Bitcoin Cash Bitcoin Cash is a different story. Bitcoin Cash was started by bitcoin miners and developers equally concerned with the future of the cryptocurrency and its ability to scale effectively. However, these individuals had their reservations about the adoption of a segregated witness technology. They felt as though SegWit2x did not address the fundamental...
Good day to all profit makers! If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you! - After following the ETP-1 XABCD Pattern, This is the pattern that I would be looking out for - Consult the chart for more information. - Note: - This is just my current idea. - I am not a financial advisor! and...
Hello all, Going into this week, tensions and uncertainty is high in the USA. This may cause a scare in global markets. After looking more into BTCUSD, I found this similarity from the last BULL cycle. While looking at the charts, we can conclude a Head & Shoulders pattern is evident (red pattern). This pattern looks identical while comparing it to June 2019 to...
Hi guys! 👋🏻 🔔 Bitcoin continued its movement in an upward channel and today broke through an important resistance at $19,500 🔔 Must stay above 19,500 to continue the uptrend. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Bitcoin is farming Head and shoulder in 1 Hour Time Frame if this happens than surely 16000 is on the way. keep on eye in it.
Could just be a big double bottom consolidation phase before boom boom diggity. We are going to have to buckle up and see what happens. Printing more USD will potentially add more fuel to the fire(Most likely they do a lot more printing). I am no financial pro/advisor just a dude who enjoys drawing lines on charts to see if maybe I can tell the future in my own...
Entry 9030-9090 TP1: 9350 TP2: 9400 TP3: 9520 SL: 8855
Bitcoin is moving up in what might be looking like a bearish rising wedge pattern on the 1H Chart. Entry, SL and Targets are on the chart. Seems like a risky trade but worth taking for me. I still think we will see prices in the 7.1k- 8.2k regions in the next few weeks but Bitcoin might go up to 9.3k-9.5k if the current setup fails. Pumps are for shorting. Good Luck!
Loot at chart! And keep in mind... -Unemployment growing globally. -An avalanche of bankruptcies to come soon. -People need cash to buy food and daily necessities. -If corona wave 2 is bigger than the 1st wave, things might turn more difficult. -If US stock market doesn't recover and keeps dropping it will affect all stock market and economies globally. -Bitcoin...
Action 1: Up-Major Parallel Channel (X) Down-Minor Parallel Channels (Y) & (Z) Looking at both channel (Y) and (Z), it turns out that there is a SLIGHT different between it. Action 2: Used two Rectangles(i & ii) to measure the movement. The length & width of both rectangles are the same. The point where used by rounded...
Forgive the sloppy drawing but the point is clear. It seems like Bitcoin has peaked this time at around $8,996, failed to break $9,000 and break out of the downtrend or the 200MA. This current trend is eerily similar to the 2018 bust.. lots of selling with the occasional bear market rally. Bear market rallies are quite common, especially in stock markets...
Major resistance line at 8583 (magenta line).. Doubt it will break through right now but if it is it would be a good time to long 🤞🏻🤞🏻💸💘🚀
Watch for a rejection of the $9600/9800 witha re buy zone around $7800/$8000.