As we can see we are in a critical point on the RSI
And many indicators are overheated
Bitcoin will drop very soon with that head and shoulder formation on the smaller time frame
XRP looks like a better deal for now
Well here we are.
Predictable, obvious Bitcoin.
You cannot outsmart Bitcoin, as it is too stupid to be outsmarted.
Just switch your brain off and make money with your eyes closed.
The news, the hype, the dumb baggy bulls raging, that's all fun, but it does not matter.
Told you this was the only chart you needed. Ok it lasted longer than 3 months. Very boring....
Dear Friends! <3
D4rkEnergY is back with an analysis on TRON - the coin you either love or hate. But forget about that for a second. Because at this very moment, you might be able to make some money on TRXBTC!
As you can see we have had a normal 1-5 Elliott Wave Structure followed by a combination corrective pattern (ABC-zig-zag and Triangle ABCDE). At this very...
For those of you who follow my posts you know that I have been "all-in" long for quite some time. You also know when I made my Adam and Eve double bottom call back in March. That being said, I'm running out of ideas. In this chart I have put together a compilation off most everything I have looked at over the past couple of months. The long term weekly moving...
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DarkEnergY is back with a NEW exciting update on Bitcoin. A lot of stuff has been happening today. We have been going sideways for 14 days now, and suddenly out of nowhere, when we least expected it, within 30 minutes whales shot the price up more than 1,000 USD which put the RSI up on ALMOST level 90. It's NOT something you see every...
Hey, when using Fib Retracement levels in log chart, their value is calculated according to linear price value, not according to position in a chart, but i found that if u use Fir Channel levels are drawn based on distance between given points.
So to draw long term Fib retracement in a log chart we can use Fib Channel and draw it horizontally.
Hello My Friends! <3
Do you remember my lastest charts about RIPPLE?
- GERONIMOOOO!! RIPPLE About to get RIPPED in HALF!
- Sorry RIPPLE, You're Gonna Die! And You'll Be Fine...
It's hard to be humble, when you make such good predictions. Ripple got ripped in half, and if you take a look at my latest chart, it was super accurate. Take a look. Ok, admitted, I...
For those of you foaming at the mouth for an opportunity to short a parabolic rise, you may get a chance soon as we approach to the top of the long term Bull Channel. As you can see on this Daily Coinbase chart the fibs line up, the channel lines up, and the current price action will soon line up for a nice bounce off the top of the Channel. Of course we could...
Ah, timing. The hardest part of TA! Looks like, as I was looking for in our previous analysis here, we got a nice strong V bottom off the three-drive pattern I had pointed out.
Took longer than expected, and I think that was because I was drawing the retracement a bit late. I should've counted a bit more price action and we'd have had a perfect chart! But enough...
I am looking at a Long Position to 113 TVC:EXY
Based on the Harmonic Pattern Drawn, I look for the Retracement of the final leg (D) to go 50% on Fibonacci which lies around 113 range
This is not a recommendation to take this trade
This trade was posted for educational purposes only
1-5 Elliott Waves Up after we got my reversal at exactly 3,224 USD (on the point - kinda lucky ) - We have Regular Bearish Divergence, which confirms a retracement. Expect something like what I have illustrated for you. Just be aware of, that we don't yet have any confirmation on what corrective structure we will get - it could be ABC ZIG-ZAG, ABC...
Getting a correction is needed, but also a shallow retracement with a support hold at the 38.2% level is a sign for more highs ahead.
As the RSI drops back below the overbought condition line, selling interest continues. The last time this happened the 38.2% level held and after a period of consolidation the market kicked to new highs.
Internal indication looks...
Analysis for GBP/USD :
*-Downtrending with LH & LL,
*-Broke the 1.3 support zone,
*-Is going to retest the resistance at 1.3 which aligns perfectly with the trendline,
*-Daily & Weekly showing strong bearish momentum,
*-Moving averages downside crossed on daily & weekly,
*-I have put a sell limit order but you can wait for some candlestick...
welcome to another OUTLOOK for ETHEREUM!
It looks like we are currently consolidating in an ascending Triangle and there might be a chance to BUY! Don`t get triggered by likely FAKEOUTS, as shown in the chart!
The current BEAR-CYCLE does not show any strenght.. this could be a nice evidence for a next strong bullish cycle!
Everything else I...