Still a little bit to go before the bottom, which I think will be around 12.5k. For now it looks like we are completing a flag which will signal the continuation of the dump to 12.5k from the initial 21k. There is still a little possibility that we will spike to 18.5k to test it one last time as resistance, but get ready for a historic dump potentially touching...
COINBASE:BTCUSD I haven't posted in a while, but that doesn't mean I wasn't practicing, so I decided to get in some predictions. In the next few days I think BTC will go down to around 18500. It has been a great run up, but less and less indicators support this relief rally. Short term it will mean some down movement to 18500, then we will potentially plummet to...
TLDR: Markets have been on fire, but we are due a slight correction to keep them from overheating.
TLDR: Bitcoin needs to slow down and get a bounce for the weekend for some amazing up movement, or else we are going back to 37-39k zones for short term. Tesla hasn't bottomed out yet, it still has to do a proper fib. retracement or get a second bounce from a support line, which is much lower then then the fib. lines.
TLDR: We will be going up, and not just 10-15%. We might go down from here another 3-5%, but be ready for it to run up at any moment in the next week or so.
TLDR: Wait for breakout at 39k. Everything happening worldwide makes BTC bullish.
TLDR: BTC has to break out through 39700 and stay above 38900. Tesla a lot of uncertainty and lower prices to come.
TLDR: There is a lot of room to go up in price, but that doesn't mean we won't go down another 15-20% from here.
TLDR: If we can confirm a bounce at 37500 we will rocket off. But a breakthrough 40k would essential do the same.
TLDR: BTC is still in a critical zone, but it does look like it's favoring short. Tesla accumulating price during FUD, still looking good. I am an amateur who is trying to learn and improve. This is not financial advice, trade at your own risk and within your capacity of understanding.
Here is my analysis for Tesla for end of January into the start of February . 1100$ resistance is too strong, the market is slowing down and reversing. You can see there is support at 1040$ that has been pierced twice, first time was a quick rebound, second it dipped below before coming back up forming a very odd shoulder. It is not the best H&S, but the failing...
Not much in depth, but will carry us a good 15-20% if we do break through. I am an amateur who is trying to learn and improve. This is not financial advice, trade at your own risk and within your capacity of understanding.
TLDR: Looks like everything is going up in the mid to long term, expect some slight down movement from time to time. I am an amateur who is trying to learn and improve. This is not financial advice, trade at your own risk and within your capacity of understanding.
TLDR: Looks like BTC will dump a bit more, but definitely not into the sub 30k zone. Tesla bounced from the bottom, but it might need a second bottom confirmation before making a meaningful move. I am an amateur who is trying to learn and improve. This is not financial advice, trade at your own risk and within your capacity of understanding.
TLDR: Market pressure is building for both Tesla and BTC, we are in an area that has gave us 30+% gains in a few days, as well as 10%+ loses in a few hours. Be vigilant, be careful and either watch the markets or setup limits and stops. The next flip of the coin will make a lot of people wealthier and many much poorer, so do your homework and stand by your...
TLDR: Not much since yesterday. BTC is doing exceeding well, Tesla is holding the pocket for a big movement which will happen before February 15th. I am an amateur who is trying to learn and improve. This is not financial advice, trade at your own risk and within your capacity of understanding.
Was playing around with lines this morning. Noticed that the previous down, reversal and run up started almost exactly the same one as the current one: 1) Started on a downtrend from a double top 2) Confirmed top with a third lower bottom (or left shoulder). 3) Dip and created a heavy gap (candle wick) at the bottom. 4) Went down a bit more before confirming a...
Looking purely at BTC through different time intervals. TLDR: Going up for a few hours then going down. I am an amateur who is trying to learn and improve. This is not financial advice, trade at your own risk and within your capacity of understanding.