For the big picture I use a Fibonacci retracement from the 2838$ (15.09.2017) to 19798$ (17.12.2017). The 0.236 retracement was the neckline! What are the arts. Also other key levels line up to this retracement. The daily Ichimoku cloud got confirmation. Big increasing Volume! Target 8825$ Rebuy probably good at 8651$. Price could bounce back at 9304$ = 0.382...
Hello, You can see clearly that the bulls tried to break 7777$ resistance for the second time. And the bearish answer with a sell of over 800 BTC was well defended by the bulls. They bought the dip at the 0.618 Fibonnacci Retracement. It is also on some exchanges the 4h EMA. And the 15 Minute RSI got at 30 there. And a close today over 7700$ is on the daily...
I used the parallel channel on the daily lows on binance. The high of the flag is at the yellow line(7581$). It is almost a perfect bear flag. Short to the low 7000$ or maybe to the 6800$ to confirm the neck from the reversal Head and Shoulder pattern. The volatility stop and the 21 EMA (both on the daily, default settings) are waiting there. Feel free to leave a...
First of all there was a huge volume deposited from the market on 29.03.2018. It leaded to a minimum of 291 EUR. The downtrendline from the absolute top-price, 1160 EUR, crosses the way soon. 300 EUR acts as support, 340 as resistance. The fibonacci retracement fits well to the 1h and 15min frames. From the low and the double confirmation at 338 EUR it forms a...