


davelunlun
Refer to 4 hourly chart, bullish divergence occurred - it's a sign of reversal pattern. Strong support in the range from USD 4,000 to USD 4,300, as USD 4,195 = EMA 200 weeks, and USD 4,300 = 0.786 Fibonacci Retracement level. In addition, the said support range is converging to the " all time uptrend line - refer to Steve, Crypto Crew University ". RSI daily...
Target drop to ($4,600 - $4,000) price range.
I am looking at Break to the Upside on 15th of November 2018 . If rejected on Target 1, Target 2 will be the following target after the rejection. "Calm Before the STORM".
I am expecting BTC price break to the upside with volume and break through the EMA 21 Days. Simply because of the current Global Stock Market situation.
Confirmation of the release of ReddID in the coming September 2018 will be given a huge attraction to all users of Facebook, Youtube, etc. around the world. This is the time where we shall accumulate more Reddcoin. This project will not disappoint us as long term holders.
Strong Resistances in the Area (USD 6,750 - USD 6,850): - EMA 50 days. - MA 500 days. - Major down trend line (white line). Supports: - USD 6,250. - USD 6,100 (Neckline - purple line). Potential TWO bearish patterns formation: - Rising Wedge. - Head & Shoulders pattern.
BTC/USD just retraced to 0.786 Fib. level (~ $ 6,350). Strong Support from MA 500 days (~ $ 6,550). RSI reaching oversold territory, and Stoch RSI shown bear momentum very weak. If the Elliot Wave count correct. Primary Wave 2 shall be ended, and bounce back will expected very soon. This count only valid if BTC/USD stay above $ 6,350.
Just broke down MA 500. This could just in the mid of Denial Stage to Panic Stage.
RSI shown the lowest level at all time. RDD has potential to move up exponentially with RDD ID release in the coming September.
Strong Support converging in between MA 50 days and Fibonacci Level 0.618 ~ $ 6,840. RSI shown support on 40 level. Stoch RSI shown Bearish momentum very exhausted. Target BTC/USD for short term remains Bullish, and expects final wave (Wave 5) of primary Wave 1 will be hitting ~ $ 8,900 by end of August 2018.
XZC 1Day Chart RSI shown all time OVERSOLD in last month and starting to move higher now. We will likely to see double bottom for XZC/BTC 1Day Chart, and it must break EMA 20 and upwards decisively to confirm the double bottom pattern. Short Term target (within a month, probably within a week) = 300000 Satoshi. This could be a Buy Signal.
BTC price must bounce off from this point, otherwise there will be repeating price drop (bear market continues). BTC price movement must avoid big sell off and avoid to drop below EMA 55 days.
Resistance: Converging in between 0.618 Fib. level with MA 200 days. (~ $8,400). Support: Converging in between 0.5 Fib. level with EMA 200 days. (~ $7,880). Breaking either up or down will expect a significant movement for BTC/USD.
Resistance: EMA 20 = 58 Satoshi (1Day Chart). Likely we will see the mid term target to 150 Satoshi for BITB/BTC.
Keep in monitoring + buying signal.
RSI and 1D chart shown sign of Reversal. RSI shown BITB oversold. This could be a Buy Signal.
Target 1: $ 6,150 Target 2: $ 8,000 Resistance: $ 6,784 Support: $ 6,000
If the BTC price drop below MA 500 (approximately 6,020 usd/btc) for 1 day chart, BTC will be going into Despair stage, this is the stage whereby we should accumulate BTC (ladder buy) as much as we can. Great opportunity!!!