UnknownUnicorn1824771

UnknownUnicorn1824771

In our earlier update on the 12/04 we stated that BTC will fail to break our downtrend line (in pink). We also stated if this happened (which it did) that our next obstacle would be the huge wall of resistance at 8.2k. Exactly, this occured and we pulled down significantly from this level. Now its time to move on, that is the past. Where are we now Cryptofelix...

UnknownUnicorn1824771

Guys, just a quick update on one of my favourite coins and that is exactly LTC! It has been in a consolidation phase while our other hold coins such as XRP and NEO boomed. So what is going on ? LTC has been consistently knocked off its throne by the downtrend line, which has acted as a very crucial resistance since 360$. Never the less, we have seen signs of hope...

UnknownUnicorn1824771

First off, XRP has been performing very well since the 09/04 and this recovery was well needed. Im receiving a lot of people messaging me saying should i buy XRP ? Im pro XRP in the long run, i hold a ton of XRP and it lies in my best interest that the price of XRP increases. However, the reality is its probably not the best time to buy XRP yet until we receive...

UnknownUnicorn1824771

Earlier on in the week, we had been bearish on BTC and suggested that a rebound down to 6500$ could be imminent. Never the less, a lot has happened since then - Our stop loss for our short position, which we had accumulated in ladder style (shorted some at 6700 and at 6800$ has been taken out (HIT). Never the less, we did not short the full amount we had expected...

UnknownUnicorn1824771

Guys, apologies about the messy chart, but this is just an update from a previous idea. We have been shorting in increments as price has risen from the 6700 region. We have shorted 20% at 6700,and another 20% will be shorted at 6800 and 6900 etc. Now, the reversal point to the downside could even occur at as low as 6850 - we have to stay alert. Follow our...

UnknownUnicorn1824771

Bitcoin is down nearly 7.5% since 9:00 A.M. (UTC), with a trading volume around $4.5 billion. The price action this morning is another confirmation of the falling wedge, which will reach a pivotal price point around $5800-5900 region (See Chart Below), we have been studying for the past few weeks. Another major indicator that the economic elite have now entered...

UnknownUnicorn1824771

We are in a strong support zone around 6700$, and BTC has consistently bounced off the blue line, which has acted as a long term support at 6000 and 5789$. But, please expect price to shoot down again once a break of 7k is attempted. Longer term i expect a decline to 6k as btc works in the channel. Moreover, just looking at RSI we can see that a huge rejection...

UnknownUnicorn1824771

The next uptrendline from the bottom at 162$ (august 2015). The squeeze at 100$ is not taken into account. If we combine it with a downtrend line from 19891$, then we have another triangle there. ------------- After making some drawings i got this: June 2017 - the peak at 3003$ September 2017 - the bottom at 2980$ We cross these two events with our triangle...

UnknownUnicorn1824771

Hi, guys! BTC has tested the trendline which has acted as support for such a long time. Now, it could pick out two paths - it could face rejection at current price (7000usd) as there is a huge resistance around this zone or it could even rise to as high as 7.5 before being rejected. After this excpected decline, our first target will be 6.5k and our second target...

UnknownUnicorn1824771

Targets @ 520, 700, 880 and so on. SL - 320$

UnknownUnicorn1824771

Please see analysis above.

UnknownUnicorn1824771

Guys, im back with my regular analysis.

UnknownUnicorn1824771

So what can we see happening to BTC here? BTC has created a double top formation at around 11.2k, it has failed to break this target twice as there is huge pressure from sellers at this price. We expect a minor decline down to 10.8k as we don't feel it'll follow the double top formation and break under this price. We could also end today on a high and break above...

UnknownUnicorn1824771

Highly undervalued coin.

UnknownUnicorn1824771

Bitcoin formed head and shoulders, in line with my other analysis..... decline to 7k.

UnknownUnicorn1824771 Updated 

thats it.

UnknownUnicorn1824771

If we somehow edge above the psychological level of 1$ before the next 4hr candle opens at 4am, then please expect XRP to move to 1.35$, which is the next resistance. However, after 4am, if the candle that opens is a bullish one then the bears have clearly lost the battle as price consistency seems to be declining at this levels due to bears coming into the market...

UnknownUnicorn1824771

more analysis coinciding with my previous analysis.