BTC can hit near 10000, based onthis analysis we can see the cup pattern, so the price will continue near 10000 if the candle have a positive response to support line
Bitcoin a small correction to remove Margin buyers (May 31, 2019) A quick rollback and purchase low major player doesn't want to derail the price. Here rather is the removal of marginal positions of buyers. - Before that, we had a market overheated purchases of about 70%. - Now after helicopter 58% of buyers on BitMex. - In General, it was possible to make a...
Ciao Traders, I would keep an eye on the weekly chart of BTC, it looks like a shooting star candle is forming on the weekly. What is a shooting star candle? The shooting star candlestick is a chart formation consisting of a candlestick with a small real body, and a large upper shadow. This pattern represents a potential reversal in an uptrend especially when...
- No FOMO any more - Facing with supply zone - AD break down trendline - Bearish Engulfing pattern - All good news has been published - We're seeing bearish divergences in the RSI ...
BTCUSDT has hit it's first target of $5600. We take partial profits here in anticipation of a retrace to the bottom of the channel $5200 and to the strong support at $4800. Make sure you have free capital for a retracement! If BTC continues to move up the next obvious resistance is 6000-6100. Set targets for your remaining BTC at this point. Our ETH Signal is...
- BTC trading within an ascending triangle -Using 13 EMA as support - Have been trading and holding above 55 EMA - Current resistance is the top of the triangle and the .236 retracement mark. (4200 area) - If we break and hold next target should be .389 retracement mark -NOT Financial Advice
On this chart you can see the mirror quotes of BTC and TUSD ( BTC - yellow thick line, TUSD - blue thin line). On the smaller time-frames - there is a clearly visible rising wedge on TUSD, which tells us about an upward movement for bitcoin near time. Various oscillators shows the same way, on the other hand - MACD on BTC shows strong bullish convergense. So...
BTCUSD at 3D timeframe don t look very well because stochastic RSI it s overbought which is a huge sell signal. At the moment BTC can sitting at 3662$ which is MA support at 3D but if will close below 3662$ after a retracement we will going down hard. Macd show us a buy signal but i will not entry in this trade till stochastic RSI will cool off a little
I am sounding like a bear lately... this move is ending, that one is ending blah blah. Red box was my prediction for the end of the 5 waves up since the 15th. It was done near the end of the move and my orders filled near the top of it. Ok that's a win. I didn't expect BTC to then only retrace between the 0.236 and 0.382 fib levels. I saw a bounce coming and...
Thank for viewing, Just a quick one to note that the present impulse move seems to be drawing to a close. The red box represents the area where I will be exiting - I don't imagine much will be left on the table. I didn't go long on BTC but went long on ADA, ETH, and XRP a few days ago, and managed to nab most of this move (so far). But, when big daddy BTC...
Thanks for viewing. There are reasons to expect a bounce a bit bigger than the impressive (but relatively small) bounce so far. The biggest reason is that the retracement of the dramatic decline since mid-November has been rather insignificant. Also, the volume is back - people are starting to get interested again, The red box represents where I will be...
Expect a retest at 3.6k if current resistance breaks. RIP to those that did x100 shorts.
Remember to always set your stop losses and invest in what you can afford. Don't get Bitconnected.
Hey guys! This is what I think might happen from 2018 to 2020. I believe Bitcoin may touch down on the critical trend lines as seen in the chart, sometime in late December or the beginning of 2019. From now until that happens, I think we'll just see sideways action from Bitcoin, with Altcoins increasing in value. As we can see, volume is also reducing, further...
It it what it is mate.