X BITCOIN IS DIGITAL GOLD OF CRYPTO - R BUY WHEN EVERYONE IS PANIC SELLING - DON'T GO WITH THE CHANNEL - P BE LONG
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.
Time to buy Bitcoin by Alan Masters
We had huge volume yesterday on the daily candle, the biggest volume we've seen in a while.
After Bitcoin's last wave up all the way to ~$8500, we had a major retrace. This retrace was very strong and fast and the price bounced after hitting $5858.6 on the 14th August.
A crash like retrace is good because you know it can't go ...
Bitcoin has made maybe 5 attempts to make that inverse H&S around the 6500 neckline, but they have all failed so far. This time it got rejected again at 6500, but with all the action going on yesterday, don't think it will fail this time (read my last few updates of the previous analysis, with a big whale buying big amounts of Bitcoin around 6250/6300). Unless a ...
Hi there, Watch for the correction completion and sell the breakout.
Good luck.
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Before I discuss about this chart, lets take a look at supply and demand chart.
https://www.tradingview.com/chart/BTCUSDLONGS/M01sMLSS-BTCUSD-LONG/
We can see at buyer chart (long chart), BTCUSD already reach support line at 24807, this support will bring new power for buyer, and if it not break down, buyer target at 36263 at long resistance.
And if we look at ...
As much as we don't want to admit it, there is almost zero reason that the SEC would approve the first ever Bítcoin ETF without taking all the time permitted to them by law. Therefore expect late September to bring about another drop as the SEC postpone their decision yet again from the current September 30th deadline. This will likely be until December, with a ...
we have wider range of price ranges between 5943$ and 6533$ where it exhibit Bearish Channel which brokeup and re-test is done with a formation of Morning Star which signal potential uptrend continuation.
Recovery in progress it required maximum patience, the chart shown possible wave pattern and potential immediate targets.
Better day ahead.
I appreciate you ...
Following a modest recovery just north of the 0.72 handle on Wednesday, largely backed by a dip in the USD from 2018 highs of 96.98 (US dollar index), the H4 candles are seen poised to challenge nearby H4 supply at 0.7267-0.7254. Beyond this area the unit may head for 0.73, and quite possibly the daily resistance parked just above it at 0.7314.
Daily demand at ...
There is very little bull volume for BTC and ETH this morning as we see a bounce that is likely to set 4 hour lower highs for both names.
Watching for the potential 4 hour equilibrium setup today that may result in a daily inside bar.
Bears are waiting for an entry on the lower high and to use the previous high in the $305s as a stop level.
I personally am back ...
Good morning, traders. Overnight, we saw price move as I outlined it might during last night's live stream. It broke out of the ascending triangle and reached the resistance of the descending broadening wedge. TensorCharts.com shows resistance building again today, currently around the $6340-$6360 area as well as $6600, $6650, $6700, $6800, and $6850. This is the ...
ETHUSD update: Since the close below 300, this market has proven to be one of the weaker alts. In typical fashion price is now finding resistance upon retesting the 300 psychological level. Any further recovery will likely be lead by BTC which is in a stronger position.
At S.C., we shared a swing trade idea to go long BTC with members because we believe that is ...
If you notice on BTC, the channels are shifting. Before, we had more of a downward channel marked by the purple lines and with this recent push up the channel is shifting upwards. If we go to the recent past we can see a similar shift in action in a smaller channel and over a longer period of time and on shorter time frames. The difference this time is it's doing ...
It finally accerated in early Assian opening, we've seen some volume up since yesterday, some big selling order took profits. and today the volume keeps up.
In yesterday i still haven't seen the acceration, so i keep slience. My updates in earlier days marked Aug 15 is a potential bottoming day, then, the final acceration followed in the next day opening.
My ...
In my last analysis-I mentioned for 1.1310 mark. Price tested the area and showing signs of compression. Its time for an action so i am looking to build my longs for a swing-watch out this market and I wish everyone best of luck.
Find the link for my last analysis on EURUSD below this idea.
Happy Trading!
Wow, LTC fell already so much!!!! The bottom must be surely in, right?
Well, before prematurely crying out that the bottom must be in, because an altcoin fell so much, we just have to look at good old historical data.
We can see that LTC went back all the way from where it started during the rally of 2013 and subsequent bearmarket.
Started at around 1-2 USD, and ...
