While RSI is sailing in oversold area
BTC is repating itself with same pattern.
7050 is a hard resistance
7000-7500 area is a good buy opportunity.
First break out would be till 11400.
Broken 13500 resistance is a black crow with attached note to it's leg saying:
"Winter is over"
keep calm and give your king a like ;)
Use this information only for educational...
Visible break out is on it's way.
But don't wait for a skyrocket movement. 12k$ is a hardrock resistance.
September is going to be a rise month.
I can't say the same about october. Wait for a big correction wave on october.
Correction is not yet completed after the rally to 13.8k$.
Buy 9k$ sell 12k$
apply your price buffers before making orders.
Stay...
Voila!
One last crash is getting ready for noobs.
Because whales are still hungry and they are waiting to eat all you krills with mouth wide open.
The market is not ready for another big bull run yet. Not enough fundamentals around, just hope, hope and more hope that's keeps us in the game.
Eyes are on XAU (gold) while it makes good promising moves last couple...
Why every news are full with rejoice and hope. U people crazy or what.
what happened to the "trend is your friend" thing.
look at 27 Nov. spike from 3600 up till the 4700's. there was no hope then but what happened now everybody is in a pink happines.
Be aware fellows SQZMOM_LB ind. top is almost formed. RSI is oversold. MACD slighlty turns down.
And everybodu...
Do you remember the time when dates was showing 13th of aug. we knew that there was going to be a 5 wave up movement. 5 waves of elliot.
Then was the time for ABC correction (light green) it took so long for c correction wave to come even we doubt about it. We reconsider the chart and looked again if there is a correction wave that we couldn't see. Some of us...
at this chart look at the blue line that bond ATH 2017/12/17 and lower high at 2018/5/5.
THE BLUE LINE isn't touching price movement in this chart again.
But the same line in this TA of mine
touches the price movement at 2018/6/6
while the line that bonds two dots is a straight line, why the same line that bonds same two dots doesn't follow the same way in...
That is totally my opinion but.
I think bears are all done feeding.
An angry bull is waiting inside a cage for rodeo.
MACD is heading upward almost to give a buy signal. (Not yet though)
RSI is at oversold area like it never been before.
Downward fib. resistance fan ray of 0.5 is touched for second time (white rays). It may be crossed a little at about $6000....
Simply visible is that 5th elliott wave is coming forward for BINANCE:XRPBTC .
MACD crossed over at 26th of April.
RSI indicator is also telling us to buy.
With BTC aiming 10200 and altcoin rush continuing for a couple of days more,
the target of 5th elliott wave of BINANCE:XRPBTC is going to be around 12.000 satoshis, as i mentioned with 0.75 fib....
As you can see dear fellows bullflag is visible. Do you see the fibonacci levels that i mention with black lines?
If break out occurs, BINANCE:NEOUSDT is gonna hit 0.75 fib. level that is apprx. 70$ level.
Time to place some positions.
Use the info as educational information.
Trade on your own risk.
King have spoken.
Don't piss me off use your brain!
Don't...
BINANCE:XVGBTC is going to go a little more down till it founds support at 1050 (0.75 fib. level) black line.
I'm not saying it, RSI indicator says so.
If any bull flag occurs after 3-4 days and BINANCE:XVGBTC holds on 1400, you know what dear fellows?
BINANCE:XVGBTC is gonna have a break up right to the 1900.
The +0.75 fib. level.
I see fibonacci levels...
Hello dear traders! As a always say Mr. Fibonacci never lies. After declinig together with blue trendline NEO seems like beeing inside a narrowing triangle.
MACD crossing bla bla bla...
RSI after oversold bla bla bla..
After enough academic conversation i want to give you hungry wolfs some meat.
Yeah behold. brekout in a week is visible,
arrow is aiming 90$...
As you see guy fibonacci never lies,
another dip is just in front of our eyes.
next 2 resistance levels are 7500 and 8100. if we could break them next stop will be 10300. see you there at 10300.
take care...
This is not a trade advice. use it just for educational purposes...
