OBV and RSI divergence on the short-term. Looking for a short-term ABCDE correction to around the 8330~ USD level before finding local support. This is not financial advice, just ideas on what traders would be doing in his situation. As always, do our own due diligence when it comes to trading & investing. Good luck and be safe!
1. Price will be in Sideway in this Triangle and down before preparing a BUMP to 9250-93xx Then Strong Down again. 22/03 VIP BITMEX SHORT S1: 899x S2: 9060 S3: 9131 S4 strong: 9250-9300 Target 50-100$ close. LONG L1: 8600 L2: 8700 ..... Target 50-100$ close "Shorting in the rain" - Kenvin Hoang
What's up my people. Seems like BTC is bouncing off the $9 200 level just like I predicted yesterday. Now we need to wait for a confirmation before we enter a trade (SHORT). We need to break 8200 in order to know we will keep going down, once we do then your shorting targets are: $7750 and $7250. If BTC doesn't break from this point then our next possible bounce...
Welcome people. I think BTC is still set to drop. We are most likely seeing a bulltrap related to FA (G20 news). I am seeing the price retracing to about $9200 and then go down. Note that it is possible for the price to go up to $9600 or even $10 500 before we continue the downtrend. I have been calling a drop to $4700 since mid January. But for now the next...
Market makers pushed price up from $7.2k (see target in my previous tweet). Sellers got exhausted, shorts had to close, which allowed #Bitcoin's price to bounce. Obviously, #G20 news on no-regulation was the catalyst for that, but as always TA could have been played alone. We found our first resistance around 8.5k but bulls are driving price up since it still...
With the daily candle reset coming soon (1hr 19mins) I am looking to see where VWAP ends up. We could already potentially be at our peak from this move on a short-term 12345. RSI down-trend channel is forming locally, with OBV (On Balance Volume) reaching a peak, but overall major down-trend since we hit 11,800 USD. If value ends up being above VWAP, I would...
Howsit boys and girls, ladies and gentleman, lets take a look at BITMEX:XRPH18 . we can see a massive long term downtrend creating resistance that is holding strong. We have a symmetrical triangle and a descending traingle both reaching breakout point. Using a 1x leverage will yield you a nice return with your stop loss placed just below at the support from the...
Hello, This is analysis for 2018 year according to Wyckoff Logic. Price looking for Flat range between 8k and 11k. Cross 16000$ will be invalidate this analysis
im longing here NOT SURE IF im taking this one yet #bitmex #ada $#ADAH18 LEVERAGE :20X, 20:1 Risking: 100.00 Chance to lose: 60.00 Chance to gain: 600.00 RISK2REWARD: 10:1
XBT/USD is following the short-term C-D move while we stay mostly sideways in a wedge formation for the next several hours. Looking at divergences for RSI and OBV before $BTC reaches a critical level near the top of the down-trend channel. At that time I am waiting for RSI to hit 80% again before meeting more selling resistance and moving towards the previous...
Don't fomo into these morons telling you we're Bullish. Don't fall into a bear trap. Be smart. Look at the facts. We are in heavy retracement (negative) momentum as we test previous levels after BTC bounced off of the 5800~ USD level. Looking for the momentum to carry us further below the Bearish Gartley pattern we developed on 3/8-3/13 where we topped at 9900~...
Potential entry level at 6200 with stop-loss at 5100. At the moment this looks slightly bear-ish, but after the completion of the last wave, I expect a break-out with very big momentum. For marking profit, use the green line as guidance.
Stochastics have crossed down on the 4h, there's still plenty of room for a move down until it reaches an oversold region. There's hidden bearish divergence on the RSI, a spike in sell volume (as a trend starter) and an obvious H&S pattern that could take us below the 7k region.
Hello TradingView Familia!! This is my first TA so please don't be too harsh!! Can we be seeing a repeating fractal for BTC?? I think this bull rally that we are seeing does not have enough gas to keep the fire burning!! Can history repeat itself and test the $6K area??!! Give a thumps up if you agree!!
Hello TradingView familia!! This is my first post so please take this with a grain of salt! Can we be seeing a fractal repeating for BTC?? I don't think this bull run that we're currently seeing has enough gas to keep the fire going!! I'm looking to buy around the ~$6.4-$6.2K region. What do you guys think?? Can history repeat itself?? Give a like!!
What's up guys, i'm still seeing BTC going to $4 700 if not less. Here's how I do my charts and keep it very simple. I go into more in depth stuff when need be but generally speaking that's all it takes. The quality is still garbage, I'm very sorry. Trying to get in touch with tradingview to fix that problem! Like & Follow if you agree!
BTC 3/8 12pm EST: RC = downtrend / Fib 23% / Falling Wedge x2 - RC channel (red/blue): showing we have left the most recent uptrend - headed down again - Fib retracement: 1 day retracement puts us at the 23% Fib line at 9232USD - Double top: charted yesterday playing out - first set of resistance from that also at our Fib line - Falling wedges x2: it took 2...