Hello, my dear followers and the other TV users! At first, I will try to give You a little bit bigger picture and in the update section, I will continue with the shorter timeframes! At the moment BTC shows us some bullish signs and some bearish signs and we step between those important levels. Let's start from bearish signs: 1. We had yesterday two types of...
A couple of days ago we had a massive move upwards (correction)! The day ends with an Engulfing candlestick pattern and closes above THE MAIN BIG TRENDLINE sine 17.12.2017 which means we broke the main down-trend at the moment! Right now the BTC price forms a continuation pattern - "Bull Flag" . Bull Flag is supported by EMA's and a resistance area which...
Some decent price action criteria's is on the place and assuming that BTC could be bullish some hour's day's then why not to take a shot from here :) 1. Resistance becomes a support 2. Fibo bounce from 62% 3. Daily candle closes above the main support area! 4. ABC pullbacks are the same length I try to keep You updated about TP/SL!
Nice bounce from a curve support and now forms a bullish flag on 4h timeframe! Entry zone is this green box and SL and three targets zones are on the picture! More confirmations are coming into the update section below! Good luck!
Lisk shows us a very nice short-term reversal point! LISK crossing area consist of: 1. Strong support/resistance 2. Historically strong trendline 3. Round number 800... 4. Fibonacci extension 141% So if we get the bounce from here then sell around 9-18% I tell when to sell and when to sell when to trade turns against us! This is tehnically a good setup and I...
Hello! Yesterday I made a little bit bigger view for this that we have to touch the $5k for some reasons! If You want to know what those reasons are then please go and check this out on my profile! But today I continue to do the short-term updates and trying to read the chart just from price action perspective! At the moment is there so much mixed signs if the...
Hello followers and other TradingView (TV) users! Looks like all TV TOP authors make a bullish and $20k+ forecast for BTC! I have to admit that I definitely don't see Bitcoin price $20k in this year! But, but we could see some bull run when we have taken out some lower levels! If Bitcoin want's to go to the all-time high (ATH) then it must gain again the people...
Goooood morning! BTC made the lowest low since November 2017 . The drop was very quick but luckily I managed to inform right on the time that BTC shows us bearish criterium and sell your alts (because of altcoins follow up with BTC). Now, when we are taken out the two low points in one day 06.02.2018 low $6000 and 13.06.2017 low $6107 the daily candle close...
Here is an example from a live action! You can see the green box we don't have a candle close inside this area at the moment! So, that means we have a very strong area what we dealing right now! Up and down, strong candles smash this with a full break below and full break above! This "full candle breaks" means that we need a very strong power from...
Hello! I start my EDUCATION Lessons with a "Bull Flag" chart pattern! A flag pattern is a trend continuation pattern, appropriately named after it’s visual similarity to a flag on a flagpole. A “flag” is composed of an explosive strong price move that forms the flagpole, followed by an orderly and diagonally symmetrical pullback, which forms the flag. When the...
Good morning! Almost 3-4 days we have seen BTC sideways movements, little exceptions here and there! But if we move sideways it doesn't mean that we don't break or don't see some price action patterns. Yesterday we break one significant support - curve support, this is for us a little bearish confirmation. 4 hours ago we got also another bearish confirmation when...
Nice price action criteria's in the right places and we are ready to go! Breakout from down-trend, retest and NICE continuation pattern "ascending triangle" Good luck, Regards!
Good morning! BTC yesterday's candle closes above the magic $6666 which is a good sign but at the moment we have broken down this level and retest again this red curve support line! If we want to be bullish here then we have to find nice support bounce from $6500-$6560! In this level, we have so much retest touches! We retest the curve support, the trendline...
We have here some solid price action criteria's which indicates a price reversal! *Engulfing pattern *Trendline bounce *Support bounce *Fibo 161% Good luck!
Over the weekend, BTC was moving sideways around $6500 We had a minor downwards channel with a small breakout late on June 16th. The price has bounced/retested it several times, but we lack enough buyers and sellers for any decisive moves (looks like weekends are similar lately). Over the weekend price has 'drawn' a Triangle pattern. It means soon something...
Yesterday I said that Candle close above $6500 would confirm bullish price action! - and the 7th attempt was successful to break this level in the 1h chart! After the breakout whales push the price back down to $6320 level to sort out tight stop traders and then price quickly pops up our mentioned resistance which was $6650. At the moment we could see on the...
Three strong price action criteria's in one price level indicates for a bounce upwards! Trendline & role reversal crossing area + fibonacci decent retracement level! Good luck
"Level @ $6450-$6500, if we break this then we have bearish confirmation and probably the next support would be $6200-$6300" as we said yesterday, we got our break confirmation and also we got our bounce back up from $6200 support level! At the moment BTC makes some squeeze upwards and right now price fighting whit resistance level $7500! We had there several...