davepop2006

davepop2006

lower price expected

davepop2006 Updated 

price is still in mark down phase.

davepop2006

Sign of weakness on hourly chart

davepop2006

With the volume in the market today i expect the downward trend to continue.

davepop2006

SC is the selling climax after the sell-off on the 17/01/18. AR is the automatic reaction point after the sell-off ST is the second test which creates a spring because the market fails to commit to the downside at that point. NOTE: This was possible because of low selling pressure. Also, note the long bar relative to the volume. Points RT are failed upside...

davepop2006

Little chance because of sell signal on daily chart

davepop2006

REASONS WHY I BELIEVE BTCUSD COULD HIT AROUND $5,772 ON THE DAILY CHART. 1. The cloud is negative meaning lower price is expected into the future. 2. The wide gap also indicate high volatility which is a sign of downward movement. 3. Chinkou span make been making lower low 4. Kinjun - sen have define a clear line of resistance at around $13,200. ...

davepop2006

With price projection of 19%.

davepop2006

Price in sideways move

davepop2006

Expecting pullback at zone j

davepop2006 Updated 

Price is within a price range.Accumulation or distribution is happening at the moment.

davepop2006

expect price to above 14,200 for double bottom formation to be valid

davepop2006

pattern hold only if price do not close below 12,800

davepop2006 Updated 

Look like distribution

davepop2006 Updated 

inside day line chart formation

davepop2006

price can either break up or down at this point

davepop2006

There is indication that the price wants to move higher because of there conservative candle closing at closed range.

davepop2006

I am expecting a pull back or at still price to consolidate for a while.