A quick analysis of what can happen with BTC. I saw a symmetrical triangle in the daily chart of BTC. Which will probably break out upwards due to the strong support around 9500. I think the price of btc will go sideways until the launch of Bakkt. When Bakkt launches without any obstacles there will be more demand for digital currenties, which will eventually...
We saw a negative breakout on the symmetrical triangle. The price went to the old support level which is around $9500. And now the price is going up, facing resistance levels at $9.800, $10.900, $12.000, $13800 and finally the magical $20.000.
Support and resistance levels for BTC, including some buy options. I drew a basic buy plan for BTC for people who are interested in buying BTC but don't know when they should buy. I used a 50 sma and a 200 sma which portrait a average of a certain amount of days, the 50 sma for 50 days and the 200 sma for 200 days. The cross of these sma's is called the golden...
ETH/BTC shows a beginning of a bearish pattern, backed by indicators. A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior...
Binance coin is likely to fall, there are signs of a double top pattern in the daily chart. Today i found signs of a double top pattern in the daily graph. The flag stock chart pattern forms through a rectangle. The rectangle develops from two trendlines which form the support and resistance until the price breaks out. The flag will have sloping trendlines,...
Bitcoin will soon fall to the $3200 again! There is an obvious bearflag in the BTC/USDT chart. Which is a sign for downfall. When the lower trendline breaks, it triggers panic sellers as the downtrend resumes another leg down. Just like the bull flag, the severity of the drop on the flagpole determines how strong the bear flag can be. I use the RSI as momentum...
In this educational idea I’ll cover the SMA cross strategy. I’ll will cover how it works, what my peripheral values are and how it can work for you. The Simple moving averages cross strategy is a strategy where you buy something on a buy-signal of the indicator and sell it on a target, for example if you had 5% profit. What is a moving average? A moving average...
This is a speculation on what will happen with NEO. Mind that i don´t have a glass sphere where i can for see the future with. The first thing i did was finding the resistance and support levels. I used the volume to identify them. I moved on seeking for a pattern i couldn't find a clear one. So i wrote down a line from top to top and from bottom to bottom. I...
This is a speculation on what will happen with BTC. Mind that i don´t have a glass sphere where i can for see the future with. I first drew the support(green) and the resistance(red)-lines. I found them using the volume indicator. The resistance line is drawn down on a point were high volume was met. For the support i used is the deepest point met in this time...
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This is a BNB/USDT speculation. The bearish trend in BTC is still going, while there are signs of a reverse head and shoulder pattern, there is still a high change that BTC will fall because the bearish trend is strong. BTC has a lot of influance on the price of alt coins. Because there is a high change BTC will bottom again, that there is a also high change BNB...
A analysis with a little speculation about BTC.
Today i made a overview of BTC/USDT. The first thing i did was setting up the resistant and support levels. The moment the levels were set, I moved on to the second part the overview. Looking for a ch- art pattern. The chart pattern i found was a Descending triangle a bearish pattern. Which had an bearish outbreak. For my prediction i use a parallel line, I set...
I made this analysis to create a clear view on BCHSV. The first thing i did was searching for the support and resistant levels. If you want to find those levels by yourself, you can use the point and figure chart to identify those levels. The Lower is support and the up- per resistant. The second thing i usually do is searching for a trend pattern, in this...
I made this, because i'm learning about technical analysis and want to improve my skills. Don't mind to comment under this post. Remember that i made this post only for educational purposes.