This is not the bitfinex chart. I don't trade on bitfinex - different volume profiles. We won't break $5800 this month Top for december January- Feb $5200 Check previous analysis. All my top (ceiling) predictions were very very very close. Fibonacci for gauging ratios. Volume profile for accuracy. $8200 $7500 $6500 $5200 floor (for now) golden ratio 61.80%
yeah bullboyz short it. look at the ema 55 and ma 200
yeah... breakout + shortsqueeze in a few hours. So many shorts are gonna get rekt... check open positions on coinfarm. 63.86 % SHORT -14,773,568 USD hahaha at least I warned ya
High probability rejection at $7500, next month. previous analysis
$8200 will be make or break. High volume node at $8200 (38.20%) Fib retrace. Also happens to be a Point of control. Expecting heavy resistance just be prepared for that.
My style revolves around volumes at a certain price level. Price that the markets accept or reject displayed by volume profiles. I've been trading PXS now known as NPXS since ICO. The median price is around $0.00935 Click on the link to see the volumes traded a specific price. bitgur.com -Price is above Point of control and it will very very likely stay...
EOS-USDT is consolidating without the within ascending triangle. A leptokurtic profile is slowly maturing. Breakout is imminent. Leptokurtic profiles will get narrower over time, which will act a support.
Zilliqa is moving towards a critical breakout point (zil/btc - zil/eth) doesn't matter. However the chances of zilliqa breaking -through the point of control -through the ascending wedge and make new highs are ultimately determined by BTC 0.66% . Right now BTC 0.66% is stuck within a trading range and facing resistance from the kijun-sen 30 day moving...
Lets assume there are composite operators in the bitcoin space. We had a spring at $6763 - check We had a accumulation range - check We had a breakout - check RSI + MFI need momentum reset - which indicate that a throwback could potentially happen. But a pull back to reset the momentum will happen.
Don't take this as financial advice - Just a observation.
Wyckoff schematic 3 BTC - USD I'm trained as a hardsurface modeller. I have a tendency to remember anything graphical better then the average chartist. That doesn't imply that I have a full understanding what I'm looking at. Your comments are welcome.
I've come to the conclusion that Technical analysis for altcoins such as ONT 0.91% , WAN, ICX is highly unreliable and outright dangerous if Bitcoin 1.18% remains extremely volatile. Before you start blasting me. Hear me out. ONT 0.91% was obviously bullish I agree with you, 2 bullish divergences + 2 bullflags. But yet, still failed to break out and moved the...
Major support level at $5700 - if it doesn't hold next major support level at $4200 I'm tethered up. There is evidence to SUGGEST <--- that bitcoin price is being surpressed by >?< I'm waiting for $5700 www.zerohedge.com The overal market sentiment is bearish. Any uptrend could be a stop hunt. Be carefull.