I spect some months of stabilitation for btc in this price range between 900-1250$ with a possible triangle in the making, for a nice and stady bull run in summer to new ATH (my target based in fibonnaci is 3-4.5k for the end of 2017). Simple chart and TA. Good luck everyone.
If Bitcoin reaches 1280 USD and is not going to correct soon, that in my opinion might indicate early stages of H&S pattern forming.
if we stay in this channel for the 6 years this is how things might look.... highly speculative chart.....
As usual, beware downward breakout, especially considering the news and the ethereum stelaing the hype lol, but bitcoin will always remain bitcoin, should have a place in a trading portfolio. The double bottom is pretty nice, I think it just want to confirm the 1000 cap, as for the target, once again how long can you wait before closing position, if you can wait...
Please do not trade this without your own TA. I hope that this can help with target pricing :> Forecast is made using simple S/R and measures. I have yet to explore the possible downside of this , so I will confess that this is very bias.
We're near the top of the pitchfork. Expect a drop, go for your sell positions but not for too long. Ride the wave up at the bottom of the next little crash, until 1st or 4th of July. Will be a good 4th of July. Remember, we're at the ATH. We've had a massive 3 year cup for a C&H formation. The handle is being created over the next few months, so don't expect...
I expect the price to float above 1200 as we wait for SEC to announce the ETF outcome this Friday. This is a good opportunity for a very short-term long. Be on your toes at all times. Good luck trading!
Looks like we might have found the bottom of the current downtrend. Positive divergence on the RSI. Confirmation could come from OBV breaking the downtrend line. Considering the ETF announcement is probably less then 48 hours away, buyers are likely willing to return.
We're approaching an historical convergence – between the active bull trendline and the current all-time-high. Price will either break through the bull trendline and initiate a bear trend, or it will bust through the yellow line to form a new all-time-high. I've entertained the idea that Bitcoin might be over it's high-volatility days, and that may very well be...
no idea if i have done this right or not but drew it about a year back and still following the same channel... although a very large channel id like to know how to refine this to be more accurate
This is my first chart and I am just curious to see this long upwards trend.
BTC/USD BTCUSD Was decanted to the upside after a weekend of very ugly Sideways & Traping Market Expose a complete of CD Leg and any retraccement near (B ) point will be the excellent oportunity for Demand this Asset. BTCUSD Is testing key Ressitence at $898 AREA @38%"" from $1161.47 High to $744.57 "" and we can see a kind of INVERTED H&S...
BTC is in a descending wedge, will likely bounce of previous supports that were important on the way up in the rally. Each bounce presents a trade opportunity. Chart is self explanatory. BITSTAMP:BTCUSD See my related ideas below. Thank you.
So it looks like we took the low road. Mainly because of margins that got called in August on several trading sites (BITFINEX) which blew out the previous bottom. Bitstamp and other exchanges had to follow or risk losing on arbitration. This is only a bubble prediction. Bitcoin still isn't mature enough to prevent over inflation of its worth. After this next...
Traced green line stand for main trend continuation on the 4 hrs. Some little corrections could happen as already did. The purple line is the 1 day timeframe uptrend support line (1D chart is not shown in this picture) If the trend keeps going over this line in the 4hr the uptrend is confirmed and strong. If any under the line correction happens set your SL and...