Leopradellaa
1H MACD divergence, 0.382 fibo, breaking trendline and lower volume during correction. This is probably the higher low I was expecting and now the market will try the higher high. Let's see.
Possible reversal in the short term may get us to the higher low that we need MACD weaker, 5 waves in 1h timeframe and break of the trendline are the factors leading me to think about the reversal
1H chart. If we break the trendline, a 37.5k target seems reasonable
2 fib trend based scenarios for btc assuming we are finishing the 3rd wave now. I expect a correction at this timeframe after the 5th is finished
EOS has been doing great lately and I was a little surprised when I opened my EOS chart after a few weeks and discovered it has hit the exactly 1.61% of the first up move before taking a break from the impulse. Now Im very excited about possibly getting a 5th wave after the 4th wave correction ends but as Im worried about the possibility of a wave 4 have already...
We've seen the break out from the falling wedge and we are currently on 8.9k after the recent rally to 9040 and now I'm starting to see an ascending wedge telling me that we are probably going to see a correction before another wave up. I expect BTC to hit somewhere around 9250 (0.23 retracement from bearish structure) before that correction comes, maybe after a...
BTC/USD is showing some reversal candles on daily chart even though market sentiment is still completly bearish . I believe this bear run we just faced is a sign that a bull market is indeed much more distant than we thought like the bears are spreading everywhere since january. Still, I believe we have some room to run up before probably coming crashing down to...
BTC/USD 4hr chart. BTC is currently dropping from the last high (11.8k) when it failed to break the downtrend chanel stablished on early January and found some support testing the 50 and 200 EMA at 10.2k. It isn't a good entry point right now because if we break that support (and we have seen a lot of selling volume last 18 hours) we might get to lower areas like...
BTC/USD on 3hr chart. We've seen lower highs on days 02/10 and 02/12 trying to break 9k resistence and failing it. I think it is going to fail one last time tomorrow (02/14) at 8.8-8.9k and go back down to test support at 6k. The support trend line broken yesterday was another sign of bears taking control and if it fails to break 9k resistence this last time, we...