In case BITFINEX:BTCUSD has bottomed we can expect Wave 2 to commence.
Wave 2 can potentially extend towards 61% Fib even lower as long as Wave 1 isn't surpassed. From there onward the next Waves will develop.
2 other scenarios that can happen in in a bullish perspective.
Scenario 1 : The Waves develop but BTC manages to get up to 10k range before the...
Happy Sunday BTC Go'ers | Short Term Bearish
Looking over the daily, BTC has been very bullish lately. I am a bit concerned that there has been little actual retracement or pullback.
Normally I would be bearish but due to BTC's scarcity and limited supply/Supply and Demand. It acts differently from traditional stocks and currencies and should weigh on your...
DON'T GET FOOLED BY TALKS OF A HEAD AND SHOULDERS! It CAN happen but wouldn't that be a little ... too easy?
Just something I noticed, the RSI on the 30m has been coiling, there have been attempts to break out of this resistance which resulted in powerful short-term rallies.
If Bitcoin can break above the resistance in the RSI, we may see a seriously powerful...
The 7 EMA crossed over the 50 EMA on the 6th May 2019 at $5,661 and went on a near $2,000 run to $8,400.
The 7 EMA crossed DOWN over the 50 EMA on the 16th May at $7,992 to indicate a strong move downwards and it did all the way down to $6,200.
The 7 EMA is now looking to cross back over the 50 EMA hopefully today, if it crosses over then we should see another...
Now BTC correction almost done but we can expect next leg up soon. but we can also expect one more small correction.
but still our target 8400$ and 9366$ and there is probability that BTC could go above 10000$ .
so guys please stay tuned our twitter for latest update and Many more Quality updates.
There's a lady who's sure
All that glitters is gold
And she's buying a stairway to heaven
When she gets there she knows
If the stores are all closed
With a word she can get what she came for
Oh oh oh oh and she's buying a stairway to heaven
There's a sign on the wall
But she wants to be sure
'Cause you know sometimes words have two meanings
In a tree by the...
#BTC #BTCUSD (30 M )
In Shorter TF Btc Making Descending Channel..
So It Can Broke UP Or Broke Down Anytime..
MA100 Line Is Acting As A Strong Resistance (8000$)
If BTC Broke Up the Channel Then BTC Might Test 8000$ Resistance..
If BTC Broke Down the Channel Then We Can See 7460$..
maybe we'll see a quick move down to $6800 -$7200 area before the jump to $10k level
bitcoin still in up trend and i guess it will continue to $13k - $14k levels without do any big correction of %40 down
Clear signs of the trend weakening on the CCI. If we lose the current leg we're on, I could see us pulling back to green box below.
We haven't broken bullish structure just yet, so I wouldn't be rushing to short.
Bitcoin Topping at a 9 on multiple time frames via TD sequential. BTCUSDShorts are going down. Alts starting to gain momentum. These are bearish signs for bitcoin . Ichimoku still bullish on multiple time frames. If bitcoin breaks below 7.5k, I am looking at a run down to around 6k or 5k. If bitcoin stays above 7.5k in the next 4 days, I am expecting this to...
The number of BTCUSDSHORT contracts have reduced by 10,000 units - another indicator of the imminent change for bitcoin market sentiment.
For local sales, technical signs are starting to appear.
Purchases look dubious, but possible with a short stop loss.
We got a Bullish Bat pattern. After the pattern completion point, first we had a primary trend line that emerged and now we have an accelerated trend line arising from the said primary trend line.
About targets : T1 is 38.2% from D to A and T2 61.8%.
Time to start taking profits after the violation of the accelerated trend line.
$BTC vs $ETH vs $XRP - 2019
$BTC vs $ETH vs $XRP - Since bottom
$XRP rally incoming? only 60% gain 2018, $BTC & $ETH over 140%
$XRP only gained 60% in 2019, $ETH and $BTC more than 140%.
Bitcoin and Ethereum also doubled since their bottom. XRP didnt even reach 100% since bottom.
Something is coming if you ask me.