This post's Technical Analysis Pinpoints : - Bitcoin cash is in a range bound*. - It is expected to begin an uptrend soon. - RSI is at at 38.3 It didn't start its uptrend yet and might show some dips for the following days. So we put our accumulation buying areas starting from 0.10288 to 0.06757 points. After that we might see a bullish reversal towards the...
If Bitcoin closes above 9267.07 it will confirm a bullish reversal. Still volume needs to go up. Remember the "#weekendeffect" is on hand too. Let's see what come next.
#BTC is now again in bearish trend and back to track to the north. Seems there is still a strong lack of volume for the time being. #StillGotASmallChance
#OMG seems in a good strong support line and ready to break out. This is not an accumulation recommendation. Instead keep an eye on this trade and if you do consider accumulation is a good idea do it partially with a strict stoploss management.
#Btc couldn't break the $11750 resistance level and was hoped to rebouned after getting some energy. But unlike the expectation with the addition of some FUD news outlets and hacking scenario's it breaks both the 61.8% and 50% fib. retracment levels. Now it is trying to setup a support at the 50% level but if it couldn't manage to that it will heading to the 38.2%...
So market cycles are known for almost the years in the history of human beings like nature do have cycles for it self. Everything is in cycles. To put it in simple form "Nature" at all survives by achieveing a cyclical pattern. See day and night, rain, the solar system even our eating process what ever you name it cycles are basic nature of things to exist. And...
As we can see in the last month #BTC attempted to pass but couldn't to achieve to pass the 11,823 area on coinbase. In the last two days, the BTC/USD pair has broken down of the ascending channel. Its next major support area lies around $9115. If this level breaks, a fall towards the $8,412 level is possible, which is the 0.618 Fibonacci retracement levels of the...
Could this be the starting of #BTC's bull run. It happens mostly when higher highs occurs consecutively on the chart. This behavior could be very fast or sometimes slower and gradual. This time our prediction is that it is a gradual one. This is not an accumulation signal.
#TWA is now on trading view to give basic trading and charting introductory tutorials in addition to technical studies. Stay Tuned. With Regards.