Just check out the repeating pattern being formed! History shows us the way!
Here the parallel channel describes the accumulation zone as well as heavy resistance and support. We are currently now retesting the support and we might see a shoot up! Watch out for LTC to breakout in a few days (4-7).
Here BTCUSD seems to form a big reverse head and shoulder formation which is a bullish sign. Target for the trade will be $13600. Enter long from here. I've also identified a cup and handle formation on my previous post. Do check that out too. Thanks
The chart depicts it all (plus we have consensus week).
Here there may be a good chance of a cup and handle formation which is a bullish pattern. If BTC follows this which i think 75% it would, we might see a bottom at $8200ish and then a reversal to straight $13500 levels.
Be happy, BTC successfully defended $9000 and now we have confirmed uptrend, BTC is expected to go to $10800 within 2 days.
If BTC breaks up, watch out for this killer OMG trying to reach ATH
Expect BTC to follow the arrows marked for the next few hours/days. I believe BTC will break the $10,000 level by 2 days
After analysing LTC on a daily scale, i expect LTC to moon with a big upmove, mark my words 'Big Upmove'.
Hey guys here we are looking at an asymetrical pennant in the formation. Looking at both fundamnetals and technical side and the emotional tone in gereral, expect a full blown rally on 6th or 7th may. Happy trading!
Here after checking the BTC scenario, it is contained! It will probably shoot up or go lower fast
BTC has seen a tremendous gain in the past few days. Coming to $9450 BTC completes an important breach of resistance levels. Now in order to maintain this healthy rally, BTC should now correct till $8500 levels
I have marked 2 different scenarios. Really difficult to tell right now
Our TA suggests bears are going to takeover BTC and push it down to $8200 levels BUT there have been a lot of bear traps out there lately, i suggest you to carefully watch the market and see how it goes. Personally, i think we need some kind of retracement now that we have seen such magnificant gains
For BTCUSD, things are going pretty well for the past few days. BTC broke the major resistance line, went all way to $9000 and now back at $8800 levels, however an ascending wedge is recognised which may push BTC down to $8000 levels. BUT beware a bear trap maybe in play as witnessed many times earlier
The time is now! Buy PPT now or in about 2 hours BEWARE - Its a pennant formation and a lot depends upon price movement of BTC. It can either break up or down, but the chances of upward breakout are more (70%) Check out all my previous ideas and see my accuracy levels. :D Do like and follow me to keep yourself updated.
Analyzing BTC, i see a clear bullish pennant formation now. I hope you all have been benefitting from my accurate analysis now :) I expect BTC to breakout once again to $8500 levels in max 2 days. Its better to buy into BTC right now as whales are in play. Check out all my previous ideas and see my accuracy levels. :D Do like and follow me to keep yourself updated.