Here are 10 reasons why you should consider to buy Bitcoin right now and why I think that a possible next leg upwards is waiting just around the corner.
1. Yesterday's candle close was above the $8,000 above the psychological number - $8,000 is a round number and it should act as a resistance level but the price manages to close above of it.
At the moment we see a KEY level on $BTC, it is located in the range of $8100 - $8200. In case the price will take hold above this lelve, we have great chances to fly upward and face $8500 or even $9000. However, in case the price will stay at the same place, we will dump to the $7500 - $7600 zone, then to the $7000.
Moreover, the price formed a Double Top from...
We have been enjoying juicy weeks which fill up with pumps after pumps on BTC and the suddenly the momentum seems to be FADING this week, which direct major attention to how the week price will close.
The idea here is that if weekly candle failed to close above 8250 that will implies a potential HANGING MAN which is technically a sell signal.
Well its still too...
I am going to continue the updates here now.
So again the funding played a big part here, dropping hour before it ends and then just going up again. Longs are paying at Bitmex past 2 weeks or so and the price of this funding has been increasing as well past days. So it is becoming expensive to just hold on to long positions.
Anyway, the 3950 broke and as...
What is the real value of Bitcoin from your point of view? Is it above 8000.00 level? Is it below 8000.00 level? Please, share your ideas in the comments.
Why do I ask you such a question? The main reason is to show you the possible difference between the real value and the current price. How it will be, we will know in your comments.
The situation, when there...
Bitcoin has been hard lately - Damn, I have said that many times lately. BUT OUR FAMILY still makes money, so we are happy. This week we made +200% ROI - It just makes my job harder :)
Our TA shows that, the Bulls again have taking over. I am surprised HOW strong the bulls are - its unbelievable what we are witnessing.
First of all we haven't seen serious...
XAUUSD did not folow the trend to make its 5th wave down because the red support zone has been a strong reason for buyers to open a new trade and sellers to close for profit.
This time, buyers win.
Now just follow the blue line and waves for gold.
The highest position for buyers now to consider is where it start to drop.
Plan to buy next week to follow the...
We are looking at a trade setup for Ripple (XRPM19) on BitMEX. Let's get straight to the signals:
We have a double bottom and multiple signals pointing to a breakout to the upside.
We have a bullish falling wedge.
We know XRPM19 to be bullish because it completed its retrace before reaching 0.786 Fib. retracement of the last bullish wave.
So if there isn't...
This is a quick reflection on Bitcoin's Fibonacci Channel's within its long term parabolic growth curve.
In the two previous cycles, the price touched the -0.382 Fibonacci retracement level before it rebounded. This marked the end of that market's bear cycle and that bottom gave way to the new bull cycle.
This time it hasn't done that (price touching the -0.382...
Hello, Artem is here!
You probably won't see 4k this year! — Indeed you probably won't see price lower 4250 this year, as we can count our EW from Dec 2018, and find that wave (1) located at 4250 top.
How many new traders and investors will come if Bitcoin price will reach 15000$?!
I think a lot, could be more than in Dec 2017 but anyway it is good for market...
Hope this idea will inspire some of you !
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Bitcoin is about to finish it s ugly triangle and will show us which side it picks.
I am expecting more retracement to 7200 and even to 5900 usd.
I will be updating the chart completely if we break this resistance and fly to 9400 usd.
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
Maybe I missed it, but I can't say I've seen a lot of anger on social media, let alone depression since we hit the bottom ... maybe it's still to come ?!
Imagine how all those fomo bulls are going to feel when we hit $5k, they will probably be very angry and when it goes on to hit $2k ... imagine the depression.
Yes, this is a suckers rally, so maybe I'm just in...