BTC is a pain sometimes, so don't be emotional about this trade. Fear and greed always fail.
Swing your way to freedom friends, check the chart frequently and see if we can predict bitcoins path to sub 6K.
looks like we should see USD correct until 2020 before a bounce back.
Color coded in order from most to least likely, GREEN YELLOW RED AND MOON. You can see based on a quick glance of RSI, MAC D and some moving average resistances that these are possible paths for bitcoin, it won't follow exactly but you can get the price target ideas. Peace!
chart says it all.
looks like we are testing this overhead downtrend line once again. Will we break it this time? Weekends are week... great setup bitcoin.... LOL
Check out the count, lets see if it happens, these are very important fib levels regardless.
Check the fractal... and follow this chart!
LOOK LEFT. ITS JUST A FRACTAL. GET REAL. IM FOLLOWING IT THOUGH. CHEERS!
Literally took the left pattern and painted it out to the right. It should play out. Why not? Same time frame, same sentiment, same market, higher placement on the chart. We should test 9.2 k before breaking the downtrend channel and reverse once again after the indicators are reset on larger timeframes. Dont get all Long happy just yet. rather scalp and trade the...
Im trading this wave count FYI.
No words. follow fractal. These have been playing out well for me.
for now guys my fractal stands through the day. these are hour bars and it matches the RSI of the last drops perfectly. we still have room to move down. Suppor on the monthly is around 6500-6600. it that breaks be on watch for a new low.. we should see a bounce from 6500 back to around 7k. and continue downtrend through the week. But my opinion can change daily....
Snipers ready, aim. Alerts set. FIRE. Charts pretty simple to understand.
Ripple, the standard... I don't know about that but ill take a 8% swing any day. Keep a tight stop... I don't trust the centralized bankers.
Not an expert but this chart is pretty simple, I think a toddler can see that buyers react heavy on this mark. Time will tell