PegasusTechCharts

PegasusTechCharts Updated 

Dear Friends Here is a new comprehensive analysis of Bitcoin on the 12-hour medium-term chart. Bitcoin broke out of the trading range upwards on August 6 as known to everyone. If we measure and project this range we end up with a price target of around 51000 USD. The interesting thing here is that this is exactly the 0.618 Fibonaccie level from the top (64897)...

PegasusTechCharts Updated 

BITCOIN EXTREMELY CRUCIAL POINT NOW - Inv HS + broadening Bottom Dear friends and traders! A new analysis for Bitcoin on the 12 hour chart! Bitcoin has currently arrived at a crucial point. The top of the range but there are new elements. We see clearly a broadening bottom but also an inverted head shoulder formation and a very strong resistance in the form of...

PegasusTechCharts Updated 

Bitcoin 4 strong resistance lines + a large bearflag / large head and shoulders formation Good evening dear friends, I have made a new analysis for Bitcoin but the last one is still perfecly valid so best look at them both. Here you see a 12 hours chart and there are a few remarkable things here. First, the concentrated point where no less than 4 trend lines...

PegasusTechCharts Updated 

HS Formation Dear Friends A quick but brief update here on the hourly chart. Bitcoin has clearly formed a HS formation and the neckline of this formation has already been re-tested. The Target is now 34684 and from there we will see again how the structure develops. Also be sure to check out my previous updates on Bitcoin as they belong together. The others...

PegasusTechCharts Updated 

Bitcoin BTC - What is next after the pump and dump Dear friends You see here the 12 hours chart of Bitcoin. This is therefore a medium term analysis. We see that after the pump and dump action that Bitcoin has dropped and is still in the trading range. This range is between the gray zones from 28800 to 42000 USD. How do we proceed in this range is the big...

PegasusTechCharts Updated 

Dear Friends, Ethereum has formed a bearish rising wedge and it has broken out to the downside. The target of the wedge is 1852 USD. If Ethereum breaks out above 2205 this will be the stoploss for the short and it will go to the next level of 2400 usd. We also see the declining trendline which acts as a strong resistance and for a bullish scenario Ethereum need...

PegasusTechCharts Updated 

Bitcoin Diamond pattern formed. Watch the breakout! Diamond pattern formed as expected. Dear friends, As I wrote in my previous update, a diamond pattern has indeed been formed. Now look at the breakout. It is expected to be down but if not then the stop level is at 33200. I expect at least 25000 USD as a price target for Bitcoin but it could easily go lower...

PegasusTechCharts Updated 

Bitcoin The effect of many Head and shoulders formations! Here we are looking at the 90 minute chart of Bitcoin dear friends. Bitcoin has made another lower high and lower low and so we are very likely going to descend further into the blue trend channel. The trend is your friend and the trend is down! The red trajectory is how it could go but it could also go...

PegasusTechCharts Updated 

Bitcoin 3x head and shoulders + bearflag / bearish rising wedge + triangle. All patterns confirmed and valid Dear friends, As I expected, Bitcoin is forming a bearflag / bearish rising wedge (purple) . Yes unique because there are now 3 bearish head shoulder formations actif at the same time of which in all three the neckline has been broken. Currently, Bitcoin...

PegasusTechCharts Updated 

Bitcoin simple but powerful analysis with bullish bearish levels Dear friends, A different and very simple look at Bitcoin with the different bullish and bearish levels. Also posted so that you can follow it with the button in te screen to update the chart. This can be short but powerful. The simpler the better! Please note that my previous analyses are just...

PegasusTechCharts Updated 

Bticoin 30 minute chart New Patterns - Check it out! Hello dear friends and traders, There are some new developments on Bitcoin's 30 minute chart. Bitcoin has already formed a Bearflag and is moving in this pattern. We also see the formation of a Head shoulder formation. I expect up to 33700 as the highest point for the right shoulder, After breaking through...

PegasusTechCharts Updated 

Ethereum HS Formation - Targets 1700 - 1600 - 1300 Dear friends Ethereum has completed a head shoulder formation and we see as first targets 1700 - 1600 and 1300. The neckline of this HS formation has already been broken and Ethereum moves downwards in the trendchannel. Traders have become extremely cautious after all the liquidations of accounts during violent...

PegasusTechCharts Updated 

Dear friends, Here is an update of Bitcoin on the 2 hour chart. Be sure to check out my previous analysis as this one is an addendum to the previous one that is still valid. Bitcoin has fallen through the neckline of the HS formation (orange) and has successfully re-tested this line. The second HS formation (green) is also valid and the price has already fallen...

PegasusTechCharts Updated 

Dear friends, A picture say more then a thousand words! Certainly Bitcoin can rise to the many falling trendlines but the risk reward is far too low! Except when you sit for your computer with 15 amd 5 minute charts. Then you can profit from small movements between the different resistances. But for normal trading it is not worth it to go LONG in my...

PegasusTechCharts Updated 

Hello friends and traders, Here is a new update for Bitcoin, The bulls do not like to see this scenario and neither do I but I am only translating what the chart shows. I have really not a single bias on the chart or trades I make. In a bull market there is simply more to be gained than in a bear market but these patterns in the chart show clear signals. I like...

PegasusTechCharts Updated 

Ethereum possible down to 2060 - 1951 - 1700 - detailed analysis Dear friends, Here we are looking at Ethereum on the 1 hour chart moving in a ascending triangle with decreasing volume. The upper boundery is an ultra strong resistance level that first needs to be broken before thinking about going LONG on Ethereum. In the chart, we also see a large bearish...

PegasusTechCharts Updated 

Dear friends, Here my personal idea about Bitcoin on the 4 hour chart. Bitcoin has made a head shoulder formation with the neckline at exactly 34000 USD. Currently, this neckline is likely to be tested again by BTC. The target of this HS is at 30800 USD. I expect another range of several days between 30800 and 31800 there. Then there could possibly be some...

PegasusTechCharts Updated 

Dear Friends, How do things continue after the continuation of my previous analysis with Bitcoin? We see here that Bitcoin is in a descending trend channel after forming a larger bear flag. I expect a target of 30100 USD after which we will rebound like a moon rocket to 35000 USD ;-) We will then also have formed a new pattern, namely a reversed head-shoulder...