Anyone else see what I'm seeing. Tested the neck line beautifully and now breaking out from flag pattern w/ decent vol; bullish news from BlackRock, Fidelity, etc..
looking for a falling wedge pattern here. Retest this 25k support and then look to 30k range on the breakout. thoughts?
The weekly chart not looking to good for btc. Maxi hear and maybe a good potential to pick up cheaps Sats in a few weeks. The chart shows heavy rejection around 18-18.5K. The measured move is done to around 11-11.5k. The macro environment isn't looking better despite the recent rally. Fed is committed to raising interest rates and most of this is priced into the...
based on the (2) previous patterns, this impulse/flag pattern will move to upside and the pole has predicted the top around 85-90K before returning to test previous resistance as new support. FLoor is now 58-63K.
classic head and shoulders patten on the 1hr chart for BTC. Looking for a dip below 55K and then a strong close to end the month. S2F targets close above 63K. Look for a 10% dip, a great buying opportunity at the end of the week. BTFD
looks like the double form pattern has passed the confirmation point and retraced with a bounce. macd is allowing divergence with a potential crossover to the downside however this showing off momentum is also needed for the pullback to confirm the double bottom. i could see a further pullback to the 37-38k range i previously mentioned in an earlier post and...
not a the bottom yet on the weekly chart. RSI shows support at the 43-45 and correlates w/ previous bottoms back to 2017. OBV is correlating with price action. I down see a divergent signal in the volume. My previous analysis predicted a drawdown to 37-40k area. Still holds true for this cycle. COINBASE: BTCUSD
looks like a fractal/wyckoff coming, expect to drop to 37-38K to flush out retail based on pattern.
Weekly chart view and aligns with daily, previously published. See below. looking for bounce in zone to flush out the weak. Only the strong shall remain. BTFD BTC HODL.
looking back in May, OBV broke support and diverged from price prior to draw down. based on previous chart analysis, we are in the ascending wedge pattern on price action and OBV is flag pennant formation. Would look for a break of this support on OBV to go short and drop down to previous support. good time to go short or BTFD. BTC HODL; BTFD thoughts or...
what does the fractals on the daily chart mean???????
look for some volitility heading into the fall on the weekly chart as BTC test and pushing through ATH.
flashed crashed go breakout/prior resistance point of roughly 3.4K. Good recovery volume today and forming a hammer candle. May take a few days or weeks for traders to shake the dust off but buyers stepped in here at this level.
BTC has confirmed a double bottom, W pattern, on weekly chart and is now in the pull-back after crossing the 42K, roughly, mark. The macd line is above the zero line and about to cross signal line. MACD histogram is about to flip green and cross zero line w/ all three being above the zero line showing bullish signal. RSI is down-trending and ran into...
flag/horizontal congestion over the last several weeks and breakout today. Look for a pullback to resistance to go long with a target of 5K. This is the measured move based on the length of strong uptrend ETH displayed prior to the congestion. A more conservative move would be the length of the rectangle add to the resistance breakout point.
DOTUSD breakout of flag/pennant. Measured move is roughly 65% and alignes perfectly with ATH. MACD is showing positive momentum RSI is entering overbought levels, in trending market on breakout, this is bullish sigh. gonna take profits at target and roll into BTC!!!!
measured move on ETH breakout on above ave volume. target price of 5000-5200k. good time to swing trade ETH now while BTC is hitting resistance at 50K. Will expect a BTC break above resistance in the coming weeks as El Salvador introduces BTC as legal currency and goes live.
Still looking bear for a move lower.