RobertMercer

RobertMercer

The price is forming an inverse descending triangle - bearish pattern. There is a resistance at the $0.23785 level and the support at the $0.2296. The zone between these levels are good for entering SHORT position.

RobertMercer Updated 

The support of the $10750 was broken - very bearish sign. More likely we will see a re-test of the $10750, but it is also quite possible to see an upward spike to the $10820 point, so the stop loss of a SHORT position should be placed slightly higher. Good entry zone in SHORT position is $10655 - $10750, targets are marked on the chart.

RobertMercer Updated 

Straight out the gate - we don't hold any position on Bitcoin right now. This update was made just because we receive dozens of requests. As you could remember, there is an important level on #BTC - $10400. The price has sharply reacted on this level multiple times. Now we can see that it was rejected from there, again. Priority is downwards (very locally), the...

RobertMercer

👀 These ascending channels look quite similar, don't you think? Expect to see a massive upward growth of $BTC to the $13000 area in the near future.

RobertMercer

As you can see, the $LTC price has broken over the 5015 sats level and flipped it into support. Bullish volumes are quite high. The next level where we expect it to reach is 7000 sats.

RobertMercer

We expect to see flat movements on Bitcoin in the near future. Why? $12000 turned out to be a too strong level for bulls to break out, from this point we got a massive dump to the $10500 support. What do we have now? Bulls are protecting the mentioned support level but don't have enough powers to go upwards and break through the $12k point. So, more likely we...

RobertMercer

Everyone got shocked today because of the massive dump appeared on the market. Bitcoin dumped from $12000 to $10500 which is 15% decline. But not everyone remember that the same situation has already happened. Let's remember May 2019 , Bitcoin has been growing sharply but suddenly dumped from $8400 to $6600 which is 27% decline. But then the price has come...

RobertMercer

- $BTC didn't close monthly above the $10000 for almost a year. - $BTC didn't close monthly above the $11000 for almost 3 years. Many of you joined crypto space in 2017, do you remember what did we think about reaching $10000 that time? It was unbelievable. What about now? We tell that Bitcoin is cheap when it cost lower than $10k. Interesting, what normes...

RobertMercer

The silver chart located on the left shows how the price recovered from the dump caused by the Coronavirus. The Bitcoin chart on the right shows how the price is exiting the boundaries of the resistance it couldn't break for an entire year. After silver went above the resistance level, it was sharply sent upwards, because everyone understood that a new...

RobertMercer

🐝 BTC UPDATE First of all - my congratulations, we are in a bullish market! The crucial level of $10000 was broken upwards and now the price is trading above it. However, at the moment the market is overbought and it needs at least a small correction. The zone between $10300 and $10500 is the crucial support at the moment. Marked the most important resistances...

RobertMercer

At the moment this major asset is stuck between two horizontal levels of $7.67 and $8.81. These levels are correlating with descending and ascending levels, everything is marked on the chart. As long as this coin is stuck inside this horizontal channel, it is consolidating for the further movement. Movement will be determined by the side of breakout. If it...

RobertMercer

This is the chart of correlation between Bitcoin Volatility Index and Bitcoin PA. As you can see, the volatility at the moment is located at the historical bottom which has proved itself a strong base where PA starts. Previous times volatility was there: - January 2017 before the rally from $1000 to $20000 - November 2018 before the breakdown $6000 -...

RobertMercer

$WRX just broke through the falling wedge and also broke the horizontal resistance of 1460 sats. Now the coin is taking hold above these levels. Buying it here and placing bids down to 1450 sats. Marked targets on the chart.

RobertMercer

This alt is exploding at the moment - just broke strong resistance. Buying it here near the support of 1285 sats. Marked targets on the chart.

RobertMercer

Ripple managed to break through the descending channels upwards, we were waiting for it. At the moment there are two support levels: $0.19780 & $0.19200. We can see a retest of them, but anyway the priority is upwards. Targets are marked on the chart. The final target is a double top.

RobertMercer

Tezos is finishing the first ascending wave. Now there is a resistance at the 2910 sats level, there we expect to see a small correction down to the 2730 - 2790 sats zone. This zone can be considered as an entry, we will place our bids there. If we see that the price breaks through 2910 level and takes hold above it, it would be very bullish case. Target is...

RobertMercer

There is a tripple divergence. Don't advice buying here, but supports of 2730 and 2785 sats look solid enough for buying there. This asset needs a small correction and then will continue its growth!

RobertMercer

The crucial level of $9175 was broken, but retest failed and the price dumped below it again. Expect a downwards correction here. The first target is $9065 and the second one is $8925. These levels are also good for entering LONG position with the target at $9300.