Kryptotrejder

Kryptotrejder

BTC definitely ended 27,50% correction and price tested 1W 100SMA. So zone around 50.000$ is still strong support and it is necessary to reach higher short-term low. As we can see, market price is reaching local top because there is strong resistance zone around point of control 56.300$. Another bearish resistance in the same level as POC - MA21 (green curve)....

Kryptotrejder

After reaching local maximum of 10.500$, we see correction in bullish flag. This flag contains triple ZigZag with ZigZag X-waves (WXYXZ). It means that both X-waves cointain ABC simple ZigZags. Market price is at the point Z right now, so potentially there is a possibility to bounce upwards on this support but more possible is to finish target of WXYXZ. The most...

Kryptotrejder

As we can see, the volatility is still lower. I predict the same behavior during whole September. But right now, we can take a look at possible next local minimum or maximum for daily traders. On picture, we are facing bullish Gartley harmonic pattern, which is not confirmed yet. It means, that bullish targets after formatting this pattern can not be created right...

Kryptotrejder

First of all, we can see a traditional correction. For short-term traders there is also possibility to watch next local minimum, which can be created around 15000 sth, just a little bit lower than market price. I prefer to find 1-2-3 bottom formation at this point. Next movement can be profitable as we can see but i am not at long-term long position right now. I...

Kryptotrejder

As we can see after reaching second target of AB=CD at 61,8% Fibonacci retracement of AD around 100$, we are facing short-term downtrend. So it is time to identify possible local minimum or reverse zone. Take a look at last downtrend movement. If we create Fibonacci extension of this movement we can see possible support at point 2. This point is also crossed by...

Kryptotrejder

First we need to identify possibilities of candle pattern 1-2-3 bottom formation. As we can see in history, this pattern failed many times, so be careful. Right now 1-2-3 bottom formation was created but not confirmed. Main resistance is on lvl 38500 sth, which is 38,2% Fib retracement of last main downtrend line and this value was respected on last local maximum...

Kryptotrejder Updated 

As we can see the most possible local minimum is around 9.650$ as second possible corrective wave in BAT pattern BC, which is exact 88,6% Fibonacci retracement of AB. After accepting this main support line, the prediction is impulsive movement CD, which includes 3 possible targets. First target - 11.650$ - main resistance level and 0,786 XA movement are in the...

Kryptotrejder

Price of this chart is going to test minimum value of 1 -2 satoshi. Point "X" is point where 1.272 Fibonacci extension and this main support are crossed. As we can see this zone is also the same prediction from time point of view of around 120 bars. In short-term prediction it also shows low volatility but in month there can be a huge movement of uptrend. During...

Kryptotrejder

Formation 1-2-3 bottom was succesfully created and price reacted after touching main support. As we can see ascending triangel was finished and resistance level 10.500$ was broken. This value of 10.500$ is 50% Fibonacci retracement of previous short-term downtrend. Price in now staying at 61,8% around 10.700$. Main resistance is around 11.700$, which is my next...

Kryptotrejder

As we can see following graph is including Fibonacci extension levels as our potencial reverse zones. FIrst potencial level can be around 9.000$ as 1.272 fib ext. and second 1.414 fib ext on value 8.700$. There is necessary to say that BTC is under main dynamic support level right now, which exists from the beginning of uptrend. We are in undervaluation zone at...

Kryptotrejder

EXP shows the end of triangel and resistance will be hopefully broken.

Kryptotrejder

just need to wait until end of the descending triangel.

Kryptotrejder

We can see identical descending triangel like in 2017. Now we just need to wait until price will break up this triangel. Main support zone is around 720sth. But it can show breakup sooner. MACD shows higher lows during this downtrend and like in 2017 after breking up zero the uptrend was confirmed.

Kryptotrejder

We can see tripple bottom pattern which was confirmed right now. So we need to see right shoulder to 11500$. MACD shows us higher lows and break up from zero. When long term Head and shoulders will be completed and long term resistance will be broken we will see change of trend.

Kryptotrejder

Hello everybody, next few hours can BTC drop to 9300$. In case of trend turnover, the local maximum of second elliot corrective wave will be around 10900$. The most probable is that correction will stop around 8000$. Important is point A - there is the question if long-term bottom pattern head and sholders will be confirmed. In case that downtrend wil lstop...

Kryptotrejder

Hello everybody, BURST is going to hard fork in 15.03.2018. It is possible to change short-term downtrend triangle to 200%-300% uptrend.We saw this pattern before - from 15.12.2017 to 05.01.2018. We can also see short-term support zone at 300sth. MACD histogram shows higher lows near zero so short-term uptrend is confirmed.

Kryptotrejder

Prepare for last corrective wave :)

Kryptotrejder

Correction is at the end.