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...
Bitcoin currently making an ABCDE (which is part of the 1-2 waves on elliot wave cycle) on 1 hour chart after it's ABC correction and is gearing up for it's 3rd wave up. Top of the 3 could be the 1.618 or even higher. If it's the 1.618 fib extension line, could see bitcoin going to $19,000+ short term.
As expected from our previous chart, BTC took the way up. Hope you guys took the chance and rode it !
Bitcoin retesting 12K would be the test we need for 2018.
Tom Demark count gave a green 2 on the 4H chart. This is a clear buy signal. I expect the price to continue to rise up to 28 hours. Volume is low and MACD is on the middle. For that reason I do not forecast a new ATH on this bull run. Here is my trading idea: Long at: 14042 Take profit at: 16000 Stop loss: 12000
1D RSI is on the floor, 1H charts show the resistance being the new support. Please leave some comments on my calls. I'd love to learn.
Bitcoin Cash has been lagging the market, making me turn bullish. Personally I don't really like BCH, however, I believe it provides a better risk/reward than BTC. Fundamental Last trade idea I had on BCH was a short. As I wrote on that idea I turned bullish on 6 December and switched my XMR position to BCH. If you want to see my entire cryptoportfolio...
BTC has currently 3 support lines, with a defined demand zone and 2 resistance lines, with a defined resistance zone , considerations: - SHORTS if breaks any support (uptrend supports and normal support) take profits on demand zone if breaks the demand zone , open again - LONGS if breaks any resistance (downtrend resistances and normal resistance) take...
Tom Demark count gave a red 9 on the hourly chart, this is a trend reversal signal. Stoch RSI is oversold on both 1H and 4H charts. I expect up to 4 hours of sideways then uptrend will start. Here is my short term trading idea: Long at: 17830 Take profit at: 19000 Stop loss: 17400 If 19000 breaks I expect a new ATH.
Tom Demark count gave a red 2 on the 4H chart which is a clear sell signal. I expect the price to fall down till 12667 support zone. I think 12667 will hold. If 12667 breaks next support is at: 11842. I never short BTC, I look good positions for long re-entry. Here is my idea for shorters: Short at: 14500 Take profit at: 13000 Stop loss: 15900
The title says it all, but for the sake of our fans, followers, and critics what we have here is the road map to the most epic bull run in history. Bitcoin, the story of the underdog of global currency. Bitcoin went up against every major financial institution on earth. While many from the start looked and said it was nothing, and as time progressed said it...
Trying some new things. Looking for a correlation between the channel movement percentage and the predictability of a high increase breakout. None of this has been tested, but, when we hit the breakout for the next level at the + integer. We may see a bigger marginal increase until the next level of resistance. Lets see how it goes.
To those that asked me yesterday, I indicated that if we cross $11,900 (GDAX prices), that would trigger a short-term buy signal from which we could get a range projection target of at least 800 points. As I write this, we are seeing a gain of 1000 points, give or take, and now the question turns to: "how much higher can we go?". BTC' has ignored the overbought...
Tom Demark count gave a green 9 on both daily and weekly charts. This is a clear trend reversal signal. I expect 2-3 days sideways then the bear trend will start. There is a huge support at 9997 (Fibonacci 0.5). I expect that area will hold. If it does not hold, next major support is at: 8000. I do not think we will touch below 9997 because of the mass media...
As we can see a neutral trend for a while, attention to support lines and moments to re-enter the market. Prices and signals to be careful are in the chart. Hope to see mooning as correction could already happened. Market sentiment is bullish in my point of view with lots of news about adoption. Cheerz
XBT on bitmex failed to break the ATH this morning and due to lower volumes on the weekend we are expecting to go sideways till Ichimoku cloud tomorrow at 5pm. After the beautiful aligator and elliot wave confirmed via MACD indicator, we expect low fluctuation today and tomorrow. Make quick trades and sell approaching ATH as we expect will not be enough to...