🤔 Bitcoin is once again showing very bad signs under that 10k resistance. The bears are driving the permabulls insane!!!! 🤣 Week after week after week we struggled to breach and now you can see that our candles are compressing at resistance, never a good sign! 🚫 I have two early confirmations printing on the ema dots indicator down below. 2 red dots forming, now...
Momentum has turned bullish so expect the price to rally up after a small correction
-Trend line is being broken and supported, This coincides beautifully with the Support structure created by the failed HALVING PUSH. -During the halving, Price was forced to stay above the 8000USD Mark. Which is a fantastic indication that price will remain above. -Completed "M" Reversal Pattern. With a beautiful "W" Continuation pattern formation from the daily...
Currently Bitcoin is trading above a minor S/R area and between two trend Support & Resistance ! from here if Bitcoin don't break down the minor S/R level then bitcoin can go from the current price to as high as 10400$(Octuber 2019 & February 2020 High!) if Bitcoin break down the minor S/R level then it will get supported by the uptrend support area(8900-9000$)...
Hey tradomaniacs, welcome to another free trade-plan . Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. Market-Buy: 9330,00 Stop-Loss: 9080,00 Target 1: 9540,00 Target 2: 9790,00 Target 3: 9950,00 Stop-Loss: 250 pips Risk: 1% Risk-Reward: 2,42 LEAVE A LIKE AND A COMMENT - I appreciate every...
one last shot before going down?
Intermediate (2) (green) Structure - Zig-Zag Leading diagonal in Minor A (red). Running Flat in Minor B (red). Impulse in Minor C (red). Intermediate (3) (green) - Expectations Bullish Impulse, Extension in a Rally. Technicals - Favorable Details - Descending Channel within a Complex Correction - Bearish Divergence at the termination points of Minor C (red) -...
I have done a statistical analysis on BTCUSD chart and looks like there's 99% probability that Bitcoin will hit 9973.40 until 11th March. We can expect a pump anytime sooner. Just watch and get ready. PS. I think this move will start sooner but for now, i can say until 11th March 2020 Disclaimer: This is not a financial or investment advice. Remember to...
Welcome new subscribers, Feel free to relate with my trade analyses.. Update me on your running positions. Thank you. Congratulations on our previous massive buy on description below. Happy to share my BITCOIN IDEA And also give 3 potential reasons we would expect a short sell, And buy long, Just my idea thanks! Leave a like and follow for mainly NASDAQ indices...
BITSTAMP:BTCUSD Bitcoin BTCUSD just breaking out above 9000. It appears to have momentum in the hourly charts, enough to to break above, stay above and to close the week above 9000. This is a very significant level for the next phase as it appears as a confirmation qualification for a major rally to 18000. The Weekly BTCUSD chart is very reliable and captures...
As projected, Bitcoin has reached the $8000 - $8500 area. This is a critical decision-making area for BTC. Price can either head higher or decline to $5500 area, as mentioned in the previous analysis. To confirm the major bull run has started, I would like to see price breaches the $14500 level in a five-wave structure. What's your current view on Bitcoin?
Bitcoin price hit the neck line, now become a strong support level. Price rally the second time from there and about to show a daily bullish engulfing candle. Pending daily double bottom to send price to potential new high.
This is the lower timeframe analysis of Bitcoin. While the invalidation level remains intact we should be expecting a rally either short term or longterm. Time will tell! Best, Veejahbee.
Bitcoin is now setting the stage for wave 3 of (3) of ((3)) advance. A significant rally should commence once the current correction is completed. I'm projecting that the upper trendline will accumulate sellers and signal the completion of wave ((3)). Looking to add more positions at $7450 area, while the key level on the chart is where we don't want price to...
Bitcoin started the correction from $13774.7 on 25th, June 2019, and now it seems to have bottomed at $6617.9 area on 25th November 2019. The retracement lasted for five months and seemed to end on the exact day in November, "25th." So crazy how market work. The corrective wave which unfolded has double three zigzag seemed to have found a bottom at $6617.9...