TradingView
AlanSantana
Sep 19, 2018 7:45 PM

Bitcoin Explodes on the Hourly Candle... 

BITFINEX:BTCUSD60
Bitcoin / DollarBitfinex

Description

⋅
Bitcoin just had a huge burst up on the hourly candle, which was preceded by a strong drop.

We also have good volume.

This is giving us a nice bullish candle on the daily:


Is it time for the bulls?
Share in the comment section below...


Namaste.

Comment

⋅
We bounced back up and with really good momentum...

Comment

⋅
Volatility increasing is a good signal for us, this means we will have a breakout soon. We are hoping to breakout to the upside.

The bears were negated massively yesterday and even though we are lacking momentum, we are now trading above EMA10 and EMA50 on the 4h chart:


- It seems we will have action by the end of the weekend.

Comment

⋅
Check out ADABTC:

Comment

⋅
How to become a crypto-millionaire (40% up since sharing):

Comment

⋅
Ripple (XRPBTC) waking up:


Etherum (ETHBTC) as well:

Comment

⋅
We have a repeat of yesterday for another push up...




Bitcoin continues pushing up.

Comment

⋅
Bitcoin finally showing some strength...

Comment

⋅
Volume increases once more... Bitcoin wants to keep on "exploding" on the hourly timeframe. Bulls are gaining momentum...

Comment

⋅
Strong retrace going on but completely normal.

Here is the hourly chart:


- Price bounced from 8-Sept. trend line.
- Outside of Bollinger Bands.
- RSI oversold. Short term bounce expected.

Comment

⋅
Please click the trade idea below to follow my Bitcoin updates:

Comment

⋅
Bitcoin explodes once more on the hourly candle...

2.5% increase in one shot...
Trend AnalysisTechnical IndicatorsBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDBTCBTCUSDTalanmastersbinancebittrexusdttether
Comments
uhuhuceramic
⋅
ZERO useful information
kklim
⋅
@uhuhuceramic, complete non posts here
OptionsUN1TED
⋅
I already learned my lesson about these types of price a action. With BTC. when a quick drops ensues like it did, it usually follows with a mass spike. Manipulation at its finest. I stayed in btc this time as I watched 6330 from a few hundred then BAM! Trailed stop loss once it settled down and didnt bounce off the 25 MA which is the blue MA on binance.
AcidBassReaction
⋅
This was an orchestrated move. Things may move up but I would be wary of the coming possible legal issued on the horizon.
AlanSantana
⋅
@AcidBassReaction, Legal issues?
liberator_D
⋅
@AcidBassReaction, ETF will never happen
lucra
⋅
Looks like wave C completed in one hit, if so its look like we go up to (wave 4) 6850. ( after that 1 small correction (wave 5 ) down to complete the 2018 total structure...5 (5) (C) [5].
Let's see where we end ;-)
AlanSantana
⋅
@lucra, Thanks for sharing.
bergwolf
⋅
Cboe XBT BTC Futures expired one hour ago ;-)
AlanSantana
⋅
@bergwolf, Which is good news for us!
More