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
Falling
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
$KORE wanting to break out of the falling wedge??Kore has been very volatile over the last couple of weeks . . . However. A trend is emerging, and with the new wallet being updated to Bittrex, I think we can witness a TO DA MOON event!
AUDUSD SHORTThis pair has been on my radar for a while and I have also been in this trade with 2 positions from where my predictions starts. It is a slow Monday ATM for this chart but i am expecting a breakout of this pair to the downside as price broke resistance but has now falling back into place. This price action has taking longer than expected but still in profit.
PATIENCE IS KEY!!
FALL, FALL, FALL
0.77190 as support but TP at 0.77525 to allow for margin of error.
USD BITCOIN: How to hedge against a falling $ this weekendDXY: Dollar Index The Dollar closed on its lows for the weekend and will likely be sold off heavily if not in Tokyo, in London come Monday. it should fall a further 1.7% from here.
But there could still be an opportunity this weekend to hedge - it depends on Bitcoin breaking above 2460. If it does, it should be worth following. Please see Bitcoin comment also.