Bitcoin reached SMA100 and could not break it from the 1st attempt. This resistance zone is strong and it's formed by the uptrend line, SMA100 and 7800.00 resistance level. RSI is in the overbought zone and it confirms the price reversal. MACD lines still confirm the upward movement, but MACD histogram already falls and gives a bearish signal. DMI is bullish and ...
Let me show you a quick way to find resistance levels, which are also known as targets when you are looking to sell for profits when trading a coin.
Above you have the Bitcoin chart with 1 candle per 24 hours; Daily time frame.
Bitcoin price is likely to stop at the next resistance point. Note the word "likely", because there is always the chance of the price ...
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 ...
BTCUSD update: Price action is fluctuating around the 7381 resistance level. With a bearish pin bar present, this formation points more toward selling in the near term. If the minor weakness persists, the next buying opportunity may be around the 7K level.
BTC continues to lead the way. What is interesting is other markets like ETH may present obvious buy ...
A shark pattern is completed (T-Bar installed). Note that immediately after the T-Bar, price began to stabilize (T-Bar+1=inside bar) and finally reversed (T-Bar+2 = bear trend bar). By itself it is a good singal to go short. I personally prefer to see a follow through. If the next bar has a lower low, lower high and lower close then it is considered a good follow ...
Hello all my dear friends,
I'm back with BTC Realtime #8,yeah we reach to number 8,this week we will end second month of this weakly idea and i hope we celebrate 2 month end with a great profit in BTC market.
Again need to thanks all of you for your support,togetherness and kind comments and messages.Without you,this weakly idea never start and i really happy that ...
BTC/USD review.
Welcome all market participants!
On the one hand, a clear formation of the micro and macro head of the shoulders. A lot of expected figures, which are realized in the shortest possible time. The price is very close to the strong line of resistance. Formation of the ascending channel, which is aimed at turning and interpreting the given ...
We look very bullish in short term. Alts may go down short term on BTC pairs, but we recommend to just hold everything until January.
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 advisors.
Hello my Dear Followers.
I'm Feeling like they might set a bull trap, pushing higher above 7800 up to 8200.
Before the next bear run will start.
Faking the H&S pattern.
Also with same pattern like previous small bullish momentum.
Right now we can see obviously we have a bullish pressure, but all depends how we will react to 7800.
Longer term, attached with ...
Price moment is starting to stagnate to go down while weekly MACD is calling for a bullish run up. In this chart I charted bearish and bullish trendlines which all seem to point to first week of october where the bullish momentum will start to overtake the downtrend momentum and signaling a bottom. So far we have seen 2 downwaves and after this successive uprun ...
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.
The first week, I made a few mistakes ...
If you ask me, yes I believe that the prediction that was made above will hold for $BTC in the near future.
My idea personally is that a short position here would be excellent and that said short position should not be relinquished until the price reaches $5.5k.
I have covered the reasons why I believe that $5.5k is an attractive landing spot for $BTC (to ...
Hello, Litecoin near good levels to buy.
Use yellow box to buy with Stop Loss on 0.0095 level
Targets to sell for Long Term investment: 0.0181 - 0.0235 - 0.0267
If price break our stop loss, it might hit another support levels to buy 0.0069 and 0.0056
When LTC will hit the bottom it will rise in USD price very fast.
Dear all,
I want my bags of alts to be full of green candles, see BTC 0.68%at 70k, however what do we need for a strong bull run?
A strong touch to support line for a bounce.
Having a discussion with a TV member to look at a broader TF we can see that it does not look good for Bulls (right now)
Here is my thoughts, feel free to comment and exchange on this ...
It's really easy to get caught up in lower timeframe price action, especially when things are looking bullish. I want to play devils advocate here and point out a long term support line (purple) nobody seems to be calling out.
We haven't touched this long term support since May of 2017, and usually do after a parabolic advance is violated. The parabolic advance ...
