Bitcoin lost another 6 percent of its value on Sunday, November 24 and stepped down to $6,898. The coin closed the week 19 percent lower compared to the previous seven-day period. The trading session on Monday, November 25 started positively for bulls as the BTC/USD pair climbed up to 7,133. It successfully regained positions above $7,000 and added 3.4 percent...
Im expecting another big drop in next 4 hours, if we dont drop in that time, we can move higher , there is 1:5 risk:reward trade, i have also another 1:10 trade, but its private, contact me if u want it
Hello, thanks for checking out my idea! Most of the info is on the chart. We don't need a bear fake-out to fulfill this pattern, but as we've all noticed BTC likes to start with the opposite thing it's actually planning to do. With that in mind I think this analysis fits the picture we're looking at. I personally won't be trying to time the bottom of the right...
Bitcoin climbed above the $9,000 mark on Sunday, November 10 and ended the session at $9,029 with a 2.5 percent increase for the day. Still, it was 1.9 percent down on a weekly basis. The most popular cryptocurrency opened trading on Monday, November 11 with a huge red candle on the daily chart after bulls were once again rejected around the above-mentioned...
This is a continuation of my first ever post minutes ago.. this are my targets.. my resistances at red and the bullish support at black where i will be rethinking on my bearish sentiment if that line doesnt get break down in the short-mid term.. in the end im thinking simple as i always try to do so in trading ... if my short time frame resistances dont break in...
The most popular cryptocurrency opened the new week by climbing above $8,300 during the day. Bulls, however, were once again rejected around the lower end of the mid-$8,000 levels and fell back to $8,208, closing the session in red. A similar thing happened on the next day, Tuesday, October 22 when the BTC/USD pair peaked at $8,323 during intraday, just to end up...
The most popular cryptocurrency opened the new seven-day period on Monday, October 14 with another attempt at $8,300. It moved up to $8,364 and once again closed above the mentioned level. As commented, it is of critical importance for bulls to defend $8,300 and consolidate there. On Tuesday, October 15, the BTC/USD pair lost 2.3 percent of its value and dropped...
On October 10 we witnessed a low-volatile session during which BTC stayed mainly in the zone around $8,570 and did not change in price. The last day of the workweek came with a huge loss for the coin as it dropped back down below $8,300. The 3.8 percent correction resulted in BTC stopping at $8,262. The weekend of October 12-13 started with a small increase on...
After closing below $8k for the first time since June this year, the BTC/USD pair started trading on Monday, October 7 with a huge green candle. It gained 4.5 percent and moved up to $8,200, but not before hitting the $7,760 mark – right at our projected bottom of the downward correction. On Tuesday, October 8, the coin broke above $8,300, but bulls were not able...
Bitcoin fell down to $8,045 on Sunday, September 29 and closed the week with a 19.8 percent of a price decrease. The most popular cryptocurrency opened the new trading period with a highly volatile session on Monday, September 30. The coin was trading in the wide range between $8,377 - $7,714. Bulls were not only able to avoid a drop below the critical level of...
If you didn't read my educational content, you can do it here first: How to making LOT of MONEY - Hunting Divergence So again: bullish divergence formed in the last 6-7 days. 4 hour chart divergence here: 6 hour chart divergence here: 6 hour chart divergence is a very rare and strong indication of short term trend reversal! This 4H RSI(20)...
While my macro view of BTC remains bull, my short term view is very much bearish. I am still holding my short hedge position from 10.3K. Momentum on a weekly basis is still showing selling pressure. Thus, I'd like to trade to the down side. Since BTC seems to be consolidating/breathing before continuing downwards, I'm expecting price to reach the red box. A mean...
If you are watching the actions this week, that was very big firework on the ground. 09/23: BAKKT Launch 09/24: FSC general SEC meeting and after this meeting 400M $ of LONGS liquidated on bullmarket(!) and BTC dropped 15% in a single day mostly in one hour.... You sould ask: WTF happend here sir? They said BAKKT is bullish...or not? Let's see where could go...
Opened a long at 10.040$ Stop in the red area. Divergences inside the 1H channel, RSI breakout. MFI oversold, divergence on every oscillator. Falling wedge is bullish pattern! And finnaly potential bullflag forming on minute chart.
In short: Break-out UP is expected. In long: Taking into account general Bitcoin uptrend, the price should break out the triangle UP after bouncing inside. However, there is a possibility that the price can go to 8500$ levels or even 7500$. Please use stop-loss just in case.
Hello crypto guys and girls!! Bitcoin movement got interesting today or better say got even more interesting today. Let's take a look what happened, both yesterday at 16/6 and today at 9400$ got rejected. It got rejected although this time the resistance level of breaking the 9000$ and 9450$ where it lays the 38% fibonacci level should be significantly weaker as...
I have an opinion which way it will go, what's yours? Markets don't care about our opinions, so we trade what it gives us. Here we have COINBASE:BTCUSD on the 4HR. This is a very simple plan to follow, BUY or SELL the retest of the triangle breakout. We saw this pattern as a continuation pattern in 2018 from the bear market, before the drop to 3200. Will it be...
Here's a scenario I can see unfolding in the next couple of weeks/months on BTC. Basically ranging but clear bull bias to the upside. With a liquidity play on LONG bias traders in the 2 red boxes. Ultimately I think from the lower level it will recover quickly but is the last shake retail weak traders out who went long in those red box ranges. If this unfolds...