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.
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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]
Last year just days before the big Bitcoin breakdown we notified everyone publicly to get ready for a swift drop from $6000 to $4000 which played out perfectly within a few days. Our cycle system and technical analysis skills combined can pack a powerful punch and this one of those incredible moves where...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
05-08-2019
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Filed under: bitcoin, technical, analysis, river, price, chart, btc, Doji, star, three, drop [Edit Tags]