Market in last 24hrs
BTCUSD saw a downtrend with midline changing from support to resistance
Price volatility was very high. The market moved ~6.39%, between $13.71k and $12.89k
Today’s Trend analysis
BTCUSD expected to see a downtrend as the price after getting the midline support soon turned into resistance to see a downmove
Price at time of...
Bitcoin - Intraday - We look to Buy at 12821 (stop at 12628)
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Rallies should be capped by yesterday’s high.
Trend line support is located at 12820.
We look to buy dips.
A lower correction is expected.
50-hour EMA is at 12905.
Looks like our beloved BTC could have 3 possible scenario:-
Scenario 1 - BLACK (Possible Considering on weekly chart we can still go higher)
Scenario 2 - RED (Possible Considering on Daily chart Dont have space to higher and market needs to cool down a bit)
Scenario 2 - BLUE (Possible Considering BTC has a long term channel to follow)
Rest, No one is a...
Market in last 24hrs
BTCUSD saw an uptrend with price riding the upper band
Price volatility was very high. The market moved ~5.92%, between $13.86k and $13.08k
Today’s Trend analysis
BTCUSD expected to see a downtrend as the price after riding the upper band got a rejection from the upper band with Bollinger band expanding and lower highs observed
This is merely a speculative theory on Bitcoin's next potential move.
I trade based on confirmations provided, rather than predicting Bitcoin's future price action.
The future is something we need to prepare for, rather than predict.
In this post, I'll be providing my own theory based on a combination of Fibonacci Time Zones, and technical...
Who doesn`t see the correlation between Bitcoin and the stock market, i think it doesn`t pay enough attention to them.
The same guys and institutions who buy stocks, diversify the portfolio into Bitcoin, so the buying and selling pattern is similar.
Seems like the fact that Paypal accepts Bitcoin is now enough to determine the price to rise higher.
Are S&P and...
It's amazing how zooming out gives you perspective on the price action. The way I see it we have 3 key price levels at this moment.
6400 level : This level has been providing support for quite some time and has been tested quite a lot, the break below in March was quickly bought up again and we are back in the range between this level and ...
9200-9300 level :...
Bitcoin has shot around $1 500 higher over the past week, reaching a weekly high of $13 200. The price of the leading cryptocurrency has dropped slightly to $12 900 as of this article’s writing, just shy of the highs and the pivotal $13 000 resistance level
Three Fundamental reasons why Bitcoin is moving higher
The global markets are pricing up in an...
Bitcoin price established Rising Flag, where we can expect a short-term price growth to the 13500ish zone. I will expect pullback from resistance zone down (as usual to rekt easy longs) to 12800 before any significant move upside.
Stay tuned, this is Artem Crypto
In this post, I'll be analyzing Bitcoin's weekly chart, demonstrating why the overall trend is extremely bullish.
- To begin with, it's important to note that we have broken out of the descending trend line resistance on the weekly chart (marked by the blue trend line)
- This is a trend line resistance that valid for over 2 years
- Now that we have...
Well today i noticed that i found 3 points when btc pushed to 12k+ so i made a simple line, i just cloned this line and tried to place it down making a parallel,
so i discovered a kind of new trend, and this trend could be a 'possible one'.
- Now BTC is flirting with the daily 200EMA (Red one) and for now, this EMA acted as a good support around 10 000$.
- i used...
Dear Traders and Hopeaholics alike,
as the self-proclaimed President and Founder of HOPEAHOLICS ANONYMOUS (or HA for short) I gave you this chart...
Right now AGAIN they are going to be reading this post and shouting HA HA HA HA HA everywhere I go. But as the President and...
Thanks for all the comments and likes on my last analysis here.
It played out quite nicely from that lower zone. I have not yet sold my spot holdings as we are in a bull market and I don't think that the rally is over yet.
Here is a new analysis as to what may...
Here we see our Binance Btc chart having hit 13300 (just like my chart from 5 days ago predicted , I'll link below ) and will probably see some retrace . But is this it ? Is that our high for 2020 or will we continue up after consolidation again ? I have to look at the big picture here . Our low last year in 2019 was around 3150 and then this year 2020 after our...