✴️ BTC Update What's been going on since the stream yesterday, not much, guys! Bitcoin is still around 6800 after consolidating its rise in a short-term upward triangle pattern. The low TF technical situation is rather positive as well as the daily outlook. On the 4h timeframe, the indicators show signs of bearish curves but without any crossover for the...
✴️ BTC Update #BTC_Update What can the market do for us today? Well it's very simple! Today Bitcoin can bring us confirmation guys! Indeed, remember yesterday's analysis at the end of the session? Bitcoin was just testing that 6387 resistance level. This short term resistance is now broken with a BTC currently pushing 6850. If Bitcoin manage to close 4h above...
✴️ BTC Update What's new after that weekend in lockdown for many of us? As I told you on Saturday, Bitcoin had bounced back to the 61.8 zone - 65% Fibonacci retracement, a trade could still be opened but given the amplitude of the bounce (~12%), it was becoming more risky. This zone nevertheless held and the golden pocket once again served as a support for the...
The BTC price has never reached a close below its 200-week MA (having come close on January and August 2015). The current weekly close is below the MA, albeit only incrementally. If we assume that the price fails to clearly reclaim it, it is likely to go down from here. The white dotted lines outline the current range of $4200-$600, while the black lines...
Show me the chart and I will tell you the news! Covid-19 is a serious issue and as such we all should take proper care to make sure we don't get it first but also that we do not spread it should you God forbid catch it. That said, I don't think this drop had anything to do with Coronavirus fears as the chart sort of speaks for itself in my opinion. But according...
Bitcoin on way to increase to new level, as expect.
I had to change my prediction due to the fake volumes which been added by Chainx.kr , omgfin.com and seems like few others their market manipulations caused my algorithm to be less accurate then it used to be , its still over the 65% but it was over 82% , 5 weeks ago . by adding the fake volumes and detect similar types of market manipulators them to the...
Think we see 315 Billion soon, then 352
Welcome at Bitcoin Daily update: Price in the nice uptrend channel and right on top of it we see Bearish engulfing structure: I will buy any dips within current range down to $8000. Targeting to $9800 and $10800 in mid-term. Previous Daily update:
Using a 50/200 MA I've laid out time frames between the various occurrences of golden crosses, death crosses, and halvings. Wanted to share with the community and see what theories any of you may have from seeing this and if you're noticing any patterns.
Bitcoin is going through a correction after a rejection happened yesterday at 9200$. Now the question is when to buy bitcoin at what price point? Let's analyze 4H timeframe: - Bitcoin broke down from rising wedge yesterday, rising wedge neckline should act as resistance for a further drop. So we need to see how price reacts when it tries to break above 8800$....
Last week was much productive for bitcoin: price rallied to 9200$ and then dropped to 8400$ followed by a huge sell-off. Despite sell-off on the last few hours of the week, bitcoin managed to close the week above the PREVIOUS week high at 8600$. 8300-8600$ should act as weekly support for now for bitcoin for bullish continuation. Bitcoin also closed the week...
Hi guys! Based on my previous analysis Bitcoin has reached critical resistance point. Bulls have still power but we need to wait what is gonna to happen now. Breaking 200 DMA will move price of BTC to 9500 hard resistance (mirror level) - I would say to the line between bull and bear market. As I mentioned before If it stays above 9500, we will never go back...
Let's see how stable that bottom really is. As always, this is your signal analyst, Krewbacca_xR. Shutting down fake analysts left and right with these two hands.
There's a lot of analysts supporting this Wykeoff strategy. Perhaps a bit of a clickbait? Trade Tag: Wykeoff's Nightmare Position Type: Short Margin: 1% Leverage: Cross Entry: @7950 Exit: @7156
Be careful trading Bitcoin. We are at dangerous levels of inflation. 8100 is resistance, crash may be imminent. Set your shorts carefully, shakeout will happen when Chinese market opens. Thank you for reading. -dysonring2050
i expect bitcoin will breakdown hard after MT Effect. see my before Gold chart update.
Reasons for open position. 1. Recent pump was unable to close above significant resistance @ $7400. 2. Consolidation significantly below recent high. This analysis is invalid if a 1hr candle closes above $7400.