EN: Based on what has happened previously, we can say that we are facing certain indicators that show us a possible lateral trend for approximately the next 10 days . The curious thing about this analysis is that the fall after the lateral moment is approximately 10.3%, just like the last fall that we have witnessed. Furthermore, this fall is just below the...
EN: The bitcoin seems to be in a symmetrical triangle that we believe will break downwards due to the volume scatter. In case of breaking down could be reaching values such as 8.8k. However, we must bear in mind that in the great rise of 2017 there were falls like these (between 20% and 40%) and in spite of that, it continued to rise. For this reason, we...
EN: We continue in a bearish context. The altseason seems to be arriving. ES: Continuamos en un contexto bajista. La altseason parece estar llegando.
EN: Are we back in the bullish channel? It seems that the fall of the Bicoin has returned us to the channel in which we climbed and it seems that we will continue in this direction. Currently, the channel is available in a maximum of 13.4k and an extreme minimum of 9.6k. DATA: Attentive to the last two graphics. You will be able to see them in my profile or...
EN: In this graphic we can see how the BITCOIN retests the roof of the channel, this time as resistance. A triangle is formed that could break up to be the new wave that would mark an upward course. This candle, however, would not reach new historical highs since we are in decline according to the previous graph. This analysis and the previous one are very...
EN: Can Bitcoin go up? I hesitated to upload this analysis because it is difficult to assure or to believe that the Elliot waves are valid for BTC since many people do not believe they are safe. The bitcoin is behaving strangely (as always) and, in addition, a large part of the market wants to see it fall to operate with the altcoins. However I upload it because...
EN: Given the strong resistance of 11.03k that Bitcoin could not go through, there seems to be a head and shoulders formation that would mark a downward correction to continue with its rise. This H&S seems increasingly imminent due to the volume values that are handled. ES: Dada la fuerte resistencia de 11.03k que Bitcoin no pudo atravesar, parece haber...
EN: We can clearly see how the BTC broke the triangle upwards. Now we have to wait for the confirmations of the volume that starts to rise again and the moving averages that are being reorganized. In addition to these indicators, look for the confirmation in which each one of you uses and make sure to establish your stop loss and your take profit. I wish you a...
EN: Can we be in the presence of a possible future symmetrical triangle ? What you think? And if it is a triangle, will it break the triangle upwards to exit the channel once and for all or break it in a bearish way to get closer to the 30% correction that many say? ES: ¿Podemos estar en presencia de un posible futuro triángulo simétrico ? ¿Qué piensas? Y si...
EN: Downtrend? Bitcoin can retest the zone 10.5k after reaching the projection estimated in the previous analysis of the 11k. ES: ¿Tendencia a la baja? Bitcoin puede volver a probar la zona 10.5k después de alcanzar la proyección estimada en el análisis anterior del 11k.
EN: THE PROJECTION WAS SUCCESSFUL . The bitcoin is taking the decision of whether to position itself above 11k or below. However, the projection was successfully completed. At the moment a dispute between the bears and the bulls appeared to decide the next movement and, probably, the tendency of the next days. ES: LA PROYECCIÓN FUE EXITOSA . El bitcoin está...
EN: As we can see, bitcoin broke the formed triangle and is heading to the 11k today in a short time apparently. The current minimum that can reach the btc are, in my opinion, 9,600, since the pink dotted line is a very good support in our favor. ES: Como podemos observar, el bitcoin rompió el triangulo formado y se dirije hoy mismo a los 11k en poco tiempo...
EN: I told you that the BITCOIN would reach 10k. On June 18, it was my first analysis of which shows that the btc would reach 10k. They were warned. If they listened to my graphics they could have obtained a gain of 18.8% if they were extended to the present time without closing their operation. On the other hand, if they had taken their profits in 10009.68,...
EN: There was an error in the calculation of the angle of the trend line of the previous projection, that was what gave us the estimated time to reach 10k. As we notice a difference of 8 °, we estimate a new time to meet the 10k objective and even go through it and we position ourselves between 12 and 8 hours from the moment of this publication. IMPORTANT...
EN: As we thought and observed in my last analysis, the bitcoin broke the triangle to the upside and is acting in a similar way to the previous triangle in the different timeframes. The idea of a head and shoulders is ruled out. However, it should be borne in mind that the volume in this projection is a little smaller and seems to be in decline, which should...
EN: The bitcoin goes through a decisive moment in which it defines if it breaks the triangle and goes to 10k or if it goes back down and forms a HEAD AND SHOULDERS. The head and shoulders is a figure that marks a change in the trend, which would imply that after defining this shoulder, bitcoin would continue to fall. How far would it go? It is a question that...
EN: In this graph we can observe the bitcoin trying to break this triangle and, at the same time, it meets the resistance of the 9.4k In orange, the different possible recistences were observed. In addition, the projection was observed in blue for this date (in 1 day 12 hours). In parallel to this is also reflected an ascending triangle which the bitcoin...
EN: In this graph we can observe the bitcoin trying to break this triangle and, at the same time, it meets the resistance of the 9k In orange, the different possible recistences were observed. In addition, the projection was observed in blue for this date (in 1 day 12 hours). In parallel to this is also reflected an ascending triangle which the bitcoin recently...