Hey Folks, BTC continues to drop as predicted here. BTCUSDT is heading towards 5478 and next stop will be between 5040 and 4971 (Binance price). The overall area coincides with strong price action support of Sept-Nov 2017. I have marked it in a green rectangle. Expect a minor relief rally to 6xxx range there. The targets for the rally will be updates...
Hello Friends, I will keep this simple. If you have seen my previous chart on Bitcoin ( BTC ) on daily frame, the path is clearly downward. (Ref: We all know, when BTC goes down it takes everything else down with it, a major reason why ETHUSD will likely fall apart from the weakness visible in its chart. The ETHBTC chart however shows further signs of...
Hello Friends, Here comes my third and final chart for the day. This is yet another simple yet informative chart for you on the daily frame with explanation of what the chart shows. If you have seen my previous chart on Bitcoin ( BTC ) on daily frame, the path is clearly downward. (Ref: ) We all know, when BTC goes down it takes everything else down with...
Hello Friends! After having seen numerous BTCUSD charts, I am unsure why no top author told you about the ULTRA-IMPORTANT MA 200 on a daily chart which has been capping BTC growth since March 2018. To keep things simple, I have made this chart using MA 20 (blue), MA 50 (black) and MA 200 (red), Fibonacci retracement levels, previous price action support levels...