RobertMercer

RobertMercer

This update is very very local. Straight out the gate - I don't advice you to trade during weekend, the market is very unstable. Well, firstly the priority is slightly downward now as the price can't break the $7000 psychological resistance. Moreover, the dump absorbed a big part of the recent pump, which is bearish. Expect $BTC to reach the EMA200 (orange...

RobertMercer Updated 

The purpose of technical analysis using the Wyckoff method is to improve the timing of market operations when a speculative position is formed in anticipation of an upcoming move, where there is a favorable profit/risk ratio to justify opening this position. Trading Ranges ( TRs ) are the points where previous movement will be stopped and there will be a...

RobertMercer

Binance Coin broke through the triangle upwards. Currently we have a support at 19500 sats, while the target is 20700. Local priority is bullish there.

RobertMercer

I swear that everyone forgot about the HORSE pattern. It appears very seldom, but works perfectly. How does it work? It reverse the chart to the LEFT side in order to re-test the support after a big dump. That's what I expect in mid-term for now.

RobertMercer

Well, the breakout about which we wrote a couple days ago, turned out to be fake . As the result, at the 27th of March $ETH broke downwards through both strong supports: horizontal at $136 and ascending at $133. Currently, the price is located inside the bearish phase. The target for SHORT is $111.

RobertMercer

Bulls didn't let the price dumping lower than $5800 and reach 0.618 Fibo level. Small flat and pump back upwards. As the result $BTC broke through the resistance of $6090 and now we're breaking through the $6270 resistance . The next resistance levels are $6450 and $6600. We're going to SHORT from this range, as bulls won't be able to break through the...

RobertMercer

Everything is simple af on this chart. We have a bullish triangle which was broken upwards. Daily candle closed higher than any since the big dump. If today's 1D candle closes above the $136 level , priority would be clearly upwards.

RobertMercer

Bitcoin clearly follows Gold nowadays, we decided to analyze this chart as well The asset is extremely bullish and correction downwards is possible only if the daily candle closes below 1585$ . Gold is absorbing new and new phase of decline , day by day. Now the price is testing the level which was formed at the 2nd of March , so here the probability...

RobertMercer

Previous two weeks were VERY volatile, volumes were huge, but that's not a secret for anyone. Both weeks closed inside the bullish flag. So, we have two options: $BTC trades in the range between $6300 and $6000, then heading towards the upped border of the channel for some time - then broke one, which leads to the "Z" point. $BTC trades in the range between...

RobertMercer Updated 

Double top, but with no confirmation yet, so it is quite possible to see a breakout of the $236 level on impulse . If we see a rejection from the mentioned level, it would mean that the double top is confirmed - target would be $221 - $226. From there we expect a growth to $236 again and then to $250.

RobertMercer

The price came back below $9100 level and currently going to test the support at $9000. High probability of a flat formation between these two zones. Moreover, I want to mention that the price can easily go to $8900 and it won't be a threat for LONGs. In a word - we're waiting for a growth continuation from $8900 - $9000 points.

RobertMercer

If we see a rejection from the resistance during this pump, it would mean that the resistance is valid and strong and more likely $LTC will go downwards once again, before breaking through the one. At the mentioned support we can start gaining LONG position, but this is only in case of a rejection. If we see a confirmed breakout of the resistance now, LONG can be...

RobertMercer

🐝 BTC UPDATE Touched EMA 40, quite possible to see a small rollback upwards. Strong resistance at $9000, currently we can’t break it and if we breaks one, it would be a very bullish sign. Local priority is slightly bearish, targets is $8500.

RobertMercer

The coin is moving inside the ascending channel which can be considered as a bearish flag (bearish pattern) . Key resistance is 4230, before one is 4175 (point where is would be profitable to sell) . Breakout of the ascending support will lead to the continuation of the dump.

RobertMercer Updated 

The price is located in the dangerous for bulls zone - that's the reason why we don't see huge buy volumes there. Green volumes will start increasing after confirmed $9720 breakout and clean up-ward vector. We can also see a number of big spikes which triggered LONG stop losses, during these squeezes big traders (mostly whales) were accumulating $BTC. However,...

RobertMercer

📍 #EOS UPDATE EOS is really bullish now. 1. Broke through the strong ascending level and now taking hold above the one. 2. There is a bullish convergence on many oscillators, on others - the value is in the oversold zone. 3. The downward wave 1-5 has finished and it perfectly corresponds to Fibo levels. There is a small chance that ABC correction has...

RobertMercer

The coin is trying to breakout through the resistance of descending channel. If the current 4H candle fixes above the descending resistance, we expect a great growth which can easily fill all mentioned targets. You place buy orders in the between 4900 and 5000 sats. Fingers crossed.

RobertMercer Updated 

The price has broken through the $10100 resistance and confirmed it. Hope you enjoyed this small pause as $BTC is ready to rock higher. Targets of this upward movement is $10380 and $10460. Sure, if we breaks through the $10100 again, the growth will be postponed, but the probability of this case is very small.