MegaWhale

MegaWhale

BITCOIN is seeing a very bearish pattern playing out - HEAD AND SHOULDERS! This pattern is shared with many other altcoins, alongside bitcoin forming a head and shoulder pattern on the 4-hour chart the overall market direction is pointing downward! I believe we will see downward movement for the remainder of the month before we head back up nearing the later half...

MegaWhale

Wanchain is seeing a very bearish pattern playing out - ascending wedge! This pattern is shared with many other altcoins, alongside bitcoin forming a head and shoulder pattern on the 4-hour chart the overall market direction is pointing downward! I believe we will see downward movement for the remainder of the month before we head back up nearing the later half...

MegaWhale

BTC - IF IT FOLLOWS 2017 - Somehow all the support and resistance lines match!!!!!! This cannot be a coincidance Let me know what you think ''Buy Big Sell BIGGER'' - MegaWhale

MegaWhale

2017 ATH cop and pasted onto current chart - If this follows the 2017 pattern we can expect a bounce from $45k zone back up to $54,000 before heading down to $35,000 Let me know what you think ''Buy Big Sell BIGGER'' - MegaWhale

MegaWhale

WANCHAIN - BULL VS BEAR SENARIO ''Buy Big Sell BIGGER'' - MegaWhale

MegaWhale

Pennant formation possible - to confirm this we need a bounce on the lower trend support line and $45,000, we can then expect a move upward to the top channel resistance located at 65k in the next week. I always say this - but zoom out!!! If you want to find the movements over daily periods you need to look at larger time Frame charts! Bitcoin is still bullish!!...

MegaWhale

Potenial bull flag ''Buy Big Sell BIGGER'' - MegaWhale

MegaWhale

WTC - Potential reversal and break of descending wedge $1.25 first target! I love trading descending wedges! Did you know descending wedges have an 89-92% success rate!!! ''Buy Big Sell BIGGER'' - MegaWhale

MegaWhale

Chart says it all! Let me know your thoughts ''Buy Big Sell BIGGER'' - MegaWhale

MegaWhale

AM I THE ONLY ONE SEEING THIS!! Wanchain is about to go parabolic! Grab your bags - next stop the moon ZOOM IN!!!! ''Buy Big Sell BIGGER'' - MegaWhale

MegaWhale

Bullish indicators - Macd converging upward - Bullish breakout of Adam & Eve pattern, retesting and found support on the neckline - Volume increasing - General market sentiment improving Could see a move up to the 0.768 Fib level around the $22 USD range in the short term As always let me know your thoughts ''Buy Big Sell BIGGER'' - MegaWhale

MegaWhale Updated 

A break up over the downward channel resistance line could potentially lead to a push to the $1 Failure to break could result in a drop to the 200 days MA on the four-hour chart before a bounce upward If you are currently on the sidelines waiting for a break above the channels resistance would be a good buy signal. Otherwise, get ready to purchase some cheaper...

MegaWhale Updated 

As bullish as I am - I still call it how I see it. The purpose of technical analysis is to maximise profits and minimise losses. Bitcoin is showing some very bearish signals and extreme caution needs to be taken otherwise you could see yourself holding massive bags on the way down. Bearish signals - Death cross incoming - Macd converging downward - Volume...

MegaWhale

A break up over $48,000 could potentially lead to a push to the $54,000 range testing the 200day EMA on the 1hour chart, which has been the resistance point since the 23rd of February. Failure to close above the $48,000 range could result in another drop t the lower support at $42,000! If you are currently on the sidelines waiting for a break above $48,000...

MegaWhale

My track record for predicting wanchain price movements have been exceptional! I am expecting another run up breaking us out of this descending wedge and making a run up to $1.10 within the next 24-48hours! Bullish signals - Macd crossing - Broke $0.85 resistance - BB midline break - MA golden cross coming - volume increasing As always let me know your...

MegaWhale

WOW! What a crazy 24hours, the entire market saw a massive pullback as suggested in my previous post! Firstly a massive congratulations to everyone who followed by BTC short post - I hope you all secured profits and were able to grab some discounted coins! Bitcoin has found strong support and looks like the trend is reversing, we could see a run back $58k before...

MegaWhale

WOW! What a crazy 24hours, the entire market saw a massive pullback as suggested in my previous post! Firstly a massive congratulations to everyone who followed by BTC short post - I hope you all secured profits and were able to grab some discounted coins! I used this opportunity to load up on some more Wanchain! Guys! Wanchain is looking good right now, we could...

MegaWhale Updated 

Bitcoin has been in an upward channel since is in an upward channel since breaking the $47-48k resistance zone, since then we have seen a 20% increase to $58k MASSIVE! It seems BTC to be showing bearish divergence in the RSI as well as a noticeable drop in volume. Bearish MACD cross on 4hr - death cross could potentially follow. With a potential drop in BTC...