Hi all!! Good day! In my previous post , I posted a possible Short opportunity in bitcoin. Any professional trader should have two scenarios to watch: both Bullish and Bearish. So, here's is my alternative scenario which is bullish. And I'm sticking to the same target where I mentioned in my previous posts . Find the Sell Target, Sell Zone and the Stop Loss...
We've seen Bitcoin (BTCUSD) predictions for the future that range from $100 to $1,120 all the way to $1,000,000 and beyond. We would like to be more conservative and use some known tools for a long term Bitcoin prediction... Let's take a look... But before we get started, feel free to hit like now if you want to show us some love and support. We are...
IF BTC sustains above 7800 support then it will go up(reverse head and shoulders pattern). If break 7800 then we can see 7200 and will follow the impluse wave.
Bitcoin remains technically weak in the short-term, with the number one cryptocurrency so far finding weekly support from the $7,400 level. The one-hour time frame is showing that the BTCUSD pair is truly at a crossroad, with both a head and shoulders and inverted head and shoulders patterns now present. The BTCUSD pair can trade in a broad range between the...
#DLT looks something like that has been accumulated heavily in past 20 days by whales coz from the chart it has already completed it's abc corrective pattern and rsi making higher highs indicating for bullish divergence, now completely set to make a blast, it has seen heavy buying 30 days ago but prices simply didn't hold the levels, probably due to growth in...
most likely #WABI has completed the abc correction wave and now ready to take off with new impulse wave, both higher and lower timeframes are indicating for a reversal, meanwhile rsi is also getting higher highs, so most likely we are at the beginning of a major wave 1 in a larger wave. Buy 3600-3800 T1 4000 T2 4600 T3 5100 SL 3300
hey guys as expected we see a heavy sell off after breaking the 8100 level and close below it, i've said earlier that 8100 was a key level and if we close daily candle below it than we could see a heavy dump in prices and as you see we saw a heavy sell off upto 7500 now from the charts wave b has retraced upto 78.6% of wave a and now wave c could extend upto...
BTC trading at support , any wick to 7800 is a catch , but a decisive breakdown (HTF candle close) below 7750 will create PANIC SELLING TILL 72000-7260 , WHICH WILL BE THE FINAL SUPPORT . HAVE TO WAIT & WATCH ANY BOUNCE OR DIVERGENCE (IF THERE) FROM HERE .
Bitcoin has stared the month of June fairly subdued, with bulls so far failing to stop the cryptocurrency moving back under the $8,000 level. However, the bullish pattern on the four-hour time frame still remains in play, with neckline support currently located at the $8,400 level. Overall, the BTCUSD pair needs to move price above the $8,400 level or it risks a...
Hi all Good day! In my previous post , I mentioned Head & Shoulders Pattern was forming. But the pattern was invalidated by breaking the shoulder line. Now we are forming the "Inverse Head & Shoulders Pattern" in the chart. The neck line should be broken to confirm the pattern. As you can see in the chart, the head and shoulders top is used to predict...
ok guys so for now things are really uncertain for Bitcoin, although oscillators are screaming for more bullish movements but some reversal indicators and by elliot wave theory we're likely really close to the top. from the above chart you'll see that bitcoin tried 3 times to break 161.8% level which is around 8170 and succeed in 4th attempt and hit the 200%...
Bitcoin is once again testing towards the $9,000 resistance level after the recent technical pullback found strong buying interest from neckline support. The bullish pattern on the daily time frame still remains in play, which may eventually take the BTCUSD pair above the $12,000 level. Overall, the BTCUSD pair is set to close the month triple-digit gains and...
MFT Mainframe looks completely prepared to take off, currently the only low satoshi altcoin which has not pumped yet. by looking at charts its clear that bottom has formed, you're getting bullish divergence and its getting accumulated from last few days. from here i was expecting the first wave to hit upto 65 sat or higher, and then a deep correction of wave 2...
Bitcoin remains well supported above the $8,700 level after the number one cryptocurrency found interim technical resistance from just below the $9,000 level on Monday. If bulls can break above the $9,000 level the BTCUSD pair offers only limited technical resistance until the $9,600 level. To the downside, a break below the $8,500 level may expose another test of...
btc can touch 9400 then 10k soon if this work.. btc bullish pennant trend continuation pattern forming..