SWINGPROFESSOR

SWINGPROFESSOR

As we see now on the 4H chart from the wider perspective, we have formed a nice bull flag at the 7700 areas. As for me in my observation it this a key support area now, but was resistance before. I expect the next pump to the 8200 areas with in the 24 H, maybe even earlier. EMA positive. Ichimoku also positive. News positive. BTC pump should be also...

SWINGPROFESSOR Updated 

I like what I see! If you analyse this BTCUSD LONGS chart, then you might see where we are heading! 8 K incoming soon! *This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.

SWINGPROFESSOR

So as we see now after nice trainings on weekend the monday momentum started to kick in! I think we will see 8 K in the next 24 Hours. Happy trading! *This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.

SWINGPROFESSOR Updated 

So as we see now on 4 H chart we have formed a bull flag! I know I am really bad at drawing lines etc... but you will get my point anyway! After the nice sell of yesterday we had considerably minor retrace to the low 7200 areas. Which many traders think is not enough based on Fib levels, but in my opinion it will work out this time again. There is still a lot of...

SWINGPROFESSOR

Now as we see here on the 4 H chart, we are almost there, really close to my first position from the last analysis. Really nice bull fag formed. It has been a really long time already in the 7300-7400 areas, need to be a break up to our next target levels soon. RSI looking good on 4 H and 1 H charts. Volume went down also. So I expect the bounce in the next 12...

SWINGPROFESSOR

As we see on BTC 1 H chart, there is a lot of sideways movement, which lead to a formation of a strong bull flag. Also seen on 4 H chart. A bit brocken into two parts, but still a bull flag formation. 7400 areas seem to be holding pretty good! In addition the EMA Ribbons are getting higher, which I think is good sign for bulls. This could launch the next pump up...

SWINGPROFESSOR

I think this 2 patterns on 1 H chart look pretty same, but the second one is much bigger in size and time. This gives me more confidence on Long positions here. As I said in the previous analysis, good areas to open Longs here. 7250-7300 areas! Lets see where it takes us! *This is not an financial advice, this is only an idea. Do your own research and act on...

SWINGPROFESSOR

I normally don't like analysing 1 H charts, but let me try. I think there is high probability of bouncing up again soon. We found support after the retrace of BTC today at night. 7250 areas. I also think this looks like a bull flag or kind of a bullish sign. Bulls need a break from the overheated pumps previously. Which is logical. We could go sideways in short...

SWINGPROFESSOR

As i just noticed after reading a few other traders analysis, that there could be a bigger picture behind these BTC moves. Maybe a bigger Head & Shoulders formation is forming at 1 D chart, of course on a bigger time frame. But this could also play out really soon. Maybe in a week or so. Now at the moment at 7340 areas. After this recent good and healthy...

SWINGPROFESSOR

As we see on this 1 D chart now, there has been a huge rally up, which also resulted from a massive short squeeze. We are in 7400 areas now. There should be a healthy retracement now, but maybe there is room till 7750 areas (where the red line is), where also the next major resistance is. Let's see what plays out sooner or later in the short term, But i think we...

SWINGPROFESSOR

As we see on this 1 D chart, my predictions about the Head & Shoulder did confirm itself. We are seeing a nice bounce from 6100 areas. Now at 6550 areas, going to break 6800 areas hopefully soon, could be in the next 24-48 hours. Then we would reach our next targets at the 7200-7400 areas. *This is not an financial advice, this is only an idea. Do your own...

SWINGPROFESSOR Updated 

Could it be it?! I hope so! 6100 areas need to hold, otherwise we are going to the 5500 areas i guess. But if we analyse the 1 D chart, the head and shoulder formation makes sense. Or? I hope we bounce back up from this levels! 6800 areas seem to be unbreakable? *This is not an financial advice, this is only an idea. Do your own research and act on your...

SWINGPROFESSOR Updated 

As we saw the massive slide to the low 8300 yesterday, this could be a conformation of our Head and Shoulders structure. I hoped that 8450-8500 would be the stop, but i was wrong. But now we hopefully go up again and breach 6800 and then straight to the 7200 area. With positive news and right volumes it should be possible now. *This is not an financial advice,...

SWINGPROFESSOR Updated 

As we can see on this 4 H chart, there is a pretty good support, i would say, forming at the 6700 area. We could be heading for breaching 6800 within next 24 H, I guess. The slight correction yesterday has been played out. Bulls are getting taking control over 7 k areas. I hope good news these days will help to push further UP. *This is not an financial advice,...

SWINGPROFESSOR

There is a huge support now at the 6550 area as we see it on this 4 H chart. At the same time we are still struggling with 6800-6850 area . Once this is breached, we are going UP UP UP to the 7200-7300 area. + we have almost only good news in the last 2 weeks! *This is not an financial advice, this only my idea. Do your own research and act on your responsibility.