Hello! "Repetition is the mother of wisdom" Weekly chart Bitcoin' has made a breakout from the major down trendline which is a pretty important sign for Bitcoin'. Yesterday, it made very big moves at exchanges where crypto-fiat trading is provided. That happened due to the USDT' crash, but currently, things have settled down and we may do a technical analysis...
Hello, I'm back! Just a little bounce upwards, yes!? :) I said on the last week post: "Soon we could see an explosion". The explosion happened because, on the weekly chart, we were in the crossing area and the price was ready to make a move. We got our move and this move happened today in the morning! (UTC+3). In the bigger picture (daily chart), it smashed all...
The market is full of panic, again! Bitcoin' moved downwards $370 within two hours and altcoins are obviously in the deep red to confirm that move: averagely -8% to -10%. The volume was pretty high, last time when we show that kind of volume were on September 5, then BTC' dropped down from $7,400 to $6,300. The BTC' price made a very strong downwards breakouts...
Hey, my dear followers and other TradingView users! I try to predict the medium-term movement by just a candlestick pattern and with the crossing area! This candlestick pattern is the "Inside bar". The inside bar itself consists of two candles, the first candle has to be bigger than the next one and the second candle range can't reach over the previous candle...
Hello! Welcome to my weekly forecast, if You find it is helpful then do not hesitate to hit the LIKE button! Go... Let's start from the weekly time frame. In the picture above we have a nice curve support line which has held the price through the time. It starts from this year February and now we have touched this multiple times over the last weeks. Previously...
Yesterday was bullish-day and the "Hammer" worked nicely as a bullish pattern. After the bounce upwards the price found a resistance from the trendline which is pulled from the July 24. Several attempts in the lower time frames to break upwards has failed and currently, it has made a healthy little throwback (movement downwards). Healthy, because after impulse...
Hey! Yesterday we got a breakout from the triangle. It was enough that the four-hour candle closes below the trendline, below the EMA's and the movement downwards be able to continue. This was almost a perfect breakout trade, we got a candle close below the triangle trendline and in the one-hour time frame, BTC' price made a retest and bounce-back after it...
Hello followers and other TradingView users! Let's try today a bit differently, firstly You have to hit the LIKE button and after reading You can unlike IF You don't like this complete breakdown or it wasn't helpful! So, let's start - Like...and You can start to read! ;) Monthly chart: On the monthly chart, we could see that there is a significant level around...
Hello! Hopefully, You have a great weekend, I would like to share my thoughts about Bitcoin'! Currently, it trades between the two blue lines. Above is the resistance at $6767 where BTC' has tried to break out several times, one attempt was successful but let's call this a fakeout and the second one is below the current price at $6460 which works as a support....
BTC' price is almost on the same price level as yesterday but we have gathered more information from the current level and currently, those signs are short-term bullish indications. Yesterday, the lowest point was around $6,330 where the price touched the perfect Fibonacci retracement level of 62% and it bounced upwards. After the bullish bounce on the 4h...
Hello followers and other TradingView users! Over the weekend BTC stayed below the strong area (blue line) at $6,767. Eight attempts to break above but all were failed. Since Sept. 6, BTC' trade between the $6,100-$6,500 and in 21. Sept. it made a breakout upwards. Currently, when we had several unsuccessful attempts to break the strong resistance level at...
After we made a breakout from the triangle (watch my last Bitcoin Idea post), Bitcoin' has shown some strength so as the overall crypto market, enjoy Your profits!! ;) It has broken above all the main resistances in this area and now it could possibly make a retracement on the blue area ($6767-$6900) and let's count those criteria: 1. We have historically...
The whole market made a short pump upwards. This was due to the fact that BTC' bounced upwards from my mentioned level at $6250. BTC' move pulled all the altcoins upwards as well and like I said the whole market got enjoy pretty nice bullish momentums. From the technical perspective, currently, Bitcoin trades above the major counter trendline which is pulled...
After a little panic on the market, BCH' testing again the 2018 low point. Around the $400 level is the 2018 low support level and as You see on the chart there is a possible "Double bottom" chart pattern which will indicate that we may see a bounce upwards BUT all is based what BTC' does! If it finds the short-term bottom from the current strong support level...
Over the weekend Bitcoin' moved sideways between the strong areas. Our resistance was the March low at $6533 and our support was the April low at $6425. It breaks downwards from the older counter trendline which is not so remarkable anymore because there are other and newer counter trendlines but still it could be a small sign. The weekly candle closes just below...
Stellar' fights with the round number area and with the area which has been historically a super-strong level to beat! Over the 2 week period it has 19(!!!) failed attempts to break above the mentioned levels and currently, we are trying twentieth times! Positive signs that we can break this: 1. The price is above the minor trendline which is pulled from...
Like You see on the 1h timeframe, today BTC' got a "panic" candle. It got a throwback from the Fibonacci 38% retracement level around $6600 and in the 4h chart, the 100EMA started to work as a resistance. After the drop, the price bounced upwards from the two counter trendlines : one and older is pulled from Sept. 08 and the main/current counter trendline is...
Hello followers and other TradingView users! We have been in this consolidation phase a little bit over 6 days. Currently, the price has drawn to us a "Triangle" pattern and we have a down channel where the price moves downwards. Yesterday we got a small sign that the price may come down and test the lower levels, it made a downwards breakout from the Triangle...