PierreFX

PierreFX

These levels are: 1: 35K (Low chance of bounce) 2: 33.85K (Medium chance of bounce) 3: 32.2K (High chance to bounce) 4: 29.1K (Extremely high chance to bounce) Now that we have data on a retracement, I have printed the levels you will need to make money on the bounce back up on Bitcoin. Please note these levels are very well calculated and are used a high...

PierreFX

According to my fibs strategy we have a great looking trade setup coming up once price enters the red box (40K - 41.5K). I'll take profits around 35K.

PierreFX

We just closed green On the weekly. We are currently in a downward wedge that I think will break to the upside and touch about 40,500. I think this can be a pretty decent trade if you want to go long before we see a lot more downside in the near future. Also the RSI is currently highly oversold at the bottom which is a good indication that we will have somewhat of...

PierreFX

This is probably going to be the most probable trade setup that Bitcoin has to offer. First off we have a range identified as the white line support at the bottom and gray line at the top. Seeing as we are in a sideways movement currently, we can expect continued momentum in the downwards direction toward the goal of 27K-30K. The white line on the bottom is a...

PierreFX

Check the notes on the chart. There will be more downward continuation once this sideway movement is finished.

07:18

PierreFX

Hey traders! I wanted to post a video about how to use the Fibonacci retracement and extension tool to help you with calculating your own analysis as well as give you mine on Dogecoin. I really hope this helps you out if it does please let me know in the comments and like the video. Let me know if there's anything else you would like to learn about. If I know it...

PierreFX

We're at a super crucial point within the Bitcoin market where we are in a strong resistance zone. This should be turning point or we are within $1000 of the top due to the rising wedge we are in. It's possible to short here but I don't think the drop will happen immediately. We are going to consolidate upwards in this wedge in my opinion. Let's take it day by...

PierreFX

I’m pretty sure this is what we are going to see play out for today and tomorrow until structure is broken and goes it’s chosen direction. I like to use trend angles to identify where the buying might begin within the range. They are pretty accurate for consolidation.

PierreFX

What is happening here you might ask? Enormous amounts of money have been rumored to be put into crypto advertisements for the Super Bowl. In my opinion, this is going to end badly after or during the day of the Super Bowl. A lot of the time, markets will be bought into when huge news is going mainstream, then sell off when the news actually happens. We...

PierreFX

I can honestly see one more tremendous drop for Dogecoin before crypto goes up significantly. This would also put Bitcoin right around its support area with its drop as well which would be around 25k-30k.

PierreFX Updated 

Head and shoulders just formed along with a failed retest of the previous diagonal trend line. I’d have to estimate that BTC is going to continue its downward momentum a bit further. NOTE: We are currently (if you zoom out) in a sideways symmetrical triangle.

PierreFX

I spotted a double pattern here that could indicate a temporary drop soon on Bitcoin.

PierreFX

Bitcoin is not going down to ridiculous low levels. At most maybe 25K but I highly doubt it. There are a lot of people who are noobs in this space that are spreading FUD. I'm not saying the market will follow my exact arrows but have an open mind. Too many people are so bearish off YouTube and other social media misinformation right now it's making people closed...

PierreFX

Dogecoin may just turn around at the 0.50 and move to the top of resistance which is approximately $0.18. Mr. Beast will also potentially accepting it for currency as well which will be phenomenal for the price when people start buying merch with it.

PierreFX

Market movers are going to need to take this down a bit to force retail to sell to them in order to proceed with the next retrace up.

PierreFX

We all know this downwards wedge pattern too well. And Amp is cheaper than it has been in months, perfect opportunity for whales to get in a great position to ride this thing to .10-.20

PierreFX

Now that the news has happened and we've seen a decent selloff, I am assuming Dogecoin will be going down from this point. I'm expecting as low as $0.1250 before reversing.

PierreFX

$0.14 marks the spot of a major trend line and the selling pressure is getting weaker through the days.