IF BTC GOING TO BREAK this support line then it could go to 18K Wait for breakout confirmation.
BTC Seems to be rejected from the wedge resistance and a short from here has a good risk to reward ratio. Manage your risks accordingly. The weekend is here, bitfinex shorts are high so this convinces me to short here.
This week BTC lokal price reached the high of 35500 and couldn't breake the downtrend line. This local high now looks more like a bounce from last deep. Today is the date of futures experations on CME. We think that this bounce was made specially for big capital to come out as profitable as possible. Scalper Season analytics have an idea that BTC sale is still...
As long as we don't retrace past 23k-25k, we are fine. This is not typical. I do think ETH buying played a factor in this . I know institutional buying played a huggeee corruption factor. Let's watch the show. Bullish LONG
Breakout 34k5 sort: wait for retest - sort 34k5 ~ 35k2 SL: 35k8 Tp: 32k rate: 0.6 ~ 1.3 : 2.5 ~ 3.2 Breakout 36k3: wait for retest - buy 35k8 ~ 36k3 tp1: 38k tp2: 40k SL: 34k8 rate: 1 ~ 1.5 : 2 ~ 4
BTCUSDT 30 K is a big Support for BTC and it could Bounce from 30 K If BTC break this resistance, then it could go further down to 29k, 28k and even 22k If you like my idea please comment below
The triple top pattern occurs when the price of an asset creates three peaks at nearly the same price level. You can witness the pattern here..... i expect the price to fall till $28000.........
This chart has kept me up many days and nights, but i think i've finally figured it out. We are in Wave 4. Currently in Wave B (AKA the suckers rally) Don't get pulled into the hype, instead buy the real dip with the rest of the smart money. I have Wave B topping out between 49~50k Followed by a drop down to at the bare minimum of 27k to finish Wave C My...
We will never know: Is the player alone in Bitifinex ? It is happenning at anothers Exchanges ? He could be playing at futures as well, been long at one perpetual, or a option contract. We can't know. that. The only thing we can do is Speculate about, and There it is: At First, we have to understand that he took the distributed market and applied a bilateral...
A lot of people trade fibonacci and EMA's. I love both of these indicators. However, trend lines are where it's at along with Support and resistance lines. Don't get me wrong, EMA's (moving averages) along with fib lines, are great indications of where price could hit. However, trend lines mark the reality of where price action will be, and support/resistance...
Kinda thinking we are heading to 35% B4 any real powerful move upwards.
Bitcoin BITSTAMP:BTCUSD punched through the 200 day moving average and created a new resistance at $42475 which we are below now. Hopefully you took some profit from most of your trades, and hopefully you didn't buy at the top. Price action likes to move to the next trend line or support/resistance line down, and usually only bounces back up once it finds...
BTCUSDT Due to the declining trend in the market, the situation for The buying position gets tough so try to trend to The uptrend has not returned much risk to buy You did not do it, but to use the TB position later Failure of level 1.618 is suitable for taking shorts
BTC gave us a fakeout above 60k and has since failed to find support at the 54-56k range sending us down to the 48-51k levels. It looks to me that this pattern of a rounding top may fractalize and continue a 3rd time sending us to 44-46k before any type of bullish correction in price. THIS IS NO FINANCIAL ADVICE IT IS STRICTLY MY OWN PERSONAL TECHNICAL...
Great! So My thought at the start was this "orange dotted line" not the one in the middle of the screen but the one I am pointing at. My target was this alarm I set. Alarm never triggered but every morning I hit the snooze button anyway LOL So I took profit just a little after seeing it never hit. So closed in some good "Profit!" So here is where we are now....