Looks as if price is facing a lot of pressure remaining above the 200EMA. Can it break down soon?
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Looks as if price is facing a lot of pressure remaining above the 200EMA. Can it break down soon?
Short term is not looking too great. Most cryptocurrencies Sold off on Sunday
Expected to return then to 8k?Quote:
Originally Posted by ;
Who don't understand ...
... there's a report on criptocurrencies
some other point of view ...
Bitcoin : quarterly, monthly and weekly timeframe
trend:
lt=quaterly (N),
mt=yearly (L) ... Neutral beneath 12160,20 (@close monthly bar),
bt=WEEKLY timeframe (Neutral) ... LONG over 17754$ . . .SHORT under 13105.90$ (@close weekly bar)
cycles: lt (DowN), mt (DowN), bt (DowN)
P.S.
(to download for free for a certain period of time)
https://www.cicliemeri.it/cryptoraiderreport
Finally we see some bigger movements. Can it be gonna keep on going up strong or is this just a fake breakout?
South Korea news causing the move I think. . http://www.forexlive.com/news/!/move...korea-20180115Quote:
Originally Posted by ;
Lets see where it'll take the price to.Quote:
Originally Posted by ;
Edit: I personally am not buying it still.
Btc (h4)Quote:
Originally Posted by ;
... However ... the Tendency is Apparent
P.S.
(stoch 170,5,5)
I notice something anomalous ...
(both in the Elliott count and in the trendline breaks)
(But it is my feeling ...)
Abnormal because I'd have expected that a 5th one (of 3 rd composed : 123 45=1st wave) ...
... faster ( ... and instead is below ma200 = h4 timeframe)
Abnormal because in the rest of trendlines there is a pullback ...
... too pushed along with the next break is a trendline probably upwards (usually downwards)
It could make me think of an AbC correction
(we'd be interior b waves) however ...
that the 12345 count = 1st wave can also be anomalous ...
P.S.
Large boys repositioning ?
https://forexintuitive.com/attachmen...1241559614.jpg
U going in with a sell position already?Quote:
Originally Posted by ;