A gnarly bear flag has formed. Breaking the bear flag could take us to $8.5K. BITSTAMP:BTCUSD
Bitcoin Next Move. Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan.
Buy and Sell Target( Short-Term) Enter Price: $10410-$10420 Exit Price: $10540 I will not explain too much here, $10540 is my golden price which Bitcoin will hit it soon or later before a big dump and big pump. $10540 is an interception point between every trendlines and channels. All the best and Happy Trading!
If you ask me, I will say there are more bearish signs than bullish ( Except manipulation happens) Explanation: RSI is building lower low, BITCOIN was performing very well from a bullish trend that increase the possibility of dropping further after double bottom. A correction elliot wave will be starting to build. Besides, it did not make a breakout and we could...
I have to say sorry that I posted it late because the re-entry price for short-term is achieved but I have to wait for more time to give you a clearer picture. I hope you have bought at my previous golden entry price. Here is my continuation of previous post. BITCOIN ANALYSIS: $10253 is a price that we should re-entry and also the stop loss premium price. It is...
Bitcoin appears to be in a channel at the moment. The Chart clearly shows that it broke out of a triangle which was at the top of the channel to the downside. The highest potential for the next reversal point is now at the bottom of the channel. Looks to me like BTC is headed back to at least the $8K range in the near future. Feel free to leave your thoughts...
#Bitcoin #Litecoin #Ethereum Hello to all watching my charts. Lets have a look at Bitcoin today. What happend: As shown in my last Post the trendline for long had been in danger /Blue Line / and have been broken now. Thats the reason we can confirm that the jump above the neutral section > 12000 is shure a Fake Breakout. The prices now have been going down...
#Bitcoin #Ethereum #Litecoin Hello to all watching my charts. Today we had the 3 attempt to move above the 12000 resistance and again Bitcoin failed, seems to be that at the moment the buyers dont want to pay more than the level now and dont want to pay more than 12000 Okay next probme is the purple trendline i told you yesterday which is now in danger. Not...
Traders, Here we have BTCUSD 1D chart. Previously published a neutral idea about BTC fight between 6k & 10k and we have a winner here you can check that idea here below: So what's next after 2 confirmed bullish patterns 1st one Harmonic and a Triangle both were with the same target 10k pullback must obey the Fib level 2 and 1.68 and these levels leads us to...
Dont you love it when candles make love to trend lines, they just meander as expected and every piece fall into place? Thats the beauty of technical analysis. Poetry aside, a re-cap of what happened: 1- A steady EMA 2- Slow climb towards 10200 3- A breach of Resistance at 10200 4- A rejection almost to the T on the sloping resistance and the extrapolation of the...
I just have to say - nothing new - Here is the text of my last analysis. I couldn´t belief to see this. Everybody is asking where the correction of bitcoin will end. Here are my thoughts: Requirement: We will not break the high from June 26th. Bitcoin likes the 61,8% level to retrace movements. Additionally bitcoin closed past future gaps every time. In my...
BTC : USD 1D COINBASE In this pattern we see a descending wedge forming. "The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling...
3 Daily chart is looking towards that $8300 region as possible support. We feel that once 9400 is lost we may see a drop into that $8K regions. Don't rush in just yet. Still have an indecisive (current) candle to worry about. Wait and see how we close and go from there post-weekend and opening weekly candle.
#Bitcoin #Ethereum #Litecoin Hello to all watcing my charts. Today i will have a new look to some of my older charts from last week in Bitcoin which i brought to you here and have added the last news. So what has happens: Bitcoin traded out of my shortchannel (the blue channel) but never reached my LONG target (blue Arow) Please notice that in these bumpy...
We just set another lower high, unless the Gods of Bulls charge from thin air expect us to continue meandering down. Predicted moves are still holding with the addition of a tentative support at 9600 failing to hold this on our way down will see us registering yet another lower low before long. We are currently trading on thinner support and resistance range, so...
There are few gaps which are unfilled in CME and hoping to get it filled soon Important Gap is around 8500$ and also having lots of bit at that position Note- This is only for Educational Purpose this is not Investment advice. Please Like, Share and Comment.
BTCUSDT in Daily Time Frame Looks like a Bullish Flag Pattern. The is Still in Progress If pattern Break to the Upside then there are more chances to move Market in our Target. Bullish flag formations are found in the financial market with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a...
We currently seeing a tentative support line at 10400, should that be pierced we may fall past 10000 again and possibly burst past 9700 to set yet lower lows. I would avoid saying we bullish right now as we haven't seen a higher high since the drop below 11000. Provided we don't continue going up the only other ways are sideways and most likely down. As always,...