I ask you to pay attention to the critical level for bitcoin at a given time. In the event that the current or subsequent weekly bars close above the support line / cost resistance line, we will see a subsequent increase of 900% + in the next few weeks. I would like to draw your attention to the fact that the key condition is the closure of the current weekly or...
Support zone 2421 - 2404 look to brake above 2477 If zone is broken low look for support at 2336 to 2318
good day:)
Looks like a possible set up on Bitcoin VS Euro if we hit C and price turns I would look to sell towards D.
Historical places where we've bounced. Remember, we ALWAYS retest the previous all time high peak. Always.
In contrary to bullish signals I present you descending triangles. It is not a clear idea, but it might work. TP at 2050.
Please, compare the current situation with 10 days ago (16th). The RSI and MACD give us again a buy signal and you can also see the double bottom patron again. Are you ready for a new 500 eur sprint?
Bitcoin has moved more than 10% intraday and more than 15% since the local top. XBTEUR and BTCCNY are near support and I believe we could see a 100-200$ rally in the short term. I would be buying down to 2350$.
based on the LONG term bottoms and their support lines this graph shows where everything meets, indicating that BTC's drop isn;t over yet and we may see prices below ~1200 euro still before it moons.
BTCEUR ready to skyrocket after failed to break 61.8 fibonacci Target right now at 127.2 fibonacci to 2954. with stop level bellow 1339, this setup aim for 1400 pip with 1:7 Win to loss ratio
It is about time to go full on short, perfect spot right here right now.
Ive had the luxury of being away on vacation and having had time to think about this and concluded that this is hugely complex in its analysis. This analysis is with reference to my very long term trend analysis tagged. I will state that im not a coder or BC expert but have a thorough understanding of economics so please excuse any BC misunderstanding in the...
This is one of the possible plays that might occur with BTC/USD at the $2400. A retracement might happen once it reaches the $2400 resistance level. If it doesn't break through it, then we could see a retracement down to the $2200 support level which could develop into a head and shoulders pattern to try and test the $2400 level again.
dont let them wicked bowls squeeze you (be it daily, weekly, quarterly, decadely) Cryptocurrencies are expensive compared to the past and in a parabolic hypecycle. So most people expect relevant decrease in the following few month The bitcoin fork news arent that heavy positively or negatively. many developer's eyes may be watching bitcoin code so bitcoin may...
The chart speaks for itself. Make sure to have your funds in a safe place BEFORE 1st of August, under no circumstances leave them on exchange (unless you dont mind losing them). Unfortunately, I am not able to predict what will happen after the critical first day of August as the situation is highly complex. One thing is for sure, fear and uncertainty will be...
Will it shake out (long squeeze + short queeze) this sunday? Or just go to $2300on sunday and $1800 on monday? This is a very short term analysis and im posting this as "long" just to make a discussion. Once everyone thinks, sees it is falling then they will sell (late)?. So Maybe that is the trick here and it will bounce up? What do you think, up, down or 50/50?
BTC/EUR