After 57 days of showing bear signals , BITCOIN now is showing a signs of reversal , but still there is a EMA giant in front of bitcoin at 9000k lvl which is the neckline of reversal head and shoulder pattern , If bitcoin could overtake the orange line and have a valid breakout , then bulls are back to the party , as of moment I prefer to stand out of the table ,...
I Think if Bitcoin Breaks Red Line Will Probably Go to Lower red Line Then Re-assess Saw a couple of good Vids on the Extent to how people are mining Bitcoin they are making Gazilions www.youtube.com Then This Guy Showing how he is making "Profit" as well Mining and from a Web Service www.youtube.com
If BitCoin Breaks this Red Support Line It could Skid all the Way Down to the Next Blue Support Line Hope Not But Sillier Things Have Happened
As referenced in my earlier post, I was afraid that the head and shoulders pattern would occur. As predicted, BTC price touched the resistance zone and is now falling back down. Be careful, traders.
Huge movement here, lets follow this coin closely TARGET: 0.00009700 Good luck!
Sell below 15889. Stop loss at 17446. Take profit at 12840. Reason for the trading strategy (technically): Price has shot up without triggering our sell entry yesterday. We now see that bitcoin is testing major resistance at 15889 (Fibonacci retracement area, horizontal overlap resistance, Fibonacci extension) and we expect to see a strong drop from this level...
This year 2017 gain like this. 15.000 OR 20.000 no matters. This is biggest bubble of 2017. Anyone says this not a bubble then man nothing else bubble. Slver 2017 gain 0. Yes 0. Nothing (btcoin) gain %2500.. This is the biggest scheme of all times maybe. For me. Price 10.000 12.000 13.000 16.000 20.000 $$ no matters man no matters. maybe 5.000 maybe 1000...
Good opportunity to trade on a breakout
From crude to price, and everything inbetween.
Massive cup and handle formation with a clean break out of the handle today. Bitcoin Cash is the superior bitcoin and "flip" places with Bitcoin as we call it today. BTC has gone from just shy of $8K down to $6600 while Bitcoin Cash briefly "false crashed" down to $540ish on Wednesday to have nearly doubled by Saturday morning. Do your own DD or let me save you...
Consolidation continues. Wave b (black), perhaps, will take the form of a zigzag. I want to see a deeper correction to the price of 4650, but this may not happen, because look at the wave C (orange) in wave a (red). Corrections in the last wave were shallow and brief in time. You can also try to play for a breakdown at the price level of 4950. Work better with a...
We assume that the wave A (orange) is over. We will buy at the correction from the levels of 4280.4250. Stop Loss at 4160. Goals for growth 2: 1 - 4500; 2 to 4700.
Presumably the diagonal triangle is formed in the direction of growth. The key barriers that were important to us (4250.4350), are broken, and now we are looking to buy. Because we drive this movement in wave 5 (violet), as the final model for growth, we will be extremely cautious in decisions with a set of positions. The reason is very simple: the movement can be...
We made a refinement of the markup of bitcoin and a shift in the timeline to level 1 older. We assume that the upward movement has not yet emitted steam and is able to form a bullish model in the form of a wedge in the direction of growth. The possible boundaries were indicated by a dotted line of black color. We want to see the penetration / touch of the price...
Another local correction was formed, the nature of which indicates the existence of a zigzag. We are happy about this, because there are prerequisites to confirm our intuitive sense of price growth to 4550. We follow the character of the upward movement and we will not hide that we do not like it and looks crooked, however. If the movement regroups into a wedge...
We were closed by Stop Loss 4300. We were in the market from 22.09. (3500-3550). The price did not finish the key level at 4550. The level remains questionable. We assume that there may be a refinement in the markup during the day, and the final impulse is not completed. Growth to the level of Fibonacci remains in force. We'll think about how to play the final...