"I've come to talk with you again Because a vision softly creeping" Magical %14 ... If it repeats again, ready for soft landing.
Bitcoin has been bounced from the bottom of ichi cloud. My targets are 9200 and 9800 then btc will try again to push 10K which is a psychological resistance. If Mt GOX Trustee sells Bitcoin , Somebody buys it thats it... That somebody is buying to gain profit not to lose money... Be smart dont be fool!
Btc could drop to 9200-9500 and then goes on her way. All signals seem powerful.
If you believe this is a bull season for altcoins, then Stratis will go to moon....
We could try again to break the very strong resistance line coming from 20K! Lets watch it!
If bullish season comes back completely and Litecoin could hit my target 670 USD. If this happens I will sell as Charlie Lee did.
Bitcoin could be rejected from the red clouds above as happened before. I hope you put your stop losses well.
This 1h chart shows us a rising wedge and that can shorten BTC for a few days. RSI looks a little overbought at 1h. We are not in bull season yet please do not spread all your money to alt coins!
Look for RSI! Bitcoin is oversold. This may not take us to the moon but could take to 10 K Lets see whats gonna happen.
As I mentioned before , BTC has a strong bear-proof supportline coming from 900s. If Btc breaks it , we will see 5800-6000 and maybe 2900-3200.
-LTC USD IS FORMING INVERSE H&S and ABOUT TO BREAK A STRONG RESSITANCE AT THE SAME POINT -IF LTC completes right shoulder well, price could be higher. -At the same point we have a ressistance (purple line) , I expect it to break that ressistance. -Purple line is important because it is coming from ATH of LTC. It has tried to break it many times. -If both...
*I suppose that some things will happen between 22th of March and 29th of March. *New Scenario is being written by market makers and us. *Look at the FIBONACCI TIME (Blue Vertical Lines) *Green Resistance is a great breakout because it is ATH Resistance Line *Red Support is a great historic bulletproof line because it is has huge strength coming from 900 US...
We have a bearisg flag at 1 hour chart Price must touch the green zone We will see if there is a bounce or not.
*H&S form will drop ETH to the green zone. *By the way green zone is the accumulation zone for me *ETH has a very very low volume *ETH is losing its dominance againist Bitcoin *Ichimoku shows bad things will happen *Unless good news is pumped to the market , I am a kind of shorter of Bitcoin so as ETH.
*March is dangerous. Bear is still alive because : *BTC turned down from rising wedge and I think it will land around 9K-9500K... *Red clouds will keep Bitcoin a little more under it. *Volume is so low. *Bitcoin dominance hit %42 but no flow from outside the Market. *BTC absorbs altcoins ,but it is done money crossing from altcoins. *Bitcoin has eaten its tail...
If Bitcoin lowers from 9000 , It will likely fall down to 8200-8400...
Before this chart , I said : dont buy any altcoins until "confirmed" BTC/11400 or crosses BTC/12000. I hold full bitcoin , I hope you did not buy any altcoins. We witnessed that all altcoins had dumped. Now there is buy oppurtunity for altcoins if that happens: *If Bitcoin touches around 9000 *It bounces from there *Finally crosses 9500 *Then buy altcoins (only...
It is a prediction of Bitcoin by month. As you see , March is a dangerous month for us. Market Cycle works in late spring until late summer. Best Bitcoin Bull months are October and November. I hope this gives a big picture beyond technical analysis. Good days are near but be careful for BTC , It can fall anytime in March.