Since the chart above mentioned the RSI 14 weekly showing signs of btc on a bull run or not..in a candle stick perspective we're already right exact at the resistance area of BTC and it will show either we have a retracement-pullback then go back up to a bull run. Or...this is alraedy the top and another correction dowanrds to $5,500ish. Call me repetitive but I...
Notice if BTC goes and finds support above RSI 14's 50-52 level. It says in the bull run regardless of bearish divergences which are irrelevant at uptrends. If it's below it, it's a bear run. We're now at the breaking point where BTC will either break above these levels and confirm a bull run...or not.
Hey everyone! So many setups developing in the market right now.. It's actually quite crazy I present you a valid upside setup on #OSTBTC with a good Risk-Reward-Ratio, valid Fibonacci as well as nice balance - shown in blue. When I mention 'balance' I mean this: the drop from our 1H to 1L is steep and quick, whilst the decline from our 2H to 2L is gradual. I...
We missed MA 21 weekly by a small margin. It could be concluded that we have tested it although we did not touch it which we could still witness but it is highly unlikely for BTC to break down from that, I see everybody calling it for months now but here is some more evidence from history where we stand in the above given chart. I believe we will have side ways...
BTCUSD closed above the 12h 50 sma. Multiple times in the recent pump, this has led us to a breakout and to massiv gains. Bullish!!! Happy trading!
im not professional, this is only my persnoal technical analysis Will bitcoin repeat the history again.... lets see what happend in future,
Beautiful pattern followed by a doji. Lets see how this one plays out. Nice profit everyone
Similarities of now (2019) and then (2015) showing that the bottom is already in and after some months of consolidation we will start seeing higher and higher prices. * RSI 2019: the RSI peaked at 96.2700 on the ATH then dropped to 43.800, near the level it is currently consolidating. The bearish MA cross took place with the RSI at 53.550. 2015: the RSI...
On this study we take a look at the Longs/ Shorts speculation. During this bear market, every time the RSI was oversold, it gave a Sell Signal. On the other hand during bull markets, when the RSI is oversold, if gives a Buy Signal. Quick conclusion: every time the RSI is oversold on the Longs/ Shorts, the price action follows the underlying long term trend. The...
Now a days btc is going to sideways, not so much movement. BTC 1D Chart looks like a forming a triangle, which is going to end.. We may see price of the bitcoin heading towards $7300-$7400 in 1-2 weeks, then a slow decline to around the $5,950-5,850 range . $5700-$5850 IS STRONG very Support we all know that, There is a support trendline , which meets near the...
==> FIND THIS USEFUL?: Hit ThumbsUp :) ==> OTHER THOUGHTS?: Kindly leave a comment DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal / investment advice.
Bitcoin has a short-term bullish signal setting up. As you can see on the chart there is an inverse head and shoulder visible from a 30 or 60-minute timeframe. The neckline comes in at 7397. With a break of this, I'll be looking for a retest of the recent high of the previous swing (7700). There are Squeezes setting up on both a 30 and 60-minute chart right...
Bitcoin bulls ran out of steam and stalled out at $9900 last week then failed it's attempt to break back through $8700 this weekend. It's pulled back about 50% of the +$3000 gains it had from the middle of April thru the first week of May. All of the Consensus hype about big price action actually was just the opposite. We could continue to have another 2 weeks...
Has to hold the pink trend line for this wave count to have a chance. If we break that trend I think we are heading towards for the bottom orange one.
Nothing new to add, just follow the previous analysis from 25th of April at the link and lets see if the move to the upside can be sustained as we go towards 11.500. Good luck. Risk warning! --------------------------------------------------- Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. You...
2 triangles I drew several days back I lined the 2 triangles up together to get a predictive date for a breakout or pattern and left it to see if BTC can follow pattern So far 3 days in BTC has perfectly touched and bounced at specific points The moving averages also forming a triangle
Hello traders! Now we can see BTC trying to break downtrend resistance for the 3rd time. For this breakout we have Bull Flag and need to breakout it to reach its target: 16600$. Target for Bull Flag is measured by height of flag pole. Also on chart we can see forming Head and Shoulders pattern, which is reversal pattern. It targets also coincides with Bull...