With the bullish momentum and currently trading at the strong support bitcoin is aiming for 48K.
48,000 is an easy target for Bitcoin without any major resistance between current price 38K and 48K
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VectorAlog Trade Details
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Entry Price: 38000
StopLoss:...
I think people would like 38k, if this is a bull market we wont get that. I am getting the feeling this is going to run it back to highs at 48k here soon. Its sitting in a weekly demand area, with a bullish MACD crossing on the 4 hr time frame.
With lots of speculation and longs washed with the 20% dip i think running it back would make sense.
If incorrect,...
Hey traders, in this week we are monitoring Bitcoin for a buying opportunity around 44k zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, above is a BTCUSDT updates, Bitcoin have reached an important zone of demand, we will see how the price will react to it before deciding to go long towards 52k zone,
Trade safe, Joe.
Hey traders, in today's trading session we are monitoring Bitcoin for a buying opportunity around 41k zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
When I was looking at the chart of COINBASE:BTCUSD , I noticed something familiair on the chart. In my previous posts I talked about the ascending triangle and the possibility of a false breakout. That false breakout dream seemed to be false however I think we're looking at something which forces us to flip our opinion yet again.
When I look at it now, I see a...
Hi all, Bitcoin has been out of its ascending triangle for almost three days now. We've seen the false breakout to the upside which has been followed up by a break of the support line of the triangle. Now in normal cases this is clearly bearish. In the case of Bitcoin however, this is a bit more complicated.
In the previous posts i've spend some time talking...
COINBASE:BTCUSD is bullish and here is why. On the hourly chart, we can spot a ascending triangle. We have a rising support line and a horizontal resistance/support zone on top. At first it looked like the triangle broke bearish. However, this turned out to be a false breakout and the price quickly rose to resistance. Bitcoin flirted with the resistance zone for...
Chart update. BTC is going to be lagging behind ETH for the time being. ETH/BTC is starting to turn up and as long as it continues it will dampen moves to the upside in BTC.
On the Day time frame we have
1. MACD that is flat
2. RSI coming off these low and confirming divergence
On this 4 hour chart we have.
1. MACD in flat territory
2. Mini Wedge forming
3....
BITFINEX:BTCUSD BITSTAMP:BTCUSD COINBASE:BTCUSD WEX:BTCUSD
A poor bearish ABCD, at the back of a double top formation in the daily chart, a poor candidate for long, without a good consolidation..
Not taking trade, testing strategy
