This is the only R:R what I'm seeing now to play out.
Divergence on 4H chart, perfect channel downwards until 9.5k
7% profit target, 1,5% stop.
As you see, the R:R ration is only interesting for BEARS.
200EMA 4H retest and fail -> good for BEARS too.
I'm not sure play this trade...
After a nice consolidation inside this triangle I have pointed out in the chart above (1h chart), we can see that BTC just break out on the down side of triangle, which means the price of BTC will go even lower!
There is an ABC correction in play and we also have the ABCD that needs to be completed!
The Market Cap BTC dominance is also going lower and lower and...
In my previous Daily Bitcoin Chart Analysis, I have mentioned that BTC will likely go down to the 9900 area.
Today, on a 4h chart we have a break out of triangle that will push the price to that zone I have mentioned above. If the 9900 will hold, we...
Let’s take a look at the daily Bitcoin chart! Click the link below for my analysis on the last 24 hours of Bitcoin trading.
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Sofar the priceline of Bitcoin / US Dollar cryptocurrency is following all dimensions of bullish BAT pattern and after forming a double top the drop upto 0.886 fibonacci is quite confirmed.
MACD is turning bearish and Stochastic has also given bear cross form oversold zone but we have one hurdle in drop and that is 100 simple moving average if the priceline hits...
PundiX / BITCOIN
NPXSBTC formed falling wedge . Look very bullish .
Very often I hear good news about this coin.
When you buy, do not forget to sell the order for about 0.0000008 - 0.00000009.
This order will be redeemed from you, and on this you will make a 20-30% profit.
These two are a part of something profitable and unique, soon to be launched(12/12/2018)
Day Traders 1 minute:
Today I will start a daily Bitcoin Chart Analysis to keep a closer track for the King of the Cryptocurrency, known as BTC!
As you can see the BTC was rejected from the 10460 area and I think that will go lower to the 9800-9900 area! You could open a short position with a stop loss above the 10460 area or place a buy order around 9800-9900 area!
I hope you will...
Priceline of the worlds leading cryptocurrency Bitcoin / US Dollar is finalizing the consolidation period and all candle sticks are accumulating between 12061 to 9320 dollars.
Ichimoku cloud is turned bullish after a year since 113 days, when it was last turned bullish in May 2016 then it was remained bullish for atleast 2.5 years and finally in Nov 2018 it went...