aboucamelia

aboucamelia

Hello 4H SUPPORTS AND RESISTANCES ARE DECISIVE IN DETERMINNG NEXT BTC TREND, BREAKING BELOW the three support lines at 5670, 4442, 3782$ respectively will trigger massive selloffs driving price further down. Holding that range of 5670 to 6200$ gives hope to Bulls for another leg up towards breaking above the only resistance at 6900$ and could eventually spike up...

aboucamelia Updated 

SOME POSSIBLE COMEBACK??

aboucamelia

EMAS 200 IS ONE OF THE STRONGEST LINES THAT INDICATES A TREND CHANGE. IN THE ANALYSIS YOU'LL SEE HOW PRICE BEHAVED FOLLOWING EACH 1D CANDLE BREADOWN OR BREAKTHROUGH AND HOW EACH SIDE WAS TRAPPED. I STILL EXPECT A CORRECTION BEFORE HUNTING THAT 11K. IT'S A NEUTRAL PATTERN THAT COULD BE EITHER BULLISH OR BEARISH THOUGH I'M LEANING TOWARDS A BEARISH SCENARIO...

aboucamelia

Bitcoin chart is acting like late May and early June's price progression with sudden unexpected corrections. So back then Btc corrected hard from 9041 to 7444 in 48h, then it continued its ascension to 2019 High at 14k. Same scenario might happen and could be a hard correction before the bullrun past 11k. If you would like to take a long or short position do it...

aboucamelia

Btc is unstoppable now....

aboucamelia Updated 

If price hits 9400$ progressively a Golden Cross will be formed by which Ema100 will cross above Ema200.A semi Golden Cross has already formed when Ema30 went above Ema50 today. If this scenario fails then we'll head back sub 7k in matter of days. Btc is showing incredible resilience and doesn't show any signs of weakness. Good luck Guys and thank you for the likes.

aboucamelia

A HEAD N SHOULDERS SETUP RECENTLY FORMED INDICATING THAT 2020 WON' T BE AN EXCEPTION AND PRICE MAY DROP HARD. RETESTING DECEMBER LOW AT 6435 IS POSSIBLE, AND A POSSIBLE REVERSAL MIGHT OCCUR TAKING US BACK TO 7300, IF ALL OF THIS HAPPEN, WAIT FOR A BREAKOUT BACK TO 7300, 7350 AND OPEN SHORT POSITION. REMEMBER THAT A PURGE IS NEEDED TO FETCH THAT HEAVY VOLUME....

aboucamelia

Last December marked the crossing of two major EMAS 100 and 200 which usually indicates the inevitable beginning of a beartrend. In other words, when EMA 100 crosses below EMA 200 on 1D it plainly marks a death cross that roughly lasts for months driving the price further down. Luckily with the Halving getting close this theory may not happen at all. Overall it's...

aboucamelia

As the speculation over Btc price pre and post the 2020 Halving continues to gain attention, I thought it would be a great idea to analyse the price movement few weeks before the 2016 halving. Market Makers positioned themselves starting February 2016, price rose about 10% and consolidated for few weeks before pumping to a new 2016 High days before the 9 July...

aboucamelia

Hello everyone I love comparing charts cos it gives much sense to predict price movements on higher Time Frames. Today we'll go back to the 2016 Bitcoin halving and we shall see how price behaved pre and post halving. News of the coming 2016 halving gained much public attention late 2015 and early 2016, however Btc remained on a stable level and didn't show any...

aboucamelia

on the daily, candles are below a death cross which has recently been formed 10 Dec 2019. Historically this happened on 11 june 2018.