The most popular cryptocurrency opened trading on Monday, November 4 with a 2.3 percent increase and a green candle to $9,423. It peaked at $9,597 during intraday and successfully broke above the 38.20% Fibonacci level.
Bulls, however, were not able to hold their territory and retreated to $9,311 on the next day, Tuesday, November 5. We saw the BTC/USD pair...
The market has just plummeted, but for a classic pattern trader I still have to share with you the bad thing about BCH / BTC.
BCH SELL OR SHORT (X3) FROM : 0.0270-0.02750
TARGET 1 : 0.02400
TARGER 2 : 0.02000
SL : 0.02950
After a rallying week to $14k, we saw a massive sell-off, which, to be fair was expected so let's not be disheartened by it. A pullback is healthy and necessary to sustain any gains in the markets... and a great opportunity to buy back in at a low price so I welcome them with open arms :)
If the weekly candle closes below $10.7k, this would be confirmation that...
As given idea in my first ever my published chart in tradingview (was not best looking chart or professional) but with the best possible prediction and same happened as told. Now it is risky to hold BTC as per me i believe by looking risk return management and also the scenario which has more probability to happen or next move most probably going to happen is...
A correction is now at our doorstep. We are in day 4 of the recent bull run, which typically exhausts by day 3 or 5.
- Volume Divergence
- RSI Divergence
- MACD Divergence
- Long red candle forming on 4 hour
- Long green wick on the 1 day
- Elliot Wave complete
- Correction wave initiated
This is only a prediction off the TA I am currently viewing, which...
BTC has been rallying for a few days now, we called a long from 6.1k and have now taken profits.
Daily volume is beginning to decrease as we get to the top of the falling wedge.
A close on the daily above the yellow box will lead us to the next yellow box. We have seen many of these bull traps before as we are in a bearish phase.
I have begun to slowly build...
#Bitcoin 27/08/18 #BTCUSD 1D chart
- BTC looking bearish AF
- Bear Flag at 1D chart / Declining volume
- Price is having a tough time pushing through the 6800 level which can be interpreted as a sign of weakness
- Target 5000$