There is a possible move about to happen with $BTC soon and it could be a move we are all well too familiar with these days. Like previous rising wedge that brought us down to where we are at now, it was formed on a downard trend. Upward wedge's are not good usually good news as they are seen as bearish. For this to be denied we need to see bitcoin rally up to...
buy zone : 7500-7600 tp1:7770 tp2:8000 Don't forget Asset management / and please trade on your own risk and this chart is as my opinion about BTC/USD 4H regards good luck
As we can see the price fell back under the downtrend line. Sign of Bear trend A weekly 20MA is showing downtrend too (not shown in chart). We can spot possible trend reversal zones. Fib 61.80% zone (7900-7800$) Fib 78.60% zone (7300-7200$) Uptrend line of the triangle. (6800-7000$) Ps: The breakout of 8167$ level (fib 61.80% of major fib retracement) could be a...
Midterm Forecast: . While the price is above the support 6000.00, resumption of uptrend is expected. . We make sure when the resistance at 9774.80 breaks. . If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: .While the RSI support #1 at 30 is not broken, the probability of price decrease...
Midterm Forecast: . While the price is above the support 6000.00, resumption of uptrend is expected. . We make sure when the resistance at 9774.80 breaks. . If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: .While the RSI support #1 at 30 is not broken, the probability of price decrease...
Midterm forecast: While the price is above the support 6000.00, resumption of uptrend is expected. We make sure when the resistance at 9774.80 breaks. If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is...
Midterm forecast: While the price is above the support 6000.00, resumption of uptrend is expected. We make sure when the resistance at 9774.80 breaks. If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. Price is...
For closing second triangle and going further uptrend we need that BTC COINBASE:BTCUSD shall not pass under 7700 dollars
Description on the chart. I posted a few days ago about Bitcoin hitting 11-12k soon, and I stand by it. This is a closer look into the price action and 9000 level (or Vegeta level as some call it), as opposed to the previous chart which is more of a longer-term perspective.
Technicals look good. Market sentiment is shifting. Give this 3 months and it could be at 12k.
BITCOIN/DOLLAR Midterm forecast: There is possibility of temporary retracement to suggested support line (8180.60), if so, traders can set orders based on Price Action and expect to reach short-term targets. While the price is above the support 8180.60, resumption of uptrend is expected. We make sure when the resistance at 9774.80 breaks. If the support...
BITCOIN/DOLLAR Midterm forecast: There is possibility of temporary retracement to suggested support line (8180.60), if so, traders can set orders based on Price Action and expect to reach short-term targets. While the price is above the support 8180.60, resumption of uptrend is expected. We make sure when the resistance at 9774.80 breaks. If the support...
BITCOIN/DOLLAR New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. *There is possibility of temporary retracement to suggested support line (6299.85) , if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price...
Bitcoin/Dollar Total Profit: 1356035 pip Closed trade(s): 230515 pip Profit Open trade(s): 1125520 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 04.01.2018 . Closed Profit: TP1 @ 7556.25 touched at 04.12.2018 with 84040 pip Profit. TP2 @ 8180.60 touched at 04.12.2018 with 146475 pip Profit. 84040 +...
Total Profit: 1160611 pip Closed trade(s): 84040 pip Profit Open trade(s): 1076571 pip Profit Trade Setup: We opened 10 BUY trade(s) @ 6715.85 based on 'Hammer' entry method at 2018.04.01. Closed Profit: TP1 @ 7556.25 touched at 2018.04.12 with 84040 pip Profit. Open Profit: Profit for one trade is 7912.04(current price) - 6715.85(open price) = 119619...
BITCOIN/DOLLAR Midterm forecast: While the price is above the support 6000.00, resumption of uptrend is expected. We make sure when the resistance at 11600.00 breaks. If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid . We will close our open trades, if the Midterm level 6000.00 is broken. Trading...
Midterm forecast: While the price is above the support 6000.00, resumption of uptrend is expected. We make sure when the resistance at 11600.00 breaks. If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 6000.00 is broken. Trading suggestion: There is...
We can se the false Breakout of the previously mentioned 61.80% fib level at 8167$ that now is again a resistance level. RSI is in a possible reversal zone, and the price could be forming a Head & Shoulders pattern. Multiple 4h close under 8167$ could lead to a retracement. The target of the short term bearish retracement could be 7607$ that is 50% fib levele of...