Looking at the 1 hourly chart it's seems the market is looking bullish also confirmed by the 4 hourly rsi on the chart, support resistance channels looking good too and would be using them as my entry and exits No financial advice, good luck
i see some very interest facts showing up on the charts when i look for confluence to see what direction the market wants to move on btc, im seeing the commodity channel index the momentum indicator and the macd all showing bullish divergence instead of bearish signal you can see i have drawn some lines on the indicators to show what is actually happening inside...
on the daily charts for bitcoin you can see a falling wedge forming and holding support. falling wedges are usually very bullish technical pattern which forms at the bottom of a bearish trend
did btc just do a double bottom? Those who know what i'm indicating, you know what is about to happen. Those who didn't understand, this is the perfect buying opportunity good luck all
keeping this coin on my radars, because the China investors seem to like it i will follow the money lets see where this goes
i dont want o say much but if history rhymes this will be nuts if it actually does hit my target, and it will surly break Planb model
Somebody please correct me if im wrong? i see the elliot wave completion and a new wave starting. this indicates we are about to see some crazy move upwards for btc. im blown away.
keep an eye on these 3 lines the lowest line represents maximum altcoin gains then btc will go parabola if it follows previous patterns from 2013 or 2017 each line will be a support but if we break below it will give more room for altcoins to pump
Looking the the 4 hourly chart on btc and looking at the fractal patterns it sen btc really really wants to test out the 51800 support before we se a lovely rebound towards the upwards resistance
ETH looks like it will not give up until it takes the 2.9k target of the fibs im very bullish i feel if we take the 2.9k, 5k will be round the corner
Cardano has just entered the golden pocket and received support on the 0.618 fib level, no Financial advice but the golden pocket is a fantastic buy zone for an upward trending coin after it has recovered from a significant correction full disclosure i have owned cardano since it was $0.10, i am not trying to pump anything because i planned to hold cardano for...
btc is trying to break past the 20 day ema coloured in green lets hope it can break it and close a daily candle, for now it is facing massive resistance in that zone
interesting how the market is following a longer time trend line aqua colour r i put on my chart, but what is more interesting is if you look at the shorter time frame trend line yellow colour, you will notice the daily ema 20 green 50 white 100 red, you can see how the maketcap is respecting the ema
I was worried we could see this happening, now I'm hoping we can go rack and stay up for tomorrows candle so we can revert the trend
Past few days btc has been trying to hold support on the 100 day EMA, lets hope we do not close a candle below the the line today
Are we seeing a W pattern form on the hourly BTCUSD chart, or are we seeing a bull trap?
Wow we have 2 hammers on the bottom of the current daily trend this is extremely bullish we could see a breakout if this continues