As in the previous charts, I pointed out that there was a marked change in the trend + volume (especially from South Korea) BCH does not want to be left out and to show with all its strength its prominence in times of forks. It already reached the target prices of the previous charts, made a retracement, consolidated and as I said in the previous chart BCH was...
Another idea. TF: DAILY BITSTAMP Thanks for your time
Luckily, the technical analysis has been turning out lately, especially, patterns like the C & H. Reached the target price as they say the books, which was USD 7,219 .- but continued to USD 7,359 .- and then collapsed. I marked a possible bullish scenario (A) with its red targets and one (B) where the BTC can consolidate in a channel or retracement towards the...
Putting aside all the fundamentals (which we all know are many) I will focus on the technical part. Lately with many cup and handle patterns. Out of 8 I did, 5 turned out. In the case of DASH it was my mistake because I did not break the neckline. So 8/6. The chart is in 4 hours TF BTC / USD Stamp. In clear bullish trend (marked by the red trendline) was...
The chart had been playing perfectly. But how do I always say if the King moves and more achieving an ATH, the other pieces suffer. I identified to see at the time of the BTC pump (yellow line) and how it affected the path to the PG3 in red. He broke the neckline, lost strength in the dump and for me he formed a bottom to recover. ATTENTION: to take into account...
After the cup and handle pattern, Vertcoin reached the PT1 target price sooner than expected. Then the PT2. What you have to take advantage of and that you mark in downstream channels, is that you are preparing for another bullrun. Pump + correction + pump .... There are resistance levels that I marked that are really the maximums. Now it is forming an ascending...
After doing a very risky chart, a currency that most believed dead. After a 100% visible bottom, the trend changed, broke the resistance that I name as BCH's karma and I said, if I did, I would start a bullrun towards the price targets 1,2 and 3. Too much was the push that not only came to break with the three and reached a PT4 of USD 522.99. At this moment BCH...
The first scenario (marked all in green) The price made a perfect cup, broke the neckline and is now in the moment of retracement to form the handle. It can be in any of those levels of FIBO to then do the pullback. Unfailingly and how I said in previous cases the price should break the neckline to start your bullrun towards the PT1 C & H. Second scenario...
UPDATE: I never liked that currency and I never understood the fork, but how it fell from the sky, welcome it. It was a currency for swing for excellence and the last times began to clearly agonize. What he had were spasms of FOMO and gain, but looking at the forest, the BCH kept falling, until something happened and these days is showing, first a change of trend...
After forming a cup and handle with a perfect retracement, it is necessary to break the neckline to arm the way towards the target price. Several conditions: 1) Break the neckline 2) That the TA is fulfilled (as the books say), on a previous chart of NEO had made the same perfect pattern and did not meet expectations. We'll see what happens
The FIBO level, the shape of the candle and the posterior candle, sail make it clear that we are in the presence of a bottom. After a strong fall, within a descending channel, ETH has to change its tendency. It has two historic and strong resistance to cross. The target is USD 350.- Being conservative, but I'm sure ETH is being "controlled" some time ago between...
In this case the c & h worked perfectly. Reaching the target much earlier than expected, then there was profit taking, made a pullback and now corrected. It is possible to go in the direction of the FIBO 0.618, lateralize and re-test the ATH. Possible pullbacks S1 / S2. To take into account this coin with a lot of potential. Thanks to the followers, likes and messages.
After breaking the main trendline, added to a critical level of support. People are seeing minimal recoveries (the tree) without seeing the forest, as they were the previous days. First, if IOTA can reverse the trend, if IOTA can form a double bottom with points B and C. And the most difficult of all, if he manages to cross an important and bearish kumo. Below I...
After a prolonged period of accumulation and consolidation ETH remained in the shadows until a few days ago that showed the claws. With a near hard fork, the expectations are great and it shows in the development of the price. More accurate HF data: The Ethereum network will be undergoing a planned hard fork at block number 4.37mil (4,370,000), which will likely...
I made a new chart clearer and bigger, without the resistances and a series of marks that I took since the BTC already took care of them. In the charts I attach below, it is explained more in detail. Another historic day for the life of the BTC. A pleasure to be able to share it with all of you. At this moment, BTC no roof
After forming the pattern of inverted H & S, the BTC broke the two resistances and reached the target, but was hungry for more and goes for the 4.9k, ATH or are they just tests for their real objective? Today can be a historic day for all. Let's hope so. Thank you all as always!
It is my humble opinion but I am quite convinced of it: The BTC is not going to stop until the HARD FORK (10/25/2017) If there were any retracement would be to enter levels of overbought or some type of attack that we are already accustomed. It has strong resistances listed on the chart. After breaking the rising wedge and the inverse head and shoulders, he...
After forming the reference pattern. The BTC shall break the two resistance levels (R1, R2) marked with yellow lines. And if it is not too much to ask to break the triangle and continue with his bullrun. Good trading!