Well the Head and Shoulder got completed, which sent BTC directly to the lower trendline of the downtrend. The good thing: Huge bullish divergence on 4h and Daily-Chart, which is a very positive sign. As you can see, we are at the 0.618 Fiblevel, the golden ratio which mostly always gives a good bounce up. I expect a strong move up within the next days. However,...
RSI dropping and bearish divergence. I am still very bearish, let's see how it works out. Wedge pattern, regarding decreasing volume, bearish divergence on RSI, MACD will have a crossover too, I think we go further down, I can't see a surprising rise to be honest, I might get surprised but these indications are more than clear for me. We will break the red lower...
I might be completely wrong, but MACD about to cross on 4h and RSI bearish divergence. I do not see an inverse Head and Shoulder and gonna short. We might break overhead resistance, then I think of longing again. Volume not promising either. Any productive ideas or thoughts? Always up to learn and improve
RSI overbought Stoch turn and overbought MACD turn and lower. Fib Ret and count concludes that we got the Top... Confirmation if it goes lower than wave 3 top (EW rule) Tweezer Top Candle formation on 4 Hour, if it closes, confirmation to go down Bounce from A to B for profit: 0.25021 Enter long position 0.26765 Sell 7% Profit I am no Pro, this is more for my...
We can see pretty clearly that LSK arrived at the bottom of the first 1-5 and ABC cycle, found support at the 0.786 and managed to get to the top of the first sub-wave, found support and closed it's sub-wave 2. LSK had indecision yesterday on all candles, not very surprising with people jumping out to get on the BTC train, LSK got back pretty strong to over...
680 and 630 is the bounce zone for XVG to start it's wave up to 5. Wave 3 had pretty exact a move up of 1.6 on fib. Wave 4 can't retrace in zone 1 area, therefore I will stack lower than 680 and expect a bounce from 660-630 ~ 1230 is the target for wave 5 Input and feedback always appreciated
Well first two targets got hit pretty well. RSI, Vol, MACD and EMA 55 show us, that we hit the Top of wave 1 and are on a way down to 2. Target of the wave could be between 0.382 and 0.5 Fib Ret. I got my buy-orders stacked between 8000 and 8100. Target see on Chart. Bulls and bears are still fighting on the way down, we might retarced higher and wave 2 might be...
BCPT after the rally in a correction and a clear falling wedge. Prior Trend: Ideally, the falling wedge will form after an extended downtrend and mark the final low. Upper Resistance Line: It takes at least two reaction highs to form the upper resistance line, ideally three. Each reaction high should be lower than the previous highs. Lower Support Line: At...
You can see a clear divergence on the volume , right now we are still in the bearflag. MACD on 4h Chart shows a positive cross-over, but I would not fall for that. Most traders do not believe in a bounce from here now. I assume and expect that most of us wait for the next Fib level @ 7250! It will be a hard and very powerful bounce from there. First target should...
There you go, chart says more than enough.
Right now on the way down from B to C, new Buyzone opens for new start of a bigger 12345 wave. BTC going down for a bit now, next shortterm target @ 8700 (4.5% profit). Buy at 8400 I am not a Pro, I publish for experience exchange, helpful advises and interest!
NeoUSD on a clear uptrend. Right now it's going up from 2 to 3. Maintarget is @143, profit 30%. I expect roughly a week to get to the maintarget, depends on the volume and how many people have interest in NEOUSD. Different subwaves give us the opportunity to sell on targets and rebuy on lower levels. I'll give an update when it's time.
Chart says it all, Correction not fully over, dropping from B to C within the next days. Rebuy BTC @7370 and go together with me to the moon. Check other BTC idea of me to fully understand this huge concept we are in. BTC will probably go up to 8640 within the next hours and down from there. Thank you.