Explained on chart, for educational purposes only.
Bitcoin traders are clearly undecided. Doesn't help that you have newbie traders that already know everything about everything. You have those that want it to go up to 9 or 10 grand You have your sub 6k and below group. You have your 500 point day trading group. You have your 50 point 5 minute candle group. Lets not forget the back to 20k and beyond group. They...
As stated in previous chart we had a perfect bounce off of the 68.2% retrace of wave 1, which is where wave 2 ends and wave 3 begins. This will fail if we retrace past the low from last week, $7340ish. I'll continue to update this post unless we have a complete EW failure. Thanks ***This information is not a recommendation to buy or sell. It is to be used for...
Wave 2 has moved past the 38.2% retrace but is still a valid potential pattern up until 61.8% retrace. Also 4hour candle is about to close with a double bottom at 8300 from 2 days ago which could send us into impulse wave 3 My TA not advice, do not buy or sell based on this.......
Elliot Wave playing out Impulse 1 then 2 looking for impulse 3 NOT ADVICE TO BUY OR SELL
Chart is self explanatory. not advice just my TA, do your own research
13k by April 28th then maybe 5k???? My TA do your own, not advice at all.
Bearish Bat may have just completed point C, if this doesn't happen by the 18th March it could be invalidated by Fib time zones The Chart should be fairly easy to understand, point D could be a potential sell point for all the LONGS, after that rebuy around 9300 or wait for Market to move. ***This information is not a recommendation to buy or sell. It is to be...
Update to my previous TA, with take profit points. By the way, this is because of Binance my foot!!!!!! to put it nicely!! ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
If D plays out you are looking at a reversal zone of $9808 not to far fetched, it matches MPC's green trendline. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
It looks looks like Bitcoin may have established point C, if so, I have updated my chart to reflect the potential reversal zone of point D, before heading back up. If point C continues up the harmonic pattern will have changed to a Cypher, still would need a reversal, just not as steep. ***This information is not a recommendation to buy or sell. It is to be used...
Based on this Bearish Gartley pattern, get ready for a price dip.... ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
What we have forming on the day chart is a Bull flag ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Bitcoin is above the 4hour candle and using it as support. If Bitcoin can remained closed above that 61.8% Fib, look out above, because we may break that up channel. I could see Bitcoin riding the top of the cloud all the way to the 26th of Feb before breaking that Green downtrend angle. I am currently holding Bitcoin. ***This information is not a...
Pretty simple to understand, also, below clouds equals bearish. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
More signs pointing to Bearish than Bullish, I might jump on at $9500. My TA, don't buy or sell based on my TA.
I am slightly bearish on Bitcoin at the moment. But I don't think its FULL bears ahead. a couple things I notice on my TA of the 1hour chart for Bittrex. Keep in mind these levels will very by exchange slightly. 1. The 1 hour candle just fell through the ichimoku cloud (bearish signal) 2. My blue line, just for simplicity sake is my Bull line. My Orange line...
As long as ETH does not break below the 2/1 Gann line in green, I can see it riding up to $1023. Then a pull back. If it breaks 2/1 Gann line Good support at Ichimoku Cloud $892 Falling into Cloud would signal a bearish move to who knows where. My TA, not advice to buy or sell.