Following on from the last analysis - Bitcoin continues to stay at the horizontal support zone as per our last analysis. Now, price is deep within the support zone and a decision must be made whether to buy within the lows of the support zone, or hold out, and find a lower buy and not miss the boat by waiting for the side-wards support line before the upside. If ...
Once again the warnings here are the same :
Buy & Hold is not possible to do with leverage.
Buy & Hold is an investment psychology and nothing close to speculative entries.
You must be ready to invest into something that may go to 0..
You'll never exit this trade until it goes to that 0 value... Or to your target !
Buy & Hold can't be done with a substantial ...
BTCUSD: Price breaks the 6K psychological support only to close back above. This type of price action spells one thing: squeeze. The failed low formation off of this major support is a telling sign especially in an environment where sentiment is heavily bearish.
Many do not realize that while the alts were selling off, this market refused to push the 5750 low. If ...
Hi guys,
BTC has been trading in a triangular pattern that shared properties with either Bullish Pole and Flag pattern or Bullish Pennant pattern.
Breakout from the pattern happened in July 17, 2018 and now we are facing re-test. Price is expected to bounce off the level and continue its uptrend.
Major level to watch for this pattern are: 6000$, 5825$, 5775 and ...
My recommendation to all of you guys who are in panic mode right now, and I'm referring to those who are still in or considering coming back into crypto, look at trends not at 45M charts
Whether you're in or out, I wish you all prosperity in life and right choices. You can hate or love me, but what we can all agree on is that Bitcoin along with cryptocurrency is ...
CADJPY reversed off its resistance at 85.38 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance) where it could drop further to its support at 84.58 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 98% where a corresponding drop could occur.
Uses:
1. Ichimoku Cloud
2. John E. Zero Lag EMA
3. Hilbert Sine Wave Support/Resistance
4. Linear Regression Divergence of price vs
-- ROC
-- RSI
-- ZL-MACD
Parameters:
1. ROC Triggering Threshold:
--- Triggering rate of change value in %
----- Low for lower timeframes, less volatile tokens
----- High for higher timeframes, more volatile tokens
2. ...
Hello followers and other TradingView users!
We have tried to predict the short-term movements now over the week in this price area - some were good some were bad because between the two round number $6000 and $6500 those movements is almost random pumps and dumps!
The price has been in this area now almost a week, almost a week we have seen those pumps and dumps ...
Good morning, traders. It was a rough Monday for some of you, I'm sure. Those who have been following my live streams knew yesterday was a distinct possibility and, hopefully, were prepared for it. I continue to preach the importance of risk management so that traders don't get caught when price swings opposite their anticipated direction. The question now is has ...
Hello folks!
As noted the H&S pattern has been invalidated. This could be a good thing as the climb up for the right shoulder would have given more breathing room for the bears to further dump price in a slow bleed. We are not too far from the end of this particular $8500 to $X target. My opinion has been that it'll end at $5500, let's see. I hope you learn from ...
Hello my friends,
I'm here with BTC -3.52% Realtime #11.Thanks all of you that supported me in last months and all people joined channel during last week.Let's Start this week BTC -3.52% Realtime.
So As you saw BTC -3.52% couldn't achieve a victory in last days and bears are in charge,temporary.Opposite of what many people think about this falling,i have to say ...
Good day, fellow traders!
Bitcoin has formed a Double Bottom Reversal following a violent selloff that drove price down to 5755 on Poloniex yesterday.
At present, price is trading above 6200 and moving upward at a steady pace. In the 4-hour chart, bearish pressure continues to push the 100 EMA further down from the 200 EMA that is also declining. This ...
We are only in the early phase of step 2...
Can you see it? Markets are governed by fundamentals and psychology.
Crypto fundamentals are non-existant, hence it all makes sense, they are fully governed by psychology.
Does not matter if we go up or down, it's all the same.
And the exact same people that were in disbelief in the early stages of it going up are now ...
