As stated from my previous idea that BTC might dip, we can see there was a large red candle, bouncing off the bottom of the larger narrow wedge and a support line. The MACD is also showing a DEATH CROSS. My opinion from my graph, it appears to me that BTC is on its way down, after trying to break $7,800 and failing. If it goes lower than the $7,450 support, I...
I have two possible movements on one chart, one long and one short. With the long scenario, if we break upwards, target might be $7,850.00, before a slight pullback before reaching $8,000. Afterwards, the support will be formed from the top of the wedge from whence it broke from. Conversely, if we we break downwards (short scenario), target for bounce might be...
This is meant to be a very simplistic and rough view of how BTC will move for the rest of the year. Actual peaks and troughs are chosen from current and potential resistance/support areas. The timeframe of these movements is estimated--give or take several days--with an end year goal of $25,000. This is a conservative estimate. Bulls may come in sooner and...
The following indicators are on the weekly base and therefore we can expect the price of BTS/BTC to go up continuesly for the next WEEKS -StochRSI just crossed. -MACD still under 0, plenty room to grow. -RSI under 50, plenty of room to grow up to 70. The marketcap is just 355 mln USD, it is traded on Binance and Poloniex. Binance is the biggest...
Well, I haven't updated the Fib Circle for 3 days now, not even moved it. The previous 2 charts were flawless. (yey) For some reason, the previous chart was took down ( I think it was because I posted twitter link? No idea. But don't forget I got a twitter 'thou) so I made another one for today. The only thing I do on this chart right now is move around...
Well, as you can see on the graph, the price is pretty much blocked in the area of the Fib Circle shown. Until it breaks one of the circle areas, it might just bounce around the current Circle Area. Also, resistance and support level agree with this Fib Circle :) No Elliot Waves that I can clearly see on this one, so I'm not gonna add them. My personal order(s)...
Look on this trend. Lets start with BB, we can see here tight channel which always predict long. Take a look on DMI, ADX is on 15,8 and DI+ 28,9, we have to wait till ADX and DI+ will cross. Here i added my movement ideas, also here is 2 fibonacci on different time heights and lows and we can see coincidence on the 38.20 so this have to be one of the strongest...
Price has a big movement influenced by high volatility of Bitcoin.
Oil moved upwards all week long so it must breathe a little bit. As it was because of speculation, we calculate it will go down to at least to 54. We set some supports as reference, price may reach down to 50 but strength of this movement should be measured. We are placing long positions on short term and short positions on long term (our LOSSOL move...
Will likely move in direction of breakout from trend lines. Currently building to an apex.
Watch closely as the right shoulder is about to make a critical movement on the weekly chart that could signal price reversal. RSI indicates $LTCBTC has been oversold for a significant amount of time. FIb levels on the weekly provide STRONG support levels.
Opened short at 3950, stop-loss 3990 BTC is up for a correction to the bottom trendline. RSI looks like it peaked and we're only making lower highs from here. This doesn't concern BTC on the long term, I will take profit around the resistances at ~3300 and open long around the trendline there. After that wait for breakout confirmation when we get to the...
Now is the decision time for BTC again. The downward chanel was broken on the 20th of July and BTC nearly retested ath. Now the price is at 0.786 fib area. If we can apply Elliot waves and may this movements be the 1st and the 2nd impulse waves, then the third wave is approaching and by the 1st of august the new ath should be set. If we go downward then entry...
For the subscribers to Key Hidden Levels: Background info on the chart: Green arrows with lines to the right are "earnings releases" which I call "key hidden levels". The "volume profile" begins from the Presidential Election. The red line near the bottom is the RgMov indicator (Range-Movement). TREND: Determine the trend. The trend is when RgMov is...
Price has broken bullish trend line. Maybe we will have a correction till trend line, and then, is high probably that price will fall down till first support. If breaks, we should project bearish movement till second support