The last 1-5 waves are probably way off by measurements IF it happens but I count this as a viable count for Elliot Waves based on current data and a very possible direction to go.
There is a lot of FUD spreading like a wildfire in the crypto-community and it looks like the golden days of Bitcoin will not be coming back anytime soon. But it is not going to remain the same for long as Mt. Gox might sell off their remaining Bitcoin in the month of September. According to CoinMarketCap, Bitcoin is currently valued at $8736 and the market...
This is my opinion of today's situation on crypto markets.
Hi Cryptianz, As per our Previous Technical Analysis BTC was in bearish market & still in... We personally given info for our team as to stop trading since the market more volatile on both the sides... Few Whales are trying to put it on right track & few whales are trying to accumulate more in cheaper Price... Strong Support Level : $8350 Still the market is...
In this idea, I delineate some ranges for a leg up if this ABC pattern in which we currently are closes with a bullish double bottom.
Short BTCUSD below 9150 T1: 8650 T2: 8500 T3: 8200 SL: 9452
bitcoin crossed the rising wedge some days behind but the binance bad news again the chart created the bearish trend but now btc stable and holded stron at level 9k and rised more then 400$ from the support level with strong buy waiting to cross the again bearish wedge to rising wedge.
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD bullish abcd on ascending triangle... A continuation pattern.. Inside a falling channel Disclaimer... this is not an investment advice,personally not trading and not investing
Look for the support lines and resistances that exist in the chart above.
descending triangle on the back of huge supply on a consistent basis on the weis wave..! Time to be careful, although not taking trade....
BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD Rationale for entry.. The reversal from the falling wedge on good volumes , The 5/13 dema cross on the uptrend, The RSi in the oversold zone And finally the Bryce Gilmore classic butterfly with an uncommon AB=CD pattern doing reversal from the PRZ on the back of good volumes... In short, a feast! Take profit is...
btc stoped rising because of symetrical tringle loss almost 11% in price action nexT STEP NEAR TO 9200 SUPPORT
Reversal expected n BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD COINFLOOR:BTCUSD Reversal expected now Rationale 1.Potential reversal zone matches with lower margin of cloud 2.demand shortage started on weis wave 3.guts n blood
COINBASE:BTCUSD BITSTAMP:BTCUSD BITFINEX:BTCUSD OKCOIN:BTCUSD A bearish gartley on the back of a bullish momentum price divergence.. This is a good opportunity to trade..., may trigger a breakout, although the bulls are too weak for the bears in the short term
Hi Cryptianz, We are seeing that BTC has started its bullish trend and having their strong support levels above $10500... There will be always a Pullback in Bullish Trends that's what we are seeing now... We need huge volume to make it more bullish after this pullback we may see $12250-$12500 in few trading sessions. This pullback is expected upto $10860 if...
The rising wedge pattern is playing out. The upper trendline on the log scale has been tested. I expect to see a retracement toward the Kijun / Cloud support which coincides with 0.382 fib retracement level.
BITFINEX:BTCUSD BITSTAMP:BTCUSD COINBASE:BTCUSD A bearish deep crab in formation... Potential target in the prz...