bitfinex

Long-term forecast. The train approaches, we leave for $4000 soon

This is a basic chart with some trends and channels that seem to have been taking effect since the beginning of 2017's bull run. I have no idea when will this end or change, but I will maintain it as long as it stays relevant. This is just a personal reference and guide, but feel free to use it for yourself, although it was not intended as a trading guide. I threw ...

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For full commentary, please see my recent blog post: http://cryptowaves.com/wp/2017/07/21/btc-usd-daily-wave-count-update-july-21-2017/

This is one of the possible plays that might occur with BTC/USD at the $2400. A retracement might happen once it reaches the $2400 resistance level. If it doesn't break through it, then we could see a retracement down to the $2200 support level which could develop into a head and shoulders pattern to try and test the $2400 level again.

Bitfinex is about to be Gox v2 Can anyone recommend an exchange that has good margin trading and decent volume?

Hello everyone! On the fundamentals side : I believe the altcoin/token bubble is over. Most of the altcoin charts I see point down and the same goes for Bitcoin. I am of the opinion that this bubble popping will bring Bitcoin down with it (but to a much lesser extend). Also, as you might have heard, Bitcoin has had a problem upgrading due to some miners ...

This is what I'm looking at. We just broke the recent steep downtrend resistance line (lower blue line). Can we break the longer term bear resistance line? The price previously touched this line 3 times and then plunged down. Will there be enough bulls this time? If not, there will be good opportunity to short (but only afrer we are certain we are going down, and ...

There is strong resistance at the 2220 level and an upper channel of 2530. I expect prices to bounce between these channels until the 10th July 2017. The 5th July will determine the direction of any potential breakout, and future trading channel. I suspect we will see a lower high of 2400, and the price will further decrease from there into the 2200 range. Sign ...

immediate trend is bearish but consolidation is ongoing. I am expecting the trend to be broken within a few days. Watch for the yellow resistance line. if broken, we should be bullish for a bit. keep monitoring BTCUSD as this pair is giving the pace of the cryptoworld those days.

there's a nicetriangle forming for BTC. fate is still uncertain but we can expect a road to the moon in the few days. the weekend should see some actions.

Hello everyone! Below I have some logarithmic and some normal charts with their potential support levels. The main chart is my logarithmic BTC-e Chart, which last night held support perfectly. However if that support breaks, we are going to need other charts to get some entries/exits for our longs/shorts. My belief is that we are going to hold at 2200$ for a ...

Personally don't use the ribbon much, but this is interesting. Would love to hear some second opinions. Last few times the daily closed completely outside, hanging in air, we went up. However due to the current state of fundamentals.. I cannot say this is to be trusted.

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Looks like we may retest the lows. Dont trade based off of me, too many factors. Even I am just flat currently.

Based on Dow Theory analysis and my own studying of how the bottoms are formed AND the sentiment of the r/ethtrader community (which is by far the easiest way to gauge sentiment of the majority of ETH userbase) I believe that we are nearing another local (or global) bottom, and I expect the price to shoot up at least $80+ upwards from one of these levels (they are ...

Analysis made with https://cryptomon.io/chart/bitfinex/btcusd/hour#mperceptron, screenshot: https://ibb.co/dFrjea

$BTCUSD $BFX Decision time!