Bitcoin failed to break out again and it looks like we have a double top. Will be confirmed if we break the neckline.
Analysis - RSI is looking bullish - Increasing Bull Volume/Decreasing Bear Volume - MACD is bullish Target is the 24 EMA on the 4hr chart. A break above $4200 would be a short term reversal.
After the Bear crashes the market for the last couple of days, they are out of fuel and currently the bulls are raging. We might see some gains over the next couple of days. *This post is meant to be informative. I am just giving back to the cryptocurrencies community like what other people does. I do not have a crystal ball to look into the future. It is just...
In an eerie repetition of the recent trend, bitcoin has little or limited movement over the past 3 days. A potential drop is coming. *This post is meant to be informative. I am just giving back to the cryptocurrencies community like what other people does. I do not have a crystal ball to look into the future. It is just information that I am sharing, and not...
BTCUSD now on LONG mood, bcz BTC have now Support zone with 1.61 fibo level,
In a surprising move, the whales are not buying BTC/USD at supposedly such a low price. A closer investigation to the market shows that there are several other cryptocurrencies that are performing much better than BTC/USD ZCO/BTC has gained more than 40% and TRAY/ETH has also gained more than 40%. We can reasonably guess that the whales are not putting money in...
Alright everyone so as per the last analysis we have finally got a small bounce to stop the blood with a $500 green candle on the hourly. Short term play here could be an inverse head and shoulders patter + we have the bullish divergence on the rim quite clearly. Heres my play Buying here at a price of $4,585 and stop loss at $4,295. Target $5,600. Risk /...
BitCoin is going through a period of extended Bear Run. Those who have been following bitcoin would know that the current year has saw some prankster trying to pump bitcoin up and down via dumping 16k of bitcoin throughout the year 2018. The trend has all been messed up by whoever the prankster was. And the lack of movement from the other whales is most probably...
Hello crypto enthusiasts, I appreciate you taking the time to check out my chart. This chart is a recreation of a chart I created back on March 31st, 2018. At the time the chart was included as an image in the analysis of another chart that I published. The chart I published was of the 2013 to 2015 Bitcoin market cycle, because I included the 2017 - 2018 chart as...
Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries.
Not getting into any position yet! - Watching this trend unfold... - LONG: ~ 6485 - STOP: ~ 6458 *Keeping an eye on RSI - if we breakdown // we shall fall - Don't FOMO IN ANY LONG UNDER 6500 I LIKE... BUT ONLY WITH A TIGHT STOP && LOW LEVERAGE! Will be sitting flat // monitoring today & tomorrow All - Love
Analysis - Volume is looking good for the bulls, though it needs an increase as it creeps up - MACD is still flat but flipping bullish. - We are making HIGHER LOW'S while the resistance is pretty obvious. I wouldn't be surprised if we pull-back to retest that bottom trendline. As long as Bitcoin grinds up against it, we are in the clear. Bakkt news is due out...
Been a slow month for crypto and I've been out of position just waiting for the trade to come to me. I'm sticking to playing the overbought/oversold bounces. My target is the 12/24 EMA which is roughly between $6360 - $6440. The sooner it moves there the better since as time goes on it'll just get closer to where we are now. I'm also in a small ETH Long from $194...
Bitcoin has had its ups and down and it has been hard to predict when trends may end for some and with that I am releasing my work on sacred numbers and indicators. It has built in Volume Weight Average Price which turn green and red when price is above/below. Checkbox to enable extended VWAP price areas for future support/restistance use. Envelope Fib 35...
Weekly Bitcoin Update Analysis - Nothing much to say to be quite honest due to the lack of volume and volatility.Bitcoin has been just ranging in the low $6 - Bitcoin has broken through the short term trendline and was rejected at the 24 EMA. - The Weekly chart actually looks good and I can see Bitcoin retesting the mid-$6600s by Friday. Sidenote - Volatility...
Ascending Wedge on the 4hr has been forming for the last day or so. Nothing too detailed here aside from playing the pattern and watching the volume levels. A move should be occurring soon enough. Should it break the 24 EMA then it will be invalidated.
Bull Divergence on the RSI on the lower timeframes + MACD Bullish = Possible move to the upside. Not going into a detailed analysis as I always play the bounce. Resistance is marked right above. Opened at $6190 with Stops at $6035. Target is the 12 EMA on the Daily.
Weekly Wrap Up Bitcoin 4HR News - US SEC Sets October 26 Deadline for Reviewing Nine Bitcoin ETF Applications. (cointelegraph.com) - 54% of Institutional Investors think Bitcoin has bottomed. (cointelegraph.com) Analysis Bull Scenario - Bulls hold $6600 +- $20. - More consolidation and it pushes up to test the 200 MA. Lots of resistance from $6640-$6770 with...