I know many people hate BCH. But if you compare BCH's chart and BTC's chart there is one thing I can tell you that the first one is more trustful. While there is a bearish divergence hidden in BTC chart, everything happened reasonably with BCH: Price is bouncing from uptrend line after escape the downward channel, RSI is rising gradually and CCI (commodity channel...
I don't think the last night surge of BTC will confirm a trend continuation. Instead, a bearish divergence occured when the price line does not agree with RSI and CCI (commodity channel index). It happended in late Jun 2017 followed by a drop from 3000 to 2000$. This time, the signal is even stronger. Let see in next few days if BTC will reverse or not. I also see...
Turn on the daily chart and Ichimoku indicator. Turn the Ichimoku into white except for the conversion line. Mark the two recent top of BTC. And here is my thought: every time BTC reach its top, a "head and shoulder" was formed by conversion line. So maybe now we are witnessing the right shoulder and the head will reveal next days. So, my prediction is that we...
Hello, this is my first time prediction, so any feedbacks are welcome. To be short, I believe LTC will rise again after the recent downward trend. It may fall back a little bit near the day 1st August. In the event that UASF (or Segwit2x or what ever it is to help solve Bitcoin scalability problem) is failed to be implemented, then LTC will be pumped to the moon...
I chose 0.01 - 2, 3, 5, 8 because they are Fibonacci array. All of these analysis are based on my assumption and I am not responsible if you lost your house :D Happy trading