As seen in chart, very simple but powerful
Price reached MA100 and the support level 750.00. It can be a good reversal zone with following up movement. We can think about long trades only and search for the best entry levels. For placing pending orders, we must get confirmation from MACD and RSI that price bounces from the level 750.00 or MA100 and it's going to move higher. Profit target is the resistance...
Bitcoin Long Term Idea (Mid-Late 2018)
You can see the red line is where the 3rd leg down is likely to bounce, and where it would be a good place to buy, as BTC could rally to even higher price.
Hi there. It seems like bitcoin could break down a little. Probably shake out some weak hands and signal miners to hurry up with SegWit adoption.
Self explanatory. Bitcoin broke back up today.... I just took another look at the weekly chart. This time it could absolutely test all time highs of $1000? very likely, just watch for the break of $800... (otherwise, double top) Aligns well with USD, almost breaking up of triple top with a possible 20~30% rally ahead, which will cause massive massive yuan...
Buy at 595 38% FIB just tested Buy at 584 80% retracement
OK, here's daily chart of Lisk at poloniex. I noticed that we had 1 big green candle + 6 mostly neutral smaller candles and again 1 big green. Now we have another 6 after big green. Size of Big Green candles is very similar. So if this is kind of pattern and it is not ending yet, we should see now another big green candle with similar size like others. Well, to be...
Make sure you are on the right side of this channel when it comes to resolution, because it looks to be a large measured move on the other end. I am playing this long with a very short stop loss. Let the move confirm itself before taking position.
Here is the chart that I've been using to accurately predict the price months in advance, currently, we are in a corrective cycle. Short here for a quick profit. I'll post numbers when I have time to analyze further.
300 is a key level of resistance now as we're heading to test it for the 4th time after the low on 14th January 2015. $BTCUSD currently trading $273 since breaking out from $240 12 days ago. On Oct 6 it traded between $240 and $243 for less than a day before breaking up with good volume. twitter.com Breached $267 fib level and heading towards $280/296 to test...
Bitcoin has long been a favorite for those looking for an alternative to centralized fiat money. Although I always thought bitcoin was promising, the technological aspect always held safety and liquidity concerns. Due to the fact that it is hard to prove peer-to-peer transactions, financial institutions - especially in the U.S. - have strict policies and layers of...
After listening to the suggestions of tradingview user FALA, I downloaded the BFX data into excel in order to graphically view the levels of open interest for Bitcoin on the exchange. For those that are unfamiliar with the Open Interest indicator, it basically shows combined longs and shorts and represents how many traders are entering or leaving the market. 1)...
In a prior predictive analysis/forecasting, the technical reasons where outlined to support a reactive rally to the 260.00 see prior analysis here: .) At this point, the expected rally towards 260.00 remains in force, as price surged and carved a higher high, and is now likely to have found that once-resistance/now support in the geometry's 1-3 Line. The...
we had a clean run from 330 up near 395. Looks like some tension and resistance levels are kcking in around 390 but hope to see that break after this next dip near 370. Personally I opened a short from 390 and will close at 370 to reassess a new entry Another scenerio.. we might see prices hit 379 and heading back up to 395
Per my live tweet and trade alert to my trading students on Thursday (twitter.com), I shorted at ~$609. Volume is lighter on the crash than I wanted to see, so I'm locking in some profits down around $590, but still trailing/holding stops looking for another panic down to ~$565.
Friends, It is becoming more apparent than ever before that the crypto-currency has mounted a resistance to infectious nay-saying and other virulent dissemination of damning news. What has happened instead is a quieting of its price moves. While institutional news releases from both sides of the bull/bear fence had emerged on a higher frequency weeks ago, it...