RodrigoGarreton

RodrigoGarreton

Definition: A falling wedge is a pattern that is formed in the context of a fall or downward trend, is composed of two descending and converging trend lines that connect a series of descending peaks and valleys, or downward pivots. Background: The power of a falling wedge is greater after a moderate fall, due to the loss of superior strength during the formation...

RodrigoGarreton Updated 

I see a stalemate for not saying "indecision" we are in a beautiful mess await a confirmation on the action that will take btc at this time, remember that it is weekend, and lately (except the previous one) the weekend are red for the cryptos , I think we should wait for the action taken by him to develop a commercial strategy. See you soon

RodrigoGarreton

Break of resistance marked by weekly pivot, the price has escalated until the rupture of R1 that is at the height of 9431, it is very likely that this resistance surfed now becomes support, we also have a change in the behavior of the volume, showing interested in upside operations. Rotura de resistencia marcada por pivote semanal, el precio ha escalado hasta la...

RodrigoGarreton Updated 

Let's see how much desire they have to sustain this fight the bulls, there is still a long way and insecurity in its stretch Veamos que tantas ganas tienen de sostener este combate los toros, aun hay largo camino e inseguridad en su tramo

RodrigoGarreton

The figure that we are going to know has a name the less curious: "cup with handle" and it is a figure similar to the double floor, but with the difference that in this case two valleys are formed, of which the first one is wider and the second smaller and with less depth in the price drop. The cup with handle is a bullish continuation pattern that marks a period...

RodrigoGarreton

Will today be the day you decide the path of bitcoin? Much more strength of bulls looms on the horizon, the trend is apparently confirmed today Sera hoy el dia que se decida el camino de bitcoin? Mucha mas fuerza de toros asoma en el horizonte, la tendencia aparentemente se confirma hoy

RodrigoGarreton Updated 

Possible formation of three black soles on a 4 hour chart, drive with caution, still missing to confirm the last sail Posible formacion de tres solados negros en chart de 4 horas, manejese con precaucion, aun falta para confirmar la ultima vela

RodrigoGarreton

Well I do not have much to say, apparently the market invalidated the Head Shoulder formations that we were analyzing, but in spite of everything we still continue in a good channel, it must have extreme caution at this point as I start to notice some hungry whales doing theirs for which this becomes even more complicated, my recommendation for this moment is to...

RodrigoGarreton Updated 

We are seeing resurgence of bulls pumping, I think the profession will be fulfilled xD Estamos viendo resurgimiento de toros bombeando, creo que la profesia se cumplira xD

RodrigoGarreton Updated 

it's a hunch that maybe it's like that, we just have to see how it closes

RodrigoGarreton

BTC has rebounded from the 7800 level instead of the 7200/7500 level. It has rebounded by more than 8550, and reached a new high of 8580. BTC is now in the correction phase and the next rebound point will be $ 8300. We expect it to rebound to the level of $ 9000 and continue moving up to $ 11000 / $ 12000 with series of minor corrections. If it falls below $...

RodrigoGarreton Updated 

We are in a somewhat complex situation, as you can see we are in a margin in such a way that it could discard any of the two scenarios presented in the graph Estamos en una situacion un tanto compleja, como ven estamos en un margen de tal manera que podria desercadenar cualquiera de los dos escenarios planteados en la grafica

RodrigoGarreton

formation of hch in candles of 1 hour, within a possible formation hchi within candles of 4 hours formacion de hch en velas de 1 hora, dentro de una posible formacion hchi dentro de velas de 4horas

RodrigoGarreton Updated 

In this graph "coincidentally" I find a situation in which btc has respected me to the letter the supports and resistance indicated by the pivot, on the other hand, I am looking for a dip followed by a revote at the level of 7200 for continue the HCHi pattern formation, as you can see, it's just me r3 of the pivot, level 0.618 of fibo and it crosses just the...

RodrigoGarreton

Sketch, quick, guide, possibilities btc

RodrigoGarreton

Sketch, fast

RodrigoGarreton

Beyond that it is obvious a bearish trend of bitcoin, it can happen that it goes down more than expected, I risk to think that it will return to the value before the fork