It looks to me that Bitcoin is in the ideal buying zone of this rising channel. Is it time for a push to the top side of the channel again?
I wouldn't be surprised if there's a push within a month or so towards 40k then if rejected from there possibly a fall to test support around 30k. Hoping for the best.
Long term over the next (2-3 years) I feel FTM is probably good investment. This is a very huge probably unnecessary triangle probably better to use major horizontal support and resistance levels and the general condition of the entire crypto market to determine an exit point. Good luck
Many are speculating that Btc.D will continue higher and alts will bleed out more in their alt/btc pairings if bitcoin is to have a relief rally now. However the RSI is over 70 which several times in the past was the sign that a reversal was immanent. Since BTC/USD reached its low of May 27th at approximately 28,200, it has since rallied 14%. A few hours later...
It's possible SPX could have a bounce from the lowest trendline here making it's way up to the highest one.
Here's a trend line that could act as support for BTC at about 26k. A drop to there would definitely increase panic in the market but offer another buying opportunity. The RSI is getting oversold now but that doesn't mean BTC can't still drop lower. Looking to pick up some more BTC at 26k
8,073 Tenset subscribers were eligible for 619,348 Dome tokens each at the presale. at the price of $0.001 per token. Those people had 10% of the allocation unlocked at the token generation event and unlock around, 12,386 Dome tokens per week for the next 40 weeks. Hero token holders who got access to the presale by fulfilling the hero token holding requirements...
After a steady rally for the last week and a half some correcting is taking place but I don't expect downward movement to last much longer. The 1Hr RSI is reaching oversold levels, the stoch RSI is near zero. The price has retraced to the 0.618 fib level, which is generally a great place to be buying on a strong project like this one. The leading competitors to...
This triangle has been in the works for 471 days and the end is approaching. Does a bullish move in ICX/BTC out of this triangle accompany BTC having a large bullish move over the next couple months? We'll see. I am bullish.
Hee's a large cup and handle formation on the ICX/BTC chart, indication the possibility of bullish continuation in the mid term time frame
This is somewhat of speculation at this point. However it is a possible scenario. Thanks for looking.
There's possibility of the this triangle breaking upward away from past support. There's also time to retest the bottom of the triangle first. There's a good chance the support holds and allows price to swiftly jump higher up. It's been forming for over three months now and the measured move is adjusted depending on where a breakout happens. Thanks for looking at...
The BTC.D chart has a simple ascending wedge where the expected drop will be down to near the previous low at about 40%. It has the possibility of leading to the swift activation of an alt season where large gains in alts would be had.
Icon could see a bounce at each of the green lines. A reversal into a bullish cycle depends I think on the overall market conditions surrounding cryptocurrencies and traditional markets. If everything is on the up and up I think holding ICX can be profitable in the next bull cycle. Buying when there's fear in the market and patience helps to build great wealth.
Icx could break out of this descending channel and have a big move upward if bitcoin is making higher highs. If bitcoin falls lower over the coming weeks I would look to to see if ICX tests the mid line of the descending channel, or bottom support of the channel, or even break through and move down to test the .786 fib retracement of the move from Jan 10th to Feb 4th.
I think there could be some bullish price action to somewhat recover the damage done last month. I'm looking for a retest and rejection of the fib .618 level, and filling of the gap at that location, before possible continued downside price action. This would likely be bullish for cryptomarkets during that time also because the cryptocurrency market seems to be...
BULLISH: All it takes is 1 bullish day with a breakout above 50 MA and price likely continues up to next resistance likely around 3000 at 100 & 200 MA. If that happens and it continues higher bitcoin will likely take off higher as well and potentially reach up to around 9000 BEARISH: A breakdown from resistance of the 50 MA could send price down to test prior...
With btc making a statement about it’s value in times of uncertainty in the traditional markets btc will likely start to show that it was created for global economic situations like this: times of uncertainty with assets of the traditional banking system. Btc pumps to test the 200 daily ema, and is likely rejected on its first attempt.