Hello everyone, I saw a lot of people who call the moon and the end of the downtrend for BTC. *** It's important to look at my previous analysis. *** Looking at the 4 hours chart we can see that BTC after break down the huge support 7600 (61% Monthly Fibonacci) that I talked about in my last chart, it can't close over it since 23-5. And the short uptrend from the...
Hello every one, looking at the weekly chart we can see the pattern clearly. If the pattern complete and the bulls failed to defend the neck line (red trend line) which meets the 50 MA on the weekly (orange) and the 61% Monthly Fibonacci, BTC will drop to the next moving average 100 MA on the weekly (brown) which meets the trend line (blue) and the 71% Monthly...
BTC make a crazy move yesterday, broke the downtrend, 50% Fibonacci and weekly resistance at 9580 level, but it can't close over the 61% Fibonacci which meets the 200 MA on the daily chart. Scenarios: 1- BTC take a short run to the 50% Monthly Fibonacci at 9945 level before it go down to make a correction. 2- BTC rebounded from the 61% Daily Fibonacci to test the...
After BTC broke the downtrend and the center line of the descending channel, it can't broke the heavy resistance at 9062 level (50% Fibonacci) and rebounded from the downtrend (red). It's target now is the center line of the descending channel which meets with the 100 MA, 200 MA at 7886 level. If it bounce back from this level it will go again to the downtrend. If...
BTC bonded from the weekly resistance at 8470 level which meets the 50 MA (daily), BTC goes down again under the center line of the descending channel on the way to test the big descending channel which meets the 61% Fibonacci (monthly) and the 25 MA (daily), but looking at the chart there is a pattern its target is at 61% Fibonacci (daily for last wave) and the...
After BTC broke the short uptrend, it find its short support on an old trend. But looking at the monthly, weekly and daily charts, We can see that BTC looking for more downtrend. On the Monthly chart, We can see that BTC broke the 61% Fibonacci and the 38% Fibonacci trend. On the Weekly chart, We can see that BTC broke a strong support which meets with the 38%...
The uptrend from the low of 15/9 to the low of the 6/2 was broke, so the next target is the previous low about 5920 level which meets with center line of the new descending channel and the top of the oldest descending channel. If the price fails to bounce from this area, it will go to the 78% Fibonacci (Monthly) which meets with the bottom of the new descending...
Hello, The ETH the uptrend from 19/4 low to 16/7 low, its now try to test the broken trend and the previous resistance about 390 level. In my opinion the price will go deeper to 305 level, the 78% Fibonacci level (Monthly Fibonacci) which meets the center line of the descending channel, monthly support level and the oldest uptrend from 10/3 low to 19/4 low, which...
NEO is going to test the uptrend in green from the low of 16/7 to the low of 15/9, which meets with 78% Monthly Fibonacci, Weekly 50 MA. If the price fails to bounce from this trend, NEO will fall to the oldest trend in dark blue from the low of 12/6 to the low of 16/7.
The price bounded from the 9050 resistance, The first support to test is 7600 level 61.8% (Monthly Fibonacci) which meets with the short uptrend in blue. If it broke the 61.8% level, it will go to the second and third uptrend which meets with 6920 support level. So the buy zone is (7600-6650), from the new short trend to the third trend (dotted one).
The price goes into descending channel, and the target of the broken triangle is pointing to a critical area, mixed signals. Now there are more than one scenario: 1- The BTC rebounded from the new short trend in blue and the 61% Fibonacci (Monthly). (Weak Potential) 2- The BTC rebounded from the old trend from 15/9 and achieved the target of the broken triangle....