RSibayan

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We are either on A or B, only at the end of the week that we'll find out. Prepare your strategy. A - Dips B - Pumps Make a wise decision.

RSibayan

Bitcoin - One Year

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Bitcoin Descending Triangle Downside Target: 38.2% Fib $8430 Upside Target: Red Rectangular Resistance Bar: $8850 Bearish Divergence on RSI. =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe...

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Chart Has A Double Top With Bearish Divergence Downside Target: $8140 Be Aware: Price breaking through $8900 resistance could continue the bull run to $10K =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the...

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Upside Target: $9.9K - $10K Downside Target: $7.4K - $7,350 =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in...

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Upside Breakout Target: $8930 Price is above the 21 Period EMA. Stoch RSI Momentum is directed upwards. Watch out: RSI has a bearish divergence. Downside Price Target: $7.5K @ the 61.8% Golden Fib Level =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research...

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This charts shows how Bitcoin could be in a pennant with the price action replicating itself but diminishing in size. This pennant is a bullish pattern due to the fact that it's coming from a bullish trend. We'll revisit this pattern in the spring time. =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed...

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Laid out on the Day Chart is the Trend-Based Fibonacci Extension Tool. Based on this tool, if Bitcoin continues it's path on this trend and goes parabolic, the likelihood of a $10K price will be high. Price is way above the 55 Day EMA, very very bullish! Remember to place your TRAILING STOP LOSS. WARNING! Of course there's always the other side of the...

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Bitcoin May Re-Test $8245 Level Prior To Commencing The Major Bull Run. Dipping below the 55D EMA will entirely reverse the story to a major Bearish move. Price must stay above the 55 Day EMA for the next 3 months. =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own...

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2 Scenarios: Scenario 1: Price may continue to rise up towards the resistance line of the rising wedge before dropping down. This price action will eventually create a Bearish Divergence on the RSI and will confirm a reversal. (Upside Price Movement Target: $8500 - $8680) Scenario 2: Price may just break down the support line of the rising wedge. (Downside Price...

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The Bearish Divergence could have already been well established and just waiting to be fulfilled. In this case, breaking downwards from the support line (white broken line) will bring price down to $7.3K - $7.2K zone. Look at the Bullish Scenario Chart here: Here's The Bigger Picture: =============================== Watch out for STOPS-HUNTING...

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Price is currently being squeezed between the 200D and 120D EMA. There's a Bearish Divergence on the RSI, momentum on the Stoch RSI is directed downwards. Price breaching the 120 Day EMA and a candle closing below $8K is going to be very bearish and may create a cascading effect of sell offs leading to the CLE and a further bear market extension. Watch this...

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Today's move will dictate if the previous capitulation scenario will play out as the fractals have a familiar tune to it now. The orange circles are highlighting the similarities of the price action. The key point to pay attention to now: Price must stay above the 55W EMA, if price dips below and closes below the 55W EMA, the likelihood of a bearish market...

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The 55 Day EMA has been a significant moving average in determining the position of the market. The chart says it all. The key is for Bitcoin to get above the 55 Day EMA and stay above it. If Bitcoin manages to stay above the 55 D EMA, this will signal the start of the new Bull Market. Price range to watch out for: $7.6K - $7.4K Price dipping below $6.8K...

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Bitcoin is now face to face with the final resistance wall (RED). If Bitcoin manages to break upwards, it's game time! Rejection could mean an extension of the bear market.

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38.2% Fib Level is a common area of price reversal. If price does bounce off today from this level then the upside potential target is $9.5K In the very short term, more bullish price action if 38.2% Fib level holds support. Price has already tested this level with a Double Bottom. More tests of this level will break it and more dipping in price can be...

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Potential Upside Target: $9375 When using the candle bodies, the 61.8% Golden Fib Level is the potential upside target: $8971 - $9.1K =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not...

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Potential Retracement Target: $7561 on the 38.2% Fib Level =============================== Watch out for STOPS-HUNTING BOTS!!!! *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your...