We had a nice rally but don’t forget we are still in the holiday's mode.
During this time the general interest thus volume is getting smaller.
It happens especially in August when people from the northern hemisphere are on their holidays and they don’t think about crypto but about food, beer and swimming pool.
As we previously claimed we will stay in...
BTC / USD TA
Sure we can start panic selling here and begin concluding that Bitcoin will automatically dump after this statement, but what if we just hedge our positions? Perhaps increase your risk on each of the positions due to possible flash dumps pumps but don't exit out completely.
Just think about it... Doesn't it look almost too easy? I think it's worth a...
BTC / USD NOT TA
This is not a TA and it will never ever happen, unless it happens.
In short... this is a gigantic bull pennant targeting May 2020 Bitcoin halving, enjoy!
This is not a financial advice, just a shorting advice.
As BTC looks bullish again please be careful.
To be 100% we go any further we have to break $14000.
As you look at the WBM BUY/SELL indicator the price/sentiment is getting saturated.
Its level is not very high and we may go a bit higher but we are close to the correction. AGAIN.
Entering now may expose you to losses.
Be patient and don’t...
What if the last top was not a Wave 5, but a Wave 3?
I think this is very likely. Why?
If the last top was a 5, we would have had to correct deeper.
Normally the correction should have went down to 0.382 (~7200).
Then 12345abc would be completed.
In our case, however, the correction did not even end at 0.5.
She stopped at $9,000.
What's the meaning of...
Five questions that everyone should ask themselves, regardless of whether you are a day trader or a long-term investor:
How likely is it that BTC will fall to USD 2?
How likely is it that BTC will fall to USD 200?
How likely is it that BTC will fall to USD 2,000?
How likely is it that BTC will rise to USD 20,000?
How likely is it that BTC will rise to USD...
BTC / USD TA
Short term we can expect to see $10,700 Bitcoin however in medium term we are still highly bullish. Overall trend has not flipped bearish just yet and we're also just weeks into golden cross on daily time frame.
In term of whether you should place a long here or not, it's up to your risk preference. If you're looking for safer trade,...
Just when the world went bearish, BTC said NO... bring in the BULLS.
I bet you have all heard the Crypto saying PAMP IT... that is exactly what it means... RUN WITH THE BULLS! And where is that done? PAMPlona, Spain!
We are in a wave 4th subwave at this present time, and then the 5th subwave to complete the 3rd internal of the...
Whats up traders?
In the last BTC idea we bought Bitcoin to the upside and made some good gains. I hope some of you guys got into it and made also profits!
Guess what? Now we selling it down. Buy low sell high you know?
With my analysis i think we can break the lows on BTC to the downside for a target under 7.800 USD.
Wishing you guys a great rest of the week...
BTC / USD TA
We are looking at local death cross. Worst case scenario would be $8,800 zone for us however that may not happen at all. Trend is overall bullish and directional longs should stay up. As seen from fractal of 2017 bull run, we had similar pattern back then however at time of MA cross, we've already found local bottom which proceeded by sideways...
I have been trading this bullish fractal since first noticed on the 16th of July and have just closed 95% of my shorts from 11,077 for >1000% ROI (Bitmex and Deribit). I have started opening longs from 9650; and still have buy orders placed as low as 9460 in various intervals; though I believe we might only go down as far as the green support line at 9560. I have...
BTC / USD TA FRACTALS
As we see from chart above, we should be entering phase 4 shortly if we manage to maintain current parabolic curve. It is also indicated that within next few days parabolic rise should resume unless we see strong pull back in which case we will see $7,500 again or around that area.
. There is a possibility of temporary retracement to suggested support line (9325.90). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
A while ago I did a fractal comparison between BTC and gold, because a few people here on TV and me noticed the incredible fractal similarity between the BTC behavior and the gold behavior.
Of course, the timescale for gold is far greater, since gold has a much higher marketcap, thus doing everything much slower.
But in principle, the charts look really...
BTC / USD TA
We are looking at very strong support area at 50,100, 200 MA WEEKLY. If we were looking at fractals we would be expecting to see another minor drop followed by an enormous uptrend starting around Q3 - Q4. We should keep in mind that 2015 and just in general all other prior bull runs when compared to 2019 are completely different times even though...
I made some adjustments, but I can confirm now the ABCDE triangle, now I can say that the D wave is completed, and we are starting a E wave. So we are close to the end of the wave 4.
So be prepared to a rocket jump for a wave 5 uptrend!
Tell me your thoughts!
This is not an investment advice, invest at your own risk!
Previous target was completed: $11800.00
Next target $7500.00 (Global Plan Bitcoin)
1) Bitcoin CME Futures
We have one Gap from $8500 - $9000
in 95% of cases, the market usually covers such gaps with the shadow of a candle or the body of a candle....