After last post, i think BTC have small wave to 3k8 and altcoins has very trong up wave.
Now I think volume BTC is not interesting, so I think it has down wave in next week.
I will not buy , find sell point instead.
Anh I think 3k8 - 4k is good point to 3k.
Remember stop loss for any trade please!!
Thank you! Have a good trade!
Good morning. Here at BitOoda, we have been BEARISH of BTC and remain of that opinion. $3,600 has been, what we feel, as the key ‘magnet’ level between the range of $3,200 and $4,000. There is a battle between the bulls and bears at this price, and we feel the BEARS could likely prevail. We will consider changing our view if and when there is CAPITULATION in ...
I think Bitcoin is going to retest the heights of NOVEMBER 2013. Taking into account the the current shape of the downtrend, the fact that the 2013's high was not properly tested, I expect more than 1 year long bear trend. The reversal point would be the May 2020 in case the price will not break the support of the falling wedge pattern which is forming ...
Hi all I am looking to history BTCUSD shorts. In history there is some similarities, look at 2.Aug, 1.Sep, 12.Nov. This dates is very important, in this days a lot of people start shorts BTC, and price in usd go down rapidly, 23%, 16% and 50%.
Now is situation similar, If we bounce from line on shorts, can be drop like in history, a lot of shorters are waiting ...
Sorry ahead of time for it being a mess.
For the first time ever, I am posting the chart I use for day-trading.
It has every single support and resistance in this range.
It has predicted $500+ moves so far, on multiple occasions.
I am not trying to be bragadocious here, I am simply trying to point out that every single line here represents something ...
Another daily analysis for BITCOIN!
So, recently I have turned very bull for numerous reasons as I believe Bitcoin is going to move UP!
1) Hourly RSI recently dipped into oversold for the 3rd time in recent days. Each successive dip into oversold has been significantly higher than the last.
2) 6h RSI ...
BTCUSD monthly view:
From 1 february 2018 it s situated into a huge falling wedge which is a reversal pattern.What means this? When we break this pattern(wedge) we will see upward movements and BTC will be switched from bearish to bullish(We will see some gains in BTC+Altcoins)
At the moment we have more room to drop,is very important to remain above neutral ...
Noticing a possible pattern here in the RSI.
Though this is a smaller time frame, it is showing that these sudden moves are beginning to lose a lot of strength.
The ones we gotta worry about now are the ones that span across multiple time frames.
Currently we are showing hidden bullish divergence in all time frames, which can only be invalidated by a lower low ...
I am back again with a new post. Today I have noticed a very high trending proportions which can land bitcoin to 5400 in no time. Please note that it is not a regular harmonic pattern you will see on books so please leave comments with half knowledge about the pattern. Time is the answer for for every trading idea, lets wait and see the results.
Note : I ...
So as expected, Bitcoin dropped soon after confirming hidden bearish divergence in the 4h and 6h charts.
All hope is not lost! There are a lot of hidden bullish signals that have presented themselves from this dump.
The .618 located at $3,550 held. No 4 or 6 hour candle so far was able to close decisively below it.
There is hidden bullish ...
Forming higher highs on price charts but stoch is forming lower highs. Clear bearish divergence. Should be moving down. Probably going to get a bull trap before a very strong movement down. Would fit perfectly in with the bitfinex maintenance as most people will still be in their longs, therefore their longs will get liquidated and price will drop further down. ...
After analyzing the chart more calmly, I decided to discard the previous fall analysis at 3,330, but note that the BTC actually fell after my analysis at 3.441 next to what I posted, missing $ 110.
Now the picture has changed and the reversal has begun, I have analyzed again and I can see that we are out of the low.
We are now on track to hit the 9k until July, ...
Every time we pump, we dump.
Every time we dump, we catch support somewhere important.
Bitcoin not only pumped off the .618 retrace, but recently held the .5 from the same fib after again retracing. So, no retest of the .618. (Yet.)
Wicks are by far and wide the worst I've ever seen in Bitcoin the past week.
Ethereum is pumping.
We have a massive IHS ready to ...