Since my last analysis on Bitcoin, price has continued to stay at the highs, and has been incredibly stubborn at this level! Price did not only hold out at this level, but it has also been trading in an incredibly tight consolidation zone for the time being. Since the up move was originally so strong, it would have been expected that a correction would have taken ...
Bitcoin has been doing really good lately, it is moving up strong and into the positive.
My indicators are all over the place, but there is something more interesting to look at than indicators... Trend lines...
Yes, we are now above a major trend line, we broke through it like it was butter and Bitcoin is giving out signals of additional bullish action in the ...
The market reached the strong daily uptrend line which now acts as the resistance. We can see the sideway movement at this line. This zone is important now and the price action here will show the further market movements. We have to take into consideration 2 possible variants:
1. the price bounces from the uptrend line and drops to the support zone between SMA50 ...
After a few week rallies to 6800 last week, lack of volume and conviction of the bulls caused that drop to the 6300/6100 levels. I gave a warning before the drop, even though i was bullish, i was very disappointed that the last rally we made got sold of at the 6800, again! Many alts have been bleeding big time lately making crypto HDOLing very painful. The past 2 ...
We are seeing BTC test and hold EMA 12 support on the 4 hour and daily inside bars form.
This is still extremely healthy consolidation and the fact that we are still holding up here is a testament to bullish strength.
Bulls are sitting pretty as a bear break leads to a daily higher low and a bull break leads to continuation to $7,777 resistance.
Notice the ...
Hello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
Trades this far:
Day 1 BTS: Win +5% ...
Hello everyone, i ran out of time on video (its hard do capture everything).
I didn't have time to put elliot wave on impulse but like i said, i dint really use elliots until bullish move up is confirmed.
I would have to see strong pass with nice close above yellow resistance line.
I think We will see a lot of price action between 7775 and 6700 closing triangle ...
Bitcoin Bitmex Update
Not much has changed overnight. It was still a buy on tests of the 7355 line but only for scalps...
If you bought on the second test of this level overnight raise the stop to 7438 for now.
The spikes above price suggest it's still not wanted much above 7500 so far.
The rest stays the same for now, a repeat of yesterday as nothing has changed ...
Traders,
This is a daily trade setup on BTC
EN: 7490 or Pending order
SL: 7850
TP1: 6888 RR ratio: 1.5
TP2: 6488 RR ratio: 2.67
Good luck!
Less is more!
Good Friday morning, traders. We made it through the week and now, with the weekend upon us, absolutely anything is possible in this market. At this point, we still have the $7900 target from the IHS and price continues to hover around $7400/$7500. The TFs don't get overbought until the 4H, which means that there's room for price to break and run a bit. Speaking ...
Memory fish how to make you failed? Tips for you "VIP"
Forgetting grace but here in the market is a way to fail how it? Read to know
The market is often deceptive!!
With time passing and price stability, people forget their plans and what they put as a market analysis.
The passage of time without the occurrence of your plan brings you boredom and then forget ...
Hey Everyone,
Today, all Eyes are on Bank of Canada Consumer Price Index Core E.T 2.22M
and at the moment Initial expectation is Hawkish for CAD (future updates will be posted)
currently as per our Technical side USDCAD is Forming a Bearish BAT on 240M Chart
price is not that Overbought but according to H1 Chart it is slightly Overbought
and hence this trade ...
We are doomed for a quick drop to $6,500 area before bouncing back to $9,000 levels right before Bitcoin approval on ETF after which we are expected to go on a bull run which will make history.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial ...
Perusing the alt charts lately and this one in particular is shouting its message loud and clear for the big picture.
Notice the high volume bars, what do they have in common? A selloff followed by big buy action in the same candle. In fact, if we go back 12 months we see the same pattern. Biggest volume is always on the red candle. This means that price would ...
