A whale purse sold 10.000 BTC yesterday and the price fell dramatically. You can track his activity here:
bitinfocharts.com
However it was expected that something would happen as soon as Bollinger Bands contracted close to each other. We faced with a dump. The price managed to consolidate a little below Fib 0.786 support level and now it is resistance.
Probably...
BITFINEX:BTCUSD BUY
Hello traders we have head and shoulders pattern on the chart
we must see clear breakout of the neck line and after that buy
so wait untnil it breakes and then buy
targets on the chart
All these FUD and exchange rate fluctuations will last till the end of the month. The price will broke out of the triangle upward or downward around 22th of March. It will be a crucial moment for BTC. The price currently went back to the triangle and bounces from Fib 0.786 level. We expect that new wave of growth will start within 1-2 weeks. Hold your BTC and buy...
Daily BTC Upadte
I don’t think we are crashing or Going to Zero.
In my education piece yesterday, I said I thought there were a lot of people trapped in losing positions up higher, some of them I think I getting frustrated and getting out. I actually predicted this in my fist BTC post on TV
“If we break the 200 ema and close above I would expect a pretty quick...
Iceberg orders, stop hunts, the list could go on. These are all tactics they use. Now the price is headed back up but without you onboard. There was a time when only nerds were buying BTC or maybe those who wanted to buy something on the Dark Web. However, now you're playing with big banks, whales, financial institutions. You gotta know the enemy. You gotta know...
Plotted this yesterday afternoon and woke up to find $BTCUSD playing nicely right along my lines.
Overnight she bounced right off my 4th wave prediction, which makes me quite happy as a brand new trader in the space.
Now, we wait to see if my 5th Wave is completed, or whether BTC takes a cue from my $LTCUSD analysis and comes up short for a nice ABC correction...
After a significantly bullish 2 weeks many were excited to see us test the upper trendline.
Unfortunately, we bounced off the lead 2 (Senkou Span B) on the daily leading to 24 hours of down-trend.
This is significant because it forces us back below the 50 period MA on the daily &
300 MA on the 4hr.
Why does that matter? It nullifies a huge bullish...
Bouncing on the long-term upper trendline, stuck between the 9 and 20 EMAs, also under a price action based horizontal resistance.
I have placed 3 Fibos, 1 showing the possible fall, and 2 to support the possible trend reversal out of the correction.
I am not making a move here, watching and waiting for confirmation either way.
On the 1D BTC chart
Another day of bullishness and so far in today's session we are looking strong above the 150EMA and the upper trendline.
My only concern is the inability to close above 10,300.
RSI has, at last, broken it's LH LL downtrend.
Other than this there really isn't much to report.
Just remember that we have seen similar action in the recent...
Daily BTC market opening analysis. 4hr chart outlining the price action and what we need to see next.
4hr price action after today's daily close is bullish,
although we opened below the previous candle
we closed above and have started the next 4hr session strong.
As you can see, after the TK crossover we have bounced
around and confirmed short term support,...
Hi friends, I see that the excitement is building and the rumors are we are going to the moon again, but lets take a technical view at the market to see what is going on.
The possible formation of a bottom on the Bitcoin market is very real with a convincing inverted H&S.
However as analysts we have to look and find more confirmations of the reversal.
At the...
$BTCUSD current scenario is bullish.
We are in the fifth impulsive wave which may continue till 9200-9400 dollars.
THe triangle breakout looks good.
The daily candle of yesterday also closed above the resistance of $7500.
THe next resistances are at 7900 and 8300.
Btc also formed the head and shoulder pattern and the cup and handle pattern which is a strong...
Lets take a eagle eye view of the Bitcoin market after the spectacular crash last month.
Armed with Fib Wizardry I attack the chart from low in mid July 2017.
We can clearly see that the prices kiss the 0.618 fib on every run since then.
On our recent crash we broke through the 0.618 fib on the shorter term but behold, we found support at the 0.618 fib level on...
