Bitcoin is forming Head & Shoulder Pattern on the 1 Hour Chart. Waiting for neckline Breakout. Buy for a quick Profit. Guys Join our premium Channel - If you are interested you can join our Telegram Group to receive buy & sell or Long & Short signal for margin trading. No matter where market goes, you will make profit when market goes down by doing short and...
Bitcoin's near term momentum is stressed out following a strong rejection by the bulls that rallied price from 6340 to 6840 yesterday. Price may need to correct lower and possibly to the mid-6500 to recharge momentum before a sustainable continuation to retest the key resistance level at 7000 could materialize. Good luck and trade safe! This is only a partial...
Don't let bear traders scare you. They usually stay in the sidelines and buy at the top, which explains why they are so salty (rekt, lol!). Sure, their bearish forecast would eventually be accurate. After all, even a broken clock is right twice a day. :) Unfortunately for them, we are not in that hour yet so Bitcoin is not dropping to 5000 now. As a matter of...
I have tracked BTC/USD 2014 market movements and correlated them to the current Bitcoin chart, marking possible similarities, resistances & breakouts. The current position of Bitcoin after the recent rally is drawing closer to the upper resistance, so will BTC breakout - fakeout or drop down to the lower resistance - decision time is looming with Bitcoin...
The objective of this forecast is "not to predict" which direction Bitcoin will follow. Rather, the chart tells you where price will likely end up whichever direction Bitcoin follows. Good luck and trade safe! Please note that my Bitcoin Q4 2018 Forecast is no longer for sale. Instead, I am now offering insightful market forecast and actionable trade ideas...
My TA have been %90 accurate since the beginning of this bear market! (December 2017) MacD indicator is heading into the negative zone; That's an indicator BTC will be dropping further this next few weeks. RSI levels are mid range; we need to hit 26-30 range to see a bounce in BTC. As always this is my personal TA, do your own research and never risk more...
Although we expected finishing of patter in the Short term at the 1-hour timeframe scale, it took much longer to complete it. At the 3 days time frame we see a clear H&S is formed. This is the update to the previous trading idea. The price dramatically went down to the mentioned level. To drastically change the direction of movement, bears was need to push the...
I expect it to rise again though simply due to the huge price drop and the buy orders that will now be filling in. Might be smart to margin trade at a leverage of maybe 10-25x positive but of course, this is still speculation so trade at your own risk.
What I am presenting here is an interesting comparison between the past and present bear seasons of Bitcoin. We have the main chart (above) showing us the current bear season that started back in December last year. Whereas the chart below shows us Bitcoin's last extended bear season which began in December 2013 and ended in late-August 2015. Click on the...
***This Idea was charted on a Log-scale chart*** On August 17 2015, with months of a deterioration of Bitcoin's price, everyone's confidence in Bitcoin waned as BTC price fell below $200 to a record low of $160. Almost a year beforehand, Bitcoin was almost 10 times its price, and some people that had bought at that time as well as the Hodlers were starting to...
Based purely on technical analysis with no ETF mambo-jumbo that makes your head spin, the last phase of this Bitcoin Q3 Forecast is gradually materializing just as predicted 56 days ago. >> BELIEVE <<
Bitcoin is in a rising pitchfork. Blue regions are high possiblity. Red regions are low possibility. Yesterday's top price confirms this border. Min Price: 6200... This is where blue band of pitchfork and wedge roof (see below) intersects. The price is not likely to fall further. Max Price: 7290... Tops are descending since December. This is where pitchfork...
Ehi guys, this is busywithcrypto! Today i'll show to you my intraday trade idea that can you some money attending the good moment to re-enter in btc. Like i said every single time, this is a sort position and it is very risky int this speculative so be cautious!! Let's start: BTC touched the 6100 zone and then went up really really fast and now, with the fibo...
HMQ was in a downward move since May. And currently at the point where its ATL was in Dec, 2017. By the past 3 days a good amount of volume was poured in and a good sign of an upward reversal pattern is in creation. If it can close above the falling wedge resistance line at around 990 there will be a possibility of an upward elliotwaves creation too. RSI looking...
Ehi guys, this is busywithcrypto team! Today we will discuss about btc! like we said some days ago we're still remain in a bearish momentum and you need to be careful and do not listen to all the people/news/articles that tries every single day to confuse your minds! As you can see btc broke the black trendiline on the daily chart and broke the triangle in...
Hello, my fellow traders! The massive profit-taking that drove price from 7150 to 6360 certainly took us by surprise just as news about SEC delaying their ETF decision broke. Bitcoin's market value was robbed of $9 billion in less than 24 hours. Well played is the word I would use to describe those who orchestrated it. Like I said in my last post, the bears...
Ehi guys, this is Busywithcrypto! We can see in the 30m chart like we are in this sideway pattern and we can see like we're moving in this fibonacci pattern!! In the specific, BTC is moving from 0.236 to 0.786 and it touched one time 1 level and 0 level. So we're now moving to the 0.786 zone and then we would probably go down to 6700, our target zone! This is...
BTC pump started on 15th of July due to good fundamental news: the first M&A deal using crypto. This significant upward movement brought the price to the major resistance level and finished IHS pattern. This is the first reason why BTC volume grows up and the price goes through resistances so easy and continues its growth. However RSI is overbought and Technical...