Bitcoin Has a Head and Shoulders Pattern and now it is looking to make an correction . Keep watch out.
After those "spoofing buy and sell walls by end of major holders in front of us is Bitcoin main resistance level (8000$), which is crucial and that will most likely be trend reversal point. All the levels were eaten so to speak so far (despite we uptrend from 3156 to 8300 at peak on Binance) which is actually 263% without single " serious correction" now its the...
Stay away from Bitcoin at this point (7800$) as we can see a big dump fall back to 3500-4500 in next few days. As per my analysis, am waiting for this when it touched 5200$ but it grew upto 7800$ in last week. Recent growth is completely fake & manipulated price because recently binance got hacked and 7000 BTC (40+ million dollar) we hijecked in this activity. We...
Again, I'm here to give you a little overview of the current market situation. The market is very weird, BTC flying, altcoins are on the downswing (today they have started to make first steps to higher prices), the BTC price has cracked strong resistances after another, etc. Just to bring technically good levels, I'm here to make a little technical analysis....
looking at the chart of BTCUSDSHORTS ratio Against BTCUSDLONGS we are seeing that it is pretty much where we should long! because 60 percent of people are in short (on bitfinex). also longs it self are very low compared to 2018 market(i will add that to this idea later). so looking at this data and using them as indicator was really helpful to me but in this...
i am specting another push to the up side to start filling my short postions every red line is a short entry and if we reach the super mega hard resistance i will go all in 25x leverage position lol this is no financial advice im crazy
We have an OCO being finalized within the waves of Elliot With the news about Bitmex using the balance of customers in Tether could cause the BTC to fall by breaking analytics
BTC/USD chart on coinbase doesn't look good. I would expecting a double bottom to form around 3.4k level or continuation to 1.7k. Defense is the best offense. Blue triangle indicates the current range. Green box is buy. Red box is sell. Blue line indicates potential support/resistance . Red line indicates t/p. This is a log chart. This is not financial...
When Bitcoin Broked the neckline of d escending pattern nobody beleived it will touch around 3100 and than the prices rised a little up because everyone knows that nothing goes straight up/down (Correction) . AFter that it made a small but "STrong Ascending channel which it broked bluntly and made prices straightly to 5000 from 4000 that break out made...
Hi fellow traders! We have recently seen BTCUSD rally over the past couple of days after breaking out of a consolidation zone. This has led to a rally of BTC approaching around $5500 USD at its peak. Looking at BTC now on a weekly time frame, a doji star has been printed - to be specific, an enormous evening doji star (highlighted in green). This is a sign of...
i do this to Monitor peoples Shorting BTC to try to identify where they can push up again and make a bear trap. Shorts broke their up trend. They stay under Ichimoku Red Snow. Rejected on EMAs 50 and 100. following a rude downtrend. BTC still in a good mod for now. Happy Tr4Ding !
Bitcoin gave a huge rise to 5000 and stopped just at Tenkan Sen Ichimoku Resistance, which gives us the opportunity to take advantage of it and get into a short position. The weekly candle of the Bitcoin (not yet finished this week so this can change) in the form of Doji that it can be an indication of a change in trend The general trend in the weekly and monthly...
BITFINEX:BTCUSD is clearly a more interesting asset recently with a 16 percent surge in just one trading day. Another asset that displays similar attributes is oil. Both should be considered risk-on investments given the beta or variance (assuming a normal distribution in an ordinary least square model) which both assets display. While oil gives us more insights...
We can see that the RSI is overbought and in all of the bitcoin history there was a correction correlated with bollinger bands, rsi and momentum. It s the perfect spot to get some profit and short bitcoin. I recommend also to levrage this short if you want to get more profits. Correction is on the way. Pullback to 4500$ - 4700$ Then 6000$ (maybe in may)
Confirmation: 4978.55 Invalidation: 5081.37 Type of Trade: Countercyclical (EMA50 above EMA200) Target: 4706.31 TF: 15MIN Leverage: max Pattern: Descending channel
The situation on the futures market is positive: Impulse demand Contango. Demand on the next contract Increased volume Fading of the movement is possible in area 5000. Please be careful! It is possible to open a medium-term short sell from area 6100-6700 in case of growth continuation. Values of the price 5400-5700 - a zone for short-term sales. I...
Purely based on technical oscillators, BTCUSD is overbought. Moreover, the massive increase in price action variance underscores how volatile and uncertain BTCUSD is. Short- and medium-term could see previous resistance as support, but in the long term it still doesn't make sense to invest in this alternative asset class.
With stochastic flashing overbought and RSI headed in that direction, some technical oscillators are showing that price action is reaching the upper limits of its bullish momentum. By the way, that bullish momentum is weakening as time progresses which can be seen by the weakening of one day change (bottom oscillator). Sentiment indicators also suggest the crowd...