expectation btc\xbtc next move everything on chart btc go down soon
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Hi, Guys I see the volume rising at a miraculous pace and is almost as high as the previous ATH volume. It's a good sign for us, bears should be afraid! If this manipulated volume lasts, I expect a shot over $ 4200, if the target fails to break through, I'll be expecting somewhere to start at $ 3300. Target 4200 > 5400 > 6200 ! Lets go guys :) GL
Simply click one each colored note icon for my observations and details. P.S This is not investment advice.
We are making closes above the cloud on 45min and 1hour Charts. 2Hour chart is making closes inside the cloud. These are for the first time since we drooped from 6.2k. Volume is supporting. Shorts are over leveraged. I closed all my shorts at 4K. Suggest you do the same. We will go at least to 4.5k but more likely to 5k and maybe to 6k.
This chart is all the important dates on BTC ETFs and Futures Expiration dates. This is on going work in progress, last chart was wiped so had to start over.
Based on 2 prior incidenses of the Stochastic RSI and RSI lining up in similar fashion, and the fact BTC is dumping right now. This is where I believe we're headed with BTC futures. Blue/Pink short estimate is based on a wedge shape, red/green is based on a channel idea of BTC price action.
Critical Time for Bitcoin!! What we have in this analysis is a very simple setup: First we have a linear statistical regression drawn from the top of the previous high all the way to current price. After using this tool, I was able to change the colors to my liking and have a nice look channel. Second, there is a Fibonacci retracement from the previous tops to...
seems my timing is out a bit, here's the adjustment with fib targets for b
If the price of 1230 is passed then I predict BTC / USD will go down towards 8430, this process will take until july 2018.
As we can see a neutral trend for a while, attention to support lines and moments to re-enter the market. Prices and signals to be careful are in the chart. Hope to see mooning as correction could already happened. Market sentiment is bullish in my point of view with lots of news about adoption. Cheerz
BTC can go over the 5K again because first there's a reverse head and shoulders formation, if it goes over the target of the h&s it will be the neckline of the double bottom, so it's for that reason that I'm thinking that!