All the news articles are saying that crypto market is going down, but the price is not showing that much willingness to go down, most likely it will hit the 10,000 level. Most of the exchanges have high number of short orders, if the price hit the 5800 level the price will brake the strong resistance level and go to the 4000-3500 level and they will have profits,...
Bitcoin is currently in a convergence setup with a strong support at level 58500. Note that the market sentiment is not much positive. The green and red grap (the second graph strep) is the bittrex short and long position orders, note that the short ordres have resen in the past days. If a price increase happens, the short orders have to by to cover, this might...
This H&S has sneaked up on as. It can go a long way down, 8000 is the target if the H&S brakes. I'm trading at CEX.IO so change your values according to the exchanges.
If the pattern workers out we will have lots of things to be happy about, at the same time their is a possible double bottom situation, lets hope the required support level is good. I know that the last time the IH&S did not work as we expected but lets see what will the future holds. If you think the Idea is likeable a like would be nice.
As you can see this dump is lacking the huge volume spikes that can be seen at the privies dumps, it is most likely that small traders are selling to the the big wales, and why the hell would wales do that ? The answer is that every one knows that this is not the end but the beginning of the second coming. start making a plan and buy according to that. most...
You can see that we are in a double top condition and the current resistance level has never been good for a bull prediction. Everything has a limit even repetition so be patient and wait for a brake out. If the flag pattern works out we will have a double bottom and that is a level that we can brake the down trend channel with confidence, and there wouldn't be...
Be aware now on BTC to reach 10,000.0 we need to brake the main down trend line. Before going long aiming $10,000.0, wait for a brake out. This point will decide the price behavior in the coming days or weeks.