BTC reached the support around 7550 levels, now we can see a run to the top of the descending wedge. If BTC manages to breakout of here.. we can see a run to the resistance level 8900.
The chart explains it all.. This could be a bullish scenario where we are heading to a 38.2% retrace or even a 61.18% pullback. Keep in mind that there is also a huge bearish scenario in play.. I will post that one later. Also take into account that the timing could be different.
The chart explains it all.. This could be a bullish scenario where we are heading to a 38.2% retrace or even a 61.18% pullback. Keep in mind that there is also a huge bearish scenario in play.. I will post that one later. Also take into account that the timing could be different.
Everything is explained in the chart!
The potention of NEO explained in technical analyse..
Hello, guys Bitcoin made it very hard to decide for us where to put wave 3 and wave 4. Today, I show you the correct and most obvious Elliot waves that is possible. As you can see, now is a good opportunity to buy bitcoin as we bounced of the 0.618 retracement level. This retracement is very logical as we saw a 0.383 retracement in wave 2. I believe that we can...
Hello everyone, As the days go by, bitcoin is becoming more bullish. Therefore, I want to show you guys a bullish idea that might happen. In this idea I consider the correction is over and the price will go upwards from here on. Meaning that the bottom pattern is V shaped and there will be no W shaped bottom. As you can see in the chart, I draw a major inverse...
Hello everyone! As you all probably know bitcoin made a reversal with a inverse H&S and started a short rally from February 6. This week Bitcoin reached 11.3k and as you can see in the chart , wave 3 is completed. By using fib extension (from wave 0,1,2), we could predict this target. Another interesting point is that wave 1 and 3 are close the the fib...
The chart of Ethereum is very similar to the chart of Bitcoin. Both prices of the crypto currencies are correcting and the most important question here is: Is the correction over? Probably yes, We did see a retrace back from the ATH about 70.5% which is the same amount we did back in the rally of June 16. So, if you bought Ethereum for 600$ a week ago.. well...
Today, I want to publish my idea about bitcoin's price movements. At the moment bitcoin is correcting and I expect this to go on. In order to understand this correction we have look back where it all started. In my opinion the bull run started in September 15th. I remember the news from China to ban domestic exchanges and the FUD Jamie Dimon spread during that...