues, where is a continuity, therefore the movement of fall. We can project the falling price once more below the 8k.
The price should test for this time in the 8300 support region and also the LTA.
The end of the fall projection is close to 6800.
On the other hand we can also have a formation of a tripod bottom in the support of 8300 and a high resumption seeking a LTB with more strength and finally breaking.
This is a case of an optimistic view for price.
London bridge is still falling! Get out of d way or get crushedSo my last analysis on BTC was proved to be true. Much before it touched 11k mark to fall down again, I had published that it's going to fall down. Exactly at my predicted time, we're at 10.3k again.
I would again advise you to stay away from bull traps, from the dummy head and shoulders, diamonds, cups and what nots. Open your eyes and see it yourself. It's going back to 9.4-9.7k again. It will rise up again from there so that more people can draw some lines here and there to post about bullish(buls**t) reversals, encourage you to buy and push volumes/price further up. Once their objective is achieved, they'll cash out the fiat and let you take the burden of falling bridge.
Bitcoin falling wedge breakoutOnce we break upwards out of this falling wedge I will be opening more longs with a target of the top red trendline.
It could take some time to breakout and slowly bleed along the top of the falling wedge line that's why I'm opening longs once we breakout.
I will add more long positions if we retest the falling wedge and confirm the trend reversal.
twitter.com
Down move still strong. $8730 coming. Possibly down to $7740My analysis:
If we breach the $ 9350 barrier here, the price will fall fast to 8730. There should then be some hesistation orbiting around 8800-9200. after that the price may drop even more to 7730.
See the pink horizontal lines which represent the levels that price should pass (based on my analysis).
I think the price is moving natutally to 7740 USD.
I've placed a SHORT trade at $9458. let's see how it will move.
I've placed other level. The last one is 6000 USD. It's a possible scenario. If we go below 7740, the price has a (bad) chance to go down even to 6000. If that's the case, that 6000 level
will come fast. But it's too far to take it into consideration right now
I've place BULLISH levels also in green at 12050 ,12200 and 13000, but they are too far from now
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IN FRENCH:
Mon analyse:
Si nous descendons en dessous de 9350 dollars, je pense que le prix s'affolera et passera rapidement a $8730. Ensuite il y aura hésitation en orbitant autour des 8700, et
il y aura un risque de chute jusqu'à 7730.
Je ne vois pas le prix descendre en dessous des 7000.
J"ai passé un ordre de vente a la baisse (sur bitfinex) a 9458. On verra bien. Je compte stoppé dès qu'on passera en dessous de 8730. Ensuite je ferai une autre
analyse et voir s'il faut encore speculer vers le cap des 7730.
Il y a d'autre niveaux sur le graph :des niveaux haussiers mais que je prend pas en compte pour l'instant, car le marché semble etre baissier
Le prix pourrait descendre juqu'a 6000, mais c'est encore trop tot pour dire
BTD/USD - Is BTC Going to Fall From Sky Start @ 01:30 UTCVery short video simply to mark a spot on my charts of when BTC is supposed to fall to like $7800.
I came across a tweet that mentioned this and after clicking through tweet after tweet came across the orginal post. I think the guys name as Marcus Landom or something like that. Supposedly he's pretty accurate in his calls on cyrpto, so i thought I would post this video to make my chart with a vertical line of when the fall it supposed to begin. Apparently it's supposed to fall rather quickly.
I guess we will see. Let me know your thoughts.
Cardano (ADA/BTC)Cardano:
- RSI @ 47 (nearing oversold).
- MACD crossed on Feb 9th., holding trend now, may continue sideways.
Falling Wedge?
Symmetrical triangle?
Can it break past 0.236 Fib Retracement level (black lines) or the 0.382 Retracement level (orange lines)?
New upper price channel forming?
Watch Bitcoin, everything is following btc right now. If BTC dips again under past 8k, expect ADA to follow and dip as well, down below the symmetrical triangle. If BTC can hold steady or take off to 9k-10k, expect ADA to follow similarly with bullish movements, hopefully breaking out of the symmetrical triangle towards the first resistance level - 0.236 Fib retracement level.
Ichimoku bounce completed. Waiting to the second one!Well, as you can see 99% of ideas was canceled due to market collapse. For most of us it was unpredictable situation. I also was hoping to enter ALL IN in long position after bouncing @ 1.08 but this does not happened.
Now we can see strong bearish trend, bulls are tired now.
Ichimoku cloud concept defines trend bouncing 2-3 times per cycle. We already see first well recognizable bounce, and waiting for the second one. There is a strong support at daily 200 EMA at 0.75, which can retrace ripple to the ichimoku cloud at 0.85 where strong resistance is located. Re-bouncing 0.85 will make second wave to the lower support at 0.40.
If ripple brokes Ichimoku cloud, then we can expect consolidating, and future reversal, but this is unlikely.
I am short on this buying at 0.85, Target 0.40, Stop 0.95
Happy trading, and make some profit. This is not an advice. This is my own decision.
DASH going way downChart : 4 hourly
Pattern : down breakout from symmetrical triangle
Prediction duration : 4-6 days
Target: 305 $ based on Fib retracement level
Range : 1117.5 $ to 614.88 $
Fibonacci retracement 1.61 level : 304.24 $
Supporting indicator : 12 and 26 SMA show downtrend and diverging with 12 SMA below 26 SMA.
SNT - Still Not Tanking coinWhile many other coins have been falling strongly against BTC in the past week or so, SNTBTC has stayed relatively stable.
Currently, volume is low, and it is forming a falling wedge (orange lines). We could soon see a breakout. If this happens, it will test 3000 sats resistance, then 3500.
A breakout from the sideways parallel channel happens if it breaks 3500 convincingly, and should take us to new highs.
2 ways to play this: wait for a falling wedge breakout before buying, or near the bottom line of the wedge. The first option is recommended. 1st target: 3500 sats.
IOTAUSD - Correction is done, time to start the rocket again.Here's my new favorite: IOTA.
Technical:
During the ABC - correction, a falling wedge was created. Falling wedges are normally known as bullish chart patterns. IOTA breaking this wedge in combination with the bullish divergence both in the MACD and the Stochastic RSI gives a strong bullish signal. Because there is a more or less strong resistance at 4.00$ now, we can use this as a bullish confirmation and open trades as soon as IOTA rises above this point.
Fundamental:
A lot of hype was created around IOTA lately causing and because of the 1000% rise in only two weeks. At the moment, the high media presence of Bitcoin attracts new investors. Those are often looking for the "next Bitcoin". As IOTA kickstarted this rocket lately and as there are many new people, we've got a bunch of new money in the game that wants to be thrown into IOTA.
We have to look carefully what Bitcoin is doing. A correction is overdue. On the other hand, it can go nuts again every second. The altcoin market, including IOTA, always has to bleed in both cases.
Good Luck.
Disclaimer: I'm a relatively unexperienced trader, so don't consider this investment advice.
Long Opportunity - Falling Wedge/Bearish Cypher - At Buy LevelAVT has been firmly stuck in a bear trend for the week or so. The chart started off looking very bullish, but has since pulled all the way back to the original .786 fib line. It appears we should be nearing a reversal, as two patterns have clearly formed that suggest a breakout above $3 is on the horizon.
When we look at the trend lines we see a falling wedge, but it is also set up to complete the CD leg of a bearish cypher. The indicators are still bearish so we need confirmation of a reversal & volume has been low which will obviously need to change. Overall, I think this is a good opportunity given how this chart has played out so far with high probability. Set a tight stop as this pattern can't go very much lower & still be valid.
Buy: 2.5 - 2.7
Stop: 2.45
Target: 3.98