Look at this nice divergence that is forming in the 4H time frame, which is an indicator of a reversal in the market!
Get a long position as soon as possible you have got an opportunity.
Hello Hello Hello,
It seems it's time for ending up the correction wave! but not be surprised by how fast it happened as we have two forms of corrective waves: 1- price correction and 2- time correction.
I suggested that the latest impulse wave might be in the form of a channel or a wedge, however, both of them have become true, all depend on your view.
Now it's...
Hi everybody,
After the recent Bitcoin price bumped up to 49K, a possibility of a new pattern is showing up! an ascending channel rather than a wedge.
Frankly, I am not assuring about any of them. Although, since a nice and trustable divergence has formed for several weeks, it is highly likely to be an ascending wedge. Hopefully, there are some hints to realize...
Hi guys and girls,
Another stressful moment for Bitcoin traders is coming!
If the price break down 47K, the rout 2 will be preferable and a decline down to 42-43K . Although, if price hit 47K and turn up, the route 1 will be the future and we will see higher price.
Now just seat your belt and enjoy looking at your charts!!!
A pullback is a pause or moderate drop in a stock or commodities pricing chart from recent peaks that occur within a continuing uptrend. A pullback is very similar to retracement or consolidation, and the terms are sometimes used interchangeably. The term pullback is usually applied to pricing drops that are relatively short in duration - for example, a few...
In continuation of the previous post, a nice ascending wedge pattern is near to break downside! what does it mean ?
1- Ascending wedge pattern most of the time informs us about a reversal in the market, mostly in combination with other signals
2- The amounts of this decline is measured by its altitude, in our case, it is 40.5K
3- Remember it needs a proof for...
Hi guys and girls,
Here is a big moment for Bitcoin; if it can break 48K, we will expect for two possible targets: 51K and 59K
But if can't, it will decline to 42K (41-43K, a range is more possible) and will make another chance for getting into a long position.
Hi guys and girls,
Bitcoin is highly probable to form a correction in the recent days now! a riasing triple top pattern+ a divergance+ RSI > 70% support this idea
the target price would be at minimum 40k
be ready for a hunt, I'll try to update this post.
Hi guys, in this 7 minute video I just try out to analysis the past and future of the Bitcoin price. Simply it is forming a pullback and sooner or later (I do believe in recent days) it continues its rising up to 56K! What is more, it's your final chance to get in the game!
Hi guys,
Based on the latest high formation, it seems a reversal triangle is formed. So, be careful of your long position that we've opened it near the upper line. In the picture you can see two possible paths for the future movement, if we consider a bullish trend is dominated. Here are the situations, 1- the price will go up straightly and hit the upper line...
Hi Bitcoin-lovers,
In summary, I do think this corrective wave is near to end! as few hours later I announced it!
The reason for this is as follows:
1- As it is shown by green arrow lines (one in price chart and another in RSI) a divergence is formed
2- As it is shown by purple color descending line, price break the line, also a nice pullback is formed which is...
Hi guys,
In conclusion, there are some technical evidence that the current correction in Bitcoin price is near to the end and new impulsive wave will form sooner or later, just be ready for it.
