hello guys, in my last analysis I already told you guys to exit from btc market if it broke major trend line support now we can easily see that big red candle breaks the major trend line it means bears and dominating now bitcoin chart showing full bearish moments right now it breaks that major trend line which is not good sign for bitcoin at the moment it can...
Head and Shoulders pattern. If it breaks below $13 - $12.5, then can slide all the way till $7- $8 ...before finding support or news to come up. There are chances that it can make a bottom at $13 level and change trend by 2nd Feb or 3rd Feb 2018. Look at my prediction for BTCUSD during Dec'17...when whole world was dreaming high :)
BTC Weekly Chart Drops past 30 week EMA. Daily Chart (not displayed) Drops past 200 day EMA Next major support at 5000-5500 levels.
I am observing every resistance and at every resistance we are having drops..so we cant take out 10k level..price can go up to 10.3k and then can drop to 8.5k then if 8k exposes and cant sustain we can see 5k then end of bear market ...if 8k acted strong then u can see 14k..and from 14k too we have strong resistance which can drop price to 10-8k max...i am bullish...
Elliot Oscillators to help with day trading
BTC at long Term support line.... Hopefully a good support.
For better understanding I have marked resistance lines in Blue color while the Support lines in Yellow color. Currently we need to see how the resistance and support holds My expectation is if it created double top then it has to break the Support line.
Please find the updated chart analysis of Bitcoin, I am still bearish on bitcoin until the CME futures expiry on 26th Jan. Lets see how BTC wants to break out bullish or bearish. But considering the Total Market Cap and Bitcoin dominance I dont see any huge volume for Bitcoin to be bullish. PS: I am not your financial advisor and these analysis is only for...
BTC brokeout the support line which was marked in Yellow color should see now how the resistance and support line in white color will hold
Due the crash of total crypto market, this coin is dropeed to 420 Satoshi, it is now increases to 560 with in 2 days, The technical indicator Ichimuku Cloud says, the is almost above the cloud, Rsi line above 40 so there is a lot of chance that the price should hit the 650-720 in upcoming 3-4 Days.
28-Dec-2017_Bitcoin_Sell BITSTAMP:BTCUSD
BTC spot at 11257, potentially forming series of lower high, it’s highly expected as it test 13K figure, come back down up to 8200/- and if breaks 13K and followed 15k, it would potentially confirm bullish flag, expected to break 24K also. Take your decision wisely.
Exchange : BITFINX Time Frame : 4hr Analysis : 1. Momentum is Increasing with decrease in price, Expect a Sudden Jump! 2. Strong Support Levels around USD 11950 Take Profit! 1. Buy Around : 11950, accumulate till 11500 ----a. Buying Strategy -------a1. invest 30% capital around 11950 -------a2. invest next 30% capital around 11600 -------a3. invest...