If you're looking for a bullish bias for Bitcoin then take a look at the Daily chart. After that massive impulse move to $10.5k price has been slowly grinding it's way lower and lower to where price is chilling out now at $8.8k. If you're looking for a time to buy the pullback of that impulse move now may be you're time. There is a pretty obvious falling wedge...
Bitcoin bottoming from here is likely due to signs of fractals and bullish divergence at the oscillator which are the MACD and RSI. Inline as well with CCI (Removed it so the chart is not congested). Inline with Elliott Wave theory and its subwaves finishing along with Fibonacci golden ratios 61.8 matching it. I see 2 possible bottom. 1st support box is the...
BTC BUY OPPORTUNITY: The market has secured Very strong bullish momentum so we can place our stops relatively close to the entry price.This will allow us to have a better RR ratio.However we must take into account wickfishing when placing stops and TPs. I would place multiple entries for this, with stops at break even or a small loss, keeping our RR high in the...
BTC WXY (3-3-5) correction is over. It is a good time to buy Bitcoins. Expect new highs.
- Bitcoin Price Update 17.09.2019 - Did Bitcoin Bulls already lost the fight? Price is now trading again towards 10k Support, below yesterday's daily Candle Close. Daily Stoch and Weekly Stoch are still heading down. On Both Timerames the Stochastic is divergenting and accelerating to the downside. Price action is currently flattening out squeezing all...
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...
Hey cryptomaniacs, I will not talk too much and let the charts speak for itsself. Watch the update-section to see every evidence. And as always, this is just my view in terms of technical analysis. KNOW that BITCOIN is very volatile and risky - TA doesn`t matter sometimes here! ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate...
BTCUSD (BitCoin) Looking for a range bound and triangle setup while just waiting for volume to come in and take the move up! Predicting that BitCoin trades into a bit more of a tighter range until we see a breakout! I am expecting a breakout to the upside but it looks a little slim because it is holding below the 200 day moving average which is definitely a...
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Hey tradomaniacs, not much to say here - I think the chart speaks for itsself! :-) I expect a retest of 11.500 and a rally back to 14k in order to retest the markets reaction. --------------------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any...
Bitcoin here at $9639 is looking like a great buy its very over sold on the RSI with it hitting below or close to the 30 on multiple time frames. We have established a high at 10227 and now we should be looking to establish a lower high and It looks at if we might be at the low.
Bitcoin on the hourly chart has a bullish divergence right now with a double bottom where to buy. Higher low in price - lower low on the RSI. Buy : 9,070 SL : 8,920 TP : 9,450 or hodl
BTCUSD HOURLY COINBASE Hey Followers here is something special just for you. BTC is on another tear and pullbacks for entry have been hard to find, but right now we have a very good one. It has recently broken the $11,000.00 (Red Horizontal line) level, then pulled back to retest (Hit) the Horizontal line. This the start of is a classic ABC pattern, Advance...
Based on previous pattern market will hold at MA area or head back down till it makes contact with lower Bollinger Band - Support area. No worries. Upward trend line still intact.
Buy above 12858. Stop loss at 12348. Take profit at 13748. Reason for the trading strategy (technically): Price has reached our selling area and dropped down perfectly to our profit target. We look to play another bounce above 12858 support (ABC Fibonacci extension, horizontal swing low support) towards our resistance target at 13748 (Fibonacci retracement,...
The past few days have been quite booming for the altcoin market, which makes me think about the tides of the seasons. A lot of people around the world have spent their holidays with their friends and family, and I can imagine a lot of conversations would be about Bitcoin as it has been getting a lot of attention in the mainstream media lately. I can only...