HarryTr

HarryTr Updated 

I would like to give a quick update on BTC price action + ABC correction failure + Impulsive channel broke and bearish outlook + Potential double combo WXY correction As mentioned in the previous update, bull run indicators have failed us but risks were recommended at a great consideration. Two selloffs have triggered a strong downward price momentum for BTC...

HarryTr Updated 

There have been some inconsistent price action and price pumps in the market. Therefore, I would like to give away my thoughts on short and swing trade positions in this market positions. BTC has been bouncing up and down the support parallel channel over the past 2 days. Now it is approaching to its "break out or break down" point of which upper 2 hour time...

HarryTr

Unfortunately, the likelihood of the 7800 bearish trend has a very small chance to occur according to the price movements over the last 48 hours. So the chance for low risk positions is likely to be 0. Good news is there are "early confirmation signals" of a small bull run ahead that could hit 9000 and 9380. There are four price action channels that BTC could go...

HarryTr

Tug of war of the Bull and the bear is going intensively, ups and downs of price action surrounding the trough C of ABC correction has been pretty intense. Based on the observation at the current price action, there are two scenarios that might happen to BTC Scenario 1 According to ABC Elliott Wave correction, BTC has reached it trough at around 8400-ish. If this...

HarryTr

I just want to give an update on the correction prediction on BTCUSD. As predicted BTC to correction within a few days. However, the price correction happened much faster than expected. ABC Elliott Wave correction has reached quite closely at around 8600. All positions reached at the expected level. At the moment, there is still not 100% guarantee whether the...

HarryTr Updated 

I just want to give an update on DGDBTC Technical analysis. As predicted, DGD is now free falling from 0.786 toward 1 Fib level. There was a bull trap region happened on the 6th of May. However, as I stated before, DGD could not resist the descending triangle. Price action for an upward trend has been very weak over the bull run period of Altcoins and BTC. Like...

HarryTr Updated 

This technical analysis mainly used Elliott Wave count and Fibonacci retracement to analyse market trend of BTC over the next two week from 30 min timeframe. Disregard a decent gain today 10/05/18 but the Elliott Wave has indicated some solid pattern of an ABC correction up ahead of BTCUSD. Using the 30 Min timeframe, Fibonacci retracement combined with Elliott...

HarryTr

This is just to give you all an update on ZCL correction region. As I predicted a week ago, the market now is confirmed its bearish trend. This bearish momentum is caused the BTC systemic risk as BTC is sliding down the hill again. This time, BTC could not reach the 10000 level as forecast, as we all remember this happened in mid February when BTC could not break...

HarryTr Updated 

A couple of TA indicators that I used for this are Trendline, Elliott Wave-Fibonacci, RSI, MACD and Moving Average (8,13,21 and 55). As we recall, DGD stayed strong against global hit on BTC. At its peak, DGD was worth more than $500. Since then, it has been cooling down and did not respond to the recent bull run in the crypto space. However, these are silver...

HarryTr Updated 

This technical analysis used Elliott - Fibonacci, triangle pattern, RSI, MACD to predict the upcoming price action of ZCLBTC on 1 hour, 45 min and 30 min timeframe. In the past three weeks, the market has gained approx 700% from around 0.00056 to 0.0043. There are obvious signs of weaking in upward price momentum indicated by the upper trendline that ZCL has not...

HarryTr

In this analysis, I used Fibonacci, Elliott Wave, Trendline, RSI and MACD to identify Stratis's price movement within the next two weeks. It is obvious that Stratis has bottomed out at 0.00048633 on the 2nd of April. Since then, the market has enjoyed two major bull runs. The first bull run stopped at 0.00061065 which determined by the 5th Elliott Wave. The...

HarryTr

I used Fibonacci, Elliott Wave and MACD, Candle Sticks to perform this TA. We have had some awesome swing-back of BTC over the past two days which gained us 12%. The chart pattern indicates very strong evidence of Elliott Wave as I drew on the chart (Red thin lines and thick blue lines). On daily chart, in general, the bull is having some major resistance from...

HarryTr

I used Elliott Impulsive Waves, Fib retracement, extension and upper and lower resistance trend line to identify the bottom of BTC bear market. The bear is losing control and BTC is heading to the third wave bull run in the intermediate wave size. The correction phase is identified by the three resistance levels (red circles). BTC is now retracing toward to the...

HarryTr Updated 

I used 8 21 and 55 EMA, Fibonacci Retracement and Trendline to identify market resistance and support points of NEBL/BTC. Neblio has been fluctuating at the 0.786 Fib Level. The market is heading toward a downward trend. This supported by two pieces of major evidence. First, the upper and lower trend-line are determined by the three resistance and support points...

HarryTr

I used the Triangle Patterns to analyse the bearish trend as it has broken below 0.03300. I would think the market is heading to its further correction to the next Fib level of 0.786. I might just wait so track on the trade volume and market response to the trend or ladder my short position down to 0.786. The overall market outlook is still very bearish in the...