Bitcoin (Cryptocurrency)

We had some good action 2 hours ago, where the price made a quick dump but got an even bigger push up. The volume on the way up was much higher as well, so chances are big a bear trap was set there. Also ETH' broke an important support it seemed but also jumped right back above again, also suggesting a bear trap. The past days, i talked about expecting at least ...

Hello Traders! We do not intend to take a long position with eyes closed in our setup area, but we want to see a first rebound signal, but above all we will look for some reversal patterns on smaller time frame. That said, our analysis could fail, and in this case, the pair will develop the expected bullish impulse earlier than expected (we have seen a potential ...

Hello Traders, On December 21, we identified a corrective structure completion and we called a SELL TRADE around wave (v) as shown in chart below. After that, the pair has successfully reached our TARGET 1, today we also see the processing of our TARGET 2. From a technical point of view, it is necessary to protect the trade (move stop loss to breakeven) and take ...

This morning we had a break of the triple bottom of support, in a 2 minute flush that then led to bulls buying the dip and defending support. We are still watching 4 hour EMA resistance and lower highs for the bulls to prove they are going on offense to push the price up, rather than just defending support into further slow fading. It is very clear for days now ...

Hey-Hey! After the fake move below the semi-round number $3,500 we got a bullish momentum and got a good rejection from lower levels. The rejection came from the Bear Flag bottom trendline and from the round number which both act as supports, plus they both should work as a strong confirmation levels when the price gets a close below of them - very important ...

Pattern: Kiss of Death on 1M. Signal: Bearish. Target: 2300. This is a typical bearish pattern. The price falls below the 21EMA and revisits the line from below, "kissing" it and getting rejected. In 2014/2015 it bottomed after a -61.27% fall. The same degree puts the bearish target/ bottom at 2300. The duration of the 2014/2015 pattern until the time it broke ...

Positive and Negative Scenario

Should bitcoin remain making higher lows this is a scenario i see playing out as bitcoin moves higher to test 4k again

Hi Friends! Here is John again. Lately, I have made a summary of my trades. I want to share with you my last 6 weeks trade on BTC. It is not spectacular but it is safe and profitable. All myths about fast money are gone. Math, prediction and emotional stability are the key factors. Don’t be fearful don’t be greedy. Manage your risk. Details: 1. After a ...

Hey-Hey! The area between the $3,500 and $3,700 looks like almost the same as it was the area between $6,000-$6,500, a lot of fake movements up/down and Bart moves here and there. As it was then and as it is now, my recommendation is still - stay away from the market(!) but still, let's try guessing some possible moves and some possible movement confirmations ...

Possible stop hunt and rise to top of consolidation and then fall to yearly lows ***Any information represented here is my opinion only and not intended to be used for financial gain. None of the information posted here is to be considered financial advice. Information posted here is strictly for entertainment purposes only. Please consult your financial ...

Good day Traders Our $3470/$3500 support has been holding strong. Although we keep getting rejected by the $3550/$3600 resistance, we now have bullish divergence on the 2H MFI so still expecting a move to the upside. Our 1D SMA50 is going to be strong resistance yet again, this time around $3670 but we first need to get above $3600. The way I see, we have 4 ...

Good morning and welcome back from the long weekend. This morning (1/22) we saw a brief selloff followed by a quick reversal here in BTC. We like to look for patterns and trends, and what this price action reminds us of was the quick REJECTION of the pop up to ~$4,200 on January 8th. Seeing no follow-through, BTC went sideways for roughly 48 hours then ...

On 13 January 2019 I posted a chart with a green target box where a corrective wave b down should land. That target box was located in between 3,529-3,427-3,380. During the following two days Bitcoin could drop only to 3,570 and then jumped. Then in my update on 19 January 2019 I concluded that even though it did not tag my target area that jump off the last low ...

It's Time to go up

long

I am looking at this chart since, before end of 2018! And we clearly see we haven't escaped from the Bear now, Bear is still the sentiment that most of us feel inside their minds as well, even if we are true believers of Blockchain and the Crypto Gold - Bitcoin. Following all rumors on ETF and the slow adoption that initially we was thinking will happen right ...

Bitcoin is having strange price action because of the low trading volume. A big move is coming and we all know this. Have a look