First time analyzing BTC with this method, if current levels dont hold then we're going to phase D.
check rsi and macd to check price action for following levels
Hi all, This is my bullish view on BTCUSD, if you count the last time we went out of the channel as start of the that big pump that went to aprox. 20k then 6k is the 0.618 fib retracement. I'm bullish because this is a important buy zone for traders, after this dump we got a double top with almost 18% decline (absolutely normal, finvids.com ; see adam and eve...
Ven is in a rising wedge (bearish), chances of breakdown are quite big + we're at the top of the pennant meaning we need to bounce to the below of the pennant, breakout should be after the bounce + you've heard it (buy the rumor, sell the news).. but it's VEN, you never know.
There is a beautiful rising wedge forming, if you love money you gotta short this perfect beauty.
If it follows the short term trend you could go long till the next resistance, close it and review the next move
With BTC hitting ATH after ATH and the war between BTC and BCC/BCH this is a perfect moment to collect some BCC/BCH because when BTC corrects, the possibilty of money running from BTC to BCC/BCH is high. There is a downtrend happening but also a huge wall at 0.15, if that wall survives the down trend i see an upward movement that breaks the current trend. This is...