Crytpocurrency
BITCOIN MAY FILL YOUR LONGS Bitcoin has formed this Lower High/Low structure the past few days. Seeing weaker bounces as well as money most likely starting to flow into alts.Until a break and a higher high, I see us testing lower supports in the mid term.Thanks be sure to show some support :))
Twitter- cryptophenom1
BTC – 30 days accumulation than 13 days to $20KHi Guys!
We spotted the recent cycles of BTC growth and accumulation phases.
It looks like we are at the beginning of another accumulation phase .
It should take around 30 days .
Another 13 days we should see a bull rally to around $20K .
Right now the good idea is to sell BTC and operate on altcoins.
Within the upcoming weeks, we should see an interesting price level.
This will be a good idea to re-buy.
We should see levels such as ~$9000
We are coming soon with altcoins profitable investment possibilities.
The good is coming!
Don’t miss out .
Let us know in the comment section what you invested in.
Thank you for reading and your time.
Hit a like to support.
Massive Hugs!
WBM Team
Xlm 2 more counts.count 1 of 2
extended 3rd wave scenario w/ and complex sub-wave 2 structure
Previous set up was beautiful but alt szn has not started yet and btc is still dragging them around from correlation.
Lets get complex and learn!
Ill update a thread with intra-day trade on my twitter in tv bio
ETHUSD $360.00 topEthereum has started to reverse from the $360.00 level after following higher and surging to its highest level in over eighteen months. It maybe to early to call a top in the ETHUSD pair as a bullish pattern with a target of $490.00 is still in progress. Sellers need to move the ETHUSD pair under the $310.00 support level to encourage short-term sellers back into the game.
The ETHUSD pair is bullish while trading above the $300.00 level, key resistance is found at the $320.00 and $325.00 levels.
If the ETHUSD pair trades below the $300.00 level, key support is found at the $290.00 and $280.00 levels.
Bsv if break the top can be a trap!Hey traders, be careful with BSv, the move is not powerful and can make one more low to complete a bigger pattern.
I update you if something new happens!
Loss of Momentum and double top, a reversal is comingBTCUSD Has slown down after hitting resistance twice, and volume is dropping fast too.
The MACD death cross would seem to indicate the uptrend is over and a reversal is about to happen.
The loss of momentum also would indicate that.
I expect BTCUSD to drop below the previous support line and hit the Senkou Span B, a breakout is posible if bearish sentiment continues.
Bearish news could make matters worse, like the possible restriction of Binance for US Customers one of the most important Crypto groups in the world.
I will move most of my position into Tether and try to buy BTCUSD at a lower price.
There is a possibility for the beginning of an uptrend in WTCETHTechnical analysis:
. Walton/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0084 to 0.0069). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0084)
Ending of entry zone (0.0069)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
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ETHUSD Short to 160, before rally to high 300sETHs price activity since mid December 2018 has signified a break from the major downtrend we saw off of ETHs ATH and subsequent rapid depreciation. ETH has since then enjoyed a very strong uptrend with growing volume and bullish price activity. Now I believe ETH is set-up to show a repeat of the bullish activity in spring to early summer of 2017, which ETH saw rapid price growth to levels of $400+, but with this bullishness came volatility and after setting a new high ETH came down multiple times under 200.
Watching ETH get set-up for some long term growth and momentum, and the resistance it is running into as seen on the ichimoku cloud, I expect us to see a continued decline in buy volume until ETH goes below 150. After this point, I think we could see a rally from November onwards to the $400 price levels.
Watch for ETH to continue to decline along the edge of the Ichimoku cloud on the weekly chart. I believe now is an optimum time to for me to enter into a short position with a target of $160 or less.
This is not investment advice, you are responsible for your own investment decisions.
Happy trading!
BTC – this is just a correction! Nearly 300% in 3 months.Hi Guys!
Don’t listen to people who say this is the end , BTC is heading to $1000 or to $100.
This didn’t happen and it won’t happen again .
Do you know the counter which counts how many so-called experts claimed BTC dead is ?
Do you know how many times this happened?
Over 360 times .
The last such announcement was marked May 27th 2019.
In 2019 we had 22 of such opinions.
So don’t worry too much .
BTC has grown 300% over the last 3 month.
Investors have to take their profits .
This is perfectly normal and healthy.
We think we should not fall below the level of the $7000 .
Before that, we have 2 other support lines where the price can stop.
$7000 is the 3rd one and the lower one.
Although demand has evaporated temporarily there are also not many people who sell .
When looking at the WBM BUY/SELL Indicator we can see there is room to fall a bit from where we are now.
Anyway, we won’t fall lower than $7000.
Are you feeling better and calmer?
Please do write in the comment section.
Thank you for your time and reading.
Hit a like to support us.
MASSIVE Hugs!
WBM Team.
Refined Market Reversal for Corny Corn CornBitmex undergoing maintenance on the 4th is a neat event to help trigger an interesting move that will likely happen in the next few days. Purpey lines are a daily structural meme shape I made and Teal is weekly meme lines.
Looking at an escalator top of around 9252 followed by the devil's elevator down very short after.
An idea I appreciate by cryptomedius (twitter @cryptomedius) lays out the historical bull-run-then-large-correction seen in the past by the lord and saviours corn. Obviously this is not guaranteed but history does like to repeat itself.
Would like to see the reaction at 5880 and if not huge demand at those levels with the public and early retail buyers holding poopy bags, it's likely we could see new lows before a move to 100k+.
Who noes tho right?