Here we have BTCUSDT 1D chart.
Many traders are asking themselves now what is going on ? or what are the main factors that we have for BTC to take the right decision about bullish or bearish ?
Honestly we are in a critical level right now, but the higher probability to be bearish in the next few days for many reasons:
1- all EMA lines are gonna cross...
It seems that enthusiasm due to the recent decline in historical media is rapidly coming to a halt. The most attentive has not responded to the purchase around 7k USD. I believe that this triangle can predict the new Bearish towards lower supports confirming last week's bearish trend.
A difficult time to venture forecasts, but we'll see.
For me, it's a 70% Bearish.
The price chart shows for days a very marked bearish trend channel, constantly lower than the EMA200 level. The most significant in the presence of volumes to confirm or not the reversal of the general trend It is very likely that the value of BTC further falls to lower levels already achieved before, before seriously starting to rise again. However, the nearest...
This is what i predict for Bitcoin, it will come down to $3500-$3000 and it will build momentum until it finally move to the upside atleast $50,000
The question is. When ?
No one really know the exact time, but my knowledge says it will take a few years at least to happen this bull run.
If you already bought bitcoin, hold it patiently for long-term it will be...
In the previous week, we have seen that the BTC price is dumping slowly. But In multi-week BTC to USD expectations on Monday, November, 4: least value $8735, greatest $10051 and by the day's end cost 9393 dollars a coin. Bitcoin value forecast on Tuesday, November, 5: least value $8737, greatest $10053 and by the day's end cost 9395 dollars a coin. BTC to USD...
The king of cryptocurrency Bitcoin (BTC) seems to be in a loop of similar formations on the thirty-day Bitcoin price prediction charts. Bitcoin price seems to be repeating the head and shoulder pattern over the past few weeks as the price bar hits new lows. Another formation is in place at the time of writing.
Read More: Cryptopolitan.com
The slight break of the 7.4k support indicates that the horizontal movement of the last few days could change to a new value collapse.
In recent days we have seen attempts at bullish movements but without success.
In fact, it can be thought that the bearish trend will win to confirm the current downhill channel again.
#surfthetrend #trendsurfer #coinbasepro #btceur
BTC Break down of the triangle.
Soon A good opportunity to enter.
BTC downward movement towards 8.1K Euro ÷ 7.6k Euro.
An adjustment that breaks down the horizontal movement that had lasted for days.
The market will prepare for the next rebound.
Wait for confirmation of the next supports at lower levels to enter BUY (8.1K Euro ÷ 7.6k Euro).
Will history repeat itself? In November 2018, the SEC's communications and the uncertainties of the moment brought down the value of BTC by more than 50% before the next Bullish moment. Today the conditions are very different. Let's see what happens. In the case of a possible simulation.
We are at the end of the triangle. Soon we will be able to attend either a big bullish or a super bearish. I believe more in a rising phase if the dynamic support traced by the side of the triangle will stand.
Bitcoin and technology are becoming increasingly popular and bitcoin mining costs and related industrial activities are in full expansion.
Let's see if it...
I just have to say - nothing new - Here is the text of my last analysis.
I couldn´t belief to see this. Everybody is asking where the correction of bitcoin will end. Here are my thoughts:
Requirement: We will not break the high from June 26th.
Bitcoin likes the 61,8% level to retrace movements. Additionally bitcoin closed past future gaps every time. In my...
Possible rise towards 10k in the coming days. Divergence in the widest timeframe and change of trend in progress after today's decline, give me hope in a possible phase of the climb towards a maximum of 10k. In case buy now and sale from between 9800 and 10k. Long position value max. +12%.
BTCEUR, Mini Bullish into trend channel
If BTC starting the run to upward and don't break the dynamic support (the yellow upline in a chart)
Entry at 9380 Euro (or Around)
Target 1: 9800 Euro (More Probable)
Target 2: 10200 Euro
Target 3: 10620 Euro (Very difficult but with BTC all is possible)
Max Take Profit level: +17,5% at my dynamic resistance