It appears that a bullish fractal is beginning to form. Fractal one (Past): ibb.co This is the first fractal in daily candles. Fractal two (Present): ibb.co This is the second fractal in 4-hour candles. Where we are in fractal one: ibb.co What happened after in the past fractal: ibb.co If fractal two mimics fractal one than we can expect a fast move...
This article is mainly for the purpose of being an "trade diary", so that I can view my past mistakes or good calls and learn from them. XRP/BTC is currently testing a critical support level that turned out to be very fruitful in the past. At the time of this writing the depth of the sell side of XRP/BTC is absurdly strong. There is no buy support below...
An ascending wedge, which is a bearish pattern, began forming on December 15, 2018 and is going to break out at the latest on January 8, 2019. Expect an increase in volume in the coming days. Whether it's to the upside or downside no one really knows. BE CAREFUL. I've been hearing and seeing many people expecting the prices to go back to $3,000~ and even as low...
Here are three possible paths I think BTC can take in 2018. I give the green line a 45% chance of happening, the red line 35%, and the yellow line 20%. www.tradingview.com
These rough predictions are made by examining what happened to BTC/USD in 2017. However, 2018 is a different year and may not follow the previous trend. In my opinion, I think that it will follow a similar trend line with a few surprises. There are many other reasons why I don't think we will be in a bear market for much longer. An important one that people...