Recently, Mark Zuckerberg appeared before the US Congress to discuss his new Libra project and to attempt to calm concerns related to his new global alternate currency project. It appears this project is putting global political leaders in a particularly powerful position of either accepting the Libra...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
10-25-2019
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Filed under: silver, gold, bitcoin, cryptocurrency, market, technical, Stock, ADL, metals, precious, trade, btc, TTL, safe-haven, altcoin [Edit Tags]
The recent price collapse in Bitcoin may be the start of a much bigger price trend in the Cryptos. The support level near $9000 has been breached and the current resistance arc, see the MAGENTA Fibonacci Price Amplitude Arcs on these charts, are clearly acting as a major contracting price resistance...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
09-27-2019
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Filed under: forecast, bitcoin, market, technical, analysis, Stock, currency, trade, btc, prediction, TTL, collapse, crypto, continue, months [Edit Tags]
After an incredible 7+week rally in Bitcoin, from $3700 to above $8000, the current price action is setting up for what may become an extended Pennant/Flag formation with quite a bit of sideways trading ahead. Our researchers believe the past 7+ weeks rally in Bitcoin was prompted by a shift away from...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
05-27-2019
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Filed under: bitcoin, China, US, rally, trade, btc, trump, sideways, pennant, xrp, talks, flag, eth [Edit Tags]