BTC has bottomed out as it seems with the help of yesterdays bloody monday across everything finance and the now past SEC hearing on cryptocurrency. If you missed it the SEC hearing was positive. Time marked on chart. So from its bottom out BTC is following a new bull trend with clear fundamental skys - not a FUD cloud in sight. Marked in the dotted red are...
$BTCUSD From $5500 - $6000 To $25000
ust an idea, but if we get a 5555 bounce we could see 20k again in just over 1 month. do not copy my trades.
I like to work with Angles, and there are many possible movements for BTC
firsst time using this technic but looks fine to me!
The sell off continues and BTC is entering the old support zone, sentiment is dying but this could be a good entry point so trying some here. Also we are at the channel where we would like to see a technical bounce, my first tgt from here would be 8200.
If Bitcoin breaks through 8000$ support, next stop will be 6000$ where is big chance that it might stop as it nearly reached the end of the triangle. If it goes below 6000$, I would recommend buy more on 5000$ mark and put stop loss signal on 4000$ as if it goes below that, seems unreal that it might go back in the nearest future. Be patient and in case you...
so correction is done ? i guess no.
BTC 3.79% while moving in downtrend channel formed falling wedge and now we see it's breakout. BTC 3.79% touched the old support line and now have bull power. In other side BTC 3.79% still in higher parallel channel , that make him weakness. Now is time to retracement, we should see how strength is 10200$ level. But 8500-7900$ is still more than possible, that's...
On 2nd August 2016, BTC fell down to 470 USD, testing 200SMA on daily after making a high of 781 on 18th June 2016 Now is the first time since then, BTC again has hit 200SMA, let's see what it does next! My bet, we are in for a 30-40% jump
wowww!! btc in this huge uptrend this could mean some nice profits soon or later!!! step in before its to late!!
i will update this chart over time, to see how it develops.
Since the price reached the buy zone on $9222, it started giving us higher lows each time when hitting the black uptrend. Now, the price is facing the first downtrend in blue. If the price successfully breaks the downtrend, it might go for the next downtrend in orange and the target will be the price zone 14370, 50% fibo, - 15000. After that, we might go down to...
If we can see BitCoin on the BTCUSD getting up around 12K +/- (in the green zone of this pitchfork graphic), then we could be off to the races. Who knows? BTC
Hard to tell when the next big move will occur. Scenario 1: Seems like BTC may consolidate between the .382 Fib line and the the downward trend line from 1/6/2018 (top green line). There could potentially be a break out there or it can dip to the downward support trend line that has been in place since 12/30/2017 (bottom green line). Scenario 2:...
Just some lines on a chart its TA lines on a chart
Reversal Bullish Divergence on BTC New Target => $11380 !!!! Super excited !!