I am seeing nothing to suggest that Bitcoin has changed into an uptrend. Volume is still falling on upward moves. Stoch RSI has been overstressed and is pulling price downward. VWAP is below price. POC is around 5800. 1W MACD still downward. This move is thin and overextended. I would expect to see a fall to a lower position and a triangle wave to indicate...
Bitcoin has clearly broken down from the bearish pennant, as the bottom trend-line has failed to hold. Currently has support at the 4H 50MA. We need to see if this holds, else we go back down w.r.t the overall bearish trend. If this support fails, I will be opening a short position.
Tom Demark count gave a green 2 on the daily chart. This is a clear buy signal. Stoch RSI is not overbought yet and has room to go. I expect the price to go up till we reach 11600 (fib 0.5) Here is my trading idea: Long at: 8900 Take profit at: 11400 Stop Loss: 8100
If there is anybody out there still alive, it is not too late. BTCUSD has completed an excellent V bottom in it's historic fashion, complemented by record buy volume to boot. 1) The 6H chart (left) formed a clear bullish divergence from 10k -> 6.5k which is nothing short of ASTOUNDING considering price dropped ~40% and RSI still DID NOT move lower! Bears are...
Bitcoin has just completed it's historic bear trend repetition where it dumps back to the ATH prior to the previous bear trend (this one being ~7600 -> 5500). Turnaround was confirmed with the massive bullish 4h candle which has historically marked every single turnaround, complemented with huge buy volume, the likes of which have not been seen since the last...
Hey all, this is for BITMEX BTC Perpetual - Long Super Bowl Sunday, big bull run, the short term moving average (Yellow has a chance to cross over Pink) the long term moving average , " the golden cross" is incoming and for those who want to capitalize, please feel free to do so. EMA 50 Periods = Yellow EMA 100 Periods = PINK Golden Cross = Short term EMA...
Tom Demark count is currently red 5 on the daily chart. This means we can have 4 more days of bear trend. On the weekly chart we are at red 5, which means we can have up to 4 more weeks of down trend. Volume is low and there is too much panic in the market. I expect bear trend to continue till we hit 6K range. There was a huge support at 8200 area but today we...
You can see Bitcoin (BTC) about to move through this key Fib resistance level. Hard to say which way it will break but either way prepare for a major move to retest the 12,000 resistance (which is a brick wall so far) or back down to the lifetime dynamic support around 10,000. Should be fun!
Bitcoin has recently picked up a pitchfork created from the past low at 3k and the previous bearish trend from 7800-5500. It recently moved all the way from bottom to top of the pitchfork suggesting it is most likely to retrace all the way back through from blue line to blue line (as it did). I expect another touch of the bottom blue line on this daily before a...
Sorry for the rough 'squiggle' - but I did this a few days ago. It looks as though we could have a 3rd head and shoulders on the daily, before a dip to 7 to 8k. I'm long on the up, short on the way down.
We're seeing short-term pullback after a huge run. I'm in short 2500 contracts at 11918.95 Entry Price. Don't go long yet. Wait for this to reverse. If you like this, I will keep sharing. These systems have been working well for me. Look for SHORT entries on the red background, confirmed by the 'long' or 'short' signal generated by the HULL MOVING...
Bitcoin is under a lot of FUD for some time now. Some journalists write article in popular journals / blog / social platforms to demonize it, but they do not understand it, nor did research about it. They simply report what they have been briefly told, what the popular opinion (sentiment shifted bearish past weeks) agrees with. Regulators are disrupted, they seek...
Lightning Network will launch within the next 90 days legit Leading up to/starting now the narrative will immediately change everywhere around the _blockchain_ itself and how it's important to develop technology as history progresses and evolves. The implication being one wishes to mitigate interest in the blockchain itself in favour of walled garden, off-chain...
Right now alts are like kites drifting in the wind, following Bitcoin. Unfortunately, Bitcoin Cash is asleep as well, so here we are. Focusing on the main event. So, you've been told $8,000 is coming and suddenly after much reluctance and many failed longs, $10,000 has come and gone twice and five figures remains. There is much danger in this market. Things...
Keep crashing til' futures settle, repump while testing breakouts. I'd appreciate input regarding settings for color blind ppl.
Analysis provided on chart, please post any questions. This is lining up to be a nice Ichimoku Cloud trend (with the current strong bullish cross of the 4h cloud) so all buys on dips/retraces will be placed along the Tenkan and Kijun lines once this party gets started. Trend is your friend. Happy trading! Entry: $14200 (Downtrend line break) S.L: $12600...
I can see Bitcoin on 1H hanging nicely on the EMA's, the 50 and 100 EMA's are getting near the 200 EMA. If we break that we will see a nice breakthrough. I personally will long the break above 200EMA on 5M and see where it goes keep the SL in place 5% maximum and wait for a good entry. BTC has been steady for too long, to many Alts have been jumping out...
Hello guys, Bitcoin is heading toward the last stage of it's correction. It looks like it is following an ABC / Complex correction, that it is going to momentarily brake support* before it starts a new market cycle towards 30k+ after it brakes resistance** So, using Bitmex I am putting lots of small buy orders between 11000-12500 and I keep my liquidation price...