Atemak

Atemak

Based on my Analysis: How impressive the bears are for embarking a lot of people in their coup. My last resistance barrier is at 3838 USD. But I see already a resistance above that. The bears are so strong, The price has already breached it a bit but it didn't fully rushed through yet . The price is about to slow down. We have a good pattern seen in the...

Atemak

Based on my analysis: In my previous post I was saying the price was about to go down again. That was the case, and really abruptly. I would like you to remember all the horizontal lines I've drawn on the graph here. These are keypoints to the Bitcoin moves. The price is doomed to fall down 5000, but people will fight against that. The price can go down until...

Atemak

Eruption means here going high fast then plunging down. That's what I think has started to occur. Another eruption may occur also at any time (the second quake), but that is still really hypothetical so let the "price" "lava" falls down fist. (blablabla) This is a very special analysis this time for 2 reasons. I'm doing my analysis on a 1-HOUR chart and I'll...

Atemak

Dark knight rises Based on my analysis: I think the bull up move is now compromised. In my previous idea, I've drawn a tight range (channel) where the price was orbiting. It is a ceiling in fact, a real resistance zone. I think there is 15-25% chance that the price will keep on going up strongly. It's really pessimistic in my opinion. Let me tell you...

Atemak

Based on my analysis: The up move has now finished a cycle. But it's not yet finished for them. Because they are still strong. I'm seeing 2 possible scenarios for the next 2 days. As you can see I've removed most of my violet lines , from my previous idea. since they are useless now. That's why I say there is 2 possible scenarios By seeing the S4W/Mirror...

Atemak

Based on my analysis: Since my last idea, It seems the Bulls are fighting back. wanting to go back in the channel and move forward also. That is the case It's seems a real move up, since I saw in the S4W mirror/stop an uncommon pattern (drawn in the box on graph). Most of the times, when we have 2 hills of the same color there, the second is always lower than the...

Atemak

Based on my analysis : Since September 14th we've entered a channel, and exiting it will mark the real direction the market will go. I'm seeing the bulls power is "sanding" a bit. What is sure, for me, there is too many uncertainties right now to take action. The UP move is a bit compromised as it is now. Also, I've seen 2 of my support levels (violet lines) are...

Atemak

Based on my analysis, After the big fall, I see the bulls are consolidating now. One master piece is missing though, the S4W compression indicator on my graph is still in red. No Expansion yet. So everything is in place except that red compression. When this indicator will go green, we will have the last confirmation to BUY. So I don't advice to go LONG...

Atemak

Based on my analysis: After months of bearish domination, we can see now a real bullish move. See my indicator called "bitfinex dominion" at bottom. In my previous trading idea I've persisted to say it will go below 5800 again. I've kept this idea in part because the dominion was still owned by the bears, and because of what I call a candle recall. I saw the...

Atemak

Based on my analysis: The bear rally was near to its end, but unfortunately, the archer's move is showing that we're still in a downtrend direction. We are seeing an archer's move here. The price went up significantly, but it was a false move. the bear's archer is tending up his bow to "throw" price more lower. We have a down confirmation in the last indicator...

Atemak

Based on my analysis: I think we are seeing an archer's move. He is from the bull's realm, and to throw is arrow up high he first needs to go the opposite's way . So going a bit down first. So this archer tends his bow, that's the reason of this coming bearish move. It won't be a deep falling, it's just the bullish gang that is preparing its powerfull up move....

Atemak

Based on my analysis: It's for weeks I've waited the down move (to under 6K) to occur. It happened 2 days ago . I think we are in a real up period now for the days to come. The price should reach 6340 then 6840 USD. These are important steps to consolidate the up move. I've drawn these lines as green line on graph. I don't see any other sudden fall to go back...

Atemak

My analysis: If we breach the $ 9350 barrier here, the price will fall fast to 8730. There should then be some hesistation orbiting around 8800-9200. after that the price may drop even more to 7730. See the pink horizontal lines which represent the levels that price should pass (based on my analysis). I think the price is moving natutally to 7740 USD. I've...

Atemak

Based on my analysis: I see here the first confirmation of an uptrend . Price should go up, but we need to wait a second confirmation to be 100% sure. I bought at 11001 $, and will wait for a quick sell before waiting the second confirmation. The second confirmation is a bit slow however. Because I see the gray and green lines are moving in same way, so it's not...

Atemak Updated 

In my analyze there is a Bullish trend in formation. Carefully watch its evolution. It should make price climb significantly.

Atemak

Here is the last breath of the bulls. It's an opportunity to get now. Because the Bear's Gang is soon to take control, and it will strike hard. Bears will make price drop to $8800 . The bull' moves should go up until 11600-11900, then price will start a hugh fall.

Atemak Updated 

It's time for a quick buy until $12925 (max)! Possible fall starting in 2 to 3 days from now. The bears will make it fall to 8800$ (Let's hope not!)