Potential move to 3.5 USD or to 0.3 USD based on Symetrical Triangle.
We are still bullish: 1. The trend is intact. 2. The weekly gave us a dragonfly doji followed by a very bullish weekly candle. 3. The monthly is still bullish. 4. In the 4 hours chart we made a Golden Cross. 5. There's a huge V Reversal
This chart shows the price of bitcoin and shows different points of interest related to the price and marketcap of tether. Also I put RSI because I found intresting that the most of the times where the "Printing of tether" occurs start after the daily RSI is overbought and starts droping followed by a crash untill the price is oversold. Note that since the ATH the...
Gann Square: 1. We hit the 3rd arc, and will attempt to pass through it this year and part of the next possibly. 2. In april it will pass through the second vertical line, look at what happened when it crossed the first one. 3. We are still above the 1x1 line. 4. The next big rally will start after breaking the 3rd arc. Fibonacci Timezones: 1. The last blue one,...
Broke a simetrical triangle, may reach 270 USD.
1. Retraced 61.8% 2. Touched long term support line. 3. Touched dotted support line given by last TD Short Setup. 4. Touched MA 200. 5. RSI at 30. 6. Already tested an old ATH at 7.6 and is holding above it. Today we have to buy the dip. (too bad I have no money to buy more) :D
Facts: +Zcash is one of the handful of cryptos that have a professional development team. +Zcash market cap is 1.5bn, with a huge potential. +Zcash is the pioneer using Zero-Knownledge cryptography (Bitcoin has plans to work with it in the future). The 1D Chart: +Broke 100 MA. +DMI above 25, which means that it's trending up. +MACD shows upward movement. +RSI...
Bitcoin seems to be in a symetrical triangle. While it's in the triangle since I bought the dip I'll just HODL, but if you are in $$$, wait for the break up and watch for the previous high. If it breaks down and goes below 12500, it may go to 9000 where we have the next uptrend and 0.618 fib; but that DIP if it happens. Good luck!
I think that BTC wants to retest previous resistance below 10k. I hope it does, because I think it will be a golden oportunity to buy the dip and don't look back if it manages to continue the bull trend. I think 8.5k+ would be a very healthy pullback, the lowest I can see it is 5k but I highly doubt that it will go that far. So, buy the dip if it gives us one. Good luck.
The comments are in the chart. I started shorting, a small part.
Bitcoin and Litecoin forming a bearish gartley. But it broke the trendline... anyways, be careful. I would take some profits and reenter if it break 15200 strongly.
I would take profits and wait. If it breaks 5 and then ATH I may consider to re-enter. If it starts going down...