On the Bitcoin Price Chart, we can see that momentum is getting slower and slower. A double top is getting formed as well as an Engulfing Candlestick. All these conditions are a signal of strong sell. I will predict where this future bear trend will end in a future chart.
Context: As I said in my previous Bitcoin TA that went exactly as expected, the Bitcoin price is ranging upward. In this chart, this range is defined by the green range zone. After the pump that I anticipated in my last TA, price is consolidating. Opportunity: After this short consolidation I believe that the price is going to pump to the $6870 resistance before...
Context: Stellar is consolidating and compressing since a long time. The price has now broke his long side-ward resistance and had a shot pull-back on it before continuing a bull trend. Opportunity: There will be an opportunity to buy soon because the market is finishing his consolidation and has crossed this resistance. Confirmation: This signal will be...
Context: Since the beginning of August, the price of Bitcoin is consolidating in a range defined by a key support(green zone). *Note that the bottom of the support zone is defined by the 78.60% fib retracement level of the December 2017 Bull Run. Opportunity: The consolidation can be also seen as an accumulation. This accumulation can lead into drastic price...
Context: The Bitcoin 0.67% price is evolving in an uptrend range. In a range, the price goes up and down between two resistances. In this chart, the range is defined by the green zone. Opportunity: We will have an opportunity to buy because the price is hitting the support of the range. This may cause a bounce toward the resistance of this same range....