Bitcoinbullish
Bitcoin: War of the TrendsAs you can see in the chart, Bitcoin stuck between two trends. Up or Down? There is no volume, no momentum, no bull/bear signs! All we know is we are at the edge/intersection of two trends. Do not believe in what people say, unless you know someone who holds over 20K+ Bitcoin.
The time is up! We are going to see the break-out anytime sooner. Hopefully bullish. But I don't know and i doubt anyone knows!
Neo, Red pill or Green pill?
Back To Bullish on BitcoinBitcoin has found itself right on top of long term support starting back in November. With the Squeeze looking to fire long on an 8 hour chart, I would expect this move to take place over the next couple of days. First target comes in around 8150 and the second target coming in at 8500. Over the last couple of weeks the volume has really dried up during the sell-off; it will really need to pick up to sustain a long term move higher. I'm placing a pretty tight stop at 7330.
Btc Bullish 2h 10/20/50 EMA CrossOver Possible Change In Trend As the title states we have a bullish crossover on the 2h chart even the 50 EMA was crossed over now
i will update a little later we need more data on a longer time frame i will update the post below
tomorrow once we get a little more data we are about to cross over 10/20 ema on the 4hr chart
things are looking rather bullish.(Wait for confirmation)
If you read my posts during the week and mainly the past 2 days you would see the bears are just
about done look at the long term MACD i mean really long term since this bullish momentum started
believe it or not the bears have mostly been in control. Well it looks like they have really ran out
of steam they have had too much control over this market for a long time now and the bulls have
been patient in how they played this one i have watched it every day for the past 6 months if not
longer.
I know we have been up and down lately and i don't want to explain myself over and over but looking
at all the indicators and trending patterns we should have full confirmation of a change in trend
soon maybe a day or two depends on how much sideways movement there will be, i think this is going
to be a game changer and the main reason being is we have started a small uptrend and it looks
strong the RSI looks good the Macd is good there are multiple crossovers coming up on many
of the charts, one more thing to note is the lower low eventually happened and this is what most
traders have been waiting for.
Now i did say that my bottom was $7200 along time ago we may have breached that a little but
if you look where people bought in you will see that most sold for a profit to buy back in they
where all talking about it last night mostly the whales.
Now you see the shilling that is going on that alone is good news do not let people make decisions
for you do it for yourself use your own TA patients will pay off do not listen to people bashing
btc because it retraced more than everyone thought it would.
And good luck i will keep this updated over the next few days.But it is a good sign trust me there
are people that were starting to lose faith even me for a few hours last night but i can see this
being a good sign.We need more data so wait for confirmation and wait for longer time frame
cross overs people are buying and it is restoring faith in the bitcoin market again.don't let the
'SHILLS GET YOU DOWN' they only arrive when a change in trend is coming MGPC will be posting
soon.
Bullish Spinning Top Candle 1day chart Retest of Resistance Line'BOOOOOLISHA'
Sorry im back quick update i thought i would quickly fire this up i see a bullish spinning top candle
on the 1 day chart i will look into this more in a few hours and throw some more charts up and see
if we can see any change in trend any time a bullish spinning top candle shows up it normaly means
the start of something big.
Now i do not want to get peoples hopes up too much as im not out to do that im here to try and help
some of the newer traders im new myself but im learning just like a lot of other people on here im
also busy programming a project for the btc community.
The chart i have thrown up jst in case anyone missed it especially new traders this candle normaly
means a big change in trend we see this a few times, i saw one of these back when bitcoin went
to 20k it was at the very beginning of the bull run near the beginning..
I want to take a much closer look in a few hours so expect some more charts and updates along
the way good luck all i will obviously include some TA in the charts with a update on news and
anything else i feel relevant, i think it is obvious why there has been so much SHILLING
going on and people are starting to see it now, which is great news as new traders wont fall
for it so much..
Social engineering is one of cryptos biggest downfalls you can make any chart look bearish or
bullish even if there not in a bearish or bullish state by the Time Frame.Enough raviting from
me i will leave you guys with the knowle we have bounced off the main bottom support zone
in blue and now we have a daily bullish spinning top candle.
Big things are coming this week end most of you would have seen the massive sell offs that
happened today and yesterday i believe these where whales dumping there btc to buy back
in there only waiting for confirmation this is my opinion so don't forget to use your own TA
im out to try and help.
I will keep this updated but definitely a massive booooooolish sign.I want to check the
EMA and RSI and also try some new indication methods.I will be back with an update
in a few hours.
Thank you to any one who supports our work we have alot of projects on the go at the moment
and we are trying to fit this into our schedule
Bitcoin The Bigger Picture Oversold Bears Running Out Of Steam Hi all just a quick update i believe we hit the bottom of the support yesterday and could be
looking at a bounce from this level..I've thrown this chart together quickly so we can keep
any eye on the bigger picture, we are still trending in this triangle on the 4hr chart it
looks alot cleaner.Im really busy at the moment programming but i will try and keep
the charts up to date i will also check the EMA 10/21/50 in a post below good luck, I stll
stick to what i have always said we will pick up from now and over the weekend.
I see us going bullish again short term / medium term bullish / long term Vbullish
people are still holding on for the $6k pull back which i find very unlikely and
the time of year we are in, people are still taking their profits and looking for a
place to re buy back in i believe, people are saying where are the buyers some have
been ladder buying on the way back down..
This is my belief we will be bullish over the weekend i would like to see a new re test
for the 9k - 10k region even if we hit $9200 it would break us out of this trending pattern
above..
Time will tell good luck all if you want to help sponsor me my btc and eth address are
below.Also check the news the shills are back out and trying their best to convince
people like last time bitcoin is done for they are absolute full of B$..And i truely
believe people are going to wait until its too late to even buy back in some people
think its going to $5k i doubt that very much..My bearish price was $7600 and $7200
rock bottom this is my own price you should have your own TA that supports where
you are buying in and selling..
Good luck to the bears bulls and the whales the whales are still there looking to get
as much btc as cheap as they can i belive and this is where i think most will miss
the opportunity, it will eventually go bullish and the price will go up so fast it will
leave some big key players out of the market.
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BTC
1LuVYASn75HZeLeKksExKTNwZpF59zXWk7
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ETH
0x6C4aa3B856D167977d39b4AB49aC66D967Edd9F2
EMA CHART BELOW
End of the bear market LongBTC has been at the crucial level where buy orders around 7500 have created a wall therefore, the market will continue to go up, in waves, retesting the 17500 level any pullback might be a good buying opportunity
Disclaimer
It is not a financial advice, everything you see in this chart is a personal opinion, should not be used as an offer to buy, hold or sell any security. Be aware that trading cryptocurrencies can result in losses. Therefore, consult your trading idea with a financial advisor.
Big Fractals and Bullish Flag the Trend is Settled Hey Guys, the matter of fact is that i am following professional traders at tradingview and here is my little efforts for the community to grow better.
The BIG FLAG is look likes a bullish flag which will rally upto 27,000$ till first week of January then settle down into short correction and then surge again,
Thank you,
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