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roosgart
Jun 13, 2019 5:27 PM

Bitcoin next move to US$10,000 Long

Bitcoin / DollarBitfinex

Description

Bitcoin is bullish and crossing vertical resistance

Next target @10k

Good luck

Comment

BItcoin moving up on bullish news, all indicators aligned for uptrend mode

Trade active

Bitcoin price volume analysis

1. There was a rejection of lower prices around US$7,500
2. Buying volume started to increase on June 10th
3. A bullish sign was clear when THREE INSIDE UP candlestick pattern formed (pink zone).
4. Even though buying volume slightly decreases price still increased in the past two days meaning momentum is building on the bullish side.
5. The last candle in the 2-day time frame is bigger than the previous candles even though it is reaching the critical US$ 9,000 price zone (pink area).
6. All indicators are clearly bullish as well
7. Taken as a whole this means there is a higher chance that bulls are in control of the market and Bitcoin price will break out the US$9,000 price to reach US$10,000 (at least).

Trade active

Last chance to enter a position before Bitcoin break out.

Doji reversal at 30 minutes time frame

Huge volume compared to previous volumes at 30 minutes time frame

Comment

15 minutes time frame bull flag is ready to explode Bitcoin!

Trade active

Bitcoin is reaching the 9k major resistance price level, be ready

Comment

Bitcoin is testing previous resistance now support. Trend continuation

Comment

Target upgrade to $11,000, testing support before the move for 18% gain

Comment

Bitcoin BTC/USD on reversal mode now, updated target to US$ 11,000

Comment

Bitcoin back to its uptrend channel US$11,000 sooner than later

Comment

BTC/USD don't miss Bitcoin break out!

Comment

Bitcoin is breaking out!

Comment

BTC touched its upper channel, short pullback now

Comment

Bitcoin so bullish right now, likely to surpass the 11k price mark before a pullback

Comment

BITCOIN Here are we go BTC/USD Boooommmm!

Comment

Bitcoin It is approaching fast to our upgraded target of 11,000

Comment

BTC/USD touched upper channel, OUT for now

Trade closed: target reached

BTC/USD 10k-11k target reached :)

Comment

BTC/USD buying zone between USD$10,000 to USD$10,500 -->
Comments
tommyf1001
How did you draw your upper channel trend line? On the daily? Can you zoom out and take another snapshot for me please?
roosgart
@tommyf1001, it is un upper trend not the upper channel yet, based on the two previous highs
tommyf1001
Great job!
roosgart
@tommyf1001, THanks!
BitcoinBearSlayer
At least 10K
roosgart
@BitcoinBearSlayer, yes, agree at least 10k but with momentum going and fomoers it can surpass it
CognitoBTC
where do you see correction point?
it doesn't seem to get back before reaching 11.5k
roosgart
@CognitoBTC, likely to consolidate around USD$10,000-10,200
CognitoBTC
@roosgar, perfect chart . many many thanks
roosgart
@CognitoBTC, Thank you!
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