After a long bullish movement in the market, the price fell significantly a few days ago. However, the momentum is picking up rather quickly. Currently, if there are no major drops in price, we will continue the previous trend line up.
This is a semi-neutral view. I hold short positions in Bitcoin, however, regret this decision and already wrote off these losses...
Hey there! Just shifting trough timeframes and notice this interesting fact.
Price on Monthly timeframe broke previous monthly Closing ATH at 13886 and now Monthly Closing price seems like will be higher than ever.
This is awesome fact, because in 2017 we can look at similar output from price.
In May 2017 price of btc broke 2013 ATH Monthly Close at 1102 and...
Has exhibits some strong bullish symptoms and broke the 12000.00 and 13000.00 levels In 15 mins timeframe its trading within a rising parallel channel the price will reach the middle line of the channel and will go up towards 13230.00 level. If its managed to broke below the channel will attract sellers
Bitcoin has been holding steady over the last few weeks. After it's failure to drop below support we got some news today for all of us Long Term BTC holders/traders.
Paypal is integrating Bitcoin, ETH, LTC by early 2021. The news has pushed Bitcoin past it's previous resistance around $12530.
Up next is the resistance levels of $13k followed by $13868. With the...
We’ve decided to add #BTCUSD to our watchlist for the end
of the year.
Cryptocurrency is still fairly new to the market and lack regulation
We normally don’t trade it due to several factors however, here’s the
complete analysis and price points marked out.
It’s currently showing #bulls in charge
But keep in mind the bearish engulfing also...
Recognize that title? No? It's a throwback to the movie Austin Powers Goldmember
Anyway, this is a quick and easy analysis.
BTC has been ranging for the last few weeks with the pattern getting tighter.
Bears have failed to break past $9800 with sustainable volume (Remember $5.8k from the 2018 bear market? Similar to that)
Bull volume has been picking up over the...
Bitcoin is currently stuck in a tight price channel, red vertical(slant) line represent the resistance, while the green vertical(slant) line represents the support.
A possible breakout should see price go high up to $14,000 while a possible breakdown might see price go as low as $8,000, before any relief.
In crypto-trading bitcoin controls most of the other...
Bitcoin has just pulled a move that it has only ever pulled 4 times in Bitcoin's short history so far and it has been 4.5 years since the last time it has made this move last!
Along every single Bitcoin Boom and Bust Cycle there is a key point where everyone always asks anyone "When do I buy? When do i get in?" Well the HODL answer to that is Buy the Dip.. and...
After reaching the 12000.00-mark cluster of resistance were formed at this level. In this consolidation phase we can see the series of pattern shows that the rise and big falling of the price.
The price is trading below the 50,100,200 exponential moving average in four-hour timeframe. Bitcoin has lost almost 2000$ for 1BTC in a single trading week....
After yet another failed attempt at $12k, sell power has caused a market reversal.
From the chart you can see a head and shoulders pattern forming and BTC might retest $9k support line.
However, this might just be what is needed to gain momentum from a new entry point at $9k, shooting us back up to retest $12k.
Hope you have a beautiful day!
In the following technical analysis I am presenting the current situation of the market for medium term period by utilizing highly efficient structure lines and data language.
Please let me know what do you think about it ?
Are we going to breakout bullish or bearish out of the triangle ?
Let me know what is your position on this...