Ema 50 and Ema 200 averages always ranks first in my investment strategies in daily chart. With the Fed decisions in November, i'm very curious about the bitcoin price direction. I will follow the arrows. This is my own idea, not an investment advice.
Atm token is very close to support of nearly one-year trend. Rsi is oversold. I will look an increase in volume and the power in support level. *not an investment advice.
- Rsi oversold - Ichimoku clouds becoming thinner - Maybe a bear trap? Please share your ideas. - I will follow the volume increase. not investment advice.
not a financial advice or educational study. i just want to follow my own followline.
- Hindenburg Omen signal exists on 22 november and then we saw a sharp fall yesterday. ( The Hindenburg Omen is a technical indicator that was designed to signal the increased probability of a stock market crash) - Although prices have increased Rsi is in a decreasing trend since the beginning of year, - First of all i will follow the support level of schiff...
I see a cup and handle formation on the monthly chart. Gold may want to try these formation targets. And a point to note; Pices move away from the exponential moving average(50) and in my desicion this a little bit negative. It can be weak if it can come cup and handle formation targets. *Not an investment advice
A possible double top formation scenario in weekly chart. - Recent period support is broken. (yellow line) - Rsi is in downtrend. - Far away from 200ema. May want to test main trend support. (red line) I will follow the consolidation zones. *not an investment advice
As far as i can see when the weekly chart trendline support breaks we see a consolidation zone. In weekly chart we have Rsi downtrend from beginning of year. In my desicion it can goes to oversold point and then break up this downtrend. Then i expect to see beautiful days. In addition i see a possible double top formation in my last analysis. Please read this...
The Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to insistent changes in investor feelings and in their thoughts. I wanted to show an example of Elliott Wave theory which is consistent with my previous analysis. Please check them out too. In my desicion there may be bull and bear traps in this...
In my other analyzes i expect continuation of the downtrend in Bitcoin, that's why we may see a Mbox testing low points in my desicion. Mbox may want to try resistances when searching for bottom ends. I draw supports and resistances. *Not an invesment advice
This method has worked very well lately. It's always hard to see the simple. I will continue to follow the support and resistance points of the channels. *not an investment advice. My personal thoughts.
I will be watching my possible cupandhandle pattern support with our fibonacci fans channel support. This is my current strategy. *This is not investment advice, just my personal opinion.
Thanks to the fibonacci fans, I can easily see my support and resistance points and know what to do. I definitely use Rsi and Macd indicators at support and resistance points. As you can see, we are at a very important support point. 49000$ will be the target if we can hold on here. if we can't hold on, our new target will be 32000$. I think Rsi is weak compared...
Fibonacci spirals could show us trend reversal points. I will be watching the trend reversal like the end of February and the beginning of March. This analysis is in line with my other Bitcoin analyses. You can also check them. Not an investment idea. I just wanted to share my opinion. I want to see your comments for development, please share your comments.
Fibonacci spirals could show us trend reversal points. I will be watching the trend reversal in the middle of February and i hope uptrend will start with great momentum. Let's see what is going to happen. Not an investment idea. I just wanted to share my opinion.
I love this analysis. It is created by drawing a trend line between two extreme points. See how well it shows the support and resistance points. Good examples of returning from support yesterday and today. I'll be following the circles. * Not an investment advice.
Fibonacci Circles is another indicator based on the Fibonacci Sequence used in technical analysis. I draw from the turning point of the trend to the top of the trend. Sometimes i can have different drawings, i look at which one is more in line with the trend. Targets in downtrend fibonacci circle supports. Trend supports also coincide with this area. Unless this...
Inverted cup handle formation and also it's very similar to Adam and Eve formation. I think both are bearish formations. I think the downtrend in rsi supports my view. You can see the recent drop in my previous ethereum analysis. Please check it. This is not investment advice, just my personal opinions.