Short term bearish divergence on 4h RSI and OBVBulls insist and there's apparently a pump, but TA shows bearish divergence on 4h RSI and OBV, chances are price will go down soon, my guess is to around 7100, before bouncing back up.
TA
$QSP Analysis.When these MA line cross (30 & 50) we will have our confirmation.
Zones are up.
White dash lines are the WEEKLY levels. STRONG resistance/support.
Solid entry in the orange boxes, I have been trading in those.
All of this pending BTC.
If Bitcoin stabilizes, alts will pump.
This is one of my picks.
Cheers!
AUDCAD - Long (price on trend line and support)The price is obviously on strong support and on the respected trendline. As you can see trend is with us. Good long setup
A possible scenario for $EOS #002Gartley Pattern ???
- Entry: 0.0010987
- Stop: 0.0009738
- Target 1: 0.0016833
- Target 2: 0.0023019
I made this only for practice purpose. Do not blindly follow it! Or you may fail.
A possible scenario for $BNBUSDT #001Gartley Pattern ???
Entry: 12.3092
T1: 14.2832
T2: 15.5027
Stop: 11.60
I made this only for practice purpose. Do not blindly follow it! Or you may fail.
Update previous TA, still the same just bigger OK, so i made a mistake in last TA, but more importantly i may have made another discovery on how to predict the size of the next phase compared to that previous of it, i will look in to it further before i make more of a fool of myself by publishing it. But i think my mistake on the last TA is that the right green phase 3 shpould be 3 third bigger than the left phase, so i have adjusted my chart to reflect BTCUSD
AS my methodof TA is being made up by myself and is multi interval TA, meaning that a mistake in an interval higher will make everything under that incorrect. So i will have to be very careful on higher time intervals.
Also, letts see if the shape of interval 2's second part is the same shape resistance line as the whole of green phase 3 s when action is live (can always make something fit if looking back on it so want to see if it plays out in live mode)
BQX(Ethos)-BTC Long- Positive scenariosWe expect a recent drill of the triangle and a pass over the resistance. Combined with good profit.
And do not forget, trade smarter!
BITCOIN THEORY FRACTALI have a bitcoin theory I made back at the end of May that correctly predicted the mid term bottom for June with-in 24 hours.
If the theory continues, we would see one last push to 7000 area before retracement to 6150 which would carry us into a nice bounce for the coming months.
FIGHT between bulls and bears! BTC makes descending triangle We could retest the previous wedge or we will see a raise to the last high at 6550. A descending triangle is normally a bearish chart pattern, but I'm totally neutral when I compare it with some bullish indicators.
Bitcoin Price Evaluation (Daily)We've recently tested above the daily trend line. For confirmation of a continued upwards trend this candle must close above the trend line resistance. If we do continue our upwards trend our next resistance is $6750. In the bearish view, our next dip could bring us down to the $5400 level. Remaining neutral until further confirmation.
Is the bear run over? I don't think so...BTC was previously followed by by 2 bearish patterns along with 1 MAJOR BEARISH channel. The main watch...Recently the prior bearish pattern did turn Bullish and as you can see we now have a Bullish Channel with Higher low's and higher high's. The problem we still face is the major BEARISH channel if you zoom out. Not only that but everytime BTC tries to make a small BO. We have larger selling volume's A LOT LARGER actually. Below youll be able to see the current bullish channel that shows bulls are taking the lead but I dont think it will continue this very well could be a Bull Trap.
Bitcoin price prediction (BEARISH)Based on Elliot wave theory, we have made a failed 4th wave up by re-entering wave 1. We can also see some bearish divergence on the 4 hr and a bearish flag on the 1 day. Next resistance is 6350 if we do on the offside remain bullish. Stops were hit on my last short locking in some profit. interested in laddering into another short at these levels and riding them down to retest 6k. stops set at 2.5% loss until we dip further.
Window for DigiByte to break above the cloud!On the daily chart, DGB just bottomed out on the RSI, and has a month long gap to break out big time do to a short support cloud, despite whatever BTC does. If DGB can rise to ~3.5 cents, there will be no resistance between it and the moon. DGB will likey hit the dollar sooner than later. Please share your thoughts in the comments.
Bitcoin Price Prediction (BEARISH)We've recently broken down from a symmetrical triangle which can also be seen as a very predictable bear flag. after our dip slightly below $5800 we've established a tweezer bottom reversal but still do not have enough support to consider this a strong reversal. To remain in an upwards trend we must break 6050 with conviction and our next level of resistance would be 6250. I believe we are still going to continue our downwards trend to sub $5800 levels. $5400-$5200 is my next target and am currently laddering into a leveraged short position.
BTC Broke below Bearish TriangleBTC finaly Broke out of the Bearish Triangle pattern after 5 Months of consolidation!
With the breakdown came the Sell Volume increase, which should take us
down to at Test the prev. Low of 6k for BTC.
We could see a short bounce before that at the 6500 lvl,
but i expect a bigger Bounce at apx 5500-6000 range with a potential 25% return.
Happy Trading
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
BTCUSD bearish repeating "waves"1) 1 leg down ~9-14%
2) 1D leg up
3) 1 more leg down ~7-11.3%
4) ~1W retracement/sideways trend
5) restart from point 1.
Bitcoin Prediction Update (BEARISH)All signals point to 5800 being our next level of support. We've broken down hard through the rising wedge and have broken through our last fib retracement level. If we break 5800 my next target will be 5450. Currenlty enjoying a short position from 6720 and stop lowered to 6250.
BTCUSD 1D: Long playAfter breakout, we are sitting on a nice fibo retracement level (blue square) to watch out. This is our buyzone. If we buy here, we have a good risk/reward ratio since our stop is going to be last bottom (6k) and targets will be 12k and 15k
BTC Rising Wedge Expecting this rising wedge to break down soon. 4 hour MACD has crossed bearish, bulls have lost momentum. Target is 5k.
Bitcoin price prediction (BEARISH)We are currently in a rising wedge pattern on both the 4hr and 1D chart. I will be laddering into a short position between $6995 & $7200. Stop orders set between 7326 and 7400. Short term if bearish will likely bounce around $6600. Longer term bearish scenario will likely end up below $5800.
ONT/BTC pre mainnet We can see that ONT has fallen from the previous trend line to the new support zone(4). If BTC bottoms out around 5k then we can expect the retest the previous support zone(3). If BTC has already bottomed at 6k then we should expect a continued uptrend movement in line with the new trend line all the way until mainnet release.
